EDII Library and Information Center catalog › Details for: Aquiring start-up funding for new arts organisations

Normal view MARC view ISBD view

Aquiring start-up funding for new arts organisations Preece, Stephen B.

By: Preece, Stephen B

Material type: Article

ArticlePublisher: 2015Description: 463 - 474 In: Nonprofit Management & LeadershipSummary: This article addresses the challenge of assembling financial support for emergent arts organizations. In addition to organizational logistics and the demands of making art, such groups must garner financing from various sources, including governments/foundations, private sector companies, individual donations, and earned revenues. Drawing on the relevant literature, as well as insights from a case study of a recently formed arts organization--the Grand River Jazz Society (GRJS)--a framework is created proposing the key success factors and corresponding core competencies associated with each funding source. Governments and foundations require addressing mission as a key success factor, and navigating bureaucracy is an essential core competency in which early stage arts organizations need to be successful. Businesses, in contrast, look for action as a key success factor, and it is managerial core competencies that lead to sponsorship. Individuals respond to vision and require relational core competencies for successful involvement. Finally, the key success factor for earned revenue is a connection with audience members, necessitating core competencies with a services mindset. The...

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings ( 1 )
Title notes
Comments ( 0 )

Item type	Current location	Call number	Vol info	Status	Date due	Barcode
Articles	Ahmedabad (HO)	(Browse shelf)	Vol. 25, Issue. 4	Available		020411

Browsing Ahmedabad (HO) shelves Close shelf browser

Previous	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	Next
Previous	Behavioral determinants of nonprofit board performance	Four types of leadership and orchestra quality	Nonprofit board balance and perceived performance	Aquiring start-up funding for new arts organisations	Impact of social capital on small firm performance in West B	Entrepreneurial abilities and barriers to microenterprise gr	Theorising entrepreneurship in the informal sector in urban	Next

This article addresses the challenge of assembling financial support for emergent arts organizations. In addition to organizational logistics and the demands of making art, such groups must garner financing from various sources, including governments/foundations, private sector companies, individual donations, and earned revenues. Drawing on the relevant literature, as well as insights from a case study of a recently formed arts organization--the Grand River Jazz Society (GRJS)--a framework is created proposing the key success factors and corresponding core competencies associated with each funding source. Governments and foundations require addressing mission as a key success factor, and navigating bureaucracy is an essential core competency in which early stage arts organizations need to be successful. Businesses, in contrast, look for action as a key success factor, and it is managerial core competencies that lead to sponsorship. Individuals respond to vision and require relational core competencies for successful involvement. Finally, the key success factor for earned revenue is a connection with audience members, necessitating core competencies with a services mindset. The...

There are no comments on this title.

to post a comment.