Hi again PA!
It’s coming up to CHRISTMAS (I am so excited) so I imagine you’re all super busy rehearsing and preparing for your concerts! Best of luck with them – don’t forget to get advertising your performances early!
I bet the last thing committees are wanting to think about it the dreaded funding application deadline looming up on Sunday 29th November. (Plug: PA are holding a Funding Workshop on Saturday 21st November at 12pm in Building 34, Room 4007 – a time for us to answer all your funding questions!).
As some of you may know, over the last few years we’ve had the Underwritten System in place as a way of helping cover larger performance losses. It has become apparent to PA that this system may have not be the most effective, therefore SUSU and PA are offering an alternative, now known as the Profit Sharing Grant.
THE PROFIT SHARING GRANT
In funding round 2, any funding applications used to cover costs of a performance over £500 will be considered as a profit-sharing grant application. This is a temporary initiative that will be reviewed for a long term solution during the Performing Arts Review.
What does the Profit-sharing grant mean?
Having a profit-sharing grant from SUSU means you will enter an agreement wherein:
a) You submit an application with detailed business plan to SUSU, submitted in to the events pot. The committee will judge your application based on the strength of your business plan, which should look to make a profit.
b) If the committee approves your request, they will agree to give you the agreed upon amount, up to £1500
c) You will keep diligent records of your costs and income
d) Once the performance has happened, if you make a profit, you will give SUSU 50% of all profits up to £1000
Why are we doing it?
We want to do everything we can to promote every Performing Arts society having the opportunity to put on a performance, and we truly appreciate the value of student performing arts. However, we do also have limited amounts of money which also have to be shared out with many other non-performing arts societies. In short, the profit-sharing grant system is a good compromise for us in offering as much financial support to student performances as we can, whilst also retaining funds for other creative student groups. We also want to encourage skills such as business planning for student volunteers, which will also promote well planned and impactful performances.
How do I apply?
To apply, you will need to submit a funding application to the events pot by the 29th November. The process for filling out the funding application is the same as any other request, but alongside this we will expect you to present a detailed business plan to representatives from the Creative Industries Committee. There is a template business plan here; (https://drive.google.com/folderview?pli=1&ddrp=1&id=0B8QnE0Kdupy-aDRBMlhBbWt0TjA&tid=0B8QnE0Kdupy-ektjS1ZtTGV6akU.)
Please note that any application to fund a performance over £500 will be considered as an underwritten application. Also be aware that we will be judging business plans against their potential for making profit as well.
We hope this makes sense to you and that societies with big costly projects coming up in the next two semesters might consider using this to help fund and support their performances. Any questions please don’t hesitate to contact me via firstname.lastname@example.org or our Finance Officer, Peter Bridgwood via email@example.com
ON A LIGHTER NOTE
We have some fantastic performances coming up over the next week!
Jazzmanix, Southampton University’s largest Pop and Gospel Choir are taking to Turner Sims this weekend to bring you a mix of Pitch Perfect style a cappella music, big gospel numbers and of course some Disney!
Medics are coming back to the Annex Theatre with their Revue, ‘Scar Wards’ – it’s always a massive laugh and sell out super quickly, so get your hands on tickets NOW!
Showstoppers Christmas Cabaret is taking place in Bar 2 this Sunday 22nd from 8pm – grab a drink and have a relaxed evening of musical theatre, including some numbers from their upcoming shows.
SUJO – Southampton University’s Jazz Orchestra are joining PianoSoc for their first gig since they returned from the Montreux Jazz Festival this summer. Thursday 26th in The Hartley Suite on campus, from 7.30pm.
Southampton University Symphony Orchestra are celebrating works in the year of their 150th anniversaries on Saturday 28th in Turner Sims. Including some Nielsen, Sibelius and Debussy, it seems there will be something for everyone! Start time, 7.30pm.
Find out more about all these performances via the website or our Facebook page – SUSU Performing Arts.
Also, don’t forget to purchase your PA CARD from the SUSU box office for just £3! These will give you discount on most of our events, Music Theatre South’s shows, Stags and Bridge food and drink, and also from the PA Ball next year – check out the website for all the offers available!
Enjoy the rest of the semester. I’m writing this from The Bridge and it couldn’t be more Christmassy!
Performing Arts Rep 15/16