Alberta Media Fund: Cultural Industry — Magazine Publishers Operating Grant
$125,000.00
Grant
Description:
The Cultural Industry Magazine Publishers Operating Grant provides funding to invest in the operations, administration and in specific business development activities of their organization to further its mission and strengthen the organization’s and industry’s capacity.
Comments on Funding:
Eligible organizations may receive no less than a minimum of $5,000 or more than a maximum of $125,000.
Grants are calculated using a formulaic model, and are a combination of a base grant and a supplementary top-up.
The base amount is derived using a percentage of the industry average for the editor or editor-in-chief. This is then multiplied by the number of issues published per year.
The top-up is determined using the actual spend for allowable editorial content creation multiplied by a percentage allocated based on the type of magazine publication.
June 1 annually
Eligibility:
Applicants must:
1. Be primarily involved in the production of magazines.
2. Be registered and in good standing in accordance with the appropriate provincial legislation
3. Have been in operation in Alberta for at least 12 months prior to application date and have completed one full publishing schedule prior to the application date
4. Be at least 51 per cent majority owned by an Albertan or Albertans, and the effective managerial and editorial control of the magazine resides with persons who are residents of Alberta
5. Produce magazines and digital magazines by individuals other than the organizations principals, board members or stakeholders; with published editorial content from more than one person;
6. Be primarily engaged and generate earned revenues aside from any government sourced funding
7. Present fair compensation for editorial content from more than one person
8. Be physically located in Alberta
9. Have editorial policies and decisions that are in the sole control of an editor or editorial board
10. Have a clear distinction between editorial content and advertising, with advertising or sponsored content and supplements clearly identified
11. Present products that clearly display a masthead or contact page that includes, at minimum, the names of the publisher and editor in addition to the postal address for the publication
12. Contain at minimum, an average of 80 per cent original Canadian editorial content. Content curated, syndicated reproduced or paid for by a third party (commonly known as advertorial) is not considered original editorial content for the purposes of this program.
Application Steps:
Applicants must:
1. Review the Magazine Publishers Operating Grant Guidelines to review the program and application requirements
2. Create an online profile for new applicants. Request access to set up an online profile prior to filling out an application. To set up a profile, complete the GATE Front Office Registration form and email it to: registrationamf@gov.ab.ca. Login credentials will be emailed.
3. Complete the application package and log in to the Online Grant Application System to begin the application and submission.
Documentation Needed:
Applicants must submit:
1. A brief description of the organization, including the mandate;
2. Organizational details, such as revenues and expenses;
3. A magazine profile form; and
4. If applicable, information pertaining to business development activities and outcomes from the prior application year.
5. Annual corporate registry documents (annual return) showing the organization’s legal name, shareholder/director
breakdown and standing;
6. The organization’s most recent annual financial statements, accompanied by:
a. – Grants over $50,000 require a Review Engagement Report prepared by a designated accountant; licensed to practice
in Alberta;
b. Grants over $25,000 require a Compilation Engagement Report prepared by an accountant; or
c. Grants of $25,000 or less require a detailed financial statement approved and signed by two board members other than
the Treasurer, or if a sole proprietorship a copy of the most recent T2125 tax form.
7. Promotional materials from the previous year, such as catalogues; and
8. A minimum of two copies of the magazines publications from the previous copyright year, sent by mail, is required
Other Things to Note:
Grant deadline is June 1 annually at 11:59 pm MST.
If the grant deadline falls on a weekend, the deadline date will be extended to the next business day. The grant intake window will open 60 days prior to the grant deadline.
About the author
Maurice