News Briefing: Madoff Arrest Forces Nonprofit’s Closing, Stirs Worry at Others
- Arts organizations around Long Island try to cut spending and replace income with creative fundraisers. [New York Times]
- Nonprofits around the nation brace for fallout following the arrest of New York money manager Bernard Madoff. [Bloomberg]
- A report from the National Endowment for the Arts indicates vulnerability for new theatrical organizations. [Associated Press]






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