Over $110 million has been raised for the NYC COVID-19 Response and Impact Fund over the past few months, which is being distributed in a series of grants and loans to hundreds of theatre companies and performing arts organizations across the city. The aid arrives during an unparalleled need for financial support after the coronavirus pandemic led to a ban on mass gatherings since early March. Grants totaling $73,098,950 will go to 754 non-profits (380 of which are arts and culture organizations), with the amounts ranging from $5,000 to $250,000. For loans, $35,490,000 has been offered to 43 nonprofits, with $2 million to be decided upon for allocation in August. Loans range from $100,000 to $3,000,000.
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Dan Meyer, "Apollo Theater, Second Stage, La MaMa, Hundreds More Receive Relief Aid From the NYC COVID-19 Response and Impact Fund," Playbill, July 29, 2020.