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Making the Case: Using a Living and Historic Cultural Universe Big Data System as a Knowledge-Based Foundation for Sustaining and Recapitalizing the Cultural Sector
Authors:Louise K. Stevens
Affiliation:1. ArtsMarket, Inc., Bozeman, Montanalstevens@artsmarket.com
Abstract:The cultural sector needs information to support recapitalization efforts. However the majority of existing studies all point to a knowledge gap within the sector: how to evaluate the amount of capital that can be raised. Through big data, we now have the ability to understand the “universe” of support to the cultural sector. In a test employing over two million data cells from 2007 onward for cultural organizations in Charlotte, North Carolina, the author has found evident patterns and predictors for sector support as a foundation for recapitalization, making the case for big data.
Keywords:big data  cultural universe  fundraising  market analysis  recapitalization  united arts fund
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