More than half a billion euro from companies to the Art Bonus
More than 12,000 individual disbursements for the preservation of assets since 2014. Botti (Ales): historical and artistic heritage is a powerful branding tool
3' min read
3' min read
Well over one billion euro. In the snapshot taken for the ten years of its history, the Art Bonus, the tax measure that allows companies and private citizens to contribute to the support of culture in return for a tax credit equal to 65% of the liberal donations made, is smiling. This is the case for the restoration of works of art, monuments owned by the State or public entities.
And, again, support for cultural venues such as museums, archaeological sites, archives, public libraries or performing arts organisations recognised by legislation.
From companies, in particular, a total of more than half a billion euro in donations came in. An amount distributed through more than twelve thousand individual donations. Although the average donation per individual is around 41 thousand euros, the majority of contributions fall within a range of between one thousand and 100 thousand euros: this indicates a mix of large and small donations that contribute to the overall result, testifying to the willingness of many companies of different sizes and sectors to invest in the sector.
Growing trend
.The trend of annual disbursements by companies continues to grow: a positive trend that consistently exceeds the average of EUR 50 million per year.
"As the company Ales, which manages and promotes the Art Bonus on behalf of the Ministry of Culture, we are satisfied with this first ten-year assessment, but we consider it strategic and a priority to continue to create opportunities for knowledge and dissemination of the rule throughout the country," explains Carolina Botti, director of Ales and Art Bonus contact person for the MiC. "Our goal is to do more and more information and training, conveying the good practices that can be shared and involving not only potential patrons/beneficiaries, but also all the subjects that together with Ales and the ministry can facilitate public-private synergies".
