A new study examines financial and operating trends of a cohort of Massachusetts arts and cultural organizations before, during, and after the early stages of emergence from the pandemic (2019-2022). The report analyzes how ongoing recovery, historically high levels of inflation, and the rise of temporary federal relief dollars affected organizational health during this period. Despite an uptick in many financial and operating metrics during reopening, most organizations were still working to recover to their pre-pandemic levels of organizational wellbeing as of 2022.
