Matched Funding for Arts Orgs Returns
Tuesday, 21st July 2015 at 10:24 am
Creative Partnerships Australia’s matched funding program for arts organisations, Plus1, is set to deliver more than $1.2 million to the arts sector in dollar-for-dollar matched funding for 2015/16.
Through Plus1, arts organisations receive matched funding for fundraising campaigns that support a project or activity of their choice.
CEO Fiona Menzies said since Australia’s first national matched funding program for arts launched in 2013, the program has provided around $4.4 million in matched funding to 139 organisations around Australia, generating more than $9 million in funding that has been invested directly into the sector.
“Plus1 presents a significant opportunity for arts and cultural organisations to leverage new private sector support from donors,” she said.
“Past program results indicate that for every $1 provided in matched funding through Plus1, organisations raised an average of $1.22 in private sector support. And every organisation that launched a Plus1 campaign in 2014/15 succeeded in reaching their target.”
Menzies said for Plus1 2015/16, successful recipients will share in more than $1.2 million in dollar-for-dollar matched funding, capped at $50,000 per project.
Examples of eligible projects or activities that could be supported through Plus1 include creating and presenting new artistic work, initiatives such as an education program or scholarship opportunity, employment of new staff, fundraising support expenses, technology improvements and core operational support.
“Successful participants will have around 8 months to run their campaigns, giving them plenty of time to implement a successful fundraising strategy, engage new donors and reach their fundraising targets,” Menzies said.
Plus1 has supported organisations around Australia to leverage funding from donors including Back to Back Theatre, Perth Institute of Contemporary Arts (PICA), Girls from Oz, Junction Arts and Open House Melbourne, among others.
Applications to Creative Partnerships Australia close 28 August.
Creative Partnerships Australia is supported by the Federal Government through the Cultural Development Program of the Ministry for the Arts, Attorney-General’s Department.