HomeMy WebLinkAboutExhibit BMiami Arts & Entertainment Council (MAEC)
FY 2025-26 Budget Masterplan
MISSION STATEMENT
To serve as an advisory body that makes recommendations to the City of Miami regarding the
support of specific arts and entertainment initiatives, and to foster opportunities for emerging
creatives to live, work, and thrive in Miami.
STRATEGIC PRIORITIES FY 2025-26
Based on the 2024-25 Strategic Plan:
1. Enhance Cultural Infrastructure
2. Support Artists and Cultural Organizations
3. Engage the Community through Arts
4. Promote Miami as a Global Arts Destination
5. Leverage Arts for Economic Growth
PROGRAMS & INITIATIVES
Program Name Description
FY2025-26 Goals
Strategic Goal
Alignment
MAECArts Mixers
MAEC Passport &
Cultural Map
Annual MAEC
Gala
MAEC Magazine
(Digital/Print)
Quarterly networking
events for artists and
cultural partners.
Host 2 mixers in different
neighborhoods.
#3,
#5
#4,
Community arts
engagement tool and
economic driver.
Distribute 1,000 copies;
develop interactive map.
#1,
#5
A flagship fundraising
event modeled after Art
Basel.
Raise $50,000+ for
fellowships and
programming.
#2,
#5
A biannual publication
promoting local artists and
events.
Publish 2 issues annually;
grow subscriber base.
#4
BUDGET SUMMARY FY2025-26
CODE
Funding Source 2025-26 Adopted
Budget
NOTES
449000 Current Revenue
$17,151.96
FY 2025 — 2026
431000
Grants
439000
City of Miami
Contribution
$20,000.00 Mayor - Award 2898
466000 Cash with fiscal
agent/Donations
Total Revenue Projected $37,151.96
Object Projected Expenditures 2025-26 Adopted NOTES
Code Budget
531000
Cultural Infrastructure
$9,287.71
i
Collaborations with Art
Spaces, Theaters and
Creative Hubs
540000
Artist and Cultural
Organization Support
$11,145.80
Provide Grants,
Fellowships and Financial
Assistance to local Arts &
Entertainment
Organizations
548000
Community Engagement
$7,430.33
Promote programming
that expand access to the
arts
548100
Marketing and Promotions
$3,715.37
MAEC Merch, Digital
Marketing Initiatives
554000 Arts & Economic Growth $5,572.75
Local Business and
Chambers of Commerce
Collaborations
TOTALS: $37,151.96
MEASURABLE OUTCOMES FY2025-26
• 2 Arts Mixers with 100+ attendees each
• 20+ organizations in Passport/Map
• $50K raised at MAEC Gala
• Biannual magazine issues published
NOTES & RECOMMENDATIONS
• Emphasize digital innovation and access (QR-coded maps, online magazine).
• Develop metrics to assess fellowship impact and community engagement.
• Invest in capacity building by formalizing partnerships with educational institutions.
• Expand public -private partnerships (BIDs, Chambers of Commerce, local media).