Cultural Heritage

Culture cuts, institutes look to private funding

The spending review makes fundraising activities central. Widespread membership, sponsorship, crowdfunding and patronage initiatives

by Margherita Ceci

Scultura barocca in marmo «Ratto di Proserpina» del Bernini 1621 nella Galleria Borghese di Villa Borghese a Roma. (Adobe Stock)

3' min read

3' min read

The Milan Triennial, the Rome Quadrennial, the Venice Biennial, Fai: these are just some of the institutions present in the 2025 contribution allocation tables of the Ministry of Culture's department for cultural activities, and which will find themselves, on the whole, with almost two million euros less than in 2024. To these must be added all the other national realities - such as archives, museums, theatres and institutes - that depend on the departments of protection and enhancement, which are themselves victims of the cuts imposed by the Budget law.

And if we then think of the spill-over effect that these reductions have on local authorities - first the regions, then the municipalities - the picture that emerges is that of a country in which the development and protection of the cultural, historical and artistic heritage - although sanctioned by the Constitution - is increasingly in trouble. What to do, then?

Loading...

The progressive decline of public investment in culture is unfortunately nothing new to insiders and parallel funding forms (partnerships, private resources, patronage, crowdfunding) are avenues that operators have been pursuing for a while. "The decline in public funding is stimulating the fundraising mentality even here in Italy, where cultural institutions are more oriented towards developing marketing skills (i.e. selling tickets, exhibitions, events...) rather than raising capital.

This has always been the case in the American world, which relies almost exclusively on private donations,' explains Alex Turrini, professor and director of the Master's degree in Economics and Management for the Arts, Culture, Media and Entertainment at Bocconi University.

"What is still missing in Italy,' he continues, 'are true fundraising skills. The Art Bonus has certainly incentivised donations, but in many cases they were already donating. It would then be useful to flank this measure with initiatives, for example, training, which would help realities to develop fundraising capacities'.

Also because the need to turn to other shores concerns both small and large realities: the Teatro alla Scala di Milano, for example, relies on private support for about one third of its revenue, thanks to individual donors, companies or sponsorship contracts.

Fundraising models

.

Among the most widely used systems are memberships, annual programmes that allow you to take advantage of exclusive benefits and content. But there is also the involvement of companies, often interested in the return in visibility and positioning, through general financing or, more often, sponsorships. Finally, there is also crowdfunding: the Louvre in Paris, for example, launched the "Become a patron!" project in 2010, through which thousands of people support the acquisition or restoration of important works of art.

A community issue

.

The privatisation of cultural funding does not only affect Italy. The spending review is leading several EU countries to sacrifice resources for culture. Berlin has lowered them by 13% by 2025; the same is happening in France, and the United Kingdom is also considering cuts.

Overseas, where institutes are accustomed to very low public subsidies, the situation is improving: President Donald Trump's latest decisions, in fact, with the freezing of resources - often already spent - authorised for 2025 by the agencies, are putting smaller and peripheral realities in crisis. And the restrictions imposed by the federal government on donations are pushing some US philanthropists to prefer Italian and European cultural institutions.


Copyright reserved ©

Brand connect

Loading...

Newsletter

Notizie e approfondimenti sugli avvenimenti politici, economici e finanziari.

Iscriviti