What are the benefits for Marylands arts and culture groups?
Organizations will only need to complete the Data Profile (the online form used for collecting financial and other operational information) once each fiscal year. It will be available electronically and submitted as part of most grant applications to the participating funding agencies throughout the year. Financial data will be drawn from each organization’s audit, providing accurate and reliable information. Organizations will be able to use this system to track their trends over time. After the first year of data collection, aggregate information will be available to help groups benchmark their organization against others by discipline, budget size and many other categories.