Clarification of the budget for organisations – Slavery Memorial Year

Please click here for the translation in Papiamentu and here for Papiamento.

VAT
Amounts must be stated exclusive of VAT. Contributions from the Mondriaan Fund are awarded exclusive of VAT, unless the applicant is not subject to VAT. Please attach the proof from the tax authorities showing that you are not subject to VAT.

The Mondriaan Fund will ask for a clear and itemised overview of the variable project costs:

  • The total costs must equal the total financial coverage, including the contribution from the Mondriaan Fund. The budget must therefore be balanced.
  • Crucial items should be supported by quotations as much as possible.
  • The total budget is at least €5,000.
  • The maximum contribution from the Mondriaan Fund is 95%.

Costs
The budget should contain only variable project costs and therefore not fixed expenses of your organisation, such as private staff, management expenses and other fixed costs.

Possible cost items include:

1. Direct staff costs and fees related to the requested project
  • If possible, specify number of hours x amount. Please note that the budget should not include capitalised volunteers
2. Direct office costs

For example:

  • office costs
  • administration costs
  • audit costs related to the requested project
3. Implementation costs

For example:

  • rent (note: the rent of your own space cannot be claimed)
  • furnishing costs
  • expense allowances
4. Production costs new work

For example:

  • material costs (no transport, insurance or exhibition costs)
  • equipment inseparable from the work to be created
  • depreciation (33% annualised) or rental of specific equipment to display the work
  • fees for third parties performing activities for the project

The applicant institution is expected to pay a realistic fee to the artist.

5. Education costs / public information

For example:

  • production costs of educational material
  • costs for lectures, film screenings
6. Communication / marketing costs

For example:

  • advertisements, banners, posters
  • social media campaign
7. Production costs of an accompanying publication

For example:

  • Authors’ fees
  • Design and lithography
  • Photography / Illustrations
  • Photo / illustration rights
  • Editing and correction (internal and external)
  • Image editing (internal and external)
  • Translation costs
  • Royalties
  • Technical production (such as paper, printing, binding)

Financial coverage

The Mondriaan Fund will ask for a clear and itemised overview of the financial coverage:

  • Own revenue, such as entrance fees, publication proceeds, sponsorship (including in-kind) or crowdfunding.
  • Applicant’s own contribution.
  • Third-party contribution, such as the various public and/or private funds, the municipality, province.
  • The requested contribution to the Mondrian Fund.

Please note that:

  • If your organisation is subject to VAT, the VAT is not paid by the Mondriaan Fund. For this reason, amounts should be stated excluding VAT.
  • Financial coverage should not include capitalised labour.

Questions & contact

Any further questions about the budget? Please contact a member of the Mondriaan Fund directly. Or call +31 (0)20 523 15 23 or email svanapvra@zbaqevnnasbaqf.ay.

Bart Fuijkschot
Ingrid Senff
Zuzana Hermanova