Supports NYSCA-funded New York State nonprofit arts organizations in building or strengthening reserve funds, offering both financial assistance and expert guidance for long-term financial stability.
Funder: New York Foundation for The Arts
Due Dates (Anticipated): May 2027 (Full application deadline, projected) | June 2027 (Full application deadline, projected)
Funding Amounts: Up to $50,000 per award based on operating budget; total program funding ~$1.76 million per cycle.
Summary: Supports NYSCA-funded New York State nonprofit arts organizations in establishing or building reserve funds for financial stability, with added technical support.
Key Information: Only one Reserve Fund Grant per organization ever; highly competitive; must have received direct NYSCA funding in the last three years.
This program provides grants to New York State nonprofit arts organizations that have received direct funding from the New York State Council on the Arts (NYSCA) within the past three years. The goal is to help these organizations establish or strengthen their cash reserve funds, thereby enhancing financial stability, resilience, and long-term sustainability. In addition to financial support, recipients receive technical assistance such as workshops, consulting sessions, and office hours to guide best practices in reserve management.