State Capital Funding through the Ohio Cultural Facilities Commission

State Capital Funding through the Ohio Cultural Facilities Commission

Ohio Cultural Facilities Commission

State agency Ensure wise

stewardship of capital improvement dollars

Funding for construction, rehabilitation and expansion projects

Meet definition of “cultural facilities”

Cultural Facilities include:

Visual and performing arts centers

Contemporary Arts Center, Cincinnati

Mixon HallCleveland Institute of Music

Cultural Facilities include: Art museums

Glass Pavilion, Toledo Museum of Art Dayton Art Institute

Cultural Facilities include:

Science, technology & transportation museums

The Works, Newark COSI Columbus

Cultural Facilities include: Arts education facilities

Oxford Community Arts Center Decorative Arts Center of Ohio

Cultural Facilities include: Local historical facilities

Smith Orr Homestead, Orrville Van Wert Historical Society

Cultural Facilities include:

State historical facilities (Ohio Historical Society)

Serpent Mound, Adams County Fort Recovery, Mercer County

Cultural Facilities include: Publicly-owned professional sports venues

Paul Brown Stadium, Cincinnati Canal Park, Akron

Commission Projects Assigned through

biennial capital budget $528 million in total

appropriations 300 projects in 72

counties Appropriations from

$5,000 to $55.5 million

How Projects Secure State Funds Commission has no discretionary funds

Community leaders approach legislators and/or Governor

General Assembly & Governor select projects and level of funding

Projects assigned through state biennial capital budget

How Projects Secure State Funds Ohio House of

Representatives www.house.state.oh.us

Ohio Senate www.senate.state.oh.us

Type in ZIP code to find your legislators

How Projects Secure State Funds

Proper planning critical; can turn legislators into advocates

Project Planning & Assessment Guide

PDF available at www.culture.ohio.gov

Six key questions to help you create successful projects

How Projects Secure State Funds

Funded by tax-exempt bonds

Bonds issued by Treasurer of State

Paid by the state over approximately 15 years

Commission’s job critical Protect the state from

future costs and liabilities

Project Standards Basic standards must be met:

Ensuring a “need” for the project by verifying operation and business plan

Confirm regional financial support through review of the fundraising plan

End result is an operating, successful facility

Project Standards Must present culture to

the public Owner – 501(c)(3) or

government entity Local match: $1 for

state’s $2 Fully funded project Open & operating facility

Project Standards Property Owner

If 501(c)(3) leases from third party, project still eligible to receive funds

Owner agrees facility will be used to present culture to public for at least 15 years

Project Standards Local Match: $1 for

state’s $2 Cash match, grants,

written pledge commitments

Value of property Funds in operating

endowment

Project Standards Fully funded project

All funds needed to complete project

Hard costs, soft costs, fundraising & start-up

Lines of credit, bridge financing, etc. must be backed by pledges or guarantees

Written commitments

Legal Agreements Cooperative Use

Agreement Ensures state’s

interest that cultural programs will be presented

15-year length Daily operations

and management decisions handled locally

Legal Agreements Construction Administration

and Funding Agreement Allows local construction

administration Only with Commission

approval Must demonstrate

construction administration capabilities

Details services and responsibilities

How the Commission Can Help Publications & resources

available at culture.ohio.gov

Review projects for compatibility with Commission requirements

Provide examples of required documents

Objective help selecting professional consultants

Thank YouOhio Cultural Facilities Commission

20 East Broad Street, Suite 200Columbus, OH 43215

(614) 752-2770www.culture.ohio.gov