FUNDING FOR ART AND CULTURE

Academic year
2023/2024 Syllabus of previous years
Official course title
FUNDING PER L'ARTE E LA CULTURA
Course code
EM3E13 (AF:376452 AR:254576)
Modality
On campus classes
ECTS credits
6
Degree level
Master's Degree Programme (DM270)
Educational sector code
SECS-P/09
Period
3rd Term
Course year
2
Moodle
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The Degree Course in Funding for Art and Culture focuses on the main financing techniques of non-profit organizations in the artistic and cultural sector. This course provides students with a solid foundation of specific knowledge and skills to become experts in managing financial resources for cultural and artistic projects.
During their studies, students will have the opportunity to explore the different forms of funding available to non-profit organizations in the field of art and culture. They will be introduced to the fundamental concepts of financial management, economics of the arts and cultural policies. Through theoretical lectures and practical case studies, students will gain an in-depth understanding of funding processes and specific fundraising strategies. Topics will cover financial planning for arts projects, budgeting, seeking public and private funding, writing funding proposals, managing sponsorships and patronage, as well as evaluating the financial impacts of cultural projects. The theme of fundraising and in particular of crowdfunding will be dealt with.
Students will also have the opportunity to interact with industry professionals. This will enable them to apply the acquired skills in real contexts and to develop a network of contacts in the sector.
At the end of the degree course, graduates will be able to analyze the financial needs of non-profit organizations in the arts and culture sector, identify the most suitable funding sources and plan effective strategies to ensure the financial sustainability of cultural projects. They will be able to draft persuasive funding proposals, evaluate financial results and measure the economic impact of cultural activities.
1. Understanding of the main funding tools and techniques: Students will acquire an in-depth understanding of the different forms of funding available to non-profit organizations in the arts and culture sector. They will be able to identify and evaluate public and private funding opportunities, as well as understand specific fundraising strategies for the cultural sector.

2. Financial planning and budget management skills: Students will learn how to make detailed financial plans for arts and cultural projects. They will be able to develop realistic budgets, taking into account the different funding sources available and the specific needs of cultural projects. They will have the ability to monitor and manage budgets as projects are implemented.

3. Skills in writing persuasive funding proposals: Students will develop advanced skills in writing funding proposals for arts and cultural projects. They will be able to communicate clearly and persuasively the importance and urgency of cultural projects, demonstrating their financial viability and the positive impact they can generate. They will be able to highlight the social and economic benefits of cultural projects to attract the interest of funders.
Basic Knowledge in Economics and Management: It is desirable that students have a basic understanding of the principles of economics and business management, including concepts such as revenue, expenditure, budgeting, and financial planning.

Interest in art and culture: Students should have a genuine interest in art and culture, showing curiosity and motivation to explore funding within the context of these disciplines.

Communication skills: Good written and verbal communication skills are essential for the course, as students will need to write persuasive funding proposals and present their ideas clearly and persuasively.

Analytical skills: Students must be able to critically analyze financial problems and formulate appropriate solutions. Analytical thinking and problem solving skills will be an asset throughout
The Arts and Culture Funding Degree Course focuses on a wide range of content aimed at providing students with a solid foundation of knowledge and skills in the field of funding non-profit organizations in the arts and culture sector. The main contents of the course are listed below:

Introduction to funding for arts and culture: Overview of the financial challenges and opportunities in the arts and culture sector.

Financial management for cultural projects: Financial planning, budgeting, cost control and management of financial resources.

Public funding for art and culture: Study of the different sources of public funding available for cultural projects, analysis of award criteria and application procedures.

Private financing and sponsorships: Exploration of strategies for involving sponsors and patrons in the financing of artistic and cultural projects.

Fundraising and Fundraising: Fundraising techniques for non-profit organizations, including charity events, crowdfunding campaigns, persuasive proposal writing.

Economic evaluation of the impact of cultural activities: Methods for evaluating the economic and social effectiveness of cultural and artistic initiatives.

Cultural policies and public funding: Analysis of cultural policies and public funding dynamics in the art and culture sector.

Communication and marketing for cultural projects: Communication and marketing strategies to promote cultural projects and attract funding.

Trends and innovations in funding for art and culture: Exploration of new trends in funding for non-profit organizations, such as participatory financing models and the impact of technological developments
Slides and explanations provided by the teacher
Individual written test lasting 2 hours with exercises and open questions. Case study with practical example and theoretical questions




Explanatory slides provided by the teacher. Classroom speeches by industry experts.

Italian
written

This subject deals with topics related to the macro-area "Human capital, health, education" and contributes to the achievement of one or more goals of U. N. Agenda for Sustainable Development

Definitive programme.
Last update of the programme: 26/06/2023