Special forms of financing are dedicated to cultural associations and non- profit organizations. Before examining, in detail, the form of these economic contributions and the methods of access, we define what is meant by ” association” . It is a society made up of at least two people who wish to achieve a common purpose through specific agreements.
In particular, cultural associations achieve cultural aims, are non-profit-making and tend to be self-financing by drawing on funds accumulated by the members. The self-sustenance of these associations, however, does not exclude that they can access public funds dedicated to them.
There are various public institutions that can support – through the provision of dedicated funds – the cultural activity pursued by these associations. At national level, the Ministries provide grants while at the international level are the World Bank, the UN and the European Union which can allocate their funds to finance cultural associations.
Funding cultural associations
These associations have a single main purpose: to spread the culture and the values connected to it in the territory. They can take both a public and a private form. The legally recognized associations and, therefore, considered worthy of protection by the Law, are those regulated by public deed drawn up in the presence of a notary. For these associations, the forms of financing can only be public. These are the Regions, Municipalities and Provinces that provide these contributions to incentivize and subsidize the implementation of specific cultural projects. In the international arena, however, the European Union, the UN and the World Bank are providing these funds. In these cases it is essential that the associations have a solid and proven experience in the field of both national and international institutional relations. This is because the purpose that the cultural association is called upon to achieve must be wide-ranging: it must involve a very vast community.
In addition to the funding provided by Public Institutions , cultural associations can enjoy and take advantage of other forms of contributions. An important form of economic contribution can be given to those associations that carry out cinematographic activities.
Financing and facilities for the film industry
Very interesting tax breaks are granted to those associations (including private ones) that intend to invest in the world of cinema. We are talking about forms of de- taxation of profits and the possibility of accessing tax credits. Periodically, in fact, there are numerous notices published by the Municipalities, Provinces, Regions or from international institutions with which they are allocated grant funding to support the film industry.
Funding for non-profit organizations
The non-profit organization are non-profit organizations with social utility. It is precisely by virtue of the noble aims pursued by the non-profit organizations that the Public Institutions periodically provide loans dedicated to them. In particular, a non- profit organization pursues at least one of the following purposes:
- social and social health assistance;
- health care;
- promotion and enhancement of cultural heritage;
- promotion of culture and art;
- protection and enhancement of the environment;
- protection of civil rights;
- scientific research of social interest;
In particular, the loans granted in favor of non-profit organization can be used to purchase goods necessary to carry out charitable activities (eg the purchase of ambulances). Furthermore, the contributions received can also be used as a donation to health facilities.
The loans granted to the non- profit organizations, however, cannot cover the entire amount of expenses to be incurred. Another limitation is the fact that the associations, after receiving funding, are only allowed to use the purchased goods for at least three years, can not sell it to third parties and will use it solely to achieve social goals.
The asset purchased through the loan can be transferred, before the three years, to some voluntary organizations.
To obtain funding, non- profit organizations must submit a specific application to the Ministry of Labor and Social Policies.