Defining capitalization as “the resources an organization needs to fulfill its mission over time,” GIA embarked on the National Capitalization Project (NCP) to seek answers to the under-capitalized tendency of the nonprofit arts field. Conversations on Capitalization and Community have been held in 15 cities engaging cultural funders in a dialogue about the financial health of nonprofit art groups in their community and how funders might better support capitalization principles for their grantees. This year, GIA has added a three-hour companion session for grantees looking at what it means to be a well-capitalized organization achieving financial health and vibrancy within their marketplace.
The goals for Conversations on Capitalization and Community are to:
Funder Session (3 hours) Arts funders, large and small, private and public, that are invested in the wellbeing of the nonprofit arts sector.
Grantee/Nonprofit Session (3 hours) Arts and cultural nonprofit organizations, large and small, as determined by the local partner or partners.
National recognized arts finance consultant, Rebecca Thomas of Rebecca Thomas & Associates (formerly with Nonprofit Finance Fund) and senior staff from Grantmakers in the Arts will lead the sessions.
GIA works with a local partner or partners in each city or region to produce the workshop.
For more information and costs, contact SuJ’n Chon.