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In this video, we'll talk about how some artists address the challenge of a project budget that can't be covered by the money from one project grant. This is part of a video series by the Edmonton Arts Council meant to assist artists through some of the specific concepts and terms used in our application processes. If you have any questions about this or other aspects of our grants program, email us at grants@edmontonarts.ca. Transcript: This video by the Edmonton Arts Council is meant to assist artists through some of the specific terms and concepts used in our application processes. In this video, we’ll talk about how some artists address the challenge of a project budget that can’t be covered by the money from one project grant. Sometimes you have a clear vision of how you want a project to proceed, and realize that this one grant from the Edmonton Arts Council isn’t going to meet those needs. This is a common situation. Many artists will instinctively start adjusting their budget by paying themselves and other artists less, or nothing at all. We encourage you to explore other strategies. Many projects stretch over an extended period of time, and involve different phases of work. This is easily illustrated in film. A short narrative film involves work on a screenplay. It then goes on to pre-production work that includes casting, location shoots, design processes and construction of production materials. Then there’s a shooting period that could last days or months. There’s a post-production period involving editing, music and sound, and sometimes additional filming. Finally, there is work in submitting the film to broadcasters, film festivals, and so on. One or more of these phases of work could be presented as a separate application to our granting process. Examine your project and look for ways to use one grant to pay for some of the work now, and seek funding for future phases later. Keep in mind that an individual or collective may only receive one grant from the Individuals & Collectives program annually from January to December so later phases may need to take place in subsequent years. The Edmonton Arts Council has no restrictions on projects that we fund also receiving support from other sources. Such sources include the Alberta Foundation for the Arts, FACTOR, Canada Council for the Arts, Telefilm Canada, Storyhive Canada, awards and bursaries, employment grants, crowdsourcing, and sponsorships. it’s often helpful to look at a variety of funding streams for a single initiative. The Edmonton Arts Council requires that project revenues and expenses match. Rather than reducing the fees paid to the principal artists in your budget in order to make the project budget balance, you may wish to leave those fees at the rates you would like to pay, and include in the revenues section an ‘Artist Contribution’. This is, essentially, an amount that you are committing to contribute back into the project if necessary in order to balance the budget. There is an unstated assumption that if a project receives additional funding or expenses go down, this artist contribution will also be reduced. If you have any questions about this or other aspects of our grants program, email us at grants@edmontonarts.ca.