Fundraising in Finnish arts and culture organizations - How is it done and what challenges and development points are there?

dc.contributorAalto Universityen
dc.contributorAalto-yliopistofi
dc.contributor.advisorRitvala, Tiina
dc.contributor.authorJokivuolle, Fiona
dc.contributor.departmentJohtamisen laitosfi
dc.contributor.schoolKauppakorkeakoulufi
dc.contributor.schoolSchool of Businessen
dc.date.accessioned2019-09-29T16:02:19Z
dc.date.available2019-09-29T16:02:19Z
dc.date.issued2019
dc.description.abstractIn Finland, the arts and culture field has through decades been funded largely by the public sector, unlike in the USA and the UK where fundraising from private sources have always been part of the main operations in arts and culture organizations. However, for example due to uncertainty around public funding, Finnish arts and culture organizations have noticed the increased pressure for additional funding, and recently started to broaden their funding base. Arts and culture organizations have followed Finnish universities by starting active fundraising and increasing company cooperation. The topic of active fundraising in the arts and culture field being relatively new in Finland makes it interesting to study. This study examines how fundraising is currently done in Finnish arts and culture organizations and what challenges and development points there are related to fundraising in the arts and culture field in Finland. Fundraising is examined from a broad perspective including all sources of private funds - individuals, foundations and companies. This study is a qualitative interview study consisting of 10 interviews. The interviewees consist of 7 professionals of arts and culture organizations, 1 individual donor, 1 private foundation representative and 1 expert in economics. The empirical data was analyzed with thematic analysis. The empirical findings are also discussed with organizational translation theory. The main findings indicate that Finnish arts and culture organizations are doing active fundraising and company cooperation to different extents, but overall, many are in the beginning of planning and starting active fundraising operations, meaning that the operations include experimentation. Fundraising is seen as more and more necessary to ensure the competitive edge for the arts and culture organizations. It is seen necessary and beneficial not only because of the monetary objectives - need for more funds and broadening and diversifying the funding base - but also because of the communicational and organizational benefits it creates for the arts organizations. The findings also suggest that fundraising from private sources is often done for enabling new initiatives and interesting content. The main challenges or development points the findings suggest are the need for broadening the currently narrow philanthropic culture in Finland, and the need for further developing the public support mechanisms to ease fundraising operations for arts and culture organizations. Other development points include organizations understanding the investment perspective in fundraising and making fundraising operations a more long-term and strategic activity in the organizations, and making companies see the value of arts organizations as beneficial partners, as currently the company cooperations done do not turn into enough funds for the arts organizations.en
dc.format.extent139
dc.format.mimetypeapplication/pdfen
dc.identifier.urihttps://aaltodoc.aalto.fi/handle/123456789/40507
dc.identifier.urnURN:NBN:fi:aalto-201909295530
dc.language.isoenen
dc.locationP1 Ifi
dc.programmeManagement and International Business (MIB)en
dc.subject.keywordfundraisingen
dc.subject.keywordarts and culture organizationsen
dc.subject.keywordfunding arts and cultureen
dc.subject.keywordprivate fundingen
dc.subject.keyworddonationen
dc.subject.keywordcompany cooperationen
dc.subject.keywordsponsoringen
dc.subject.keywordpartnershipen
dc.titleFundraising in Finnish arts and culture organizations - How is it done and what challenges and development points are there?en
dc.typeG2 Pro gradu, diplomityöfi
dc.type.ontasotMaster's thesisen
dc.type.ontasotMaisterin opinnäytefi
local.aalto.electroniconlyyes
local.aalto.openaccessyes

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