Operating grants
Are you submitting an application on December 1 for operating funds within the Arts Decree? Discover the most recent information on this page.
A budget must be included in the application dossier. Thus you must be able to cover your materials, productions and employee salaries with income from tickets or buy-out fees. Or with the help of subsidies. So that the books are balanced at the end of the day. The only thing is: you may never run your entire operation on subsidies. Which is why there are minimum and maximum percentages.
It’s always a plus to have self-generated revenue. Buyout fee? Season tickets? Private funding? Great if you manage to develop a sustainable financing mix. But not every organisation can easily do that. Which is why there are different minimum percentages for self-generated revenue:
How is this minimum percentage calculated? For this you need to examine the entire policy period. And in relation to the total costs. Not sure where to start? Feel free to ask for advice at Cultuurloket.
Whether you are a musician, dancer or project manager: staff and artists deserve fair compensation. Which is why at least 50 percent of the requested subsidies go to staff and artists.
Years can vary. Financial fluctuations, unexpectedly lower spending, exceptionally good ticket sales. The result: you fail to take advantage of all the subsidies. Then you want to carry over a surplus to the next year.
Can you create a reserve with subsidies? Yes. Within limits. You may set aside a little, but not all:
What if you have less or no self-generated revenue? What if the major cost of your art project does not concern employees but materials? What if you need more reserves for the last year of your multi-year production?
Good news: you can always request an exception. Give good reasons why, and after approval, you will not have to comply with the minimum and maximum values to the nearest percent. Afterwards, the exception is explained in the annual report.
Are you submitting an application on December 1 for operating funds within the Arts Decree? Discover the most recent information on this page.
Haven’t found what you need right away? Do you have any questions? Mail to advies@kunsten.be.
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