2. Arts Management and Funding

3. It’s complicated There are many ways to fund a production /performance/company It depends on how large/complicated your company is. The different types of projects you produce It depends on your status

4. Publically funded includes Arts centres- -- National theatre - Festival hall The royal ballet -- Royal Shakespeare Company Regional theatres- Large, middle and small scale touring companies of dance or drama or music TV and Film --- Orchestras Sometimes called The entertainment Industry Commercial includes West end productions musicals /plays Cabaret – Night clubs Casinos Hotels - Cruise ships - Recording industry -TV and Film The performing arts Has two components THE COMMERCIAL THE PUBLICALLY funded Cultural industries General term used to describe arts crafts, design media, entertainment, tourism, and publishing

5. vocabulary Capital funding Buying equipment ( cameras, lights, staging) – building – car/van etc that will support your project or organisation in the long term Revenue funding Running costs – wages – rent – heating – insurance Project funding Specific finance needed for a fixed term project Asset A resource with economic value that a company owns or controls with the expectation that it will provide future benefit.

6. Raising Money Commercially Producers raises the money to put on the show in commercial theatre from their own funds Through bank loans Through investment from individuals or companies Venture capitalists

7. Commercial Income Ticket sales Merchandise – DVD – CD – T shirts etc Programme sales Any TV or public performances

8. Publically Funded Sponsorship Donations Grants from the following Arts Council Local council Lottery Trusts and charities

9. Income A charity /not for profit company can also raise money from the following: Ticket sales Merchandise – DVD – CD – T shirts etc Programme sales Any TV or Public Performances

11. Where /to whom can you apply for funding

12. Major Funding Agencies

13. Arts Council This is a government and lottery funded organisation It is one of the major sources of funding for the arts www.artscouncil.org.uk/funding

14. Funding Sources City Councils – Most local councils will give support to the arts activities in their city or county Department for Culture Media and Sport www.culture.gov.ukwww.culture.gov.uk Support the development of sport, art and culture to improve the quality of life.

15. European Union Funds http://ec.europa.eu/culture/index_en.htm There are many funding opportunities but they are mostly for large transnational projects

16. Other Funding Sources You can apply to trusts – who have usually been set up to give money to charities /Not for Profit organisation They get their money from donations and members who raise money They are often set up to support specific areas of work –e.g. young people – prisoners – ex-offenders older adults - people with disabilities

17. Trusts ·National Foundation for Youth Music distributes lottery money to music based arts projects working with young people from birth to 25 years of age Jerwood Charitable Foundation provides funding for a wide range of arts based activities from circuses to literature Paul Hamlyn Foundation funds arts projects that address issues of inequality and disadvantage, particularly in relation to young people Esmée Fairbairn Foundation funds arts projects which “serve audiences” and “support artists” Clore Duffield Foundation has an emphasis on supporting children, young people and vulnerable individuals Calouste Gulbenkian Foundation supports the development of new art- making in any art form Baring Foundation provides funding for arts based programmes; guidelines for each year’s grant-making appear on its website

18. Visit the websites of some major contributors: Arts & Business (A&B) helps business people to support the arts and the arts to inspire business peopleArts & Business The Jerwood Charitable Foundation gives funding and sponsorship mainly to the visual and performing arts and to literatureThe Jerwood Charitable Foundation The Paul Hamlyn Foundation has three priority areas of funding: the arts in the UK, education in the UK, and overseas projects that are concentrated in IndiaThe Paul Hamlyn Foundation Esmée Fairbairn Foundation makes grants to organisations which aim to improve quality of life for people and communities in the UK, both now and in future Esmée Fairbairn Foundation The Clore Duffield Foundation concentrates its support on the arts and education, particularly performing arts education, museum and gallery education and cultural leadership trainingThe Clore Duffield Foundation The Calouste Gulbenkian Foundation supports pioneering developments in the fields of Arts, Education, Social Change and Anglo-Portuguese Cultural RelationsThe Calouste Gulbenkian Foundation The Santander Foundation was set up in 1990 to provide a focus for activities with the voluntary sectorThe Santander Foundation SANE is a leading UK charity that improves the lives of people affected by mental illnessSANE Youth Music supports music-making activities and provides opportunities for 0-18 year olds who would otherwise not get the chanceYouth Music

19. Small Local Grants Lottery --Awards for All –Heritage Lottery £500 up to £10,000 ( any arts activities need to be part of a partnership) local groups can apply for small amounts of money for community enhancement projects – there can be an arts element as part of the activity - e.g. the youth club grant could include a series of drama workshops or Community centre activities grant may include a photography or performance for families

20. Local Sheffield Trusts Sheffield Town Trust South Yorkshire Community Foundation – Neighbourhood renewal funds ( European money) South Yorkshire Community Foundation Arts and Business provide training and business support Global Grants Off The Shelf Festival

21. Making Partnerships Creating work with or for organisations such as local hospital – e.g. artwork for the wards – music and story telling for children Reminiscence work with the elderly Partnerships – with local probation service as you have created some workshops – performances for young offenders and would like their support

22. Sponsorship They can be straight donations or advertising in a programme – on any publicity – product placement They may be Local or National from large or small organisations Individuals Local business

23. Review -- Identifying potential funders Government organisations that support the arts The Arts Council -- Local council - The Lottery European union – Heritage lottery Trusts and charities e.g. Clore Duffield Foundation Local Community Trusts South Yorkshire Community Fund Relevant Partnership Police – HIV Centre – Health Service Sponsorship Local Business – large companies e.g HSBC - Barclays

24. Grant Applications They are difficult and require patience and tenacity Attention to detail – you must read carefully the criteria for the application and what information they require How you need to present that information Be prepared to be monitored and evaluated Write regular reports Keep rigorous financial accounts

25. Accounts /Budgets Any organisation that accepts public or charitable money must keep accounts A budget – usually has two columns Expenditure Income In order to stay a viable company you need to make sure you do not have more expenditure than income