Financing the arts in the Nutcracker Market 2010

It is the time of year of artistry and craft fairs, and the Nutcracker Market 2010 is among the largest. The four-day Nutcracker Market 2010 is hosted at the huge Reliant Center, and benefits the Houston Ballet. The arts are having a tough time getting funding in the recession. The Nutcracker Market 2010 helps the artistry finance themselves.

Info on the Nutcracker Market 2010

There is one place you are able to go for the Nutcracker Market 2010. The Reliant Center in Houston, Texas will be where you are able to go. In 1981, the fair had been opened by former First Lady Barbara Bush. She will now open the 30th annual sale too. There are 325 vendors at the Nutcracker Market 2010, covering a range from high-class to shabby chic. The fair is open from 10 a.m. to 8 p.m. on Friday and 10 a.m. to 6 p.m. on Saturday and Sunday. You are able to get tickets at the door for $12. If you pre-purchase them they are only $11.

Funding the Houston Ballet

There are supposed to be numerous who show up to the Nutcracker Market 2010. In fact, 85,000 shoppers are expected. Last year, the Nutcracker Market sold almost $14 million worth of merchandise and raised about $2.5 million to support the Houston Ballet and its assorted related organizations. There is a $20 million a year spending budget for the Houston Ballet while it is, in the whole nation, the fourth largest ballet company. The money to fund the Houston Ballet comes from ticket sales, endowments and fund-raising events like the Nutcracker Market 2010.

The problem of arts funding

The Houston Ballet is one of the nonprofit arts organizations that have a hard time. It is a difficult situation to be in. It is really hard to fund performing arts organizations from time to time with all the fixed costs and limited audience. With the recession, fewer people are donating to or making use of arts and performing arts organizations, and across the nation they’re being forced to cut events, budgets and performances. The arts organizations need to support themselves. Part of this is done mostly through fundraisers like the Nutcracker Market 2010. The Houston Ballet will only be able to get about 10 percent of its budget filled with the Nutcracker Market 2010 though. Because it is nonprofit, it is hard to fund it. There will continue to be a challenge to face.

Citations

Giarts

giarts.org/sites/default/files/capitalization-project_2010-summary.pdf

Houston Ballet

houstonballet.org/Nutcracker_Market/Nutcracker_Market_Overview/