To Support and advance the interest of the Arts of Children in the Central Ohio Area.…
1. Certain core services are provided by most general purpose governments – those related to the protection of life and property, public works, parks and recreation facilities, and cultural and social services. Governments must also incur costs for general administrative support of its service departments. Core governmental services, together with general administrative support, comprise the major part of what GASB refers to as governmental activities. The measurement focus and basis of accounting for these activities is on the flow of current financial resources on the modified accrual basis in the governmental funds and on the flow of economic resources on the accrual basis in the Governmental Activities column of the government-wide financial statements.…
The funding can be gained through government grants or a government bond that could pay for the development of the parking garage and the walkway just like they did when the fine arts center was built in 1990. Other ways to get the funds needed for this improvement is to incorporate fundraisers and/or take donations. Getting the community involved is another way to generate funding through an auction or a dinner. With the improvements to the parking situation this will also help students from getting distracted from parking jams and to make sure they stay focused on homework or tests. The goal is for the college students to continue striving to succeed in their dream of becoming doctors, lawyers, teachers, or the next…
Political- The theatre is subsidized by the public purse in the form of local authorities and the arts council (Arts council, 2010). However, funding is under continual pressure after cuts made to the arts budget by the coalition government (Mintel, 2012). This has been evident since 2008 where the arts council of England stopped funding of the theatre meaning it is only supported by Winchester City Council, Hampshire city council, sponsors and friends of Theatre Royal Winchester (Burn, 2008), for example, sponsorship from the Hampshire Chronicle and wave FM (Theatre Royal Winchester, 2012). This could have an impact on the Theatre industry as it may mean they are forced to take a more commercial approach and lead to increased prices to ensure that they stay afloat. A recent 2012 survey on local authority arts spending by Arts Development UK has revealed there is a decline in partnership work between Arts Councils and local authorities. Also, 47 local authority arts services have closed since 2003 and average expenditure on the arts is 16% down on 2010 and 38% down since 2008 and 15% of local authorities in England and Wales have lost their arts services since 2000. The outlook is also looking bleak as Chief Cultural and Leisure Officers Association reveals a planned 15% cut to arts services for 2012-13. The local Government Association is warning that unless central government policy changes, local funding for arts in England and Wales will have practically disappeared by 2020. The distribution of Arts Council funding across the English regions reveals a considerable imbalance: London gets over 50%, Midlands 12% and South East only 4% (2010-11 figures) (Gillet, 2013).…
“A business is any activity that provides goods and services is a effort to earn a profit”. (KELLY & MCGOWAN 2012). Profit is the main motivation to start a business. A nonprofit business is a “business like establishment that employ people and produce goods and services with the fundamental goal of contributing to the community rather then generating financial gain”. (KELLY & MCGOWAN 2012). Nonprofits are in the business of doing good. The may or may not earn a profit. Any profit earned must roll over the next fiscal year.…
A: ArtVan is dependent on funding from foundations and donations to keep the programs at low cost and high quality. Around 80% of the funding comes from foundations, 15% from local businesses, and 5% from individuals. In addition to foundations and donations, ArtVan organizes fundraisers throughout their communities such as ArtBars and Chocolate Bars in the fall/winter/spring, small ongoing fundraisers throughout the year, restaurant fundraisers in the fall, and art walks during the summer. In recent years, ArtVan has received significant donations from the following foundations: Bates Carignan Fund, Baldwin Foundation, Bowdoin College Common Good Grant, City of Biddeford Community…
Non-profit organizations, also known as 501(c) (3) organizations, uses their revenues to accomplish their mission statement, rather than making profit out of it. 501(c) (3) organizations are organizations that earned the tax-exempt status. There are many different types of nonprofits. It varies from clubs to charities, locally and globally. Nonprofits can either be member-serving or community-serving. "Non-profit organizations include churches, public schools, public charities, public clinics and hospitals, political organizations, legal aid societies, `volunteer services organizations, labor unions, professional associations, research institutes, museums, and some governmental agencies." (Cornell). There are also many successful and well-known…
8. FThe Financial Accounting Standards Advisory Board’s standards do not apply to the federal Department of Treasury.…
Established in 1965 by Congress, the National Endowment for the Arts was created in order to promote education in the arts and celebrate the cultural diversity of American heritage with equal access to all citizens. Throughout its years, the NEA has hadgiven many fellowships withto deserving artists, and presented pieces, whether musical or artistic, to cities across the country. Yyet in 1990, there was lobbying to completely eliminate the funding for this federal agency. To speak against this, American composer, Meredith Monk, addresses the public in her speech, “Some Thoughts About Art, America, and Jumping off the Cliff.” The musical artist is a composer, singer, director/choreographer and creator of new opera, music-theater works, films…
Successful nonprofits must be resourceful. Providing tremendous resources to the nonprofit community is The Foundation Center. The Foundation Center (2011a) is a national, nonprofit service organization that connects nonprofits and grant makers to useful tools and information. (Dustin, 2013) Two of the non-database resources I found most interesting was 1) Newsletters and 2) IN-Person Training.…
Forte is a nonprofit organization in its infancy. The organization is only three years old and has already seen substantial changes to its structure and business strategy. Currently, Forte is mostly unknown. However, this past year the organization took a huge leap in firing its Artistic Director and choreographer and hiring a new Artistic Director and choreographer. Both new additions bring a wealth of knowledge of the performing arts industry that has catapulted Forte to setting their sights higher than the two performances a year. In the past two years the organization was funded primarily through parental donations, which were small and only allowed the organization to perform twice a year. This past year with the addition of the new employees, the organization saw ticket sales increase tremendously and interest from many more students in joining.…
Every day hundreds, if not thousands of families look forward to their local upcoming weekend activities. For some, it is the local fair that rolls into town with the rides for their children. Others, it is a walk on the water front with good food and drinks. For most, it is time to relax, have a cold drink, and enjoy things like Seafair in Washington State, or the Toyota Grand Prix of Long Beach for Southern California residents. Without local non-profit organizations, most of your favorite weekend activities would not exist. Non-profit organizations support many local events, as well as community programs that would not normally receive assistance. For a non-profit organization to flourish, it must have organization, structure, income, volunteers, a location, and events to move it forward. However, sometime with the fluctuation of the economy, it can make things difficult for the non-profit to move forward or even survive.…
Worth, M. (2011). Non-profit management: Principles and practice (2nd ed.). Thousand Oaks, CA: Sage Publications. ISBN: 9781412994453.…
Art can be traced all the way back to the ice age. The government uses roughly 146.2 million dollars per year to offer support and fund for art projects, and state governments have always repeatedly maintained a commitment to the arts (Gummow). The art funding is a good use of a taxpayer’s money, because it supports health and wellness, it creates more jobs, and it is a part of education. The arts are so important, so that is why I think that the money that goes into the arts is money well spent ("Why Should the Government Support the Arts?").…
In the United States, there are many different types of non-profit organizations. These organizations help with many things, like building homes, protecting wildlife and animals, and giving people food. These organizations are also made to help enforce some of the laws. Without organizations like MADD, ASPCA, and Habitat for Humanity, our community would be worse than it is now.…