Funding and Timeline

2010 ArtsNSW $110k to develop concept

2011 Application for tripartite funding Regional Capital Fund unsuccessful

2012 Re-application Regional Capital Fund $3.5M successful

2013 July Art Gallery closes

2014 February Construction starts

2014 Philanthropy Campaign raised $1.6m

2015 April Construction works into QEII Square $840k

2015 2nd October – MAMA opens

 

MAMA Economic Impact

• $27.6M in local economic benefits as a direct result of the project’s construction.

• A further $1.01M each year injected into the economy through ongoing

employment in the arts

• A $9.66M boost to the visitor economy after its first year of operation, growing to

$12.2M after five years

• 80,000 visitors to the art museum annually.

• 17 positions as a result of the redevelopment

The Future: next 12 months

Develop 5 year Collection Acquisition and Growth Strategy and post opening Marketing Plan

Expand partnership with regional TAFE and La Trobe University to deliver a Diploma in Creative Arts from MAMA’s Commonwealth Education Suite

Tour the Russell Mills Foundation Collection and develop additional income streams

Expand on creative incubator and hub projects

Develop philanthropic strategy and governance framework for future corpus growth

Survey and Review audience and operations