Tuesday 20 March 2007

New and Alternative Financial Instruments

Read Margaret Bolton and David Carrington's innovative new report on forms of financing within arts and culture here.

"This report considers methods of financing arts and cultural organisations which extend beyond the mainstays of contributed income including grants, ticket sales and other earned income. This is not because alternative methods can replace reduced contributed income or compensate for declining earned income for example, from box office but because they can complement them. And by complementing them, they can help arts and cultural organisations become more sustainable and better able to take creative risks."

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The Art of Living

Read John Knell's new provocation paper for Mission Models Money here.

"The fact that a doubling of government funding and healthy increases in other contributed income to the sector has helped produce better outcomes is hardly a revelation. The more worrying trend of the last ten years has been the entrenched accommodation of the arts and cultural sector to the dysfunctional funding ecology that sustains it."

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