EXPENDITURE ON CULTURE BY BUSINESS
Businesses can fund cultural activities in several ways, with assistance usually taking the form of cash sponsorships, in-kind support (e.g. products, materials, advertising, services) or donations.
For sponsorships (and/or in-kind support), businesses often receive advertising or promotional benefits. Donations on the other hand, are usually made unconditionally, with the recipient determining the purpose for which the donation is used. While the donor is not repaid with any benefit or service, businesses and individuals can receive taxation benefits for donations of cash or property to organisations such as those listed on the Register of Cultural Organisations. In 2002-03 there were 891 organisations listed on the Register, and total donations amounted to more than $23m.
The ABS Business Generosity Survey, 2000-01, reported that businesses gave a total of $1,446.6m to a range of organisations and individuals, of which $69.6m (5%) was provided for arts and cultural activities.
4.3 BUSINESS GIVING, By type of contribution - 2000-01
Arts and culture
Arts and culture as percentage of total
|Business to community projects(a) |
|Total giving |
|(a) Co-operative arrangements such as the transfer of money in exchange for strategic business benefits such as improved staff expertise, wider networking, etc. |
|ABS, Generosity of Australian Businesses, 2000-01 (cat. no. 8157.0). |
Monetary contributions were the most common form of support from businesses. Over three-fifths (63%) of the value of support to arts and cultural activities took this form.
4.4 BUSINESS GIVING TO ARTS AND CULTURE, By type of contribution - 2000-01
|Business to community projects(b) |
|Total giving |
|np not available for publication but included in totals where applicable, unless otherwise indicated |
|(a) At market value. |
|(b) Co-operative arrangements such as the transfer of money in exchange for strategic business benefits such as improved staff expertise, wider networking, etc. |
|ABS, Survey of Generosity of Australian Businesses, 2000-01, data available on request. |