In fiscal year 1998, nonprofit arts and cultural organizations received 54% of their revenue from earned income, 25% from private sector income, 12% from investment income, and 9% of their income from public sources, according to data from the 2001 National and Local Profiles of Cultural Support study.

Financial support for nonprofit arts and cultural organizations can be divided into four sources of revenue -- earned income, public contributions, private contributions, and investment income. Earned income includes all revenues from admissions, fundraising, and other sales of product or services; in fiscal year 1998, nonprofit arts and cultural organizations received the largest portion of their organizational revenue from this source (54%). The second highest portion of revenue came from private contributions (25%), which include donations from foundations, corporations, and individuals. Interest and endowment income represented 12% of revenues, followed by public contributions from government, which represented 9% of total organizational revenue.

SOURCE: CPANDA (the Cultural Policy & the Arts National Data Archive)

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