What are the different types of art financing?
Art financing is the financial support of artists and work they create in the form of grants, scholarships and public art programs. The term generally refers to any artistic financing that does not come from commercial sales of works of art. National and local governments, private companies and wealthy individuals offer financing to individuals or art organizations. This is the primary means of financing many forms of art that is unsuitable for mass -produced commercial business models. The unstable nature of politics and art sometimes creates controversy over publicly funded art. This system was improved during the Renaissance, during which large artists like William Shakespeare and Michelangelo enjoyed sponsorship from a rich state or church systems to create their masterpieces. In modern times, the financing of art has remained through the way for rich people to increase prestige and at the same time support the work of its favorite artists. Meanwhile, national artistic programs have supported the development of culture in communities afterall over the world. During the great economic crisis of the 1930s, revolutionary American programs such as a federal art project saved many artists from devastating poverty.
Today, a significant part of art funding is provided by foundations working in the command of large corporations. They have a double advantage of reducing the public burden on support for symphonies, ballet companies and other art organizations while providing tax companies tax companies. Rich individuals often founded the foundations for the same reasons. Churches do not offer artistic sponsorship that they have done during the Renaissance, with the exception of the support of occasional art or literature related to faith. However, some monasteries offer writing scholarships for Artists in residence.
state and national entities are another main source of art funding. In the United States, the National Art Foundation (Nea) provides millions of artistic financeEvery year since 1965. Local art councils and similar state agencies also offer grants and scholarships. Many private artistic foundations will correspond to the state provided and effectively double the amount of any grant. When governments face budget deficiency, these art -related programs are sometimes among the first to try to reduce politicians, although they can often be maintained by a strong public scream.
artists often depict the extremes of human experience that can be disturbing or even shocking for some people. Financing of public art is sometimes subject to discussion when politicians or their voters challenge the merit of bold artists. In the 80s and 90s, she did not get under fire to support artists such as Robert Mapplethorpe, Andres Serrano and Karen Finley. The 2000 film Pictures dramatizes one of these controversies. In the 21st century, the financing of public art is again threatened, this time by reducing the budgets of the state and national governments.