Item 4 Supporting Document — original pdf

Backup

Austin Live Music Fund - Update Music & Entertainment Division Economic Development Department Music Commission Meeting – February 3, 2025 2024 Austin Live Music Fund – Latest Stats • 136 grant awards accepted so far out of 136 total grant awards (100%) agreements (95%) • 131 signed agreements so far out of 136 total grant • 134 completed Grant Agreement Orientations so far out of 136 total awardees (99%) • 132 completed Financial Information Forms out of 136 forms sent so far to awardees (95%) • 124 first payments paid so far out of 136 total awardees (85%) • 40 second payments paid so far out of 136 total awardees • 1 fully paid and completed award of 136 awards (17%) C I T Y O F A U S T I N Austin Live Music Fund – Community Feedback So Far 2025 Grant Award Budget - $4,800,000 • $300,000 award budget for $5,000 grants for 60 emerging artists (1-year agreements) • $3,500,000 award budget for $20,000 grants for 175 Professional Musicians and Independent Promoters (2-year agreements) • $1,000,000 award budget for $60,000 grants for 17 Live Music Venues (1-year agreements) Scored Points • Removal of Access to Services question related to banking • New scoring section for Professional Musicians and Independent Promoters that prioritizes applicants who have contributed to Austin’s music ecosystem • New Scoring section for Live Music Venues that prioritizes applicants who showcase live music as its core function Application Set-Up • Every application question will have multiple-choice answers • The process for applicants to share evidence for their selected multiple-choice answers will be streamlined and simplified to ensure each selected answer is backed up by evidence for scored points. The applicant will be unable to move forward in the application if a selected answer is not backed up with evidence • Narrative sections will only appear when an applicant has provided evidence for a multiple- choice answer to explain the evidence for reviewer consideration. As in 2024, the narrative sections are NOT SCORED and should be short and to the point. C I T Y O F A U S T I N Austin Live Music Fund – New Community Feedback Staff looks forward to receiving Live Music Fund Working Group feedback for additional improvement considerations. We invite you to share your additional thoughts: Music Industry • Austin Live Music Fund grants to musicians, promoters, and event organizers to create and promote live music experiences that highlight Austin's rich musical heritage. Learn more by visiting the Austin Live Music Fund webpage. Creative Arts and Culture • Nexus supports emerging cultural and creative individuals or organizations producing public projects and activities for Austin's diverse communities. Learn more by visiting the Nexus webpage. • Elevate is a capacity-building program for Austin's cultural producers. This grant offers operational assistance to support long-term community impact. Learn more by visiting the Elevate webpage. • Thrive is a two-year investment program designed to foster and sustain the growth of local arts nonprofits reflective of Austin's diverse cultures. Learn more by visiting the Thrive webpage. C I T Y O F A U S T I N Austin Live Music Fund – New Community Feedback Share Feedback Now! The Cultural Arts & Music Funding: Community Engagement survey will remain open through July 2025. C I T Y O F A U S T I N