How Grant Awards Are Calculated
For FY24, COA will award $1,050,000 in Supporting Arts grants.
Grant awards will be proportional to organizational operating expenses and will be calculated based on a combination of operating expenses and available funds. The minimum grant award is $1,000. The maximum grant award will be dependent on available funding and the number of eligible applicants.
All eligible applicants will receive funding.
For last year's highest grant award and lowest grant award for each category, see Chart A in the Control Percentage - Award vs. Expenses section below.
How Grant Awards Are Calculated
-
applicants report three (3) years of operating expenses
-
applicants are assigned to a category based on average of operating expenses:
- Under $100,000
- $100,000 - $500,000
- Over $500,000 - $1M
- Over $1M
-
funds are allocated to each category relative to the percentage that category is to the full applicant pool
From FY23:-
Total number of SAP applicants: 219
-
16 applicants fell within the "Over $1M" category
-
"Over $1M" applicants were 7% of the total applicant pool
-
The "Over $1M" category was allocated 7% of the available funds
-
|
|
# of Applicants |
Percent of the Applicant Pool (of 219) |
Relative % of available funds |
|
Over $1M |
16 |
7% |
$71,047 |
|
Over $500,000 - $1M |
24 |
11% |
$111,645 |
|
$100,000 - $500,000 |
81 |
37% |
$375,533 |
|
Under $100,000 |
98 |
45% |
$456,729 |
|
|
|
|
|
- Grant awards are then determined by adjusting a control percentage to remain within the funds allocated to a category.
Control Percentage - Award vs. Expenses
Grant awards are determined by adjusting a control percentage to remain within the funds allocated to a category.
From FY23:
|
CHART A |
Award vs. Expenses (Control) |
Highest Grant Award |
Lowest Grant Award |
Average Award |
|
Over $1M |
0.21% |
$9,762 |
$2,527 |
$4,419 |
|
Over $500,000 - $1M |
0.71% |
$6,794 |
$ 3,602 |
$4,648 |
|
$100,000 - $500,000 |
1.83% |
$ 8,285 |
$1,830 |
$4,635 |
|
Under $100,000** |
|
|
|
|
|
Adjusted for $1,000 Minimum |
12.72% - 89.89% |
$1,000 |
$1,000 |
$1,000 |
|
Adjusted for $10,000 |
10.65% - 10.25% |
$10,000 |
$1,027 |
$4,657 |
**FY23 Supporting Arts guidelines established a $1,000 minimum/ $10,000 maximum grant award. The “Under $100,000” category was the only category that required an adjustment to accommodate the minimum/maximum awards. To accomplish this, the “Under $100,000” category was broken into two sub-categories.
List of FY23 Grantees