Cultural and Creative Arts - Junior Secondary 3 - Funding for art business

Funding for art business

TERM: 2ND TERM

WEEK THREE

Class: Junior Secondary School 3

Age: 14 years

Duration: 40 minutes of 5 periods each

Date:

Subject: CULTURAL AND CREATIVE ARTS (CCA)

Topic: FUNDING FOR ART BUSINESS

SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to

I.) Explain the meaning of funding for artwork

II.) Identify the sources of funds for art business

INSTRUCTIONAL TECHNIQUES: Identification, explanation, questions and answers, demonstration, videos from source

INSTRUCTIONAL MATERIALS: Videos, loud speaker, textbook, pictures,

INSTRUCTIONAL PROCEDURES

PERIOD 1-2

PRESENTATION

TEACHER’S ACTIVITY

STUDENT’S

ACTIVITY

STEP 1

INTRODUCTION

The teacher explains meaning of funding for artwork

Students listens attentively to the teacher                                                                          

STEP 2

EXPLANATION

Teacher identify and discuss the sources of funds for art business

Students exhibit attentiveness and active engagement

STEP 3

NOTE TAKING

The teacher writes a summarized

note on the board

The students

copy the note in

their books

 

NOTE

FUNDING FOR ART BUSINESS

Funding for artwork businesses refers to the financial resources or support provided to businesses that operate within the arts sector. This funding is crucial for various aspects of the business, including production costs, marketing, venue rentals, artist fees, administrative expenses, and more. It enables art businesses to create, promote, and sustain their artistic endeavors, whether it's through the sale of artworks, exhibitions, performances, or other creative activities.

The following are the sources of funds for art business:

  1. Individuals: This involves seeking financial support from individual donors, patrons, or sponsors who are interested in supporting artistic endeavors. It often involves crowdfunding platforms, donations, or memberships where individuals contribute directly to the arts project.
  2. Relatives: Funding from relatives can come in the form of personal loans, gifts, or investments in the arts business. While it may provide an initial source of capital, it's essential to establish clear terms and agreements to avoid any potential conflicts or misunderstandings.
  3. Corporate: Corporate funding can be obtained through sponsorships, partnerships, or grants from businesses that have an interest in supporting the arts. This can include sponsoring events, exhibitions, or programs, as well as providing in-kind contributions such as venue space or marketing support.
  4. Government Organizations: Government funding for the arts often comes in the form of grants, subsidies, or cultural development programs provided by local, regional, or national government agencies. These funds are typically allocated to support cultural initiatives, arts education, and the development of creative industries.

EVALUATION: 1.  What is the meaning of funding for artwork?

  1. Mention 4 sources of finds for art business

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively