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Iowa Code § 15.436

Arts and culture enhancement fund

Redline — January 1, 2024 → current.View current text →
Current — January 1, 2026
As of January 1, 2024
1. The authority shall establish a grant program for cities and nonprofit, tax-exempt community organizations for the development of community programs that provide local jobs for Iowa residents and also promote Iowa’s historic, ethnic, and cultural heritages through the development of festivals, music, drama, cultural programs, or tourist attractions. A city or nonprofit, tax-exempt community organization may submit an application to the authority for review. The authority shall establish criteria for the review and approval of grant applications. The amount of a grant shall not exceed fifty percent of the cost of the community program. Each application shall include information demonstrating that the city or nonprofit, tax-exempt community organization will provide matching funds of fifty percent of the cost of the program. The matching funds requirement may be met by substituting in-kind services, based on the value of the services, for actual dollars.
2. The authority shall establish a grant program which provides general operating budget support to major, multidisciplinary cultural organizations that demonstrate cultural and managerial excellence on a continuing basis to the citizens of Iowa. Applicant organizations must be incorporated under chapter 504, be exempt from federal taxation, and not be attached or affiliated with an educational institution. Eligible organizations shall be operated on a year-round basis and employ at least one full-time, paid professional staff member. The authority shall establish criteria for review and approval of grant applications. Criteria established shall include, but are not limited to, a matching funds requirement. The matching funds requirement shall permit an applicant to meet the matching requirement by demonstrating that the applicant’s budget contains funds, other than state and federal funds, in excess of the grant award.
3. Notwithstanding section 8.33, moneys committed to grantees under this section that remain unencumbered or unobligated on June 30 of the fiscal year for which the funds were appropriated shall not revert but shall be available for expenditure for the following fiscal year for the purposes of subsection 2.
1. The economic development authority shall, pursuant to section 15.106A, subsection 1, paragraph “o”, establish the arts and culture enhancement fund to be used for the purposes of this section. The fund shall consist of any moneys appropriated by the general assembly for purposes of this section and any other moneys that are lawfully available to the authority. Notwithstanding section 12C.7, subsection 2, interest or earnings on moneys in the fund shall accrue to the authority and shall be used for purposes of this section. Notwithstanding section 8.33, moneys in the fund at the end of each fiscal year shall not revert to any other fund but shall remain in the fund for expenditure for subsequent fiscal years.
2. The authority shall allocate moneys in the arts and culture enhancement fund in appropriate amounts to be used for the following purposes:
a. To provide support to municipal and nonprofit arts and cultural organizations that serve as significant attractions or community resources.
b. To support artists and entities that foster artistic and cultural expression, promote lifelong learning and engagement in the arts, advance community development goals, or emphasize Iowa’s diverse heritage through the creation, performance, or presentation of artworks.
c. To increase access to arts and culture in rural and underserved communities in the state.
d. For the promotion of and investment in film, television, and video projects produced in the state.
e. To address other goals and priorities as reflected in the comprehensive, statewide, long-range plan designed by the authority with the assistance of the Iowa arts council pursuant to section 15.108, subsection 7.
f. For administrative costs related to this section.
3. The authority may adopt by rule eligibility and priority criteria for allocation of moneys in the arts and culture enhancement fund.
90 Acts, ch 1272, §77
90 Acts, ch 1272, §77
C91, §303.3
C91, §303.3
91 Acts, ch 120, §2
91 Acts, ch 120, §2
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; 2023 Acts, ch 19, §2084, 2125
; 2023 Acts, ch 19, §2084, 2125
C2024, §15.436
C2024, §15.436
Section transferred from §303.3 in Code 2024 pursuant to directive in 2023 Acts, ch 19, §2125
Subsections 1 and 2 amended
Section stricken and rewritten

Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.