This report considers methods of financing arts and cultural organisations (A&COs) which extend beyond the mainstays of contributed income including grants, ticket sales and other earned income. This is not because alternative methods can replace reduced contributed income or compensate for declining earned income for example, from box office but because they can complement them. And by complementing them, they can help arts and cultural organisations become more sustainable and better able to take creative risks. The purpose of the report is not to promote particular tools but to prompt A&COs to think more broadly about the range available and to encourage them to use them creatively and well in support of their mission. In addition to arts and cultural organisations, the report addresses finance providers and infrastructure or second tier organisations. It seeks to encourage funders and financiers to review their funding policy and practice and infrastructure or second tier organisations to consider what advice, information and support they might best be providing. The report is based on:
• initial research examining use of loan, equity and quasi equity finance by A&COs;
• a meeting with individuals involved in providing finance to charities and other organisations with social purposes;
• a meeting with mature A&COs;
• the comments of these two groups on a draft of this paper.

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