Key Arts Organisation Funding Guidelines - part 3

Business Plan Framework

The ACT Government, together with Australian and other State and Territory Government arts agencies, has agreed to a standard Business Plan Framework to be used by all KAO applicants.  

The Business Plan should be concise and a useful working document across a five year cycle. Additional documents considered critical by the organisation, for example a detailed artistic program for the coming year, governance statement, marketing plan, financial plan, risk assessment and other documents should be provided as annexures. 

The Business Plan is a high-level working document that should not exceed 20 pages and must include the following key information, as per the Framework:

  • Purpose 
  • Executive Summary
  • Context 
  • Goals 
  • Key Performance Indicators 
  • Strategies 
  • Artistic Program overview 
  • Marketing Plan 
  • Financial Plan 
  • Management Plan (including Organisational Structure, Governance, Succession Plan, and Risk Management) 

KAOs that manage a Government arts facility must also provide a comprehensive and strategic management plan for the facility. This may be integral to the business plan or included as an annexure.