Just got the email below from GenArt. We are right to worry about necessities first in an economic recession - job, shelter, food, the well-being of our loved ones - but it’s a tough reminder, in a different way, of the state of things when we see great organizations like this one that support emerging artists go under as well.
Dear Gen Art Supporter,
It is with an extremely heavy heart that we are contacting you.
After struggling for the past 18 months since the economic crisis, Gen Art has finally succumbed to the recession.
During this challenging time we did everything in our power to adjust our business to these new business realities by cutting costs and seeking out alternative funding solutions. However when a major, new, corporate partnership unexpectedly collapsed a few weeks ago, we found ourselves without sufficient resources or time to overcome this sudden and substantial loss of revenue. Their decision had the unintended effect of pushing Gen Art over the edge. As of today we have halted all operations.…
…We will be forever grateful for the support of so many individuals and corporate partners over the last 16 years who have believed in the vision and mission of this business….
…We hope that where we have left off, others will step up to help fill the void.