“Perfect Storm” of Fiscal Stress Hits Nonprofits

June 29, 2009 — Eighty percent of nonprofit organizations are experiencing fiscal stress according to a survey released today by Johns Hopkins University, and close to 40 percent of them reported that this stress was “severe” or “very severe.” Theaters and orchestras were particularly hard hit, with nearly 75 percent of the former and half of the latter reporting “severe” or “very severe” stress.