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Assets for Artists

Assets for Artists is a matched savings account program offering grant funds of up to $2,000 and workshops and personal training to improve entrepreneurial artists’ financial and professional/business skills. 

By meeting a savings goal and completing the required training, participating artists can earn up to $2,000 as a match for their own savings, providing “working capital” to implement their arts business plan. Free training includes a dynamic single-session "bootcamp" on personal finance for artists with Esther Robinson of ArtHome, followed by enrollment in the International Institute of New England's “Bridges to Business” Program, providing artist-focused business planning classes and additional 1-on-1 technical assistance.

Pre-Application Deadline: March 22, 2013.

Applicants to the Assets for Artists Program may include artists in all disciplines – visual artists, performers, designers, photographers, film-makers, writers, new media artists, artisans, etc. – whose practice would greatly benefit from the opportunity to receive working capital funds and improve their financial and business management skills to make valuable investments aimed at growing their creative enterprises.

Eligible candidates MUST have an "adjusted gross income" (line 37 on the federal Form 1040 tax return) of no more than $22,340 for a single artist, $30,260 for a couple, $36,000 for a single parent with 1 dependent child, $41,000 for a couple with 1 dependent child, $46,000 for a couple with 2 children, and $54,000 for a couple with 3 children. Selected applicants will provide their tax returns to document income-eligibility. Eligible candidates must also have NET assets below $10,000 (excluding home equity and 1 car).

The online pre-application is the first part of a two-part application process. (If you have never applied for a grant or Fellowship from RISCA before, you will create a profile with a new username and password in our online system to access the application).  Applicants who are selected through pre-application will be asked to submit 2011/2012 Form 1040 federal tax returns and other paperwork in order to enroll in the Assets for Artists program.

Pre-application requirements:

1) Must complete and submit online pre-application form.

2) Resume or CV (attached to online application as a word doc or pdf).

3) Artistic support materials (attached to online application as a website link or media file attachments)

For questions about the Assets for Artists Program, email Briana Halpin, Program Associate, Assets for Artists/MASS MoCA: assets4artists@gmail.com. For questions about completing the online application, email Cristina DiChiera, Director of Artists Programs for RISCA: cristina.dichiera@arts.ri.gov .

The Assets for Artists program is a partnership of MassMoCA, The Midas Collaborative, and ArtHome. The 2013 Assets for Artists program is brought to Rhode Island through a partnership between the Rhode Island State Council on the Arts and the Rhode Island Foundation with additional program support from the New England Foundation for the Arts. Workshops and technical support are provided by the International Institute of New England's Bridges to Business Program with additional training provided by the Association of Independent Colleges of Art and Design.