Item 3 Staff Report — original pdf

Backup

FY23 Live Music Fund Event Program Pilot - Compliance Austin Arts, Culture, Music and Entertainment (AACME) Music Commission Meeting September 8, 2025 FY 2023 Live Music Fund Event Program Pilot • 367 Awardees for “Specific Future Projects” o 41 $5,000 Grant Awards o 326 $10,000 Grant Awards • Grant Agreements executed Oct–Dec 2023 • Agreement extensions provided to ensure 12-month terms and for compliant Awardees needing more time for awarded “Specific Future Projects” FY 2023 Live Music Fund Event Program Pilot • 4 Awardees forfeited before receiving any funds • 1 Awardee did interim report evidencing the 1st payment but paid back the 2nd payment (40% of award) and did not receive the 3rd payment of (10% of award) • As of today, 34 remaining non-compliant Awardees o 17 submitted an interim report evidencing the 1st payment, but incomplete or no final report o 17 submitted incomplete or no interim report FY 2024 Austin Live Music Fund • 136 grant awards accepted out of 136 total grant awards (100%) • 135 signed agreements out of 136 total grant agreements (99%) • 134 completed Grant Agreement Orientations out of 136 total awardees (99%) • 135 completed Financial Information Forms out of 136 forms sent to awardees (99%) • 134 first payments paid out of 136 total awardees (99%) • 95 second payments paid out of 136 total awardees (70%) • 41 final payments paid out of 136 total awardees (30%) Questions Office of Arts, Culture, Music and Entertainment (ACME) Thank You For Your Partnership!