Funding of Cork 2005
Cork City Council and the Department of Arts, Sport and Tourism were the primary funders of the European Capital of Culture programme in Cork in 2005. They provided startup funding to the company from when it started operating in autumn 2003 and continued to be the main funders to the company over its life. Their total support to the company over its life will be €13.6m.
The European Union provided €500,000 of funding through the Culture 2000 scheme. This was specific funding for two projects firstly preparation for the 'Relocation' project in 2004 and then the actual delivery of the productions in 2005.
The company generated just over €7m in income from sponsorship and other income. Of this €2.87m was in cash which was recognised in the financial accounts. An additional €4.2m was in kind support from commercial sponsors of the company.
Most of the Cork 2005 programme was delivered by individuals and organisations that the company contracted with. The company provided these project partners with a combination of cash and production support set out in each contract. A smaller number of projects were delivered directly by the company itself. Total expenditure on cash support to project partners and on programme production was €10.3m.
The company provided comprehensive project management to all projects in the programme. Each project was assigned a project manager with expertise in the relevant field. The company also employed a range of specialists in cultural programming, sponsorship, communications, information and the overall management of the company. It also put in place a comprehensive technology infrastructure which will be passed on to the cultural organisations of Cork. The total cost of programme and organisational support was €4.8m.
The company developed a comprehensive marketing and communications strategy to make the public aware of the contents of the programme. This included the development of a range of publications, media advertising and a web site. Total costs in this area were €1.7m.