Alberta Media Fund: Cultural Industry — Music Organization Operating Grant
$125,000.00
Grant
Description:
The Cultural Industry Music Organization Operating Grant is designed to increase the financial viability and business growth of the music and sound recording industry in Alberta, while still recognizing the cultural importance of the industry as a whole. Eligible organizations may receive funding to invest in the operations and administration 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 the prior year’s sales revenue, expenses and the number of eligible sound recording releases.
The sum of the total is divided proportionately by the program budget.
June 1 annually
Eligibility:
Applicants must:
1. Be a sound recording organization.
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. Develop, produce, license, release, promote and distribute sound recordings as a principal business function by individuals other than the organization’s principals, board members or stakeholders–artist-run labels or artist-entrepreneurs are not eligible.
6. Have industry-recognized national distribution demonstrated by being a factor recognized distributor, or hold a minimum of 3 nationally recognized vendor numbers
7. Have revenue, comprising of sales revenue, publishing royalties, and licence fees that exceeds $15,000 in the last full fiscal year prior to applying for the grant
8. Have the production copyright of the sound recording(s) owned or licensed by the label for each recording released
9. Have published in the 12 months prior to application a minimum of 2 sound recording releases with a minimum running time of at least 20 minutes
a. For the programs purpose a sound recording release is equivalent to:
b. 1 physical full-length album (CD or vinyl)
c. 1 digital full-length album
d. 6 physical CD singles or EPs, or 6 vinyl singles or EPs
e. 6 individual digital tracks
Application Steps:
Applicants must:
1. Review the Music Organization 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; and
3. A list of all eligible sound recording releases.
4. The following documents will be required as PDF attachments to the application:
5. Annual corporate registry documents (annual return) showing the organizations 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 sound recording releases published in 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
