Initial search criteria
Properties simple review
Conclusion — Vision
INITIAL SEARCH CRITERIA
(clifton cultural arts)
(KENNEDY HEIGHTS ARTS CENTER)
(URBAN ARTIFACT & CHILDRESS)
(contemporary dance theater)
joe gorman (camp d.c.)
taylor STEPHENS (CITY)
UC 3-YEAR GRANT
HAMILTON COUNTY LAND CORP
leasE PRICING PER SF / YEAR
Ready to go finishes
for 5,000 SF space / year
for 10,000 SF space / year
Warehouse with front office
Clean & turn-key
Derelict space (owner willing to improve) but cloistered, small
Up-and-coming area, but not currently in-demand
Tenant pays for everything
Industrial area within suburb (space would fall below expectations)
No dedicated entryVery oddNo restrooms
12,000 SF Carthage Masonic
Needed restroom fixtures
Recently-new plumbing lines, roof, electrical
1 of 2 Auditoriums ready
Enough room to split and sublease
Monthly mortgage payment
Annual mortgage expenses
*Mortgage assumes we put down $20K of our $42K, 30 year (in reality, you'd need 20%)
5,000 SF Oakley Masonic
Finishes are outdated, but fine
Central air & heat
46,300 SF Norwood
Valued at $3M
4 BUILDINGS!!! 1.12 acres
Church, gym, school
Central heat & air + window
6,000 SF Norwood
does not increase significantly
Build-out / improvements
kept by organization and can be recouped when selling the property
can be comparable or less; unforeseen costs will be a hardship
are predictable as owner would be responsible for certain basic standards.
is not available from public sources (b/c of private owners)
LEASE VS. OWN
From discussions with Leslie Mooney of the CCAC & Ellen Muse-Lindeman of the KHAC
available for non-profit or public owners; city can give grant for purchases
more likely to be successful, and can also cover the costs completely (KHAC no debt)
will not be paid for by landlord. None of the spaces we can afford are acceptable. Owner will charge a premium. You end up paying for the condition of the building whether leasing or owning.
and limited-time in a lease; however less control over the space's condition and public's perception
ORGANIZATIONS WITH THEIR OWN SPACES MAKE MORE MONEY.
GRANT MONIES ARE OFTEN BASED ON PERCENTAGE OF TOTAL BUDGET.
Organizations without their own spaces RECEIVE THE LEAST IN GRANTS FROM ARTSWAVE. WE ARE AT THE VERY BOTTOM OF THE LIST, RECEIVING THE SMALLEST IMPACT GRANT.
ALL THE orgs UNDER $10,000 DO NOT HAVE THEIR OWN SPACE.
no weddings or private events
both ccac and khac despise them and will no longer do weddings in particular. it is not worth the staff time.
no one wants to share space
SPLITTING IS OKAY, BUT EVERYONE WANTS DEDICATED SPACE.
MY NOSE TURNS RED POSSIBLE FOR $700/MO.
IMPROV CINCINNATI POSSIBLE FOR $1500/MO.
City grant for building purchase
City assistance through neighborhood development corporation programs
Neighborhood development corporations/foundations
Fundraising (best if it is for a community center)
OhioArts NEXT Grant if it is a unique idea
National Endowment for the Arts placemaking (if it is a community-based center)
Unlikely for a lease from a non-public entity
CONCLUSION / VISION
Title or subtitle the building with community's name. Specialize and champion dance, but offer other programs. Partner with community groups to rally support.
Community center based in dance
Split the space and provide rentals for arts classes.
Performance, education, workshops
Encompass all our programs
and divisible space would be needed.
Continue to pursue listings for sale and lease
Because improving a building would be paid by us no matter if we leased or rented, continue to aggressively try to find a free or $1/year.
Use social media, newsletters, networking, and 1:1 communication to let people know that we are looking.
Try to find a community that would have a home for us.
CONNECT TO COMMUNITIES
MAKE SEARCH PUBLIC
JUNE in time for summer programs or SEPTEMBER in time for 19-20 programs.
Need to be prepared to make decisions quickly when opportunities arise.
MOTIVATIONAL TIMEFRAME GOALS