Funding for the Arts in the Time of Crisis

Written by: Dr. Eugene Barilo Von Reisberg. Evan Lowenstein with permission from ArtsHub
This email seeks to provide a handy guide to financial assistance which is being made available by the Federal, State, and some municipal governments and as well as by individual funding bodies for the general public and for the creative industries in particular.
With all the extraordinary amount of information virtually changing before our eyes, we thought it a good idea to combine these resources into one handy guide.
As premier accountants to the arts and culture sector, we have become only too keenly aware of the deleterious effect of the COVID-19 on the creative industries.
The closure of galleries and postponement of art fairs has impacted directly the livelihood of visual artists. While we commend art galleries on moving their operations online, we have also become aware that their efforts have been stymied by the interstate border closures and suspension of specialist art transport services. This, in turn, has disrupted deliveries of artworks between artists, galleries, and art buyers. We are also aware that gallery closures have had an impact on all ancillary services, including writers, framers, photographers, installation crews, and so forth. Suspension of exhibitions and visual art events is also impacting the livelihood or art periodicals, both printed and digital, which rely on funding from advertising revenues.
In a similar vein, the performing arts sector has been equally affected. The closure of theatres and art centres, and cancellation of performing art festivals have impacted the livelihood of performers. Once again, while we salute actors and musicians, who are making their performances available to the public through digital channels, we are aware that the entire crews who are usually tasked with the seamless delivery of performances, from lighting and sound specialists to ushers and box office attendants, are also experiencing financial hardship.
In our previous missives, we have outlined the following general measures of financial assistance offered by the Federal Government to weather this difficult period:

In addition to the financial assistance, which has been made available by Federal and State governments to the general public, we have also scoured the net to draw your attention to funding which is being made available progressively by state and municipal governments, targeted specifically at the creative industries.

We have just learned about the additional funding of $375,000 offered by the Copyright Agency to support the arts and culture sector: Last but not least, we will be bringing you shortly details of funding initiatives from the Australia Council.

Subscribe to our newsletters and follow us on Twitter, Facebook, and LinkedIn to stay up to date with our reports on the general and industry-specific financial support measures and funding initiatives in there trying times.

And remember – we are always only a phone call or an email away.

Dr. Eugene Barilo Von Reisberg
Evan Lowenstein
With permission from ArtsHub