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Funding

Funding. Jade Roberts & Michaela Bills. Why do we need funding?.

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Funding

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  1. Funding Jade Roberts & Michaela Bills

  2. Why do we need funding? Funding is needed for everybody - whether it be a hit Broadway show or a local school. Each company or production has to start from the beginning and needs money to start the creative process, maintain the creative process or both. Today we are going to look at two contrasting companies: Stoke Repertory Theatre (Self funding) and the Wilkes Academy (Outsourcing)

  3. Who are we going to look into for funding? We are going to look at too contrasting types of funding: Arts council – Funds bigger projects but not as many professional ones. Provides the funding for the projects. More suited to educational theatre, theatre in the community projects ( like the Wilkes Academy) Rep Theatre – Self funding company. Has it’s own in house productions and has a performance season.

  4. Wilkes Academy What do they do? Provide training for people within the community who are interested in the art’s. Professional teachers with professional performing experience teaching within all 3 disciplines Offers qualifications through the Academy

  5. Wilkes Academy Funded by: Arts council Patrons Merchandise Memberships to classes Reputable name – well known names attract more customers and more customers means more money

  6. What is the arts council? Council that provides grants to eligible business’ working within the arts’ who apply for financial support How is the arts council run? Set up and run by 16 members who are charitable trustees Think of ways in which the arts can be improved and to make sure that they achieve it at a high possible rate.

  7. Arts council There are 9 types of funding that the arts council provides.. Grants for the arts Grants for the arts library fund Artists international development fund Capital investment program Catalyst arts Creative industry finance Digital R&D funds for the arts PRISM Strategic touring program

  8. Arts council

  9. What is the rep Theatre? • When was it first established? • Opened in 1997 • First funds came from the Arts Council, a National Lottery grant, the support of the City Council, funds raised by the membership and the generous sponsorship of local companies. Facts: Stoke repertory theatre is a theatre which focus on amateur dramatics. It is a self funded company meaning the money needed to keep the establishment running and to enable shows to run, comes from patrons. Neil Morrissey is a patron Current membership of roughly 125 volunteers – ranging from admin staff, bar staff, technicians, F.O.H staff and so on.

  10. Rep Theatre: How is it funded? Money from interval refreshments Renting out the theatre to visiting theatre groups such as the groups in the picture opposite:

  11. Comparison

  12. Summary Both companies rely heavily on patrons Both companies used income from the Arts Council The Wilkes Academy has increased it’s potential income by expanding and creating new branches The Rep has also created an opportunity to increase income by housing more visiting productions Both companies have great potential to continue far into the future as they use their funding to it’s full potential.

  13. Bibliography http://www.swindon-college.ac.uk/news/swindon-college-launch-performing-arts-wilkes-academy http://www.stokerep.org.uk/index.php?option=com_content&view=article&id=53&Itemid=62 http://www.wilkesacademy.co.uk/wilkes/about/

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