Vision Funds to Support Tulsa Non-Profit Arts Organizations.

26
Vision Funds to Support Tulsa Non- Profit Arts Organizations

Transcript of Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Page 1: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Vision Funds to Support Tulsa Non-

Profit Arts Organizations

Page 2: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

In fiscal year 2014, $1.23 billion in public funding was appropriated to

the arts. Of that, local municipalities provided 63% while state governments accounted for 25% and the federal government

12%.

Page 3: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Federal12%

State25%

Local63%

2014 Funding Levels for the Arts

Source: Americans for the Arts

Federal $ 146,000,000

State $ 307,000,000

Local $ 777,000,000

Page 4: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

When governments increase their support for

the arts, they are generating tax revenues,

jobs, and a creativity based economy.

Page 5: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

According to the U.S. Census, in 2011 the value of arts and cultural production in America was $504 billion, or nearly 3.2% of gross domestic product (GDP). For context, consider that the estimated value of U.S. travel and tourism in 2011 was only 2.8% of GDP.

Page 6: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

The arts put people to work. By investing in the arts, the public sector is fostering a skilled work force of creative occupations that contribute to economic productivity.

Page 7: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

The arts attract tourism revenue. Cultural tourism is a huge market, comprising some 129.6 million cultural travelers, whose participation in cultural and/or heritage activities contributes more than $171 billion each year to the U.S. economy.

Page 8: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Local governments are realizing the benefits of investing in the arts.

$777,000,000

Hotel/Motel Tax

Sales Tax

Arts Tax

Page 9: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Hotel/Motel taxes are the most popular form of local option taxes

used to fund the arts.

Houston, TexasAustin, Texas

Boulder, ColoradoChico, California

King County, Washington

Miami, FloridaOrlando, Florida

Palm Beach County, Florida

Portland, OregonSan Francisco,

CaliforniaSan Jose, CaliforniaSt. Louis, Missouri

Columbus, Ohio

Page 10: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Houston$14,000,000

Houston City Council recently passed a budget which calls for $85 million to be spent on the

arts over five years. The city receives 7 percent of the hotel occupancy tax with 1.3 percent

going to the arts. For the most recent fiscal year, arts groups received $14 million from the hotel

occupancy tax. 

Page 11: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Columbus$5,000,000

The Columbus Ohio Hotel/Motel Bed Tax generates about $5 million to local non-profit

arts groups.

Page 12: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Some communities earmark already existing sales taxes for the arts. These

are not new taxes, rather they are current taxes which, by ordinance are

dedicated to the arts.

Page 13: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Broward County,Florida

$2,300,000

Broward County Florida collects $2.3 million annually for the arts through earmarked sales

taxes.

Page 14: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Source: Huffington Post and Vocativ

Majority of the 10 Best Cities to Live in if You’re Under 35

Provide Public Funding for the Arts

Page 15: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

The New York City Department of Cultural Affairs is the largest cultural funding agency in the nation, with a Fiscal Year 2014 expense budget of $156 million and a capital budget of $822 million over the next four years.

New York City$156,000,000

Page 16: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Since its inception in 1961, Grants for the Arts/San Francisco Hotel Tax Fund (GFTA) has distributed over $320 million to San Francisco's nonprofit arts and cultural organizations. It has become an international model for municipal funding and support of the arts and culture. GFTA's revenue is made possible through a portion of the 14% room tax on hotel and motel bills throughout San Francisco, California.

San Francisco$10,300,000

Page 17: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Since 1989, Scientific and Cultural Facilities District (SCFD) has distributed funds from a 1/10 of 1% sales and use tax to cultural facilities throughout the seven-county Denver, Colorado metropolitan area. The funds support cultural organizations that entertain the public through the production, presentation, exhibition, advancement and preservation of art, music, theatre, dance, zoology, botany, natural history and cultural history.

DenverMetropolitan Counties

$47,361,945

Page 18: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

The City of Austin invests in arts and culture by allocating a portion of Hotel Occupancy Tax revenues to local arts organizations. The Cultural Arts Funding Programs support projects and activities in all disciplines that provide quality arts and cultural programming to the Austin community.

Austin$848,690

Page 19: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

City of Seattle maintains the Office of Arts & Cultural Affairs. The department’s 2009 budget included $2.9 million from the city’s general fund; nearly $1.2 million in city-admission-tax revenue; and $2.8 million from the municipal arts fund, which sets aside 1 percent of the cost of city building projects for public art – for a total agency budget of $6.9 million. The FY 2014 Budget was $7,277,712.

Seattle$7,277,712

Page 20: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

The Portland Arts Tax is a $35 income tax paid by residents of the city to support school teachers and art focused nonprofit organizations. Residents age eighteen or older with $1,000 or more income are required to pay the tax. The tax was instituted when Portland voters passed the measure in November 2012.

Portland$8,628,021

Page 21: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Income from PAC to City FY 2014 - $1,528,000Expense for PAC for City FY 2014 - $2,097,000

(569,000)

PAC Ticket Sales 2013 - $10,495,342Total Sales Tax - $893,888City Portion - $325,355

(243,645)

FY 2016 – Hotel/Motel Tax willContinue to support PACOperating and capital needs.

FY 2016 - $103,000 to Gilcrease.

Currently in Tulsa

Page 22: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Provide Vision funds to support local non-profit arts groups.

Benefitting 35 Organizations

Request

Page 23: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

For every $100,000 apportioned from Vision funds:

Industry Impact: $196,080Full Time Equivalent Jobs: 5.8Household Income: $134,747 Local Govt. Revenue: $8,723

Source: Americans for the Arts – Arts and Economic Prosperity Calculator

ROI

Page 24: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Return on .01 of .6% Vision Funds:

Industry Impact: $588,240Full Time Equivalent Jobs:

17.3Household Income: $404,241

Local Govt. Revenue: $26,169

Source: Americans for the Arts – Arts and Economic Prosperity Calculator

ROI

Page 25: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Unleash the creative potential of Tulsans, and which will cultivate home-grown enterprises, large and small.

Enhance the quality of life in Tulsa as a means of attracting and retaining a high quality, well-educated workforce.

Begin to reverse the 50-year trend of suburbanization and the more recent diffusion of retail activity on the internet.

Support public education, or which include an educational component, broadly defined.

Projects should be on a scale that that will "move the needle," to begin reversing negative trends and supporting positive ones.

We should first seek to invest in Tulsa's unique assets and existing treasures.

Meeting Vision Goals

Page 26: Vision Funds to Support Tulsa Non-Profit Arts Organizations.

Thank you for Considering Vision Funds to Support

Tulsa Non-Profit Arts Organizations