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Arts Nonprofits Embark On Multi-Year Initiative to Strengthen Organizational Health and Bolster Sector-wide Equity
National Performance Network and Nonprofit Finance Fund partner to support diverse cohort of 6 arts organizations in intensive program
NATIONAL—April 4, 2016—Six nonprofits are leading a new phase of the Leveraging A Network for Equity (LANE) initiative to address sustainability challenges created by systemic financial inequalities within the arts and cultural infrastructure of the U.S. LANE is a partnership between the National Performance Network (NPN)
, Nonprofit Finance Fund (NFF)
and is supported by Mellon Foundation
. It is an expansive multi-year, multi-million dollar effort to build the financial and organizational health of the NPN/VAN network and bolster arts organizations that have often been overlooked by mainstream funding.
Organizations selected to participate in the current phase include: Carpetbag Theatre
(Knoxville, TN), Central District Forum for Arts & Ideas
(Seattle, WA), Junebug Productions
(New Orleans, LA), Movimiento de Arte y Cultura Latino Americana (MACLA)
(San Jose, CA), The Myrna Loy Center
(Helena, MT) and Su Teatro
These nonprofits include groups that are led by or primarily serve people of color, small- and mid-sized organizations, and those based in geographically-isolated locations. These organizations have deep connections to their communities, demonstrated equity within their organizations and exemplify innovative solutions to a changing field with shifting demographics. Over the next four years, these groups will receive expert assistance and access to significant capital investments to help strengthen their business models and fundraising strategies, with the goal of also informing shifts in the sector at large.
“These organizations preserve and innovate aesthetics that are not often well-represented in mainstream venues, though their contributions are vital to the cultural expression and legacy of their communities,” said Sage Crump, LANE Program Specialist at NPN. “The entire NPN network will benefit from work addressing shared challenges, such as gentrification and displacement of core audiences, limited staff capacity, and facilities-related issues.”
Among the first activities that the cohort will participate in is a three day Financial Leadership Clinic, during which each organization will receive a customized financial analysis of business model dynamics and insight into how to effectively communicate financial needs and goals, and begin to articulate the objectives that will inform their activities over the next 4 years.
“As we consider capitalization in the arts, it’s imperative to understand the unique dynamics facing small and mid-size arts organizations that have been marginalized,” said Claire Knowlton, Director for Advisory Services at NFF. “LANE and this deep work with the small cohort may inform philanthropic strategies that better support diversity and equity in the arts.”
For information about LANE, visit https://npnweb.org/programs/lane
About Nonprofit Finance Fund
Nonprofit Finance Fund (NFF) unlocks the potential of mission-driven organizations through tailored investments, strategic advice and accessible insights. Founded in 1980, NFF helps organizations connect money to mission effectively through established and innovative approaches to social sector finance. A leading community development financial institution with over $300 million in assets under management, NFF has provided $575 million in financing and access to additional capital in support of over $1.5 billion in projects for thousands of organizations nationwide. NFF is headquartered in New York City and serves clients from five offices across the country.
NPN is a relationship-based network of presenters and exhibitors that serve and connect diverse cultural organizations, artists and communities. Annually, NPN provides over 1.5 million dollars in support to artists through its network of 77 Partners. NPN generates paid opportunities for artists to create, exhibit, and tour work to diverse communities across the globe. Partners facilitate collaborations that inspire artistic experimentation, honor cultural heritage, and promote social change.