The Contemporary Dayton, a downtown art gallery, has implemented a new financial plan and is seeking a new executive director. The organization has reduced expenses by approximately $500,000 over five years through a strategic partnership, strengthening its financial foundation and allowing greater investment in artists, exhibitions, public programs, and community engagement. The Co, originally the Dayton Visual Arts Center, has championed local and regional artists for 35 years but faced financial challenges post-pandemic. The board president acknowledges the need for intentional communication and a strategic approach to development, focusing on partnerships and community impact. The organization's expenses have increased significantly, leading to a loss in fiscal year 2024. However, a major donor's support has addressed significant operating expenses and established a foundation for an endowment. The Co's budget for 2026-2027 shows a net positive, with a focus on fundraising and a solid rainy day fund. The organization has also expanded its leadership capacity and board engagement. The executive director, Eva Buttacavoli, is stepping down after 15 years to expand her art appraisal practice, leaving a positive legacy. The Co's curator, Heather Jones, will take over during the transition, ensuring contemporary art remains accessible and vital in the community.
