London's ICA staff members have been told that a financial deficit currently at around £600,000 ($967,000) might rise to £1.2m ($1.9 million) and if radical steps are not taken the ICA could be closed by May. According to the ICA director, without a wholesale restructuring, the ICA could be the first major British cultural organisation to fall victim to the recession. Via The Guardian.
Saturday, January 23, 2010
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