Author: Hansmann, Henry B.

Publication Year: 1979

Media Type: Report

Summary:

Abstract:

This paper explores the reasons for the current dominance of the nonprofit form in the high-culture performing arts, and concludes that this development is a response to the need for price discrimination in that sector. The paper develops a model of a nonprofit performing arts organization based on this analysis, and employs the model to explore, first, the consequences to be expected if such an organization adopts any of various plausible objective functions, and second, the circumstances in which subsidies to such an organization are justified and the way in which such subsidies should be structured. (Author's abstract)

Arts & Intersections:

Categories: Performing Arts Organizations, Organizational Planning