# Irish arts fundraising grows by 15%

- Link: https://fundraising.co.uk/2016/09/14/irish-arts-fundraising-grows-15/
- Published: 2016-09-14T09:58:30+01:00
- Author: Howard Lake

**Irish Arts Council funded organisations secured €8.6m in private investment in
2014, with 60% from philanthropy and 40% from sponsorship, according to a report
by consultancy firm [2into3](http://www.2into3.com).**

Compared to 2013, voluntary income has increased by 17%, while sponsorship increased
by 13%. The reported total private investment increase is 15%.

Theatre and festivals were the predominant art forms receiving support. Between 
2013 and 2014, private investment for festivals increased by 33%, while support 
for film and theatre increased by 30% and 28% respectively.

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Private investment included donations, corporate donations and charitable trusts
and accounted for 7.8% of total turnover for arts organisations in 2014. The study
is based on information submitted by 177 organisations.

Large organisations (turnover over €800,000) experienced an increase in private 
investment income of 10% in 2014 when compared to the previous year. Voluntary income
rose by 17%, while sponsorship showed no change.

Medium organisations (€300,000 to €800,000) reported an increase in private investment
of 45% compared to 2013. Voluntary income increased by 39% while sponsorship increased
by just over 50%.

For small organisations (under €300,000 turnover) private investment increased by
6%, voluntary income increased by 2% and sponsorship grew by 13%.

 

_Photo: [Theatre seats](http://www.shutterstock.com/pic-190228538/stock-photo-lot-of-empty-seats-in-the-theater.html)
by Ivan B Lebedev on Shutterstock.com_

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