The world is set to be awash in money this year, with the World Ballet Competition, the National Ballet of India, the Royal Ballet Theatre and others receiving millions in grants.
But not all the money is being spent on students, according to the Foundation for Independent Living.
That’s because of the $300 million in funding cuts, it said in a report released last week.
And if you don’t have enough money to go around, you can’t perform.
In the UK, for instance, there are a few high-profile artists that have had to turn down lucrative offers of funding, including The Kinks and the Pogues.
In the US, the United States Ballet and the National Symphony Orchestra have had their grants cut.
And in the US alone, there’s been an 8% cut in the National Endowment for the Arts (NEA) budget for 2018-2019.
It’s a dramatic reduction in funding for the arts, with more than 70% of funding going to universities, arts organisations and other public institutions.
The biggest impact, according the Foundation, is on those students who can’t afford to attend university, which means many will struggle to make ends meet.
The US, Australia and Canada also saw big cuts.
In Canada, funding for arts and culture increased from $5 billion to $12 billion, according TOEFL data.
The UK’s National Theatre had a significant cut to its budget from £1.7 billion to £1 billion.
The Royal Balochistan National Theatre also had to make cuts from £3.6 billion to the £2.5 billion it received in funding from the Arts Council.
In the US the National Institute of Theatre and Performance funding decreased from $6.4 billion to just $4.5 million.
In Canada, the Arts Education Fund (AEF) and the Canadian Centre for the Performing Arts (CCPA) also had funding cut.
In both cases, they were allocated $3.2 billion.
However, a spokesperson for the Canadian Federation of Students (CFSA), which represents the country’s most senior colleges, said the cuts are “good news” and the organization is working hard to get more funding for students.
“We are very pleased with the funding announcements that have been made, and we look forward to seeing how these funding announcements will impact our students and the students in our classrooms,” the spokesperson told CBC News.
“It’s encouraging to see that there are new investment opportunities for the student body and the arts sector, particularly in the areas of education, research and teaching.”
The funding announcements we’ve seen from universities and arts organisations are encouraging.
And we look for more opportunities for funding for our students, our faculty and the broader community.
“According to the Federation, arts funding will be around $7 billion in 2020-21, up from $3 billion in 2019-20.