Arts managers ask us – why hold money in an endowment, where we only receive income and can never access the invested capital ? Investment returns have fallen and I’m not sure I can count on receiving income. Capital Funds Capital funds, whether endowed (income only and capital is invested in […]
Considerations for Creating Capital and Endowed Funds Read More »
Former Ontario Arts Foundation Executive Director Janet Stubbs was honored at The Opera Canada Awards (The Rubies) on Oct. 16 in Toronto, along with Gerald Finley and Michael McMahon in recognition of her outstanding achievements on stage and behind the scenes. Established in 1999, the Opera Canada Awards celebrate excellence on the stage and behind the scenes by recognizing individual achievements on
Janet Stubbs wins Opera Canada Ruby Award! Read More »
Niagara on the Lake – October 12, 2012 – Nominations for the second annual Gina Wilkinson Prize for an Emerging Female Director will open October 15, 2012. The Gina Wilkinson Prize pays tribute to Canadian actor, playwright and director Gina Wilkinson and her unyielding dedication, vision and indomitable spirit that imbued her work and her life. The prize is
Nominations for second annual Gina Wilkinson Prize now being accepted Read More »
The last four years have adversely affected the ability of many arts organizations to raise funds and plan future arts programs: investment returns have been volatile, market declines impacted donations of securities, government funding is more variable and audience levels declined (and have not yet returned to pre-recession levels for much of the sector). Managing
Financial Management in the New Economic Reality Read More »
A very readable report on the role of culture in a select group of cities across the world was recently published by the City of London. The paper World Cities Culture Report 2012 is a detailed analysis of a select group of world capitals, with a goal of demonstrating the role culture plays in urban
World Cities Culture Report 2012 Read More »
The deadline to apply for matching funds from the Canadian Heritage Endowment Incentives Component of the Canada Cultural Investment Fund is fast approaching. The program encourages donors to contribute to endowment funds supporting professional arts organizations. The Endowment Incentives Component of the Canada Cultural Investment Fund is a program of the Department of Canadian Heritage
Since joining the OAF two years ago, I’ve constantly been impressed with how creative and entrepreneurial arts organizations are in managing sometimes ‘scarce’ resources as they deliver creative and outstanding programs. Culture Professionals Network The Guardian in the UK publishes an interesting blog: Culture Professionals Network . A recent update (13/08/12) describes how UK
Arts and Business Exploring Collaboration “In Kind” Read More »
Donors and supporters of arts organizations should be aware of the benefits of matching programs. It can be surprising how often your supporters aren’t aware of, or don’t take advantage of the corporate matching donation programs offered by their employer. This is a charitable giving program where the business matches donations made by employees (typically
Canadian tax laws are structured to encourage philanthropy, and for many donors, an outright gift of cash is simple and most attractive. Our tax laws offer significant benefits to donations of securities to a registered charity and it is surprising that donors are not as familiar with the benefits of this approach. If you are
The Benefits of Security Donations Read More »
Most if not all, arts organizations are able to articulate the intangible, cultural benefits of their arts programs to their community and to society. Defining the economic impact, particularly when seeking funding, can be a tougher task. Arts and cultural organizations achieve much more than their specific art form. Arts programming contributes to a community
The Economic Impact of Arts and Culture Read More »
