Arts & Industry Council - Financial Info

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AIC Financial Overview

Over the years, numerous citizens, foundations, and businesses have generously contributed to the AIC (formerly the United Arts Council). With the change in the AIC’s strategic direction in 2005 and the addition of a new menu of products and services, it became clear that the organization should also reconsider its funding strategies. After careful consideration, the AIC Board of Directors adopted a new funding model which involves a combination of memberships, sponsorships and an annual campaign.

Membership
Benchmarking against other arts councils across the region and the country, the AIC has developed a membership model, which includes the following categories: artists, individuals, non-profit arts and community organizations, and corporation/businesses. Each category offers different services, levels of technical assistance, discounts, and privileges. Membership fees for non-profit organizations are assessed on a sliding scale based on each organization’s annual operating budget. There are several levels of corporate/business membership, and artists pay a flat rate of $25 per year.

Sponsorship
A number of the new programs offered by the AIC present opportunities for corporate, business and individual sponsorship. A Public Art Program was launched in 2006 with a contribution from the W.K. Kellogg Foundation and additional funds contributed by the AIC. Currently, AIC staff is looking for additional sponsors wishing to support public art in Calhoun County. Sponsors are also being sought for the Regional Events Calendar and the Creative Industries Incubation Network.

Annual Campaign
In addition, the AIC will conduct its traditional annual campaign during the spring of 2007. With the exception of the past two years, during which the AIC was transitioning, the organization has always conducted an annual arts campaign to secure program and operational support for local arts agencies. The 2007 campaign will support the full menu of AIC products and services, including expanded regional marketing efforts, the Public Art Program, and the Creative Industries Incubation Network. Previous campaigns have generated significant support for the arts from over 1,000 donors, with 92% of funds going directly to arts and cultural organizations.