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Leslie Matamoros

Center for the Future of Museums: Introducing TrendsWatch: Your Digest of the Future - 0 views

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    AAM, TrendsWatch, Center for the Future of Museums, Museums, Trends, 2012, Dispatches from the Future of Museums, Annual Report, Scanning, Crowdsourcing, Non Profit Status, Funding, Aging, Education
Ruth Cuadra

The top 10 emerging technologies of 2016 - 1 views

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    The World Economic Forum's annual list of this year's breakthrough technologies, published today, includes "socially aware" open AI. As technology for AI assistants expands, imagine that you could walk up to a display in a museum and ask a custom AI assistant any question you like about what you are seeing. Siri and Cortana and Google Assistant and Amazon Echo try to answer questions on all topics, but what if museums and other organizations could build their own add-on packs for their sphere of knowledge? The Getty, for example, would prepare answers to every question they've ever heard about "Statue of a Victorious Youth" and museum visitors (or maybe anybody in the world) could use the add-on pack to find out what they want to know.
Elizabeth Merritt

Biden 'Billionaire' Tax Proposal Could Spur Changes in How the Wealthiest Give - 0 views

  • The change also could trigger a short-term burst of giving by donors who benefit from today’s tax rules and want to take advantage of them before the changes take effect
  • Another way the proposal could spur more giving is that is that some wealthy people might want to give enough away to stay under the $100 million annual threshold,
  • people would be less likely to hold on to their assets if they have to pay taxes every year on the increase in value.
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  • he wealthiest people often have extremely complicated, long-standing financial arrangements, including philanthropic planning that could negate any benefits for donating more under a billionaire’s tax.
  • Owens also noted that current tax law caps charitable deductions at 60 percent of adjusted gross income. If that provision remains in effect, wealthy people who hit that cap even before a billionaire tax is imposed may see no tax benefit from additional giving,
  • Economists who study taxes on the ultra wealthy say they think people overestimate the impact of new taxes on charitable giving.
  • “Sometimes people get the false impression that philanthropy actually is a roundabout way to save money on taxes that exceeds the cost of the gift, and that just isn’t true,” says Duquette. “If you give your money away, then even if you do get some tax benefits, you still have less wealth than you did when you started, so that’s not really a reason why philanthropists do philanthropy.”
Elizabeth Merritt

Majority of U.S. Workers Changing Jobs Are Seeing Real Wage Gains | Pew Research Center - 0 views

  • From April 2021 to March 2022, a period in which quit rates reached post-pandemic highs, the majority of workers switching jobs (60%) saw an increase in their real earnings over the same month the previous year.
  • 2.5% of workers – about 4 million – switched jobs on average each month from January to March 2022. This share translates into an annual turnover of 30% of workers – nearly 50 million – if it is assumed that no workers change jobs more than once a year. It is higher than in 2021, when 2.3% of workers switched employers each month, on average. About a third (34%) of workers who left a job from January to March 2022 – either voluntarily or involuntarily – were with a new employer the following month.
  • rom April 2020 to March 2021, some 51% of job switchers saw an increase in real earnings over the same months the previous year. On the other hand, among workers who did not change employers, the share reporting an increase in real earnings decreased from 54% over the 2020-21 period to 47% over the 2021-22 period. Put another way, the median worker who changed employers saw real gains in earnings in both periods, while the median worker who stayed in place saw a loss during the April 2021 to March 2022 period.
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  • A new Pew Research Center survey finds that about one-in-five workers (22%) say they are very or somewhat likely to look for a new job in the next six months
  • those who describe their personal financial situation as only fair or poor are about twice as likely as those who say their finances are excellent or good to say they’d consider making a job change (29% vs. 15%).
  • About half of job switchers also change their industry or occupation in a typical month, but this share has not changed since 2019. Women who leave a job are more likely than men who leave a job to take a break from the labor force, and men with children at home are least likely to do the same.
Elizabeth Merritt

The great tax escape that is America's nonprofit sector | FT Alphaville - 2 views

    • Elizabeth Merritt
       
      Philip Hackney, @EOTaxProf, notes "same orgs were exempt back in 1862 when first income tax was enacted"
  • it turns out that the way the wealthy decide how to distribute cash is often even less fair than the way the state decides how to spend it.
  • More than half of the highly conspicuous donations of the ultra-rich were injected directly into the endowments of their already rich alma maters. Much of the rest was given to hushed museums in the form of very expensive donated art, or to other places that rich old people tend to congregate, like cultural arts centers and high-end hospitals. In other words, the funds the rich were giving went largely to institutions that tended to the needs and prerogatives of the rich and privileged.
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  • DAFs were being used to sidestep rules that require foundations to make annual donations to charities.
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