Now 29-years-old, the downtown arts institution Dance New Amsterdam (DNA) faces the very real fate of having to close its doors by this Sunday, September 1.
This vital organization offers over 150 classes each week in many a dance style, studio space rentals, and public performances. Founder Lynn Simonson, along with four other choreographers (Laurie De Vito, Michael Geiger, Danny Pepitone, and Charles Wright), originally created DNA as an inclusive space for dance, welcoming beginners to seasoned professionals. Following the September 11th attacks, DNA became the first arts organization to move downtown, where it has since remained and created a growing community of dancers, artists, and new audiences.
In their update on bankruptcy and closure status, DNA shared Executive/Artistic Director Catherine A. Peila's announcement stating that, "without this initial infusion of cash from either an outside individual or entity, DNA will have to seek bankruptcy court approval to wind-down its affairs. With a cash infusion of $50,000, DNA will have the opportunity to continue working with its legal team from Debevoise & Plimpton and its financial advisers from Alvarez and Marsal to develop a viable long-term business plan that is acceptable to DNA’s key creditor constituents, strategic partners, and the community, who have to date supported DNA’s efforts to reorganize in hopes that this important performing arts space and dance organization could emerge and continue to ensure that the tens of thousands of national and international artists and local community members have a home."
New York has been, and continues to be, a cultural hub spilling over with artists who need and appreciate places like DNA on a daily basis. There is still an opportunity to help - DNA needs to raise $50,000 by the close of business tomorrow, Friday, August 30. Donate today by clicking here.