NYC to Invest $22+ Million in Cultural Organizations

 

 

 

NYC Percent for Art 40th Anniversary Map. Image credit: DCLA

New York City Mayor Eric Adams and New York City Council Speaker Adrienne Adams today announced that, thanks to strong fiscal management, the city will make multiple investments in New York City’s cultural sector by allocating more than $22 million over the next three fiscal years for the New York City Department of Cultural Affairs (DCLA) as part of the city’s Fiscal Year (FY) 2025 Executive Budget. The investment includes $18.3 million over the next three fiscal years for the 34 members of the Cultural Institutions Group (CIG). These institutions — including museums, performing arts centers, historical societies, zoos, and botanical gardens — operate on city-owned property and serve as community anchors and economic engines for neighborhoods in all five boroughs. Over the next two fiscal years, the FY25 Executive Budget will also allocate $4.3 million to the Cultural Development Fund (CDF), which supports over 1,000 cultural nonprofits across the city annually, investing in a wide range of groups that represent the backbone of the city’s remarkable cultural community.

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