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| Community Budget Issue Requests - Tracking Id #2979 |
| Tampa Bay Performing Arts Center - Cultural Endowment Funding |
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| Requester: |
Judith Lisi |
Organization: |
Tampa Bay Performing Arts Center |
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| Project Title: |
Tampa Bay Performing Arts Center - Cultural Endowment Funding |
Date Submitted |
1/13/2006 1:03:30 PM |
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| Sponsors: |
Sebesta |
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| Statewide Interest: |
| The Tampa Bay Prefroming Arts Center, the largest performing arts center in the Southeast, is a major economic driver for Hillsborough County, the Tampa Bay region, and the state. Annually, more than 700 performances are attended by over 600,000 Floridians and cultural tourists. Each year, more than 40 different arts education programs serve over 60,000 K-12 school children, college/university students, adults and families, providing training and programming not otherwise available. Annual economic impact: $93 million. |
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| Recipient: |
Tampa Bay Performing Arts Center, Inc. |
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Contact: |
Donna McBride |
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1010 North W.C. MacInnes Place |
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Contact Phone: |
(813) 222-1034 |
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Tampa 33602 |
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Contact email: |
donna.mcbride@tbpac.org |
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| Counties: |
Hillsborough |
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| Gov't Entity: |
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Private Organization (Profit/Not for Profit): |
Yes |
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| Project Description: |
| Request is for a $240,000 Cultural Endowment Matching Share that will help provide investment income to sustaining and growing programming. The endowment fund income is used to help fund the Center's vital arts and education and outreach programs, which serve up to 60,000 students of all ages each year. These programs are provided at the newly opened Patel Conservatory and at inner city and rural sites, including community centers, schools, hospitals and migrant venues. |
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| Is this a project related to a federal or state declared disaster? |
No |
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| Measurable Outcome Anticipated: |
| Increase in the number of programs that may be offered and an increase in the number of patrons who may benefit from these cultural programs. |
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| Amount requested from the State for this project this year: |
$240,000 |
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| Total cost of the project: |
$600,000 |
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| Request has been made to fund: |
Operations |
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| What type of match exists for this project? |
Private |
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Cash Amount |
$360,000 |
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| Was this project previously funded by the state? |
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No |
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| Is future-year funding likely to be requested? |
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No |
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| Was this project included in an Agency's Budget Request? |
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Yes |
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Agency |
State, Department Of |
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| Was this project included in the Governor's Recommended Budget? |
Yes |
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| Is there a documented need for this project? |
Yes |
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Documentation: |
Has been recommended for funding by DoS since 2001 (currently ranked 12th on list) |
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| Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)? |
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Yes |
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Hearing Body: |
Hillsborough Legislative Delegation |
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Hearing Meeting Date: |
01/07/2006 |
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| Is this a water project as described in Section 403.885, Laws of Florida? |
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No |
