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NEA budget boost for '08
Art in America, March, 2008
On Dec. 26, 2007, President Bush signed the fiscal year 2008 Omnibus appropriations bill allocating $144.7 million for the National Endowment for the Arts, an increase of $20.3 million over last year's funding. Representing a 16-percent increase, it is the largest boost for the NEA since 1979 and the highest level of funding in 13 years. The agency's highest appropriation level was $175.9 million in 1992. The first round of grants for FY 2008 will be announced in late spring.
The bill also includes changes in the NEA-administered Arts and Artifacts Indemnity Program of the Federal Council on the Arts and the Humanities, which authorizes a large increase in federal indemnity. The program was created in 1975 to facilitate international exhibitions. The recent increase is for a domestic component to help defray skyrocketing insurance costs for U.S. museums that loan works to one another.
COPYRIGHT 2008 Brant Publications, Inc.
COPYRIGHT 2008 Gale, Cengage Learning
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