“The recession is hitting Puget Sound arts and cultural organizations hard, calling for bold steps to manage through the crisis, a study of local arts groups found. Endowments and contributions are down anywhere from 5 to 50 percent. Corporate contributions have fallen 20 to 50 percent overall, and in several cases dropped completely. … While some organizations are actively addressing the crisis, others are responding more cautiously and still others ‘seem to be in denial,’ the report said.”