As Occupy Wall Street protests spread over the perceived inequities between the very wealthy and the "other 99 percent" a new study on American arts funding makes a similar point. Its finds that billions of dollars in arts funding serve a mostly wealthy, white and shrinking audience. Meanwhile, only a small chunk of money goes to emerging arts groups that serve poorer communities that are more ethnically diverse. But is this the full picture? And if so, what – if anything – should be done about it?