Nonprofit Arts Organizations

Funding the arts and arts organizations is often a concern of arts managers and, at times, a topic of debate. Every nonprofit arts organization spends much of their time ensuring that they have enough resources to meet their mission. When program revenue falls short of covering their activities, other public and private funding options are explored. When public, government funding is received, controversy may occur when an organization produces something that is viewed as offensive by society. Evaluating programs with a triple-bottom line formula, funding can straightforwardly be supported and defended. Margaret Wyszomirski’s article, “Shaping a triple-bottom line for nonprofit arts organizations” examines how funding agencies can evaluate
Nonetheless, Tyree Guyton saw a need within a community and used his art to meet that need. His desire was to redevelop his neighborhood and change lives through art. As popularity and involvement grew, volunteer, foundation, corporate, and partnership support did as well. Tours, lectures, and workshops keep the Project relevant as they continue to transform vacant houses into works of art. In addition, “on the inside of each structure, [they] host art and educational classes in various art disciplines to children and
In 2013, ArtPrize claims to have brought in over 30,000 visitors through out-of-state tourism, created 253 jobs, and generated $22.1 Million in new economic activity. Revenue, support, and participation continues to grow every year, demonstrating that the triple-bottom is achieved through this project. Financial sustainability is met through millions of dollars of revenue sponsorships, grants, and program fees. Nearly 1,500 entries in 170 venues receiving over 380,000 votes illustrates the artistic vitality of the competition. Now entering its ninth year, a steady increase in visitors and community support recognizes the overall public value of this event to the arts and to the City. Both the Heidelberg Project and ArtPrize have entrepreneurial characteristics and meet the criteria for the triple-bottom line. The Heidelberg Project saw the need to revitalize a neighborhood and met that need through artist expression and creativity. Creating a public, open-air art project brought awareness to the arts and the community thus influencing lives. ArtPrize created a service by encouraging artists to display their art for anyone and everyone to see. In doing so, artists receive funding, grants, and exposure while creating tourism and increased income for businesses throughout the