{"id":5583,"date":"2020-07-01T23:27:00","date_gmt":"2020-07-01T23:27:00","guid":{"rendered":"http:\/\/gator4118.temp.domains\/~artsance\/?p=5583"},"modified":"2022-01-27T15:54:27","modified_gmt":"2022-01-27T15:54:27","slug":"ascs-commitment-to-equity-drives-fy21-investments","status":"publish","type":"post","link":"https:\/\/artsandscience.org\/ascs-commitment-to-equity-drives-fy21-investments\/","title":{"rendered":"ASC\u2019s Commitment to Equity Drives FY21 Investments"},"content":{"rendered":"\t\t

\n\t\t\t\t\t\t

\r\n\t\t\t\t\t\t

\r\n\t\t\t\t\t

\n\t\t\t

\n\t\t\t\t\t\t

\n\t\t\t\t

\n\t\t\t\t\t

ASC\u2019s Commitment to Equity Drives FY21 Investments<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t
Equity supplement and formula used to increase transparency and support for diverse organizations.<\/em><\/strong><\/h5>\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t
CHARLOTTE, N.C.\u202f(July 1,\u202f2020)\u202f\u2013 The Arts & Science Council (ASC), the chief advocate, resource hub and steward of Charlotte-Mecklenburg\u2019s cultural community, demonstrates its commitment to cultural equity through its first round of investments for FY21 totaling $4.3 million. ASC is also instituting\u00a0an equity supplement to further support organizations whose primary intentions, practices and mission are by, for and about African, Latinx, Asian, Arab and Native American (ALAANA)\u00a0artists, cultures and communities. The grants provide unrestricted dollars for the general administration, operations and programs of 37 arts, science and history organizations.<\/p>
For the first time,\u00a0ASC\u00a0used a formula to improve objectivity and transparency\u00a0in\u00a0awarding operating grants to\u00a0organizations ranging from Discovery Place\u00a0and Mint Museum to JazzArts Charlotte and Gay Men\u2019s Chorus of Charlotte and others. The formula considers the maximum eligible grant (based on each organization\u2019s budget size), the scores an organization received in the panel review process and total funding available.<\/p>
\u201cThe result is a more equitable allocation model based on a calculation of each organization\u2019s budget size and eligibility,\u201d said ASC President Jeep Bryant. \u201cIt also allows ASC to sustain equitable support despite fluctuations in available funding.\u201d<\/p>
The new approach resulted in:<\/p>
60 percent increase in the overall allocation for organizations with an annual budget of $300,000 or less.<\/li>
30 percent increase in the overall allocation for organizations with an annual budget of $300,000 to $1 million.<\/li>
33 percent decrease in the overall allocation for organizations with an annual budget of $1 million or more.<\/li>
33 percent increase in funding for ALAANA organizations over what would have been awarded prior to the equity supplement.<\/li><\/ul>
The organizations receiving the supplemental equity funding are A Sign of the Times of the Carolinas, Brand New Sheriff Productions, The Carolinas Latin Dance Company, Harvey B. Gantt Center for African-American Arts + Culture at Levine Center for the Arts, JazzArts Charlotte and Que-OS. ASC is also adding five organizations to its Operating Support portfolio: Brand New Sheriff Productions, Charlotte Lit, Goodyear Arts, Kinetic Works and Que-OS.<\/p>
\u201cASC is committed to supporting the cultural sector, improving equity overall and specifically extending funding to organizations who have traditionally been underfunded,\u201d said Bryant. \u201cAs Angelique Power, former board chair of Grantmakers in the Arts reminds us, \u2018Racial equity is about shifting power and resources. It involves dismantling AND rebuilding systems.\u2019 Despite declining revenue, we are in the process of dismantling and rebuilding in a way that advances our values of cultural equity. This is one small step in that process.\u201d<\/p>
In June 2019, ASC\u2019s Board of Directors approved a Cultural Equity Statement that pledged to empower an inclusive and equitable community, support the role of all arts, science and history providers in achieving cultural equity and embed a commitment to cultural equity in all ASC investments, governance and administrative policies and practices. The adoption of the statement formalized work ASC has been conducting in\u00a0partnership with the Charlotte-Mecklenburg community for many years, while acknowledging that\u00a0much more remains to be done in order\u00a0to ensure that underinvested and underrepresented communities can compete equitably for artist commissions, grants and other financial investments, and that resources are distributed in a way that aligns with the realities of Charlotte-Mecklenburg\u2019s diverse population.<\/p>
\u201cASC recognizes cultural equity is critical to the long-term viability of the arts and cultural sector,\u201d said ASC Board Chair Susan Patterson. \u201cSystemic, inequitable access to opportunity has led to generations of unjust outcomes for those who have been historically marginalized in mainstream arts and cultural funding, discourse, leadership and resource allocation.\u201d<\/p>
ASC\u2019s\u00a0panel review process\u00a0leverages the expertise of\u00a0local and regional accounting and finance professionals that reviewed financial performance, and national arts and cultural practitioners that reviewed programming to ensure excellence, relevance and sustainability.<\/p>
The $4.3 million for Operating Support grants represent a decrease of 26 percent overall from FY20. The Operating Support grants are supported through ASC\u2019s Annual Fund Drive, City of Charlotte, Mecklenburg County and ASC Endowment funds. ASC also received generous corporate and foundation support from Wells Fargo, Bank of America, The C.D. Spangler Foundation & National Gypsum, and Truist for this year\u2019s campaign. ASC appreciates the long-standing support of the 34 companies that conducted workplace campaigns over the past year. Special recognition goes to the employees at Atrium Health, Duke Energy, Bank of America, Wells Fargo and Robinson Bradshaw, whose campaigns were the five largest by dollars raised.<\/p>
View ASC\u2019s first round of investments for FY21. Additional investments for artists and community programs will be made throughout the year.<\/p>
ABOUT ASC<\/strong>
ASC is the chief advocate, resource hub and steward for the Charlotte-Mecklenburg region\u2019s cultural community. Its core functions include advocacy, cultural education programs, cultural planning, fundraising, grant making, public art and workshops and trainings for the cultural community. ASC works to ensure Culture\u00a0For\u00a0All by combining resources from local and state government with those of the private sector to maximize community impact throughout the cultural sector.<\/p>
ASC\u2019s mission is to ensure\u202faccess to an excellent, relevant, and sustainable cultural community for the Charlotte-Mecklenburg region. Stay up to date on ASC news and happenings at\u202fArtsAndScience.org<\/a>\u202fand on\u202f Facebook<\/a>,\u202f Instagram<\/a>\u202fand\u00a0 Twitter<\/a>.<\/p>
-00-<\/p>\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t
contact: Bernie petit | bernie.petit@artsandscience.org<\/a><\/h5>\n\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div><\/div>\r\n\t\t<\/section>\r\n\t\t\t\t<\/div>\n\t\t<\/body>","protected":false},"excerpt":{"rendered":"
Equity supplement and formula used to increase transparency and support for diverse organizations.<\/p>\n","protected":false},"author":1,"featured_media":5586,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"single-fullwidth.php","format":"standard","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[50],"tags":[],"class_list":["post-5583","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news-media"],"menu_order":0,"_links":{"self":[{"href":"https:\/\/artsandscience.org\/wp-json\/wp\/v2\/posts\/5583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/artsandscience.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/artsandscience.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/artsandscience.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/artsandscience.org\/wp-json\/wp\/v2\/comments?post=5583"}],"version-history":[{"count":6,"href":"https:\/\/artsandscience.org\/wp-json\/wp\/v2\/posts\/5583\/revisions"}],"predecessor-version":[{"id":5784,"href":"https:\/\/artsandscience.org\/wp-json\/wp\/v2\/posts\/5583\/revisions\/5784"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/artsandscience.org\/wp-json\/wp\/v2\/media\/5586"}],"wp:attachment":[{"href":"https:\/\/artsandscience.org\/wp-json\/wp\/v2\/media?parent=5583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/artsandscience.org\/wp-json\/wp\/v2\/categories?post=5583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/artsandscience.org\/wp-json\/wp\/v2\/tags?post=5583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}