Partnership

INCOME

Financial Infrastructure:

Conservatory In-house Production $20,000: Concerts, dances, films, CD and DVD sales, Distant Learning courses, etc.

Tuition $2,400,000:
Full-time Students: 100@ $20,000 (Offset in part by Endowed Scholarships): $2,000,000
Part-time students: 200@ $2,000: $400,000
[Note: The Conservatory will continually seek donors for endowed faculty positions as well.]
Ticket Sales - Concerts, Dances, Films, Workshops, etc. $350,000:
Events that generate at least 400-500 tickets per week@$10-20
Donors and Grants 1,000,000: The Financial Officer (grant writer and financial resource developer) will continually look for a wide variety and range of public and private donors, grants, and other funding sources such as the following samples [Rooms in the Conservatory will bear the names of each initial million-dollar+ donor]:

AAI Conservatory and Media Visions - Budget Outline
Balance Sheet: Summary Financial Data
Projected Cash Flow Statements
Projected 5-Year Income Statements

EXPENSES          
Administration $450,000 495,000 495,000 649,000 713,000
% of Expansion     10% 10% 10% 10%
Tenure-track Faculty (salaried personnel) $720,000 792,000 871,000 958,000 1,053,000
% of Expansion   10% 10% 10% 10%
Part-time Adjunct Faculty (non-salaried - paid per session) $400,000 440,000 484,000 532,000 585,000
% of Expansion 10% 10% 10% 10% 10%

Resident Ensembles (faculty ensembles’ concerts)

 $30,000 $30,000 $30,000 33,000 36,300
% of Expansion       10% 10%
Support Staff $80,000 $80,000 $80,000 88,000 96,800
% of Expansion       10% 10%
Special Guest Master Artists (10 per year) $100,000 $100,000 $100,000 $100,000 $100,000
Structural Purchases: Wenger Corporation Acoustical Products, maintenance, repair $350,000 3500 3500 3500 3500
% of Expansion   -90%      
Operating Costs (Concert production, advertising, utilities, insurance, office equipment and supplies, bookkeeping, legal assistance, etc.) $720,000 60,000 60,000 60,000 60,000

Instruments and Equipment:
Pianos, low strings, percussion, organ, electronic keyboards, electronic lab equipment, recording equipment, playback media, tuning, repair, computers (hardware and software, etc.)

 $250,000 $12,000 12,000 12,000 12,000
TOTAL ANNUAL EXPENSE $3,100,000 $2,012,500 $2,230,500 $2,435,500 $2,659,600

 

INCOME Yr1 Yr2 Yr3 Yr4 Yr5
Tuition: Full, Part-time $2,400,000 $2,400,000 $2,400,000 $2,400,000 $2,400,000
Public and private grants and donations $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000
In-house Production of goods (CDs, DVDs, Distant Learning, Business Commercials, etc.) $20,000 $40,000 $60,000 $80,000 $1,000,000
Event Tickets: Performances, stage productions, dances, films, consultation, etc $350,000 $500,000 $700,000 $900,000 $1,200,000
Products: Video, Sound, Books, On-line and Media Services, etc. $60,000 $100,000 $150,000 $200,000 $300,000
TOTAL REVENUES $3,844,400 4,540,000 5,310,000 6,080,000 7,900,000
Endowed Scholarship Funds generated annually 744,400 2,527,500 3,079500 3,644500 5,240,400
Cumulative Endowment 744,400 3,271,900 6,352,400 9,995,900 15,236,300
# Physical Customers at year end@600/week 14,400 20,000 25,000 30,000 35,000
# on-line Customers at year end@600/week 24,000 36,000 40,000 50,000 70,000
Total # of Intellectual Properties at year end Promotional Copies 530 1000 1500 2000

1. Doris Duke Charitable Foundation's Arts Program

(http://foundationcenter.org/pnd/rfp/rfp_item.jhtml?id=187900019)

Deadline: Open
As part of a new initiative to help strengthen the national performing arts sector, the Doris Duke Charitable Foundation's Arts Program will support select national projects that strengthen the health of the dance, jazz, presenting, and/or theater fields.

During a two-year pilot phase, the National Projects Fund will award a total of up to $1 million in grants to support key national projects in the dance, jazz, presenting, and/or theater fields. Grants will range from $60,000 to $200,000 each, and cannot exceed 40 percent of a project’s total cost.

2. Multi-Arts Production Fund Offers Support for Live Performing Arts Projects

The Multi-Arts Production Fund (http://www.mapfund.org/), a program of Creative Capital (http://www.creative-capital.org/) supported by the Rockefeller Foundation (http://rockfound.org/), supports original new work in all disciplines and traditions of the live performing arts. The goal of the fund is "to assistartists who are exploring and challenging the dynamics of live performance within our changing society, thus reflecting our culture's innovation and growing diversity." MAP seeks especially to support work that brings insight and vibrant critique to the issue of cultural difference, be that in class, gender, generation, ethnicity, or tradition.

Applications for MAP support must come from U.S.-based organizations based with nonprofit federal tax status. Nonprofit artist- services organization may apply as fiscal sponsors on behalf of unincorporated artists or ensembles. While an applicant organization must be based in the U.S., participating artists may be from anywhere.

Award amounts depend on the project budget of the grantee but range from $10,000 to $40,000. The average award amount is $22,000.

3. The William and Flora Hewlett Foundation.

The Foundation makes grants to nonprofit charitable organizations classified as 501(c)(3) public charities by the Internal Revenue Service. The following programs and initiatives are currently accepting unsolicited letters of inquiry for new grants. Click on a link to read program-specific guidelines and to submit a letter of inquiry for a new grant.

Education
Environment
Performing Arts

4. James Irvine Foundation New Connections Fund
(http://www.irvine.org/)

The James Irvine Foundation 's New Connections Fund provides grants of up to $50,000 over one or two years to eligible organizations with projects that fit within the foundation's core program priorities.

A) Arts: the Artistic Creativity strategy supports projects that involve a collaboration between individual artists and a local arts organization, while the Connection Through Cultural Participation strategy supports small and mid-sized arts and cultural organizations working to broaden, deepen, and diversify participation in their programs.

B) California Perspectives: the Promote Dialogues Between Under- represented Communities and Public Officials strategy supports projects that foster dialogues between people in underrepresented communities and public officials for the dual purpose of improving public officials' understanding of the interests and concerns of their constituents and facilitating opportunities for people in underrepresented communities to participate in public decision making.

C) Youth: the College Knowledge for Youth and Their Families strategy supports community-based organizations working to expand the awareness and knowledge of low-income youth and their families about college opportunities, with a priority on first-generation college-going youth.

To be considered for a grant from the New Connections Fund, an organization must meet all of the following requirements: have 501(c)(3) status or an established relationship with an approved fiscal sponsor; have a California focus; generate no more than 50 percent of its revenue from government sources; have annual revenue of at least $100,000; request a grant amount totaling no more than $50,000 or 10 percent of its annual organizational budget; and have no active grant or outstanding reports due to the foundation.

5. Meet The Composer Accepting Applications for Commissioning Music
(http://www.meetthecomposer.org)

Meet The Composer seeks to enable composers to make a living writing music and to increase their visible presence as creative artists. Meet The Composer offers support through its Commissioning Music/USA program to ensure that composers and their commissioners have the knowledge and resources to successfully complete their goals. This support takes the form of subsidized commissioning fee as well as technical assistance in managing the entire life-cycle of a commissioning project.

Commissioning Music/USA supports not-for-profit performing and presenting organizations that wish to commission new works. The program will support the commissioning of new works in any style for Small Ensembles, Orchestra, Chorus, Jazz or Concert Band, and Vocal or Instrumental Soloists.

Commissioning Music/USA offers up to $15,000 in support of the composer's commissioning fee and copying expenses for single commissioners and up to $30,000 for consortia.

6.   Lila Wallace-Reader's Digest Fund
7.   National Endowment for the Arts Music Grants
8.   Kresge Foundation
9.   Apple Computer
10. Possibly MacArthur, Ford, Cahill
11. California foundations who support the arts, education, historic preservation (especially California state historic/preservation commissions)
12. NEA and NEA
13. Arts International
14. Chamber Music America
15. Private Donors, etc.

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