The Overlooked Anchors: Advancing a New Standard of Practice for Arts and Culture Organizations to Create Equitable Opportunity in America's Cities

The Overlooked Anchors: Advancing a New Standard of Practice for Arts and Culture Organizations to Create Equitable Opportunity in America's Cities

A report from the Initiative for a Competitive Inner City and the Kresge Foundation offers a collaborative framework through which arts and culture organizations can serve as effective anchor institutions and help increase social and economic opportunity in under- and disinvested communities. Based on an assessment of anchor strategies pursued by a hundred and twenty-five organizations in fifty-seven cities, the report, The Overlooked Anchors: Advancing a New Standard of Practice for Arts and Culture Organizations to Create Equitable Opportunity in America's Cities (61 pages, PDF), outlines community development strategies not only for hospitals, universities, and corporations but also arts groups and institutions, with a focus on their role in strengthening communities. The ICIC framework includes seven functions: increasing employment, supporting workforce development, stimulating growth of related businesses and institutions, building local community capacity, providing core products and services tailored to the community, developing real estate for local economic growth, and purchasing products and services from local businesses. Recognizing that multiple factors drive anchor engagement — including awareness, self-interest, funding, infrastructure, and leadership — the report calls on arts and cultural groups to raise awareness of the role they play in community development across the sector; align the interests and goals of board members and leadership; and build organizational capacity to drive inclusive, equitable growth.

FEATURED CONNECTIONS