REGIONAL VALUE Bravo is 1. Investing strategically in the region and for Des Moines 2. Measuring the impact of arts, culture and heritage organizations on the regional economy 3. Leading the vision for the future
ABOUT BRAVO History From 9 founding partners, Bravo has grown to 17 local partner governments. Added Pleasant Hill in FY17 Partner governments contribute a portion of the hotel-motel tax revenue for their communities. Centralized grant funder to arts, culture and heritage organizations. Transparent and accountable approach to distributing funds.
1. STRATEGIC INVESTMENTS Grantmaking Overview More than $28 million in operating grants since 2006 >90% of 28E revenue directly granted back # of Cultural Partners has increased 33% since FY12 Up 66% since 2006 Bravo Average Grant Award FY06: $52,943 among 30 recipients FY16: $53,096 among 58 recipients GC17: $53,912 among 67 recipients
1. STRATEGIC INVESTMENTS Cultural Enrichment Grants (CEG) Unrestricted operating grants for arts, culture and heritage organizations in central Iowa GC17: 65 organizations funded (+ 16% over PY) 14 organizations new to Bravo $3,504,325 in investments (+ 14% over PY) Applications received and funded from organizations located in 12 of
1. STRATEGIC INVESTMENTS Des Moines Data from GC17 Cultural Enrichment Grants 98% of applicants from Des Moines received funding 83% of total funding went to organizations in the City of Des Moines $2.9 million of $3.5 million in total funding awarded 200% ROI for City of Des Moines projected investment $1.45 million in FY17 DSM projection; $2.9 million in GC17 awards
1. STRATEGIC INVESTMENTS Des Moines Data from GC17 Cultural Enrichment Grants Paid Attendance from 100% of Bravo 28E Partner Communities 35% of total paid attendees were from the City of Des Moines Highest attending zip codes: Des Moines, West Des Moines, Ankeny, Urbandale, Johnston Individual Donors from 94% of Bravo 28E Partner Communities 36% of total donors were from the City of Des Moines Highest supporting zip codes: Des Moines, West Des Moines, Urbandale, Ankeny, Clive Education/Outreach to 100% of Bravo 28E Partner Communities 46% of total metro students served were from Des Moines Highest supporting zip codes: Des Moines, West Des Moines, Urbandale, Ankeny, Waukee
1. STRATEGIC INVESTMENTS Local Arts Program Grant (LAPG) - NEW Open to non-arts organizations providing arts programming and/or agencies, councils, commissions or boards of local governments partnering with Bravo. 18 local arts programs funded $96,350 in investments Applications received and funded from organizations located in 6 of
1. STRATEGIC INVESTMENTS Capital Campaign and Project Grant (CCPG) Funding for capital campaigns and capital projects of at least $10,000 in total cost. GC17 opens late February 2017 Total investment capped at $450,000/year
2. MEASURING IMPACT Economic Impact Total Regional Output 2015 $120.9 million Arts & Culture Sector Jobs 2,336 Annual Participants 3,700,365
3. VISION FOR THE FUTURE Regional Cultural Assessment Goal: Identify ways to leverage arts and culture as a way to drive quality of life and economic development Process will identify the arts and cultural needs and preferences of residents and propose strategies communities can use to meet those needs Outcomes published June/July 2017
REGIONAL VALUE Bravo is 1. Investing strategically in the region More than $28 million in operating investments # of Cultural Partners up 66% since 2006 2. Measuring the impact of arts, culture and heritage organizations on the regional economy 2015 Bravo invested $3.5 million $120 million in economic impact National study results in summer 2017 3. Leading the vision for the future Regional Cultural Assessment to identify ways arts and culture can leverage economic development and quality of life
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