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Bravo warns member withdrawals and tax-rule changes could cut about $1 million from regional arts funding
Summary
A presenter for Bravo told Polk County leaders that two cities’ withdrawals and formula reductions could reduce Bravo’s available funds by about $1 million next year, threatening grants and youth programs that reach thousands of residents and students.
A representative for Bravo warned county leaders that recent member withdrawals and formula reductions will shrink the nonprofit’s budget and likely reduce grant support to local cultural organizations.
The presenter said two communities submitted notices to withdraw from Bravo, triggering an 18-month exit period that began Jan. 1, 2025, and that several other cities have cut their formula share from 28.6% to 25%. "We are anticipating as a result of these changes… a reduction of approximately a million dollars in available funding next year," the presenter said. "We have no ability to replace that lost revenue."
Why it matters: The presenter framed Bravo as the region’s coordinated arts council that saves time and money by handling…
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