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Grants Contributions Fiscal Sponsorship Thinking outside the box With Jenni Rebecca Stephenson, Fresh Arts.

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Presentation on theme: "Grants Contributions Fiscal Sponsorship Thinking outside the box With Jenni Rebecca Stephenson, Fresh Arts."— Presentation transcript:

1 Grants Contributions Fiscal Sponsorship Thinking outside the box With Jenni Rebecca Stephenson, Fresh Arts

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3 Local funding opportunities Fiscal Sponsorship Contributions Crowd funding It won’t solve all your problems, and it won’t dive too deep into the How To’s… Fresh Arts hosts workshops covering those details. We encourage you to check them out!

4 Grants usually come from private foundations or from governmental agencies. (Direct) OR from contracted organizations who function as a gateway for other (often governmental) funding- i.e. Houston Arts Alliance. (Indirect) *There is usually more indirect support available for individual artists than direct.

5 Local All disciplines: Idea Fund Houston Arts Alliance Individual Artist Grant For visual artists: Hunting Prize The Big Show Artadia Fund For writers: Poets & Writers NANO Prize Barthelme Prize For musicians: Ima Hogg Competition Local, State & National Funders Houston Arts Alliance Texas Commission on the Arts National Endowment for the Arts Foundation for Contemporary Arts Creative Capital Map Fund Mid-America Arts Alliance National Dance Project United States Artists.org (Artists must be nominated) Puffin Foundation The Awesome Foundation for the Arts and Sciences

6  The City of Houston is one of the only cities in the country that offer grants to individual artists. They do this through their partnership with the Houston Arts Alliance with funds generated by the Hotel Occupancy Tax.  Understanding the guidelines is very important– like the tourism component. 22 individual artists totaling $185,000 in funding.  This last grant cycle, HAA made grants to 22 individual artists totaling $185,000 in funding.  The next anticipated grant period for IAG funding is in Spring Guidelines being tweaked now, so make sure to attend any workshops that are offered.  The program’s goal moving forward is to increase awareness of the program, with the anticipation of funding between 35 and 50% of applications.

7 There are MANY clearing houses for grant information  Pro?  Pro? They weed out the less desirable opportunities.  Con?  Con? Their information can be incorrect or outdated. A few examples: Mira’s List Glasstire Classifieds Fresh Arts’ Field Guide (artistfieldguide.org) ArtDeadlinesList.com ArtandArtDeadlines.com NYFA Source (NYFA.org)

8  Are you searching for a grant to fund a specific project you already have in mind? (Is it time- sensitive?)  Are you open to the project parameters dictated by the funder? Grant cycles can be as long as 1-2 years ahead.

9 GRANT TERM: March 1, 2012–December 31, 2012 Dec 2011: Application & Materials Due Dec 2011: Application & Materials Due Feb 2012: Project/Fellowship Panel Review Feb 2012: Project/Fellowship Panel Review March 2012: Award Notification March 2012: Award Notification March 2012: Contract, Artist W-9 & Venue Confirmation Due March 2012: Contract, Artist W-9 & Venue Confirmation Due March 2012: 1 st Payment March 2012: 1 st Payment June 2012: 2nd Progress Report (2 nd Payment) June 2012: 2nd Progress Report (2 nd Payment) Sept 2012: 3rd Quarter Progress Report Due (3 rd Payment) Sept 2012: 3rd Quarter Progress Report Due (3 rd Payment) Feb 2013: Final Report Due (Final Payment) Feb 2013: Final Report Due (Final Payment)

10 Keep in mind that frequently funding is received AFTER the project is completed, which means the up-front investment (materials, etc.) is YOUR responsibility.

11  Obtain a contact person for funding sources  Develop a relationship with funder & contact them in ways they prefer: Don’t know? Ask!  Review previously funded projects (Have they already funded a project EXACTLY like yours?)  Some funders post previously funded proposals!

12  Grant Space (The Foundation Center)  Fresh Arts (Spacetaker) Artist Resource Library  Fresh Arts’ ARC Workshops: Crafting Project Descriptions for Artists (Oct 23 6pm) Crafting Project Descriptions for Artists (Oct 23 6pm) Grant Proposal Clinic (Date TBD) Grant Proposal Clinic (Date TBD)

13 This is HUGE for individual artists! Pay careful attention to requirements:  Some won’t fund degree-seeking artists.  Some won’t fund “interpretive” artists.  Some fund only specific aspects of projects.  Some require 501(c)3 status…

14 …is one option. Definition (from Wikipedia): “…the practice of non-profit organizations offering their legal and tax-exempt status to groups engaged in activities related to the organization's missions; typically involving a fee-based contractual arrangement between a project and an established non-profit.”

15  Fractured Atlas  The Field  NYFA (New York Foundation for the Arts) / Artspire * Be careful here! Some (not all) funders want fiscal sponsor in same state as the granting institution.

16  Most sponsorship applications require resume, project description, budget, work samples  Fiscally sponsored projects must have “charitable” component  All contributions filtered through your fiscal sponsor (Usually 7-10 day turnaround.)  To apply for grants, you either apply individually (with a letter of affiliation) or through a special grant system set up by the fiscal sponsor

17 Annual Fees (Membership) % of Donations Taken Ease of Use TaxationGrantsBenefits The Field $ % after $10,000 Easy: Detailed P&L, but no receipts (artist paid directly) 1099 to artist No minimum Pro development & services in NYC/Review appeal letters & proposals Fractured Atlas $956% Detailed P&L; receipts required 1099 to artist Must raise $1,000 to apply / customized portals Pro dev online; Limited fundraising assistance; Access to health & liability insurance NYFA(Artspi re) $100 (if accepted)8% flat fee Detailed P&L; receipts required 1099 to artist No minimum Free proposal review

18  Access to grants/services designed for the individual artist (particularly The Field/Fractured Atlas)  A degree of legitimacy (depending on the fiscal sponsor)  Ability to apply for more grants TAX DEDUCTION  A TAX DEDUCTION for your contributors

19 Ars Lyrica

20 RELATIONSHIPS Fundraising, whether for a nonprofit or for yourself, is about RELATIONSHIPS. Start with your friends. Your friends, family, and colleagues are the foundation for a support network. Their support can also be used to leverage OTHER funds.

21  Photographer David Brown raised $8,000 to fund his trip to France for Lens Culture FotoFest Paris to meet with curators & photo editors  Local band Two Star Symphony raised over $7,000 to fund studio time to record the score for their collaboration with Dominic Walsh Dance Theatre  Collaborative of artists (including Houston’s Troy Stanley & Amberry Jam) raised just under $10,000 to build a temporary sculpture at Burning Man All almost entirely from individual contributions!

22  Money was raised for a very specific purpose  All are generally regarded as creating new, innovative work  All have received significant press coverage  All parties went above and beyond a simple appeal & leveraged existing relationships  2-3 projects leveraged crowd-funding tools

23 From Glasstire: Prompt: A New Hope-- Kickstarter! It's great. Artist as entrepreneur. (65% of vote) It's great. Artist as entrepreneur. (65% of vote) It's digital panhandling. (25% of vote) It's digital panhandling. (25% of vote) Vox populi, vox dei. (5% of vote) Vox populi, vox dei. (5% of vote) To boldly fund where nobody has funded before!(5% of vote) To boldly fund where nobody has funded before!(5% of vote)

24 Crowdfunding Popular Options:  Kickstarter  IndieGoGo  Crowdrise Crowdsourcing is less direct & can make the artist/donor relationship more comfortable.

25  Showcases the campaign in a public forum  Expresses the fundraising need  Presents the fundraising goal  Aggregates & showcases fundraising activity  Incorporates social media, allowing donors to engage with & share your fundraising message

26  All campaign info lives on crowdsourcing site  You design giving levels & corresponding “perks” for donations  All donations, receipts & campaign updates filtered through site  Crowdfunding site retains a portion of the proceeds (% to site, % to any 3 rd party processors, etc.)  Funds disbursed after campaign is completed to your Paypal or bank account

27 % of donationBenefit for givingIf you fail… Kickstarter 5% (plus CC fees)Agreement b/w artist & funder All $ returned to funders IndieGoGo 4% if goal met; 9% if goal NOT met Tax deduction* + Artist/funder agreement % of funds retained * Tax deduction available if a campaign is tied to a fiscal sponsor, like Fractured Atlas.

28  Patrons want to know the scope & specifics of the project.  Visuals and examples speak volumes.  A defined project and goal is both actionable and attainable.  Remember: Crowdfunding sites are only a tool… all fundraising rules still apply

29 Leverage a successful campaign into a consistent strategy to cultivate an ongoing network of supporters and advocates. And remember, whether it be grants or donations, consistency & persistence are KEY. Keep trying!

30 This is a truncated version of Fresh Arts’ popular workshop: Funding Strategies for Individual Artists. For more details, come see us at the Artist Resource Center!


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