Private funding reaches new peak.

The article reports that in Great Britain, support for the arts from business and private individuals in 2005 and 2006 increased to a historic high. This finding is based on a report "Private Investment in the Arts" from a survey conducted by Arts and Business. The report found that the culture sector faces a more competitive funding landscape, that individual giving can become the single most important source of funding, and that too many cultural organizations rely on one source of funding to support their income.