Capital Development Strategy

The Foundation’s financial model is designed to be sustainable and independent of direct funding from the City of Duncanville. 

Key financial strategies include:

Initial Fundraising Goal

The Foundation aims to establish a financial base that meets or exceeds the existing Duncanville Arts Fund to ensure operational stability and program development.

Phased Fundraising Timeline

• Phase 1 (Year 1-2): Expand revenue streams through earned income, private donations, program revenue, and business partnerships.

• Phase 2 (Year 3-4): Secure institutional funding through foundation grants.

• Phase 3 (Year 5+): Secure long-term financial sustainability by developing endowments and other interest-generating funding sources.

Revenue Sources

• Grants & Foundations: Funding from the Texas Commission on the Arts, and regional philanthropic organizations.

• Corporate Sponsorships: Partnerships with businesses aligned with cultural and economic objectives.

• Hotel Occupancy Tax (HOT) Funds: Collaboration with the City to allocate HOT funds toward cultural district initiatives that drive tourism.

• Earned Revenue: Income from ticketed events, merchandise sales, special engagements, and educational workshops.

• Membership & Patron Programs: Establishing tiered donor programs for sustained support.

Financial Oversight

• The Board of Directors will approve an annual budget and review financial performance quarterly.

• A grant tracking system will be implemented to ensure compliance and maximize funding impact.

• Quarterly financial reports will be published to ensure transparency and accountability.