RP233/2015 BUSINESS AND ARTS SOUTH AFRICA, ANNUAL … _Annual_Report_ 2014.pdf · rp233/2015 isbn: 978-0-621-43822-2 business and arts south africa, annual report 2014/2015

RP233/2015 ISBN: 978-0-621-43822-2 BUSINESS AND ARTS SOUTH AFRICA, ANNUAL REPORT 2014/2015

BUSINESS AND ARTS SOUTH AFRICA

NATURE OF BUSINESS The promotion and development of partnerships between the private sector and the arts. BOARD OF DIRECTORS Kwanele Gumbi (Chairman) Richard Cock Giovanni Mariano Andre le Roux Matthew van der Want Mandla Langa Monna Mokoena Carel Nolte Herman Bosman Florence Thom Gabriela Palacios-Flusk Gail Walters Mandie van der Spuy Michelle Constant

BUSINESS AND ARTS SOUTH AFRICA PO Box 962 Parklands 2121 163 Jan Smuts Avenue, Parkwood, 2193 Tel No: 011 447 2295 Fax No: 086 681 8075 Email: [email protected]

MICHELLE CONSTANT Chief Executive Officer

LONWABO MAVUSO Head of Programmes and Development

JESSICA DENNISON Executive Assistant and Events Coordinator

MANDISA TSHIQI Business Services Officer

LAKIN MORGAN-BAATJIES Marketing Manager

TSHEPO DISEKO Programmes and Grants Officer

DIANA WILLIAMS Project Manager: Mentorship Programme

ONTHATILE DITSHEGO Project Manager: Education Programme

MADELEINE LAMBERT M&E and Research Officer

CHARLOTTE GULLE Bookkeeper

MAUREEN BENYA General Assistant

BANKERS Standard Bank of South Africa Limited

AUDITORS Grant Thornton Registered Auditors Charted Accountants SA South African member of Grant Thornton International

COMPANY REGISTRATION NUMBER 1997/001920/08 VAT No. 4520249105

MEMBERS OF BUSINESS AND ARTS SOUTH AFRICA Corporate Members:A Better World Network (Pty) Ltd

Adams & Adams

Artinsure

ATKV

Avalon Group

Back 2 Back Advertising Brokers cc

Bamboo Rock

Barclays Africa Group Limited

Bellingan Scott Fine Art

Restoration & Conservation

Between 10 and 5 Online Publishing

Bidvest Foundation

Black Africa Brand Consulting (Pty) Ltd

BMI Sponsorship (Pty) Ltd

Breinstorm Brand Architects

Business Day TV

C-Major Productions

Cape Town Partnership

Carel Nolte (Pty) Ltd

Century City Arts Foundation

Cut 2 Black Media

DALRO (Pty) Ltd

Deloitte

DeskLink Media

Deutsche Securities SA (Pty) Ltd

DHL Express

Distell (Pty) Ltd

DNA Brand Architects

Engage Joe Public

Eyethu Gallery (Pty) Ltd

Fasken Martineau

First National Bank

Flow Communications

Flux Trends

Freshly Minced

Fruit & Veg City Holdings (Pty) Ltd

Fulcrum Collections (Pty) Ltd

Gauteng Institute for Architecture (GIFA)

GFI Art Gallery

Gordon Institute of Business Science

Grant Thornton

Gray Moodliar Attorneys

Gumbi Global (Pty) Ltd

HKLM (Pty) Ltd

Hollard Insurance Company Ltd

Inscape Education Group

Interactive Africa

JSE Limited

JT International South Africa (Pty) Ltd

Julia Meintjes Fine Art

Keith Kirsten Horticulture

International (Pty) Ltd

Kizo Art Consultants

KWV

Legal Wise

Live World Productions (Pty) Ltd

Louis Karol Architecture & Interiors

Mandela Bay Development Agency

Marsh (Pty) Ltd

Mastroantonio Holdings

MayFord Seeds (Pty) Ltd

Middel & Partners

Mobile Telephone Networks (MTN)

Nando’s Chickenland

Nedbank Limited

Nelson Mandela Metropolitan University

Norton Rose Fulbright

Old Mutual

Pieter Toerien Productions

Pinpoint One HR

Plascon South Africa (Pty) Ltd

PPC Cement

Prosound

Public Affairs Research Institute (PARI)

Purple Group Limited

Rand Merchant Bank

Redefine Properties

REDISA

Sabvest Limited

SACEF

SAMRO

Sanlam Ltd

Santam Ltd

Sasol

Sheer Publishing

Sibaya Casino & Entertainment Kingdom

Sondlo & Knopp Advertising

South African Post Office

Spier Holdings

Standard Bank of South Africa

Stephan Welz & Co (Pty) Limited

Strauss & Co

Stuttaford Van Lines – Fine Art

T.Musicman

TBWA Hunt Lascaris Holdings (Pty) Ltd

Telkom SA Ltd

The Brand Leadership Group

The Famous Idea

The Forum Company

The Ichikowitz Family Foundation

The Walt Disney Company Africa

TIXSA

Togu’na

Trainiac

Tsogo Sun Group

Yellowwoods Social Investments

Arts Members:Art Events

Arts & Culture Trust

Cape Town Opera

IZIKO South African National Gallery

Johannesburg Youth Orchestra Company

Minimax Performing Arts

Performing Arts Centre of the

Free State (PACOFS)

Richard Cock Music Enterprises CC

Source SA

Sue Martin Fine Art

Think Theatre

UJ Arts & Culture

WITS School of Arts

Friends of BASA:Hilton Lawler

Mandie van der Spuy

Shouldn’t your business be a member too?For further information contact

BASA on 011 447 2295/2182 or

e-mail: [email protected]

CONTENTSChairman’s Statement 2Vision and Mission 4Chief Executive Officer’s Review 6Governance 8Strategic Overview 10Grants and Report Back Status 14Schedule of Special Projects 36

ANNUAL FINANCIAL STATEMENTS

Independent Auditor’s Report 40Directors' Responsibilities and Approval 42Directors' Report 43Statement of Financial Position 44Statement of Comprehensive Income 44Statement of Changes In Equity 45Statement of Cash Flows 45Accounting Policies 46Notes to the Annual Financial Statements 47

The following supplementary information does not formpart of the annual financial statements and is unaudited: Unaudited Supplementary Schedule ‑ Detailed Income Statement 52

Kaylan Sabbadin and Michael Fu llard in J’Zel at the 2015 National Arts Festival. Photo CUEPIXKate Janse van Rensburg

Undermined featuring Nhlanhla Mkhwanazi at the 2015 National Arts Festival in Grahamstown. Picture by CuePix Sithasolwazi Kentane

National Arts Festival fireworks display. Picture by Marius Janse van Rensburg

#omnomnom featuring Gavin Krastin. Picture by Sarah Schafer

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CHAIRMAN’S STATEMENTKWANELE GUMBIOn behalf of the Board of Directors, it is my pleasure to submit the Annual Report of Business and Arts South Africa, to members and the Minister of Arts & Culture, the Honourable Nathi Mthethwa.The Business and Arts South Africa (BASA) model continues to deliver value to our stakeholders during a tight economic climate. Given the current challenges, we have seen some budgetary divestment from the arts, however we are still optimistic with the value of Arts in our society.

Many arts organisations are facing difficulties; some are on the brink of closure for various reasons ‑ notably poor management skills and shrinking fundraising opportunities. Through the expanding BASA Education Programme we are able to support the arts sector.

Our Africa focus is one of the most exciting prospects that BASA has embarked on in so many years. To learn, share and collaborate with other countries on the continent makes sense and is the right thing to do, creating a strong platform for the Arts and Culture to shape understanding within communities on the continent. This alignment is highly appreciated and it also recognises that we are one with Africa, where we both learn and teach together.

We are grateful for our longstanding partnership with the Department of Arts & Culture (DAC) which gives us the financial base from which to do our work, and it truly establishes a working Public Private Partnership. This collaboration has grown from strength to strength over the last 18 years. We thank the Minister of Arts & Culture, Minister Nathi Mthethwa for his support, and the Portfolio Committee for Arts & Culture in Parliament for their oversight.

Our business partners, and most importantly our members, give us credibility and support us in shaping our country through creative output. Our members see value in their association with us and, throughout the year, we have been able to demonstrate this through our diverse programmes.

In the next financial year, we will focus on delivering on our strategy and deepening our partnerships and network. From bespoke services to the Africa wide programmes, the expectation has been created that we execute these projects diligently. Over time, these focus areas will yield greater positive results for BASA and value to our members and stakeholders.

I would like to thank the BASA team individually for their sterling work and Michelle Constant, our CEO, in driving our mandate beyond the confines of our borders. Thank you for the hard work. We expect even greater positive results in the next financial year, where detail and depth will be hallmarks of our work.

As Chairman, I have the privilege of having a strong Board whose counsel I value greatly. Thank you to all our BASA Board members for their insight, passion and diligence. Also the Sub‑Committees who do excellent work in guiding our Board, thank you.

We look forward to great year, where we grow together with all our stakeholders.

Kwanele Gumbi Chairman, 21 July 2015 Cape Mongo (Metal). Photo by Anton Scholtz Anna-Mart van der Merwe and Dawid Minnaar in macbeth.slapeloos.

Photo by Marius Janse van Rensburg

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VISIONTO BE THE LEADING CONNECTOR CATALYST AND RESOURCE THAT SUPPORTS A BETTER UNDERSTANDING BY BUSINESS OF THE ARTS, AND CONTINUES TO ADVOCATE AN ARTS CULTURE IN OUR SOCIETY.

& MISSIONTO ENSURE THE RELEVANCE AND SUSTAINABILITY OF THE ARTS IN SOUTH AFRICA BY PROVIDING EXPERTISE IN DEVELOPING PARTNERSHIPS BETWEEN BUSINESS AND THE ARTS.

Both the vision and the mission are premised on the belief that the arts and culture have real value for all South Africans – for individuals, for communities and ultimately for the growth of civil society.

Business and Arts South Africa (NPC) was founded in 1997 as a joint initiative of the Department of Arts and Culture and the corporate sector, as part of a strategy to secure greater involvement in the arts and from businesses operating within South Africa.

Business and Arts South Africa (NPC) is accountable to its stakeholders – to government, its corporate members and to the arts sector. Business and Arts South Africa (NPC) is constituted in terms of the new companies act and is registered as a public benefit organization. Its delisting as a schedule 3 entity has seen Business and Arts South Africa (NPC) register for VAT.

Mandated to promote and encourage mutually beneficial and sustainable business‑arts partnerships, Business and Arts South Africa (NPC) has seen, through its commissioned research, that businesses generally fund the arts through marketing, CSI, BBBEE‑social economic development, enterprise development and human resources. Increasingly, corporate South Africa is aligning with the arts as a viable cost effective area of sponsorship, a progressive enabler and a valuable proponent of Shared Value.

Business and Arts South Africa (NPC) is committed to identifying opportunities within the arts for its business members, whether from a BBBEE, HR, Marketing or Corporate Social Investment prospective.

Indeed, many arts programmes offer clear engagement across both spheres of corporate activity, something few alternatives can provide. To achieve this, it is essential that Business and Arts South Africa (NPC) sustains engagement with the corporate sector, in particular its own corporate members, and with the arts sector, with specific focus on improving its profile and growing better business skills. Through its diverse projects – the BASA Education Programme, the Supporting Grant Scheme, Special Projects, Boardbank, Young Professionals, the Biannual Artstrack Research, the Business Sponsorship

Toolkit, the Arts Sponsorship Toolkit, the Arts In Business Forum, Africa Breakfasts supported by Standard Bank, The BASA Middel & Partners BBBEE SED Programme, the Shanduka Black Umbrellas Programme, the Business Day BASA Awards partnered with Hollard, and its bespoke consulting service, Business and Arts South Africa (NPC) continues to drive change in corporate sector thinking.

While encouraging the business sector to see arts sponsorship as a strategic business opportunity is fundamental to our philosophy, it is equally important to engender broader understanding of the role the arts can play within the socio‑economic framework. Experience shows that the arts and culture can be and are effectively integrated with an education, skills development, urban and rural regeneration, job creation, health and tourism. Less immediately tangible, but no less important, is their accepted value in addressing poverty of the mind, fighting social exclusion and thus growing civil society.

Cape Town City Ballet artists perform in Spring and Fall Le Sacre. Photo by CuePix - Mia van der Merwe

Ubu & the Truth Commission featuring Dawid Minnaar. Photo by Val Adamson

Giving Birth to My Father featuring Lihle Dlomo. Photo by Val Adamson

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CHIEF EXECUTIVE OFFICER’S REVIEWMICHELLE CONSTANT“Our education system tends to train us to come up with ‘the right answer’, which is the answer that everyone expects. Creativity, however, is unexpected by definition. It requires people to think differently to how they have been trained, and taught. As such, it is often incredibly difficult to support. It goes against the grain, against everything we ‘know’.” - Sharon Keith, Marketing Director, Coca Cola Southern Africa

The past year has been unbelievably tough and the shrinking growth rate has had a significant impact on how both business and individuals engage with the arts. That we have had a year filled with measurable

growth in this difficult environment ‑ and across all areas of our work ‑ is down to the remarkable abilities of our board and the BASA team.

Together, we have worked to implement our new strategy of voice, value and distribution. This exciting direction means we have placed further emphasis on advocacy, lobbying and the marketing of the arts to demonstrate the shared value of arts‑business partnerships, in many different and, we hope, impactful ways. In doing this, we want to play our role in averting what philosopher and intellectual Achille Mbembe calls “a crisis of imagination” that, unless recognised, means South Africa is “doomed to repeat ourselves".

BASA’s achievements over the past year include:

• Growth in business membership.• Continued Supporting Grant leverage

01:12 Business Support.• Growth of the Mentorship and BASA Education

Programme, supported by the British Council, RMB and the National Arts Council.

• The successful hosting of the 17th Annual BASA Awards, supported by Hollard.

• Growth and diversity in the awards entries, reflecting a broadening of BASA’s work.

• Africa Breakfast series, supported by Standard Bank, as well as the hosting of private dinners to further cement connections between business and arts representatives.

• A growing engagement on the African continent, with workshops in Zambia and Mozambique and other initiatives.

• The launch of our #artMOVESme campaign – an open source participatory and ongoing campaign that captures and shares the value of the arts for all members of society.

Working off the previous year’s strong base, we have used the past year to continue to highlight the importance of BASA as an institutional resource and knowledge hub. Once again our focus has been on developing opportunities of real shared value, using the arts as a progressive enabler for business, while

honing the entrepreneurial skills of the arts sector, in order to better access those opportunities.

In a very busy year, it is hard to select highlights but certainly it has been heartening to see the growth of the BASA Africa Business Breakfast, supported by Standard Bank. In May, the third in this ongoing series saw the Minister of Arts and Culture, Mr Nathi Mthethwa, address the audience – and even try his hand at playing the double bass on the stage of The Orbit in Braamfontein, where the breakfast was held. Minister Mthethwa was an honoured guest at the annual Business Day BASA Awards, partnered by Hollard, which were held in the historic Market Theatre, and celebrated a wide ‑ and gratifyingly diverse ‑ range of business and arts partnerships.

The growth, from strength to sustainablity, of our BASA Education Programme has also been a highlight of the 2014/2015 period. Supported by the National Arts Council and the British Council, this carefully constructed programme has been aimed at all levels of the arts sector nationwide. We are currently in the field with our Artstrack research, and, this time around, there is a particular emphasis on a deep analysis of specially selected case studies.

For the first time we have a BASA staff member playing an integral role in the Artstrack research. Madeleine Lambert took up the position of Monitoring and Evaluation and Research Officer mid‑June, and is now leading and overseeing research, monitoring and evaluation at BASA. We are also pleased that Mandisa and Onthatile, who joined us in the 2013/2014 year, are now fully fledged members of the incredible team that we have here at BASA. Lonwabo, Lakin, Jessica, Diana, Maureen and Tshepo all contribute to our work in different ways, but with a passion, energy and dedication that is visible for all to see.

Of course, without the ongoing support of the Department of Arts and Culture and the private sector, we would not be able to look back on such a dynamic year, so I would like to extend a big thank you to our partners. BASA’s unique ability to see real

cross‑sectoral engagement between the public, private and third sector is made possible by the continued belief by our partners in the work that we are doing.

Finally, a great many thanks to the artists who offer such value to society, and the business champions who believe in that value. In its determination not to fit into well recognised shapes, creativity isn’t easy to support. But, without it, the toughness of the current time would be truly unbearable.

Michelle Constant Chief Executive Officer, 5 August 2015

08 09

GOVERNANCEFOR THE YEAR ENDED 31 MARCH 2015All Board and committee members serve on a voluntary basis, and receive no remuneration from Business and Arts South Africa (NPC) for their time and expertise.

Three Board meetings are held annually; and are duly constituted and quorate.

One Annual General meeting is held annually; it is duly constituted and quorate.

Business and Arts South Africa records that its auditors, Grant Thornton, conduct five random audits of funded projects annually, to satisfy the board that projects are properly conducted and comply with the terms and conditions of the Business and Arts South Africa (NPC) Supporting Grant Scheme.

BOARD COMMITTEE: All board members.

AUDIT COMMITTEE: Christine McDonald (Chairman), Kwanele Gumbi, Herman Bosman and Lisa Tonini. The audit committee meets twice annually to review the six‑month interim review and year‑end financial statements.

EXECUTIVE COMMITTEE: Executive Committee meetings were held subject to the availability of Board members. Two Executive Committee meetings were held during the financial year ended 31 March 2015, supplemented by inclusion of Exco functions at the Board meetings throughout the year. The Board agreed that, as there was considerable overlap across committees, the contribution made by various individuals be rationalised, with the functions of the Human Resources and Audit Committee where possible being combined with Executive Committee meetings.

THE CORE EXECUTIVE COMMITTEE COMPRISES: Kwanele Gumbi (Chairman), Richard Cock, Monna Mokoena, Florence Thom and Gabriela Palacios‑Flusk.

HUMAN RESOURCES COMMITTEE: Executive Committee members make up the Human Resources Committee, as follows: Florence Thom, Gabriela Palacios‑Flusk and Matthew van der Want.

NOMINATIONS COMMITTEE: Kwanele Gumbi, Florence Thom and Monna Mokoena.

MARKETING COMMITTEE: Mandie van der Spuy, Gianni Mariano and Carel Nolte.

HUMAN RESOURCE MANAGEMENTFUNDERS

Catherine Eland and Unathi Xenti perform with The Christian Dance Academy presenting Fly, Eagle, Fly, An African Tale Told in Dance. Photo CuePix - Jane Berg

DEPARTMENT OF ARTS & CULTURE

CORPORATE MEMBERS OF BASA

BOARD OF DIRECTORS

SUB-COMMITTEESCHIEF EXECUTIVE OFFICER

HEAD OF PROGRAMMES & DEVELOPMENT

EXECUTIVE ASSISTANT & EVENTS COORDINATORMARKETINGMANAGER

BUSINESSSERVICESOFFICER

PROGRAMMES& GRANTSOFFICER

GENERAL ASSISTANT

PROJECT MANAGER:MENTORSHIPPROGRAMME

PROJECT MANAGER:EDUCATION

PROGRAMME

M&E& RESEARCH

OFFICER

PERSONNEL COSTS 2014/15

R'000

Total operating expenditure 3 714

Personnel 2 109

Skills Development Levy exempt

Pension Fund/retirement annuity ‑

Medical benefits 0

Unemployment insurance fund 16

Average personnel cost per employee 301

(Including 6 full time at BASA head office)

ALLOWANCESThere was no overtime, housing or other allowances made.

LABOUR RALATIONS

EMPLOYMENT EQUITY

Management

1 White female

1 Black male

Middle Management

2 African females

2 Coloured females

1 Black male

2 White females

Lower skilled

1 African female

HIV/AIDS PREVENTION & HEALTH PROMOTION Given the small size of Business and Arts South Africa (NPC), no formal programme has been instituted, separate from the HR policy. A complete HR policy is in place, which includes health and safety.

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STRATEGIC OVERVIEWIN RELATION TO KEY OBJECTIVES FOR THE YEAR ENDED 31 MARCH 2015Business and Arts South Africa (NPC) is mandated to build and secure partnerships between business and the arts, serving both sectors in ways that will achieve this objective. While Business and Arts South Africa (NPC) must promote its own identity to maintain its profile as an agency for partnership and support, this platform is extensively leveraged on behalf of business and of the arts. The strategies and related activities of Business and Arts South Africa (NPC) are ongoing and, for the most part, are linked with the flexibility to support all stakeholders: business, arts organisations and government.

Business and Arts South Africa (NPC) continues to position itself as a resource for its business members in terms of insights, knowledge and information both locally and through its engagement on the continent.

The strategy over the past year has been focused on scaling up in three key areas: • Intelligence, resources and research • Programmatic and organisation marketing • Education and skills capacity for the arts organisations

These areas are addressed, to varying degrees, across all three stakeholder areas: Business, the Arts sector and Government.

INTELLIGENCE AND RESOURCESI BESPOKE SERVICE CONSULTANCY FOR MEMBERS Business and Arts South Africa (NPC) offers personalised and strategic research to businesses that want to leverage their engagement with the arts. Through the years, Business and Arts South Africa (NPC) has become an important resource, supporting and tracking information about the arts and partnership opportunities, for its diverse members. 2014/2015 saw Business and Arts South Africa (NPC) engaging with DHL, Legalwise, Hollard Insurance, Standard Bank, RMB and many other business members.

II ADVOCACY Business and Arts South Africa (NPC) continues to make interventions in areas it considers critical for the sustainability of the arts sector:

i. The Arts and Taxation – Business and Arts South Africa (NPC) continues to raise the issue of tax deductions for giving to the arts. It is the contention of Business and Arts South Africa’s (NPC) that such philanthropy or donations would be encouraged by deductions being made available to the donor. In addition, examples elsewhere demonstrate how a culture of philanthropy contributes to infrastructural investment and skills development, from which flows employment and regeneration.

ii. Business and Arts South Africa crossing borders – Business and Arts South Africa, in partnership with Culture and Media Agency Europe (CUMEDIA), Belgium and the Mozambican Ministry of Culture, was awarded a grant by the European Union Africa, Caribbean and Pacific Group of States (ACP) to work extensively in Mozambique. The focus of this work is on the strengthening of the Mozambican Cultural Industries through capacity building, and the enhancement of the country’s legal framework. Business and Arts

South Africa implemented a series of workshops to Mozambican government officials and artists.

III FUNDING AND SPONSORSHIP OF THE ARTS Business and Arts South Africa (NPC) continues to lobby business with regards to their support of the arts by providing them with relevant partnership opportunities.

IV EVENTS AND BEST PRACTICE SEMINARS FOR MEMBERS This year our members enjoyed a series of arts events nationwide which included: • Foundry Dinners with influential people in

business, government and embassies• Sparticus – Joburg Theatre• Africa Breakfast Series• Brazil Breakfast• Arts in Business Forum

V BASA AWARDS The 17th Annual Business Day BASA Awards, partnered by Hollard, focused on business‑arts partnership conducted during 2013. Imaginative, innovative and cost‑effective partnerships between business and the arts were highlighted, demonstrating the potential for synergy, the window of mutual opportunity, and the far reaching benefits for business, for the arts, and for all South Africans.

The BASA Awards are the only South African awards that celebrate business partnerships with the arts, receiving over 160 entries ranging from large corporates to SMME’s. The Annual Business Day BASA Awards, partnered by Hollard, has played an important role in the changing face of business in the country.

The awards ceremony was held at the Market Theatre, which is renowned worldwide for brilliant anti‑apartheid plays, including Woza Albert, Asinamali, You Strike the Woman You Strike a Rock, Born in the RSA, as well as the premieres of many of Athol Fugard’s award‑winning dramas. In these and other ways, the Market Theatre’s history has been intertwined with the cultural, social and political struggle for freedom in South Africa. The

awards recognise the contribution of the business sector to the arts, across all genres, and encompassing a wide spectrum of partnerships, from small and in‑kind to large‑scale. An independent panel judged the awards, and the results were audited by Grant Thornton. The event was attended by over 400 captains of industry and members of government, including the Minister of Arts and Culture.

VI BUSINESS AND ARTS SOUTH AFRICA SUPPORTING GRANT SCHEME Funded by an allocation from the Department of Arts and Culture, this scheme continues to serve as a mechanism through which business and the arts can engage and achieve mutual benefit. Through these grants, BASA aims to equip the artist/arts organisation with the tools to support an approach to a potential sponsor, and to provide such a sponsor with the wherewithal to leverage the proposed partnership effectively. This has shifted the perception both of business towards the arts but also of the art vis –a‑ vis its own activities, within a broader context.

The grants encompass a wide range of activity attracting corporate sector support, and, where possible, BASA leverages the arts or culture project further through its own media partnerships. Supporting Capital Grants of R1 million leveraged a further R12 million in corporate sector spend.

VII BASA MIDDEL AND PARTNERS SED PROGRAMME Given the current B‑BBEE regulatory environment, BASA launched an online B‑BBEE Programme in partnership with business consulting and auditing firm Middel and Partners, who are also an IRBA approved B‑BBEE service provider. The programme offers the opportunity for business to channel its B‑BBEE socio – economic development (SED) contributions towards arts and culture, through an online service. The businesses simply select the arts organisation online that it wants to support and, after payment, receives the appropriate B‑BBEE credit and certificate. For the financial year 2014/15 the following organisations were selected as beneficiaries: Clowns Without Borders, Twist Development Projects and Imbali Visual Literacy Project.

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VIII ARTS IN BUSINESS How can the arts innovate business? That was the question that participants and speakers grappled with at the second BASA Arts in Business Symposium, supported by Business Day.

UK author, actor and teacher, Richard Hahlo was joined by Group Chief Marketing Officer at Hollard, Heidi Brauer as well as DNA Brand Architects founder, Sylvester Chauke in ensuring delegates left GIBS inspired, energised and full of new thoughts about the relationship between the arts and business in South Africa.

PROGRAMMATIC MARKETING (INSTITUTIONAL AND MEMBERSHIP)I QUARTERLY BULLETIN FOR MEMBERS AND WEBSITE The BASA Bulletin is emailed quarterly to members, offering the opportunity to promote their business‑arts activities. It highlights events and Best Practice in the Arts Sponsorship.

II MEDIA PARTNERSHIPS These were introduced by Business and Arts South Africa to counter the relative lack of media coverage of business‑ arts partnerships.

The content prepared for these partnerships is geared to address different objectives:• To mainstream the arts and culture activity.• To promote Business and Arts South Africa’s

profile within the business sector.• To promote Business sponsorship of the arts.

Different long –running partnerships have been established and Business and Arts South Africa (NPC) has initiated partnerships with organisations

which have large geographical footprints and differentiated audience reach. These are:• SAFM Current Affairs “Create”• Business Day TV• Classic FM• Creativefeel Magazine• Business Day Wanted Magazine• ED Channel

EDUCATIONI BASA EDUCATION PROGRAMME BASA remains committed to an expanded, innovative educational programme that seeks to ensure the relevance and sustainability of the arts in society. The three‑tier BASA Education Programme aims to address the strategic thrust of development and support of the arts.

i. BASA Basic: BASA Basic is aimed at arts organisations and individuals wishing to start a not–for‑profit organisation or, conversely, a for‑profit organisation. The programme aims to introduce emerging artists to the legal registration options and process available in terms of establishing an arts organisation, and further develop arts organisations to estsablish workable business models in order to take the organisation forward.

ii. BASA Dynamic: This programme is aimed at registered arts organisations with a basic business model and plan. The intention for the intermediate programme is to focus on the strategic objectives developed from the overall strategic business model/plan, and delve into specific areas of the business plan needing further strategy and tactics.

iii. BASA Professional: This programme is aimed at arts organisations that have been in operation for several years but are faced with strategic organisational challenges. The programme challenges established ways of thinking in terms of generating income and creating innovative business models to ensure long‑term sustainability. Furthermore,

organisations at this level may be paired up with a business mentor to further assist and advise the organisations in meeting their strategic goals.

II AUDIENCE DEVELOPMENT PROGRAMME - CONNECTING CREATIVE MARKETS Business and Arts South Africa partnered with the British Council’s Connect ZA programme in February 2014 on a new and exciting project aimed at significantly growing audience development skills within South Africa’s arts community.

The Audience Development project focuses intensely on training arts organisations to interrogate current audiences, to be able to significantly grow new audiences, and to become audience focused organisations.

Four fellows were recruited in October 2014 and sent to the UK in November 2014 to train in audience development strategies and techniques with the Arts Marketing Association (UK). Upon returning to South Africa, they were paired with two arts organisations each, a mixture of performing and visual arts, in Johannesburg and Cape Town. The findings of their 6 month placements will be available by the beginning of 2016, when we hope to have some interesting marketing strategies and case studies to share with the arts community at large via an animated online manual.

III BUSINESS AND ARTS SOUTH AFRICA’S MENTORSHIP PROGRAMME Designed to introduce better business skills into the arts sector. These include marketing, financial planning, audience development, cash flow management and much more.

IV BOARDBANK SOUTH AFRICA Boardbank gives arts organisations access to passionate, skilled professionals as potential board members. It also acts as a connector for professionals who want to engage with an arts organisation in a real and effective way. This is achieved by providing professionals with the opportunity to voluntarily sit on the board of an arts organisation,

thereby helping make the arts sector more sustainable by improving corporate governance, while providing business professionals with the opportunity to expand their own Social Investment (SI) responsibility within the arts sector.

V IMPLEMENTED REGULAR COMMUNICATION With a national database of arts organisations, Business and Arts South Africa (NPC) has implemented regular communication to its cultural database. This information includes national market related stories, reviews and more.

VI PRO BONO ASSISTANCE AND ADVOCACY Legal firms Norton Rose Fulbright, Adams and Adams and Probono.org continue to offer pro bono assistance to bona fide arts and culture organisations identified and introduced by Business and Arts South Africa (NPC), across a range of issues, giving the arts sector access to top quality legal expertise.

VII RMB INTERNSHIP This programme was started five years ago in partnership with RMB. The aim of the programme is to train passionate, young South Africans in all aspects of arts management, through hands‑on experience at BASA. Amongst the opportunities offered by the BASA intern position are networking, access to training and a deeper understanding of the needs of both business and arts. The internship programme can lead to better skills and job creation.

VIII YOUNG PROFESSIONALS The programme focuses on shaping a new generation of business leaders who are keen to take an active role in the arts community/ sector.

IX SHANDUKA BLACK UMBRELLAS This partnership with Shanduka Black Umbrellas is part of an on–going commitment to provide arts organisations and practitioners with the skills to run their own business.

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GRANTS AND REPORT BACK STATUSFINANCIAL YEAR END 31 MARCH 2015

SPONSORS:The Cape GraceThe Belmond Mount Nelson

RECIPIENT ORGANISATION: Buntuzim Media Production

PROJECT/EVENT: The Nkanyezi Gallery at The Mount Nelson DATE OF EVENT: On-going

AREA: Western Cape TYPE: Visual Art

SUPPORTING GRANT: R20 000,00 DATE FUNDED: 28th May 2014

REPORT BACK: No

SPONSORS: Distell Foundation

RECIPIENT ORGANISATION: Cape Craft & Design Institute

PROJECT/EVENT: The Story of Food – From Then to Now DATE OF EVENT: 12th May – 12th October 2014


SUPPORTING GRANT: R40 000,00 DATE FUNDED: 1st August 2014

REPORT BACK: No

SPONSORS:NashuaKwa-Zulu Natal Department of Arts & Culture

RECIPIENT ORGANISATION: Msunduzi Pietermaritzburg Tourism Association

PROJECT/EVENT: Art in the Park DATE OF EVENT: 12th May 2014

AREA: Kwa-Zulu Natal TYPE: Visual Art

SUPPORTING GRANT: R20 000,00 DATE FUNDED: 27th August 2014

REPORT BACK: No

TOTAL NUMBER OF GRANTS MADE BY BUSINESS AND ARTS SOUTH AFRICAAS AT 31 MARCH 2015Report back

1358889

Grants made during period 01 April 2014 to 31 March 2015

99

Report backs received as at 31 March 2015 55

GRANTS BY BUSINESS SECTOR %Educational Institution/University 4.41

Financial 4.41

Food & Beverage 11.89

Foreign Embassy 1.32

Foundations/Trusts 7.49

Funding Agency 1.76

Haircare, Health & Beauty 0.44

Hotel & Leisure 9.69

Individual 2.20

Industrial 3.52

Investment 2.20

IT/Computer Services 4.41

Legal 4.41

Local Municipality 3.96

Manufacturing 4.85

Media & Entertainment 14.10

Mining 0.44

National Government 0.88

PR & Communications 0.44

Provincial Government 1.76

Real Estate 1.76

Retail 2.20

Sport & Recreation 0.44

Technology 0.44

Transport 0.88

Unassigned 0.44Various 0.88

GRANTS BY ARTS DISCIPLINE %Craft 1.85

Dance 9.26

Education 12.04

Festival 12.96

Literature 1.85

Multi-Discipline 14.81

Music 12.96

Theatre 13.89

Visual Art 20.37

GRANTS BY PROVINCE %Eastern Cape 9.26

Gauteng 31.48

Kwa-Zulu Natal 18.52

Limpopo 4.63

Mpumalanga 0.93

National 3.70

North West Province 1.85

Western Cape 29.63

GRANTS BY STRATEGY %Education 16.67

Professional 46.29

Underserved Communities 19.44

Women 0.93

Youth 16.67

Void, on 1 July 2015 at the National Arts Festival. Rhodes student production. Photo CuePix - Amanda Horsfield

16 17

SPONSORS:SparTshidaho Construction

RECIPIENT ORGANISATION: LigSak Events & Consultant

PROJECT/EVENT: Spar Music Festival DATE OF EVENT: 26th December 2014

AREA: Limpopo TYPE: Multi-Discipline


REPORT BACK: Yes

SPONSORS: Monster Energy Drinks

RECIPIENT ORGANISATION: Z'mele

PROJECT/EVENT: Scrambles 4 Money DATE OF EVENT: 26th April 2014

AREA: Gauteng TYPE: Dance


REPORT BACK: Yes

SPONSORS: Hilti Foundation

RECIPIENT ORGANISATION: Umculo NPC/Cape Festival

PROJECT/EVENT: Our Stories/Comfort Ye DATE OF EVENT: 1st May 2014

AREA: Western Cape TYPE: Multi-Discipline


REPORT BACK: Yes

SPONSORS:Mandela Bay Development AgencyNelson Mandela Metropolitan UniversityAlliance Francaise

RECIPIENT ORGANISATION: Art Events

PROJECT/EVENT: Wish You Were Here DATE OF EVENT: 19th September 2014

AREA: Eastern Cape TYPE: Visual Art

SUPPORTING GRANT: R35 000,00 DATE FUNDED: 30th June 2014

REPORT BACK: Yes

SPONSORS:

Tollman Bouchard FinlaysonSanlamOverstrand MunicipalityStandard Bank

PSGHermanus TimesDyer Island Cruises

RECIPIENT ORGANISATION: Hermanus Tourism Bureau

PROJECT/EVENT: Hermanus FynArts DATE OF EVENT: 6th June 2014

AREA: Western Cape TYPE: Festival


REPORT BACK: Yes

SPONSORS: PPC Cement

RECIPIENT ORGANISATION: Cool Capital 2014 Biennale/Mathews & Associates Architects CC

PROJECT/EVENT: Cool Capital & PPC Cement Public Bench Project DATE OF EVENT: 7th July 2014

AREA: Gauteng TYPE: Craft


REPORT BACK: Yes

SPONSORS:IDC ArchitectsXhobani Securities

RECIPIENT ORGANISATION: Vamuch Multi Media

PROJECT/EVENT: LG – Eye for an Eye DATE OF EVENT: 7th May 2014

AREA: Eastern Cape TYPE: Theatre


REPORT BACK: Yes

SPONSORS:TBWA Hunt Lascaris Holdings (Pty) LtdCitadel Wealth ManagementPlascon South Africa (Pty) Ltd

RECIPIENT ORGANISATION: The Rotary Club of Kloof

PROJECT/EVENT: Festival in the Hills DATE OF EVENT: 1st August 2014

AREA: Kwa-Zulu Natal TYPE: Festival


REPORT BACK: Yes

SPONSORS:Jay PemaShereno Printers

RECIPIENT ORGANISATION: Jazzy Masala Creative

PROJECT/EVENT: Badtamasti DATE OF EVENT: 6th September 2014

AREA: Gauteng TYPE: Multi-Discipline

SUPPORTING GRANT: R25 000,00 DATE FUNDED: 2nd July 2014

REPORT BACK: Yes

SPONSORS:Rand Merchant BankUJ Arts & Culture

RECIPIENT ORGANISATION: The Forgotten Angle Theatre Collaborative

PROJECT/EVENT: International Artistic Residency DATE OF EVENT: 15th September 2014



REPORT BACK: Yes

18 19

SPONSORS:Grindrod Bank LimitedThe Witness

RECIPIENT ORGANISATION: The Hiltonian Society

PROJECT/EVENT: The Witness Hilton Arts Festival 2014 DATE OF EVENT: 18th September 2014



REPORT BACK: Yes

SPONSORS:SAMROAlliance Francaise

RECIPIENT ORGANISATION: South African History Archive (SAHA)

PROJECT/EVENT: Shifty September DATE OF EVENT: July – October 2014



REPORT BACK: No

SPONSORS:SAMROUCT Vice ChancellorSekunjalo

RECIPIENT ORGANISATION: South African Association for Jazz Education (SAJE)

PROJECT/EVENT: 24th IASJ Jazz Meeting DATE OF EVENT: 22nd June 2014

AREA: Western Cape TYPE: Music


REPORT BACK: Yes

SPONSORS: The Times

RECIPIENT ORGANISATION: Encounters Training & Development Institute

PROJECT/EVENT: 16th Encounters South African International Documentary Festival DATE OF EVENT: 5th June 2014

AREA: National TYPE: Festival

SUPPORTING GRANT: R50 000,00 DATE FUNDED: 2nd July 2014

REPORT BACK: Yes

SPONSORS: Lanxess Cisa

RECIPIENT ORGANISATION: Music is a Great Investment (MIAGI)

PROJECT/EVENT: Culture and the Culture of Civil Courage DATE OF EVENT: 1st September 2014



REPORT BACK: No

SPONSORS: Black Like Me

RECIPIENT ORGANISATION: Wits Art Museum

PROJECT/EVENT: Doing Hair: Hair and Art in Africa DATE OF EVENT: 19th August 2014

AREA: Gauteng TYPE: Visual Art


REPORT BACK: Yes

SPONSORS: UBS South Africa (Pty) Ltd

RECIPIENT ORGANISATION: Zelda Productions cc

PROJECT/EVENT: Geneva Ballet South Africa 2014 DATE OF EVENT: 4th – 10th July 2014

AREA: National TYPE: Dance


REPORT BACK: Yes

SPONSORS:Mr Sampie HammanEagle Ink Systems & Continental Printing Inks

RECIPIENT ORGANISATION: South African Dance Teachers Association (KZN)

PROJECT/EVENT: Shall We Dance DATE OF EVENT: 5th September 2014

AREA: Kwa-Zulu Natal TYPE: Dance


REPORT BACK: Yes

SPONSORS:De Beers Group Services (PTY) LTDNational Arts CouncilDance Umbrella Commission

RECIPIENT ORGANISATION: Vuyani Dance Theatre

PROJECT/EVENT: 7 Pillars DATE OF EVENT: 2nd August 2014



REPORT BACK: No

SPONSORS: Nedbank Limited

RECIPIENT ORGANISATION: Arts & Culture Trust

PROJECT/EVENT: Arts & Culture Trust 20-year Celebration DATE OF EVENT: May – November 2014

AREA: Gauteng TYPE: Literature


REPORT BACK: Yes

20 21

SPONSORS: Metropolitan Health Corporate (Pty) Ltd

RECIPIENT ORGANISATION: Human Rights Media Centre

PROJECT/EVENT: Albinism Anti-Discrimination Project DATE OF EVENT: On-going

AREA: National TYPE: Literature

SUPPORTING GRANT: R25 000,00 DATE FUNDED: 2nd September 2014

REPORT BACK: Yes

SPONSORS: Huge Entertainment

RECIPIENT ORGANISATION: Madlokovu Youth Development Foundation – MYDF

PROJECT/EVENT: Artist Incubator & Development Project DATE OF EVENT: 28th July 2014

AREA: Kwa-Zulu Natal TYPE: Education


REPORT BACK: Yes

SPONSORS: SAE Institute South Africa Pty Ltd

RECIPIENT ORGANISATION: Black Mango

PROJECT/EVENT: Breathe Sunshine Engage DATE OF EVENT: 3rd October 2014

AREA: Gauteng TYPE: Music


REPORT BACK: Yes

SPONSORS: Fruit & Veg City Holdings (PTY) LTD

RECIPIENT ORGANISATION: Cape Dance Company

PROJECT/EVENT: Cape Dance Company Summer Season 2014 DATE OF EVENT: 1st November 2014

AREA: Western Cape TYPE: Dance

SUPPORTING GRANT: R20 000,00 DATE FUNDED: 9th October 2014

REPORT BACK: Yes

SPONSORS: Barclays Africa Group Limited

RECIPIENT ORGANISATION: The Assemblage Trust

PROJECT/EVENT: Degrees of Separation DATE OF EVENT: 7th September 2014


SUPPORTING GRANT: R20 000,00 DATE FUNDED: 1st October 2014

REPORT BACK: Yes

SPONSORS: Tsogo Sun

RECIPIENT ORGANISATION: Individual – Sue Clarence

PROJECT/EVENT: Adult Panto 2014 "Sinder-fella" DATE OF EVENT:12th November – 30th December 2014

AREA: Kwa-Zulu Natal TYPE: Theatre


REPORT BACK: Yes

Geneva Ballet dancers in Le Songe d’une Nuit d’été (A Midsummer Night's Dream). Photo by Cuepix - Mia van der Merwe

22 23

SPONSORS:City of JohannesburgCoca ColaSAB

RECIPIENT ORGANISATION: Eldos Arts Festival (Pty) Ltd

PROJECT/EVENT: Eldos Arts and Jazz Festival DATE OF EVENT: 1st September 2014



REPORT BACK: Yes

SPONSORS: DAT – Wales and Associates

RECIPIENT ORGANISATION: Individual – Samuel Ayunke

PROJECT/EVENT: Expression Youth Festival DATE OF EVENT: April – October 2014



REPORT BACK: No

SPONSORS: Grindrod Bank Limited

RECIPIENT ORGANISATION: Music Voyage

PROJECT/EVENT: Frank Sinatra and Friends DATE OF EVENT: 9th August 2014

AREA: Kwa-Zulu Natal TYPE: Music


REPORT BACK: Yes

SPONSORS:Sakata Seed Southern Africa (Pty) LtdBuitengeluk RestaurantBrandhouse

RECIPIENT ORGANISATION: Apollo Music Trust

PROJECT/EVENT: Gourmet Dinner 'The World in One Country – The Netherlands' DATE OF EVENT: 5th September 2014



REPORT BACK: Yes

SPONSORS:Sakata Seed Southern Africa (Pty) LtdThe Gardener Magazine

RECIPIENT ORGANISATION: Apollo Music Trust

PROJECT/EVENT: In Tune with Nature DATE OF EVENT: 23rd August 2014



REPORT BACK: Yes

SPONSORS:Pam Golding PropertiesJonathan Ball PublishersExclusive Books

RECIPIENT ORGANISATION: Knysna Literary Festival

PROJECT/EVENT: Knysna Literary Festival DATE OF EVENT: 18th March 2015


SUPPORTING GRANT: R40 000,00 DATE FUNDED: 4th November 2014

REPORT BACK: Yes

SPONSORS: Rex Trueform Clothing Company Ltd

RECIPIENT ORGANISATION: Individual – Ilze Wolff

PROJECT/EVENT: Open House Architectural Tour and Exhibition: Rex Trueform Factory DATE OF EVENT: 15th August 2014



REPORT BACK: No

SPONSORS:

Acacia CottageThe Artist's CottageAt 85 on ChurchKaroo Khaya Guest HouseHome Hardware

Thupelo Cape TownABSAMetropolitan LifeDorpsplaas Cottage

RECIPIENT ORGANISATION: Prince Albert Art Festival

PROJECT/EVENT: PArt 2014 DATE OF EVENT: 18th September 2014


SUPPORTING GRANT: R20 000,00 DATE FUNDED: 31st March 2015

REPORT BACK: Yes

SPONSORS:REDISAPatrice Motsepe Foundation

RECIPIENT ORGANISATION: Puku Children's Literature Foundation

PROJECT/EVENT: Puku Story Festival DATE OF EVENT: 22nd February 2015

AREA: Eastern Cape TYPE: Multi-Discipline


REPORT BACK: Yes

SPONSORS: Stellenbosch Enterprise and Entrepreneur Development

RECIPIENT ORGANISATION: Arts Township International

PROJECT/EVENT: Kayamandi Creative District DATE OF EVENT: On-going



REPORT BACK: No

24 25

SPONSORS: Green Room Design & Communication

RECIPIENT ORGANISATION: Individual – Bob Eveleigh

PROJECT/EVENT: Show Time Theatre Awards 2015 DATE OF EVENT: 23rd – 31st January 2015



REPORT BACK: Yes

SPONSORS:

Rupert Music FoundationStellenbosch UniversityAckerman Family TrustNaspersRudolph Gouws

Art Mentor FoundationDistellHet Jan Marais FondsThe L & S Chiappini TrustDie Rupert-Musiekstigting

RECIPIENT ORGANISATION: Stellenbosch International Chamber Music Festival

PROJECT/EVENT: Stellenbosch International Chamber Music Festival DATE OF EVENT: 4th July 2014



REPORT BACK: Yes

SPONSORS: Mafade Trading

RECIPIENT ORGANISATION: Tiakeni Pottery and Multi-Purpose Cooperative

PROJECT/EVENT: Tiakeni Pottery and Multi-Purpose Cooperative Limited DATE OF EVENT: July – December 2014

AREA: Limpopo TYPE: Visual Art


REPORT BACK: No

SPONSORS: SAMRO

RECIPIENT ORGANISATION: NewMusicSA

PROJECT/EVENT: Unyazi IV Festival DATE OF EVENT: 10th September 2014

AREA: Gauteng TYPE: Festival


REPORT BACK: Yes

SPONSORS:InvestecPacific Paramount Properties (Pty) LtdOnPointe Dance Theatre

RECIPIENT ORGANISATION: iKapa Dance Theatre Productions

PROJECT/EVENT: Youth Dance Development DATE OF EVENT: On-going

AREA: Western Cape TYPE: Education


REPORT BACK: No

SPONSORS:Ngangalala Trading CCEnvynient Projects

RECIPIENT ORGANISATION: Z'mele

PROJECT/EVENT: Z'mele Arts Training and Employment Programme DATE OF EVENT:18th August 2014 – 18th May 2015

AREA: Gauteng TYPE: Education


REPORT BACK: No

SPONSORS: Rand Merchant Bank

RECIPIENT ORGANISATION: Individual – Neka Da Costa

PROJECT/EVENT: Wretched DATE OF EVENT: 1st July 2014



REPORT BACK: Yes


RECIPIENT ORGANISATION: The Forgotten Angle Theatre Collaborative

PROJECT/EVENT: Springloaded DATE OF EVENT:30th October – 1st November 2014



REPORT BACK: Yes

SPONSORS:Investec Bank LtdCzech Embassy

RECIPIENT ORGANISATION: Market Theatre Foundation

PROJECT/EVENT: The Voice of Anne Frank DATE OF EVENT: 20th August 2014

AREA: Gauteng TYPE: Theatre


REPORT BACK: Yes


RECIPIENT ORGANISATION: BEAM

PROJECT/EVENT: 3rd Annual Dance Day DATE OF EVENT: 6th September 2014



REPORT BACK: No

26 27

SPONSORS:Rand Merchant BankZoo Biscuit

RECIPIENT ORGANISATION: The Magnet Theatre Educational Trust

PROJECT/EVENT: The 15th Clanwilliam Arts Project DATE OF EVENT: 8th August 2014

AREA: Western Cape TYPE: Education


REPORT BACK: Yes

SPONSORS: The Lyric Theatre

RECIPIENT ORGANISATION: 4Change Foundation

PROJECT/EVENT: 4Change Schools Challenge DATE OF EVENT: 15th October 2014


SUPPORTING GRANT: R10 000,00 DATE FUNDED: 30th December 2014

REPORT BACK: No

SPONSORS: Ricochet Publishing

RECIPIENT ORGANISATION: Galerie Noko

PROJECT/EVENT: A Shade of Pink DATE OF EVENT: 14th October 2014



REPORT BACK: Yes


RECIPIENT ORGANISATION: Handspring Puppet Company

PROJECT/EVENT: Fabricate DATE OF EVENT: 30th October 2014

AREA: Western Cape TYPE: Craft


REPORT BACK: No

SPONSORS:Rupert Music FoundationSage VIP

RECIPIENT ORGANISATION: Gauteng Philharmonic Orchestra

PROJECT/EVENT: Gauteng Philharmonic Orchestra DATE OF EVENT: On-going



REPORT BACK: Yes

SPONSORS:Rand Merchant BankCity of JohannesburgDepartment of Arts and Culture

RECIPIENT ORGANISATION: Lutheran Community Outreach Foundation

PROJECT/EVENT:Hillbrow Theatre Project: Inner City High Schools Drama Festival 10th Anniversary Book

DATE OF EVENT: March – October 2014



REPORT BACK: No

SPONSORS: Paul Cluver

RECIPIENT ORGANISATION: Thembalitsha Foundation

PROJECT/EVENT: Hope @ Paul Cluver DATE OF EVENT: 1st November 2014



REPORT BACK: Yes

SPONSORS:International Delphic GamesRedbullCastle Lite

BOS Ice TeaeThekwini MunicipalityThe Winston Pub

RECIPIENT ORGANISATION: Ilifindo Pty Ltd

PROJECT/EVENT: Interpret Durban DATE OF EVENT: 28th November 2014



REPORT BACK: Yes

SPONSORS: Adapt IT Holdings Limited

RECIPIENT ORGANISATION: The Rotary Club of Kloof

PROJECT/EVENT: Kloof Rotary Durban "POPS" DATE OF EVENT: 15th November 2014



REPORT BACK: Yes

SPONSORS:Spoor and FisherGrowthpoint PropertiesHorwath Leveton Boner

RECIPIENT ORGANISATION: Opera Africa

PROJECT/EVENT: Opera Africa Youth Development, Training and Mentorship Programme DATE OF EVENT: On-going



REPORT BACK: Yes

28 29

SPONSORS:Distell FoundationDagbreek Trust

Rupert Music FoundationHet Jan Marais Foundation

RECIPIENT ORGANISATION: Oude Libertas Amphitheatre

PROJECT/EVENT: Oude Libertas Amphitheatre Summer Season 2014-2015 DATE OF EVENT: 14th November 2014



REPORT BACK: Yes

SPONSORS: Iyasimama (Pty) LTD

RECIPIENT ORGANISATION: Sakhiwo Arts and Skills Development Centre

PROJECT/EVENT: There! Lays Ubuntu DATE OF EVENT: 12th October 2014



REPORT BACK: No

SPONSORS:Huntessential FishfantasticNolandsArts & Culture Trust

RECIPIENT ORGANISATION: Wakkerstroom Music Festival

PROJECT/EVENT: Wakkerstroom Music Festival DATE OF EVENT: 1st August 2014

AREA: Mpumalanga TYPE: Festival


REPORT BACK: Yes

SPONSORS:Auto & General InsuranceDistellOffCentre Design & Print

The Lyric TheatrePercy Tucker

RECIPIENT ORGANISATION: Naledi Theatre Awards

PROJECT/EVENT: 2014 Naledi Theatre Awards DATE OF EVENT: 14th April 2015



REPORT BACK: No

SPONSORS: Creative Block

RECIPIENT ORGANISATION: The Contemporary Art Development Trust

PROJECT/EVENT: Art Week Cape Town DATE OF EVENT: 27th November 2014



REPORT BACK: No

Hugh Masekela in Concert at National Arts Festival 2014. Photo by CuePix - Harold Gess

30 31

SPONSORS:Cape Town International AirportHCI Foundation

RECIPIENT ORGANISATION: Cape Town Festival

PROJECT/EVENT: Community Festivals DATE OF EVENT: October 2014 – March 2015



REPORT BACK: No

SPONSORS: Sijongo Trading CC

RECIPIENT ORGANISATION: Individual – Thabile Ngema

PROJECT/EVENT: Dust to Fame DATE OF EVENT: 22nd January 2015

AREA: Kwa-Zulu Natal TYPE: Multi-Discipline


REPORT BACK: No

SPONSORS: Amalgamated Beverage Industries

RECIPIENT ORGANISATION: The National School of the Arts

PROJECT/EVENT: Festival of Fame (FoF) DATE OF EVENT: 9th March 2015



REPORT BACK: Yes

SPONSORS: RCL Foods

RECIPIENT ORGANISATION: Catalina UnLtd

PROJECT/EVENT: Festive Season Bouquet of Shows DATE OF EVENT: 1st December 2014


SUPPORTING GRANT: R10 000,00 DATE FUNDED: 29th January 2015

REPORT BACK: No

SPONSORS: Peninsula Pneumatics

RECIPIENT ORGANISATION: Individual – James Clayton

PROJECT/EVENT: Flower Spider DATE OF EVENT: 1st February 2015



REPORT BACK: Yes

SPONSORS: Leswikana Driving Academy

RECIPIENT ORGANISATION: Wake Up Productions

PROJECT/EVENT: Friendship Awareness DATE OF EVENT: 11th December 2014

AREA: Limpopo TYPE: Theatre


REPORT BACK: Yes

SPONSORS: Mulakhulu Business Consulting cc

RECIPIENT ORGANISATION: Musengavhadzimu Media

PROJECT/EVENT: Independent Artist Magazine Launch DATE OF EVENT: 2nd January 2015

AREA: Limpopo TYPE: Multi-Discipline


REPORT BACK: No

SPONSORS:Babizeni Communications ccUkhozi FMeThekwini Municipality

Department of Arts and CultureBat Centre

RECIPIENT ORGANISATION: Individual – Mzwakhe Kunene

PROJECT/EVENT: Madala Kunene Returns From New York DATE OF EVENT: 3rd January 2015



REPORT BACK: No

SPONSORS: Gonzo Entertainment

RECIPIENT ORGANISATION: Individual – Zama Msibi

PROJECT/EVENT: Makafe DATE OF EVENT: 13th February 2015



REPORT BACK: No

SPONSORS:Independent NewspapersTwist Theatre DevelopmentCatalina Theatre

RECIPIENT ORGANISATION: Performing Arts Network of South Africa (PANSA)

PROJECT/EVENT: Musho! Theatre Festival 2015 – 10th Edition DATE OF EVENT: 14th January 2015

AREA: Kwa-Zulu Natal TYPE: Multi-Discipline


REPORT BACK: Yes

SPONSORS:Ricochet PublishingFredericks IncorporatedFD Wibie Investments

RECIPIENT ORGANISATION: Galerie Noko

PROJECT/EVENT: NewNowNext Eastern Cape 2014 DATE OF EVENT: 16th December 2014



REPORT BACK: No

32 33

SPONSORS:Clear as a BellBrightsparx Sign Co

RECIPIENT ORGANISATION: The Port Elizabeth Gilbert and Sullivan Society

PROJECT/EVENT: Page 2 Stage DATE OF EVENT: 1st March 2015



REPORT BACK: No

SPONSORS: RCL Foods

RECIPIENT ORGANISATION: Catalina UnLtd

PROJECT/EVENT: Sophiatown DATE OF EVENT: 20th January 2015



REPORT BACK: No

SPONSORS:SanlamMedia 24Die Burger

kykNETHet Jan Marais

RECIPIENT ORGANISATION: Stellenbosch University Woordfees & WOW

PROJECT/EVENT: Stellenbosch University Woordfees & WOW DATE OF EVENT: 6th March 2015



REPORT BACK: Yes

SPONSORS: Blue Turtle Technologies

RECIPIENT ORGANISATION: Art of Motion NPC

PROJECT/EVENT: The best of... DATE OF EVENT: 17th January 2015



REPORT BACK: No

SPONSORS:Ados Trading EnterpriseEupaphany Trading cc

RECIPIENT ORGANISATION: Individual – Mthobisi Mngadi

PROJECT/EVENT: Visualize Art DATE OF EVENT: 16th January 2015



REPORT BACK: No

SPONSORS:SAMRO FoundationSekunjalo Investments Limited

RECIPIENT ORGANISATION: South African Association for Jazz Education - SAJE

PROJECT/EVENT: 4th SAJE Jazz Festival DATE OF EVENT: 29th March 2015


SUPPORTING GRANT: R10 000,00 DATE FUNDED: 6th March 2015

REPORT BACK: Yes

SPONSORS:Shereno PrintersNational Arts Council

RECIPIENT ORGANISATION: Jazzy Masala Creative

PROJECT/EVENT: Badtamasti Returns DATE OF EVENT: 21st February 2015



REPORT BACK: Yes

SPONSORS:Hilti FoundationPorticus Foundation

RECIPIENT ORGANISATION: Umculo Festival

PROJECT/EVENT: Comfort Ye/Opera World Premiere in Cape Town DATE OF EVENT: 1st February 2015



REPORT BACK: No

SPONSORS:Bouchard Finlayson (PTY) LtdHermanus TimesWindsor Hotel

Bona Dea Private EstateThe Marine HotelOverstrand Municipality

RECIPIENT ORGANISATION: Hermanus Tourism Bureau

PROJECT/EVENT: Hermanus FynArts DATE OF EVENT: 5th June 2015



REPORT BACK: Yes

SPONSORS:Mbende ServicesUniversity of Kwa-Zulu Natal

RECIPIENT ORGANISATION: Individual – Londiwe Ngema

PROJECT/EVENT: Next Stop: Grahamstown DATE OF EVENT: February – July 2015



REPORT BACK: No

34 35

SPONSORS: Global Art Information

RECIPIENT ORGANISATION: Art Source South Africa

PROJECT/EVENT: Professional Practice in the Visual Arts DATE OF EVENT: 1st March 2015

AREA: National TYPE: Education


REPORT BACK: No

SPONSORS: Spar

RECIPIENT ORGANISATION: Slow Festival

PROJECT/EVENT: Sedgefield Slow Festival DATE OF EVENT: 3rd April 2015



REPORT BACK: No

SPONSORS:Silulo Ulutho TechnologiesDepartment of Culture Affairs and SportNational Arts Council

RECIPIENT ORGANISATION: African Tales

PROJECT/EVENT: The Roving Theatre DATE OF EVENT: 27th February 2015



REPORT BACK: Yes

SPONSORS: Versus Paint Specialists (Pty) Ltd

RECIPIENT ORGANISATION: On the Beat Communications

PROJECT/EVENT: Turning 16 days into 365 days DATE OF EVENT:November 2014 – October 2015



REPORT BACK: No

SPONSORS: Omnico Pty Ltd

RECIPIENT ORGANISATION: Individual – Delicia Mbongwa

PROJECT/EVENT: TWENTY Journey DATE OF EVENT: May – December 2014



REPORT BACK: No

SPONSORS: JSE Limited

RECIPIENT ORGANISATION: Sacred Heart College

PROJECT/EVENT: Three2Six project DATE OF EVENT: On-going



REPORT BACK: No

SPONSORS:Red Bull Holdings South Africa (Pty) LtdPlasconStep Up

ConverseTommy

RECIPIENT ORGANISATION: Ilifindo Pty Ltd

PROJECT/EVENT: Box Project DATE OF EVENT: 1st May 2015



REPORT BACK: No


RECIPIENT ORGANISATION: Michaelhouse

PROJECT/EVENT: Michaelhouse Music Festival DATE OF EVENT: 24th April 2015



REPORT BACK: No

SPONSORS:CarfaxMidrand Real Estate (Pty) LtdHeidi Kurth

RECIPIENT ORGANISATION: Wits Art Museum (WAM)

PROJECT/EVENT: Peter Schutz: An eye on the world DATE OF EVENT: 9th June 2015



REPORT BACK: No

SPONSORS:Tiang Cooperative LtdNorth West Arts & Culture Council

RECIPIENT ORGANISATION: Keiko Productions

PROJECT/EVENT: Drama Workshops DATE OF EVENT: 20 – 24 July 2015

AREA: North West TYPE: Education


REPORT BACK: No

36 37

SPONSORS:SparManyisa Associates (Pty) LtdSAB

RECIPIENT ORGANISATION: LigSak Events and Consultants

PROJECT/EVENT: Spar Music Festival DATE OF EVENT: 26th December 2015

AREA: Limpopo TYPE: Music


REPORT BACK: No

SPONSORS: Strauss & Co

RECIPIENT ORGANISATION: Association for Visual Arts (AVA) Gallery

PROJECT/EVENT: The AVA Printmaking Residency DATE OF EVENT: 9th June 2015



REPORT BACK: No

SPONSORS: Distell

RECIPIENT ORGANISATION: Suidoosterfees

PROJECT/EVENT: Theatre Development Production DATE OF EVENT: 27th April 2015

AREA: Western Cape TYPE: Theatre


REPORT BACK: Yes


RECIPIENT ORGANISATION: Lefika La Phodiso – The Art Therapy Centre

PROJECT/EVENT: Train the Trainer DATE OF EVENT: On-going



REPORT BACK: No

TOTAL GRANTS MADE FOR THE YEAR ENDING 31 MARCH 2015 R2 117 175.00

The Baobab featuring Mandla Moyo. Photo by Val Adamson A man called Rolex featuring Soren Ovesen. Photo by Niamh Walsh-Vorster

38 39

SCHEDULE OF SPECIAL PROJECTSBUSINESS AND ARTS SOUTH AFRICA FOR YEAR END 2014/15

PROJECT ACT UJ Conference 2015

DESCRIPTION

The Arts & Culture Trust (ACT) and UJ Arts & Culture (University of Johannesburg) hosted the 3rd ACT UJ Conference entitled “Creatives Make It Happen”. The conference drew knowledgeable local, continental and international speakers and panellists, all of whom covered a wide range of topics related to entrepreneurial thinking within the creative sectors.

PURPOSE

The two and a half day conference aims to provide a forum for developing and inspiring the creative community. Engaging with entrepreneurs, artists, creative enablers, policy makers and implementers; in addition to the advertising, film, design and broader arts industries; it showcases new ways of cultivating business ideas in a contemporary South Africa.

DATE 8 – 10 March 2015

AREA Gauteng

AMOUNT R50 000.00

PROJECT Arts in Business Forum

DESCRIPTION

How can the arts innovate business? That was the question that participants and speakers grappled with at the second BASA Arts in Business Forum, hosted at the Gordon Institute of Business Science (GIBS). UK author, actor and teacher, Richard Hahlo was joined by Group Chief Marketing Officer at Hollard, Heidi Brauer, as well as DNA Brand Architects founder, Sylvester Chauke, in ensuring delegates left GIBS inspired, energised and full of new thoughts about the relationship between the arts and business in South Africa.

PURPOSETo demonstrate how arts based initiatives can drive and develop innovation, create sustainable value, and increase profitability.

DATE 21 October 2014

AREA Gauteng

AMOUNT R36 636.25

PROJECT BASA “Create” SAFM

DESCRIPTION

A five minute arts and culture feature on prime time News and Current Affairs radio station, SAFM. The slot airs on Mondays, Wednesdays and Fridays, and is also extended to include a lengthier, less issues-driven Saturday slot.

PURPOSETo mainstream arts and culture activities through a platform that targets a cross-cultural audience with national footprint.

DATE 1 April 2014 – 31 March 2015

AREA National

AMOUNT R227 700.00

PROJECTBusiness Day BASA Awards supported by Hollard

DESCRIPTION

The 17th Annual Business Day BASA Awards, partnered by Hollard, focused on business-arts partnerships conducted during 2013. Imaginative, innovative and cost-effective partnerships were highlighted, demonstrating the potential for synergy, the window of mutual opportunity, and the far reaching benefits for business, for the arts, and for all South Africans. The awards ceremony was held at the Market Theatre, which is renowned worldwide for brilliant anti-apartheid plays.

PURPOSETo highlight effective business-arts partnerships and drive interest from the corporate sector in supporting the arts.

DATE 24 August 2014

AREA National

AMOUNT R793 765.70

PROJECT “Business of the Arts” – Business Day TV

DESCRIPTION

This weekly, five minute television programme seeks to showcase the arts in South Africa and provide business argument for corporate support of the arts. It also highlights various events and profiles both new and established artists.

PURPOSETo mainstream art and cultural activities, to encourage business to take-up opportunities within the arts, and to provide a potential value-add for BASA Corporate Members.

DATE 1 April 2014 – 31 March 2015

AREA National (DSTV)

AMOUNT R941 262.12

PROJECT Classic FM Business and Arts Feature

DESCRIPTION

The Business and Arts Feature covers topics relating to BASA’s activity in the arts, as well as stories generated from businesses engaging with arts organisations from a CSI and Marketing perspective.

PURPOSETo facilitate conversations that encourage business participation in the arts.

DATE 1 August 2014 – 31 July 2015

AREA Gauteng (102.7 FM & through DSTV)

AMOUNT R153 035.08

PROJECT Kuns Onbeperk Professional Horizons Programme – KKNK

DESCRIPTION

Kuns Onbeperk’s Professional Horizons Programme at the annual ABSA KKNK (Klein Karoo National Arts Festival) is a project that aims to maximize the capacity of festivals to serve as catalysts for the professional development of the arts sector. Attendees include those at the start-up phase of community based arts projects, those who run already established festivals and arts programmes and want to take them to the next level in terms of programming and sustainability, those seeking exposure, as well as those who are already well-established arts professionals but have not yet worked in the Afrikaans market.

PURPOSEThe programme was developed to advance networking, skills exchange and collaboration.

DATE 29 March – 5 April 2014

AREA Western Cape

AMOUNT R55 000.00

PROJECT National Arts Festival

DESCRIPTION

BASA supports the Cue Newspaper at the National Arts Festival, a focused, short term newspaper. The newspaper provides a platform for the training of young arts journalists. Furthermore, BASA supports the Hands On Masks Off – a carefully designed training intervention that runs parallel with the festival. Established in 2008, the programme creates a platform for emerging arts entrepreneurs to work with successful professionals.

PURPOSETo create a vehicle for the practical training of arts journalists, as well as emerging artists.

DATE 3 – 13 July 2014

AREA Eastern Cape

AMOUNT R250 000.00

TOTAL SPECIAL PROJECTS MADE FOR THE YEAR ENDING 31 MARCH 2015 R2 507 399.15

Choreographer/Dancer Mamela Nyamza dances in the dress rehearsal of ‘The Last Attitude’, Grahamstown, 01 July 2015, at the 2015 National Arts Festival. Photo CuePix - Pearla Berg

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ANNUAL FINANCIAL STATEMENTSINDEPENDENT AUDITOR’S REPORTTO THE DIRECTORS OFBUSINESS AND ARTS SOUTH AFRICAREPORT ON ANNUAL FINANCIAL STATEMENTS

We have audited the financial statements of Business and Arts South Africa set out on pages 6 to 16, which comprise the statement of financial position as at 31 March 2015 and the statement of comprehensive income, statement of changes in equity and statement of cash flows for the year then ended, and the notes, comprising a summary of significant accounting policies and other explanatory information.

DIRECTORS' RESPONSIBILITY FOR THE FINANCIAL STATEMENTS

The company's directors are responsible for the preparation and fair presentation of these financial statements in accordance with the International Financial Reporting Standard for Small and Medium‑sized Entities and the requirements of the Companies

Act of South Africa and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatements, whether due to fraud or error.

AUDITOR’S RESPONSIBILITY

Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with International Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgement, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

OPINION

In our opinion, the financial statements present fairly, in all material respects, the financial position of Business and Arts South Africa as at 31 March 2015 and its financial performance and cash flows for the year then ended in accordance with the International Financial Reporting Standard for Small and Medium‑sized Entities and the requirements of the Companies Act of South Africa.

OTHER MATTER

Without qualifying our opinion, we draw attention to the fact that supplementary information set out on page 17 does not form part of the annual financial statements and is presented as additional information. We have not audited this schedule and accordingly we do not express an opinion on it.

OTHER REPORTS REQUIRED BY THE COMPANIES ACT

As part of our audit of the financial statements for the year ended 31 March 2015 we have read the Directors' Report for the purpose of identifying whether there are material inconsistencies between this report and the audited financial statements. This report is the responsibility of the respective preparers. Based on reading this report we have not identified material inconsistencies between this report and the audited financial statements. However, we have not audited this report and accordingly do not express an opinion thereon.

GRANT THORNTON Chartered Accountants (SA) Registered Auditors

GC SMITH Partner Chartered Accountant (SA) Registered Auditor

29 July 2015

@Grant Thornton Wanderers Office Park 52 Corlett Drive Illovo, 2196

What the Water Gave Me featuring Cherae Hailey at the 2014 National Art Festival in Grahamstown. Photo by CuePix - Kate Janse van Rensburg

Mandisi Heshu performs with the re st of Waterline’s cast on 1 July 2015, at the National Arts Festival. Photo CuePix - Mia van der Merwe

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DIRECTORS' RESPONSIBILITIES AND APPROVALThe directors are required by the Companies Act of South Africa, to maintain adequate accounting records and are responsible for the content and integrity of the annual financial statements and related financial information included in this report. It is their responsibility to ensure that the annual financial statements fairly present the state of affairs of the company as at the end of the financial year and the results of its operations and cash flows for the period then ended, in conformity with the International Financial Reporting Standard for Small and Medium‑sized Entities. The external auditors is engaged to express an independent opinion on the annual financial statements.

The annual financial statements are prepared in accordance with the International Financial Reporting Standard for Small and Medium‑sized Entities and are based upon appropriate accounting policies consistently applied and supported by reasonable and prudent judgements and estimates.

The directors acknowledge that they are ultimately responsible for the system of internal financial control established by the company and place considerable importance on maintaining a strong control environment. To enable the directors to meet these responsibilities, the board of directors sets standards for internal control aimed at reducing the risk of error or loss in a cost effective manner. The standards include the proper delegation of responsibilities within a clearly defined framework, effective accounting procedures and adequate segregation of duties to ensure an acceptable level of risk. These controls are monitored throughout the company and all employees are required to maintain the highest ethical standards in ensuring the company’s business is conducted in a manner that in all reasonable circumstances is above reproach. The focus of risk management in the company is on identifying, assessing, managing and monitoring all known forms of

risk across the company. While operating risk cannot be fully eliminated, the company endeavours to minimise it by ensuring that appropriate infrastructure, controls, systems and ethical behaviour are applied and managed within predetermined procedures and constraints.

The directors are of the opinion, based on the information and explanations given by management, that the system of internal control provides reasonable assurance that the financial records may be relied on for the preparation of the annual financial statements. However, any system of internal financial control can provide only reasonable, and not absolute, assurance against material misstatement or loss.

The directors have reviewed the company’s cash flow forecast for the year to 31 March 2016 and, in the light of this review and the current financial position, they are satisfied that the company has or has access to adequate resources to continue in operational existence for the foreseeable future.

The external auditors are responsible for independently auditing and reporting on the company's annual financial statements. The annual financial statements have been examined by the company's external auditors and their report is presented on page 3.

The annual financial statements set out on pages 5 to 17, which have been prepared on the going concern basis, were approved by the board of directors on 29 July 2015 and were signed on its behalf by:

Director Director

Johannesburg

29 July 2015

DIRECTORS' REPORTThe directors submit their report on the annual financial statements of Business and Arts South Africa NPC for the year ended 31 March 2015.

1. REVIEW OF FINANCIAL RESULTS AND ACTIVITIES MAIN BUSINESS AND OPERATIONS The company is engaged in the promoting and development of a partnership between the private sector and the arts and operates principally in South Africa.

The operating results and state of affairs of the company are fully set out in the attached annual financial statements and do not, in our opinion, require further comment.

Net surplus of the company was R 174 927

(2014: surplus R 319 525).

2. DIRECTORS

The directors of the company during the year and to the date of this report are as follows:

DIRECTOR OFFICE

K Gumbi .......................................................... Chairman MJ Constant ............................... Chief Executive Officer HL Bosman F Thom RAC Cock M Langa AS Le Roux GV Mariano IL Mokoena CA NolteGC Palacios-Flusk MM van der Spuy MW van der Want PG Walters

There have been no changes to the

directorate for the period under review.

3. EVENTS AFTER THE REPORTING PERIOD

The directors are not aware of any material event which occurred after the reporting date and up to the date of this report.

4. GOING CONCERN

The annual financial statements have been prepared on the basis of accounting policies applicable to a going concern. This basis presumes that funds will be available to finance future operations and that the realisation of assets and settlement of liabilities, contingent obligations and commitments will occur in the ordinary course of business.

5. AUDITORS

Grant Thornton will continue in office in accordance with Section 90 of the Companies Act of South Africa.

6. SECRETARY

The company had no secretary during the year.

7. NON-CURRENT ASSETS

There have been no major changes in non‑current assets of the company during the year under review.

8. CHIEF EXECUTIVE OFFICER

The chief executive officer is Michelle Constant.

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STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2015FIGURES IN RAND NOTES 2015 2014

ASSETS

Non‑Current Assets

Plant and equipment 2 93 753 107 987

Current Assets

Trade and other receivables 3 318 729 604 708

Education Programme receivables 10 - 1 716 000

Cash and cash equivalents 4 8 140 933 5 385 528

8 459 662 7 706 236

TOTAL ASSETS 4 352 831 7 814 223

EQUITY AND LIABILITIES

Equity

Accumulated surplus 4 200 584 4 015 316

Liabilities

Current Liabilities

Income received in advance 5 324 576 690 565

Educational Funds - NLDTF 6 119 376 119 376

Internship and mentoring fund 7 392 541 547 568

BASA - Mozambique 8 409 738 -

Trade and other payables 9 1 890 638 725 398

Education Programme funds 10 1 215 962 1 716 000

4 352 831 3 798 907

TOTAL EQUITY AND LIABILITIES 8 553 415 8 553 415

STATEMENT OF CASH FLOWSFIGURES IN RAND NOTES 2015 2014

CASH FLOWS FROM OPERATING ACTIVITIES

Cash generated from (used in) operations 17 458 326 (510 167)

Interest income 370 171 248 330

Finance costs (66) (321)

NET CASH FROM (USED IN) OPERATING ACTIVITIES 828 431 (262 158)

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of plant and equipment 2 (43 737) -

CASH FLOWS FROM FINANCING ACTIVITIES

Movement in research funds - BASA Africa: Mozambique 409 738 -

Movement in research funds - NLDTF - (53 381)

Movement in internship and mentoring fund (155 027) 204 340

Funding received for the Education Programme 1 716 000 -

NET CASH FROM FINANCING ACTIVITIES 1 970 711 150 959

TOTAL CASH MOVEMENT FOR THE YEAR 2 755 405 (111 199)

Cash at the beginning of the year 5 385 528 5 496 727

TOTAL CASH AT END OF THE YEAR 4 8 140 933 5 385 528

STATEMENT OF COMPREHENSIVE INCOMEFIGURES IN RAND NOTES 2015 2014

Revenue 11 3 101 635 2 606 896

Other income 12 1 221 421 1 148 625

Operating expenses (4 507 893) (3 684 005)

Operating (deficit) profit 13 (184 837) 71 516

Investment revenue 14 370 171 248 330

Finance costs 15 (66) (321)

Profit for the year 185 268 319 525

Other comprehensive income - -

TOTAL COMPREHENSIVE INCOME FOR THE YEAR 185 268 319 525

STATEMENT OF CHANGES IN EQUITYFIGURES IN RAND ACCUMULATED SURPLUS TOTAL EQUITY

BALANCE AT 1 APRIL 2013 3 695 791 3 695 791



Total comprehensive income for the year 319 525 319 525

BALANCE AT 1 APRIL 2014 4 015 316 4 015 316



Total comprehensive income for the year 185 268 185 268

BALANCE AT 31 MARCH 2015 4 200 584 4 200 584

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ACCOUNTING POLICIES1. PRESENTATION OF ANNUAL FINANCIAL STATEMENTS

The annual financial statements have been prepared in accordance with the International Financial Reporting Standard for Small and Medium‑sized Entities, and the Companies Act of South Africa. The annual financial statements have been prepared on the historical cost basis, and incorporate the principal accounting policies set out below. They are presented in South African Rands.

These accounting policies are consistent with the previous period.

1.1 PLANT AND EQUIPMENT Property, plant and equipment is carried at cost less accumulated depreciation and accumulated impairment losses.

Depreciation is provided using the straight‑line method to write down the cost, less estimated residual value over the useful life of the plant and equipment, which is as follows:

The useful lives of items of plant and equipment have been assessed as follows:

Item Depreciation method Average useful life

Computer equipment Straight line 3 years

Furniture and fittings Straight line 5 years

Office equipment Straight line 5 years

The residual value, depreciation method and useful life of each asset are reviewed at each annual reporting period if there are indicators present that there is a change from the previous estimate.

1.2 MEMBERSHIP FEES Membership fees consist of fees paid for annual corporate membership of the company and are recorded in revenue during the relevant year to which fees apply.

Fees apply for one year from the date on which the money for the membership is received.

1.3 GOVERNMENT GRANTS Government grants are recognised when there is reasonable assurance that:

• the company will comply with the conditions attaching to them: and

• the grants will be received.

Government grants are recognised as income over the periods necessary to match them with the related costs that they are intended to compensate.

1.4 INTEREST REVENUE Interest is recognised on a time proportion basis that takes into account the effective yield of the asset.

1.5 EMPLOYEE BENEFITS Short-term employee benefits The cost of short‑term employee benefits, (those payable within 12 months after the service is rendered, such as leave pay and sick leave, bonuses, and non‑monetary benefits such as medical care), are recognised in the period in which the service is rendered and are not discounted.

1.6 LEASES A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership to the lessee. All other leases are operating leases. Operating leases – lessee Operating lease payments are recognised as an expense on a straight‑line basis over the lease term. The difference between the amounts recognised as an expense and the contractual payments are recognised as an operating lease asset. This liability is not discounted.

1.7 IMPAIRMENT OF ASSETS The company assesses at each reporting date whether there is any indication that an asset may be impaired. If any such indication exists, the company estimates the recoverable amount of the asset.

1.8 BORROWING COSTS Borrowing costs are recognised as an expense in the period in which they are incurred.

NOTES TO THE ANNUAL FINANCIAL STATEMENTS2. PLANT AND EQUIPMENT

2014 2015

COST ACCUMULATED DEPRECIATION

CARRYING VALUE COST ACCUMULATED

DEPRECIATIONCARRYING

VALUE

Artworks 5 458 - 5 458 5 458 - 5 458

Computer equipment 200 459 (192 740) 7 719 193 079 (176 303) 16 776

Furniture and fittings 329 842 (275 076) 54 766 319 295 (233 542) 85 753

Office equipment 127 910 (102 100) 25 810 102 100 (102 100) -

TOTAL 663 669 (569 916) 93 753 619 932 (511 945) 107 987

RECONCILIATION OF PLANT AND EQUIPMENT - 2015

OPENING BALANCE ADDITIONS DEPRECIATION TOTAL

Artworks 5 458 - - 5 458

Computer equipment 16 776 7 380 (16 437) 7 719

Furniture and fittings 85 753 10 547 (41 534) 54 766

Office equipment Office equipment - 25 810 - 25 810

TOTAL 107 987 43 737 (57 971) 93 753

RECONCILIATION OF PLANT AND EQUIPMENT - 2014

OPENING BALANCE DEPRECIATION TOTAL

Artworks 5 458 - 5 458

Computer equipment 42 445 (25 669) 16 776

Furniture and fittings 125 353 (39 600) 85 753

TOTAL 173 256 (65 269) 107 987

3. TRADE AND OTHER RECEIVABLES

CASH AND CASH EQUIVALENTS CONSIST OF: 2014 2015

Accounts receivable 48 363 502 470

Prepayments 57 560 10 228

Rent deposits 42 830 41 980

VAT 169 976 50 030

TOTAL 8 140 933 5 385 528

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4. CASH AND CASH EQUIVALENTS


Bank balances 5 140 933 3 885 528

Short-term deposits 3 000 000 1 500 000

TOTAL 8 140 933 5 385 528

In a sustainability initiative, the Board has decided to invest R3 million in an investment account with Standard Bank.

5. INCOME RECEIVED IN ADVANCE

Bank balances 5 140 933 3 885 528

Short-term deposits 3 000 000 1 500 000

TOTAL 8 140 933 5 385 528

Membership fees received in advance during the reporting period which relates to future periods.

6. EDUCATIONAL FUNDS - NLDTF

Opening balance 119 376 172 757

Total allocations - (53 381)

TOTAL 119 376 119 376

7. INTERNSHIP AND MENTORING FUND

Opening balance 547 568 343 228

Total receipts 87 719 754 205

Total allocations (242 746) (549 865)

TOTAL 392 541 547 568

Funding of the projects in the current and prior year was provided by Etana and RMB ‑ a division of FirstRand Bank Limited.

8. BASA AFRICA - MOZAMBIQUE

Opening balance - -

Total receipts 409 738 -

Total allocations - -

TOTAL 409 738 ‑

BASA is working with the Mozambican Ministry of Culture and Tourism in building the capacities of culture sector professionals, through the development of a training manual and training workshops. The project is also aimed at building strong partnerships between the arts, public and private sector in Mozambique. As part of the project BASA will host an intern from Mozambique to study the BASA model.

9. TRADE AND OTHER PAYABLES


Accruals 87 489 7 582

Accrued audit fees 105 000 108 320

Accrued leave pay 82 486 107 248

Support grants approved but not yet paid out 548 100 477 850

Trade payables 1 067 563 24 398

TOTAL 1 890 638 725 398

10. EDUCATION PROGRAMME

National Arts Council grant (546 555) 3 885 528

British Council grant (432 565) 1 500 000

RMB grant (236 842) -

(1 215 962) 1 716 000

Total receipts 2 028 442 -

Allocations (812 480) -

TOTAL 1 215 962 ‑

The National Arts Council awarded a grant to Business and Arts South Africa to the value of R1 000 000 for the furtherance of the Business and Arts South Africa Education Programme.

The British Council awarded a grant to Business and Arts South Africa to the value of R716 000 for the purpose of the Audience Development Programme which was commenced on the 28th of March 2014. The Audience Development Programme will in partnership with Business and Arts South Africa, interrogate new methods of audience development in the South African Arts industry through the Business and Arts South Africa Education Programme.

An additional contribution of R75 600 was granted towards the Audience Development Programme by The British Council during the year.

11. REVENUE

Grant received - Department of Arts and Culture 7 312 000 6 898 000

Other grants received 181 427 38 223

Grants made (4 391 792) (4 329 327)

TOTAL 3 101 635 2 606 896

Revenue from membership fees, for BASA awards and other revenue is disclosed on the face of the Statement of Comprehensive Income.

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12. OTHER INCOME


Membership fees 554 219 533 259

BASA Awards Income 622 719 584 335

Sundry income 44 483 31 031

TOTAL 1 221 421 1 148 625

13. OPERATING (DEFICIT) PROFIT Surplus for the year is stated after accounting for the following:

OPERATING LEASE CHARGES

Premises

Contractual amounts 341 917 283 044

Depreciation on plant and equipment 57 971 65 268

Employee costs 2 108 981 2 231 368

14. INVESTMENT REVENUE

Interest revenue bank 370 171 248 330

15. FINANCE COSTS

Interest paid 66 321

16. AUDITOR'S REMUNERATION

Audit fee - current year 105 000 110 000

Tax and secretarial services 4 280 2 032

Dipstick audits 3 996 -

TOTAL 113 276 112 032

17. CASH GENERATED FROM (USED IN) OPERATIONS

PROFIT BEFORE TAXATION 185 268 319 525

Adjustments for:

Depreciation 57 971 65 268

Interest received (370 171) (248 330)

Finance costs 66 321

Movements in Education Programme assets and liabilities (500 038) 1 716 000

Changes in working capital:

Trade and other receivables 285 979 (340 555)

Trade and other payables 1 165 240 (2 053 293)

Income received in advance (365 989) 30 897

TOTAL 458 326 (510 167)

18. COMMITMENTS Operating leases – as lessee (expense)

2014 2015

MINIMUM LEASE PAYMENTS DUE

Within one year 278 786 62 433

In second to fifth year inclusive 374 116 -

TOTAL 652 902 62 433

19. RELATED PARTIES

Relationships Directors Refer to directors' report Other SAFM SAFM/BASA "Create" slot ‑ Michelle Constant (CEO and Director) voices this slot on SAFM at no cost to BASA or SAFM. BASA Create Slot on SAFM is one of the Special Media Projects that BASA supports. Richard Cock Music Enterprise (RCME) received funding as a supporting grant from BASA.

Related party balances and transactions with entities with control, joint control or significant influence over the company.

RELATED PARTY TRANSACTIONS

FIGURES IN RAND 2014 2015

FUNDING GIVEN TO RELATED PARTY

Richard Cock Music Enterprise 65 000 65 000

COMPENSATION TO DIRECTORS AND OTHER KEY MANAGEMENT

Chief executive officer's remuneration for managerial services 1 075 946 1 039 731

20. DIRECTORS' REMUNERATION

No emoluments were paid to the non‑executive directors during the year.

21. GOVERNMENT GRANTS

An amount of R7 312 000 (2014: R6 898 000) was granted to the company by The Department of Arts and Culture. This grant covers the financial year to 31 March 2015.

The company is obliged to use the funds by way of grants and for the purpose set out in its Memorandum of Association. Grants are received in instalments and are recognised in the revenue during the relevant financial year.

The department of Arts and Culture have approved the following annual allocations: 2015/2016 ‑ R7 648 000 2016/2017 ‑ R8 053 000

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UNAUDITED SUPPLEMENTARY SCHEDULE - DETAILED INCOME STATEMENT

FIGURES IN RAND NOTES 2015 2014

REVENUE 11 3 101 635 2 606 896

OTHER INCOME

Membership fees 554 219 533 259

Sponsorship for award ceremony 622 719 584 335

Sundry income 44 483 31 031

1 221 421 1 148 625

OPERATING EXPENSES

Accounting fees (121 200) (90 418)

Advertising (131 208) (78 046)

Auditors remuneration 16 (113 276) (112 032)

Award ceremony expenses (793 766) -

Bank charges (12 690) (12 721)

Computer expenses (62 642) (40 696)

Consulting and professional fees - (2 500)

Depreciation (57 971) (65 268)

Employee costs (2 108 981) (2 231 368)

Entertainment and refreshments (18 667) (14 989)

General expenses (27 538) (9 513)

IT & database expenses (39 100) (33 330)

Insurance (10 228) (9 541)

Lease rentals on operating leases (rent and utilities) (341 917) (283 044)

Legal expenses (4 875) (3 030)

Meetings and seminars (106 276) (105 129)

Postage and courier (78 855) (56 088)

Printing and stationery (83 250) (137 178)

Publicity (197 124) (172 416)

Security (2 213) (4 527)

Subscriptions (4 215) (4 155)

Telephone and fax (89 112) (59 801)

Training (13 045) (24 528)

Training (89 744) (133 687)

(4 507 893) (3 684 005)

OPERATING SURPLUS 13 (184 837) 71 516

Interest received 14 370 171 248 330

Finance costs 15 (66) (321)

370 105 248 009

PROFIT FOR THE YEAR 185 268 319 525

Documents

RP233/2015 BUSINESS AND ARTS SOUTH AFRICA, ANNUAL … _Annual_Report_ 2014.pdf · rp233/2015 isbn: 978-0-621-43822-2 business and arts south africa, annual report 2014/2015