Brazil's Leading Arts Financing Group Shares the Wealth | Florida Statesman

Brazil's Leading Arts Financing Group Shares the Wealth

International Herald Tribune Tuesday 27th March, 2012

SÃO PAULO, Brazil - All over the world cultural organizations are tightening their budgets and paring back productions. But Danilo Miranda faces a different challenge, one that makes him the envy of his peers. As the director of the leading arts financing entity in Brazil, his budget is growing by 10 percent or more annually, and he must figure out ways to spend that bounty, which amounts to $600 million a year.

Standing at the window of his office here one afternoon late last year, Mr Miranda pointed to one of his group's most ambitious initiatives.

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