Power of Culture Blog
MA cultural nonprofits report $425M in lost revenue with 17K jobs impacted and $441.8M in total recovery costs.
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100% of Safe Harbors participants were approved to receive federal funds
In March, as cultural nonprofits began suspending programs and closing facilities, Mass Cultural Council quickly put in motion a brand-new crisis support program, Safe Harbors, to help organizations understand and access federal assistance through the CARES Act, and provide broad and high-touch capacity building services to help organizations understand their current financial challenges and craft a strategy forward. The Safe Harbors Program is comprised of unrestricted operating grant supplements to existing Cultural Investment Portfolio organizations, and an instructional series consisting of curated small group strategy sessions, and one-on-one consulting services with the Nonprofit Finance Fund.
The instructional series, itself an expansion of the Capacity Accelerator Network, is made up of four webinar modules that provide organizations technical training on understanding and applying to CARES Act programs, conducting emergency cash flow projections, testing scenarios, building budgets, and finally, managing during a crisis. Recorded webinars, tools, and templates are available online.
Our first goal in quickly launching the Safe Harbors instructional series was to help position Massachusetts nonprofit cultural organizations to get in the front of the line for federal assistance via the Payroll Protection Program (PPP), Emergency Injury Disaster Loan program (EIDL), and other local emergency grant and loan programs. Now that organizations have largely completed the application process of these programs, we are excited to share the results of this work. Of organizations that attended our CARES Act Safe Harbor webinar and applied for CARES ACT funding:
Mass Cultural Council is proud to help bring in almost $21 million in fast emergency funding to nonprofits in Massachusetts through the Safe Harbors Program. Most Mass Cultural Council services, such as the Safe Harbors instructional series, are available to any cultural nonprofit in Massachusetts, regardless of funding relationship with the Council. In fact, with over 1,600 participants, 1 out of every 4 organizations who received support via Safe Harbors was not a current grantee of the Mass Cultural Council.