RAISE Impact

Key Results from the RAISE Programme: 

• Private investment in 2014 was €2.6m for RAISE organisations

• In 2014, Private Investment for RAISE organisations increased by 18% over 2013 and 52%     over 2012 

• Organisations are budgeting to reach €3.5m in Year 3 (2015) 

 

Preliminary figures from the second year of the Arts Council's three-year RAISE fundraising pilot project show a year-on-year growth of 18 percent over 2013 and 52 percent growth over 2012 amongst the 10 participating arts organisations.

In 2012 some €1.7 million was raised from voluntary income and sponsorship in the participating organisations, with the figure for 2014 rising to €2.6 million.

The RAISE initiative was launched to build capacity for arts organisations to fundraise effectively. The project is designed to offer organisations tools, skills and resources to increase significantly the investment they secure from private sources.

The organisations involved in the RAISE pilot are: Irish Film Institute, Galway Arts Festival, Wexford Festival Opera, Royal Hibernian Academy, Na Piobiari Uileann, Chamber Choir Ireland, Association of Irish Choirs, Hawks Well Theatre, Irish Architecture Foundation and The Model.

RAISE Pilot: Report on Year 2 (2014)

In 2012 the Arts Council commenced an investment in fundraising capacity building with 12 selected organisations. The RAISE pilot commenced in the last quarter of 2012 and by January 2014 eleven of the selected organisations had completed their individual capacity building programme including the recruitment of eleven fundraisers. In 2014, one organisation that delayed commencement subsequently re-engaged with the Pilot and is now actively fundraising. Three organisations had gaps in activity due to having no resource in place. For most organisations, 2014 was effectively the 1st year of fundraising activity.

Two of the organisations that participated in the pilot are not active artistically in 2015 and are excluded for comparative purposes. Some adjustments to 2012 and 2013 data were also made to reflect prior year adjustments arising from audited accounts.

All organisations are obliged to submit monthly monitoring reports on the levels and type of private investment secured in the previous month and year to date. Data is now available which shows private investment income for 2012, 2013 and 2014 for all participating RAISE organisations.

Achievements to date:

All RAISE Organisations

Total 2014

Total 2013

Total 2012

Total 2014 vs 2012

Total Voluntary Income (excluding in-kind)

€1,095,000

€1,028,000

€601,000

82%

Total Sponsorship (excluding in-kind)

€690,000

€621,000

€568,000

21%

Total In-kind

€804,000

€547,000

€535,000

50%

Total Private Investment

€2,590,000

€2,196,000

€1,706,000

52%

 

Monitoring will continue throughout 2015 and data for Year 3 (2015) of the RAISE Pilot will be published in April 2016. In 2015 the ten organisations will have been fundraising for an average of 2 years. 

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