Mississippi Arts Commission announces Building Fund for the Arts Program
The Mississippi Arts Commission (MAC) is seeking Letters of Intent for its Building Fund for the Arts (BFA) Program to support the repair, renovation, expansion or construction of facilities that serve as sites for year-round arts programming in their communities. Donor Name: Mississippi Arts Commission State: Mississippi County: All Counties Type of Grant: Grant Deadline: 07/15/2024 Size of the Grant: $100,000 to $500,000 Grant Duration: Grant Duration Not Mentioned Details: MAC is focused on maximizing the impact of existing facilities through repair and expansion projects as well as increasing the number of facilities that can serve as points of public access to the arts for Mississippi residents. Funding Information MAC will offer BFA applicants the option to apply for between $25,000 to $500,000 to support their building proposal. Eligibility Criteria Organizations applying for a BFA grant must be: a Mississippi-based non-profit organization with IRS 501c3 non-profit status OR a unit of local government (county or municipal). State agencies or other state entities are not eligible to apply; in good standing with MAC. The organization must not have any outstanding reports or unresolved issues related to past or current grants from the agency; either the owners of the building/land for which they are requesting funds or doing so with demonstrated support from the owner(s). The sale of the property must be finalized by the time the project is scheduled to begin; an art-based organization, with the majority of their work focused on providing year-round arts programming to the local community. Cultural organizations with a primary mission outside of the arts, such as history or science museums, are not eligible to apply; requesting funding for a facility that has been or will be used for arts programming. For more information, visit MAC.
Award Range
$25,000 - $500,000
Total Program Funding
Not specified
Number of Awards
Not specified
Matching Requirement
Yes - MAC will offer BFA applicants the option to apply for between $25,000 to $500,000 to support their building proposal. Applicants may request up to 60% of the total cost of their proposed project through BFA. The remaining 40% must be matched by cash income for the project. These can come from a variety of sources (such as federal grants, municipal funding, or private contributions), but no state funds can be used to match BFA grants. In addition, no in-kind or property donations can be counted towards the match. For larger-scale projects requesting funding through BFA, the amount of the applicant’s required match is determined by the minimum amount associated with the grant award rather than the total project cost. For example, a project that receives a $100,000 grant but has a total project cost of $1 million, the grantee’s required match would be around $67,000 (based on a minimum match of the grant: $67,000 (40%) + $100,000 (60%) = $167,000).
Eligible Applicants
Additional Requirements
Organizations applying for a BFA grant must be: a Mississippi-based non-profit organization with IRS 501c3 non-profit status OR a unit of local government (county or municipal). State agencies or other state entities are not eligible to apply; in good standing with MAC. The organization must not have any outstanding reports or unresolved issues related to past or current grants from the agency; either the owners of the building/land for which they are requesting funds or doing so with demonstrated support from the owner(s). The sale of the property must be finalized by the time the project is scheduled to begin; an art-based organization*, with the majority of their work focused on providing year-round arts programming to the local community. Cultural organizations with a primary mission outside of the arts, such as history or science museums, are not eligible to apply; requesting funding for a facility that has been or will be used for arts programming. In addition: past BFA grantees are eligible to apply to support a new phase of renovation on a previously funded property. However, the applicant must demonstrate that the new project is distinct from the one that was previously funded and that a separate, distinct set of matching funds has been or will be secured. * Units of local government applying to BFA must demonstrate that they present year-round arts programming OR have ongoing partnerships with local arts organizations or artists to present arts programming for the general public.
Geographic Eligibility
All
Next Deadline
July 15, 2024
Letter of Intent
Application Opens
July 12, 2024
Application Closes
July 15, 2024
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