the economics of culture
TRANSCRIPT
The economics of cultureUniversity of MelbourneWednesday 23 September 2015
@laura_miles www.slideshare.com/lauramiles
First, an experiment
The ‘corporate’ approach
The ‘artistic’ approach
The ‘good cause’ approach
Time to vote
Left to right: the ‘corporate’, the ‘artistic’ and the ‘good cause’ approaches
Outputs, outcomes, impacts
Impacts and ‘soft power’
Where the funding comes from
• Government • Philanthropy• Corporates• Benefactors• Crowdsourcing
Government funding
Source: Regional Arts Victoria annual report (2014)
Regional Arts Victoria - annual budget $5.3m
OtherState Government
Source: Arts Access Victoria annual report (2014)
Arts Access Victoria - annual budget $1.8m
OtherState Government
Source: Royal Historical Society of Victoria annual report (2014)
Royal Historical Society of Victoria - annual budget $452k
OtherState Government
Source: Public Galleries Association of Victoria annual report (2014)
Public Galleries Association of Victoria - annual budget $239k
OtherState Government
Break down complex problems into simple steps
Where the funding comes from
• Government • Philanthropy• Corporates• Benefactors• Crowdsourcing
Philanthropic funding
Do your research
Eligibility to apply
Where the funding comes from
• Government • Philanthropy• Corporates• Benefactors• Crowdsourcing
Corporate funding
Where the funding comes from
• Government • Philanthropy• Corporates• Benefactors• Crowdsourcing
Benefactors
Where the funding comes from
• Government • Philanthropy• Corporates• Benefactors• Crowdsourcing
Crowdsourced funding
The nuts & bolts – things to do
• Be organised• Be connected• Be focused• Be practical
The nuts & bolts – things to do
• Be organised• Be connected• Be focused• Be practical
The nuts & bolts – things to do
• Be organised• Be connected• Be focused• Be practical
MA (Vic) Awards 2014 – photograph courtesy Simon Fox
Excerpt from MA (Vic) sponsorship brochure (2015)
www.mavic.asn.au/about_us/partnerships
The nuts & bolts – things to do
• Be organised• Be connected• Be focused• Be practical
The nuts & bolts – things not to do
• Misunderstanding procedures• Getting the content wrong
The nuts & bolts – things not to do
• Misunderstanding procedures• Getting the content wrong
The nuts & bolts – things not to do
• Misunderstanding procedures• Getting the content wrong
Take-aways
• Philanthropy Australia• Australia Council for the Arts• Creative Victoria• GrantReady• Annual reports / current grants…and more creative methods…
Take-aways (cont’d)
• Fundraising Institute of Australia• Wheeler Centre seminars• Arts Access Victoria• Arts people on Twitter/Instagram
twitter.com/VicCollections
Summary
• Be organised – lists/deadlines• Be connected – where the funding is• Be focused – know your organisation• Be practical – spend your time wisely• Get the procedures right• Get your wording right
Takeaways:Download these slides at:www.slideshare.com/lauramiles
More resources:www.mavic.asn.auwww.youtube.com/MuseumsAustraliaVic