Montalvo Association
For A Capital Asset Reserve Assessment
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Amount$30,000
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Program
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Date Awarded8/21/2013
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Term9.0 Months
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Type of SupportProject
About the Grantee
Grantee Website
www.villamontalvo.org
Address
Post Office Box 158, Saratoga, CA, 95071-0158, United States
Grants to this Grantee
for general operating support
Montalvo Association in Saratoga is a multi-disciplinary arts center housed on the grounds of a 100-year-old villa that is listed on the National Register of Historic Places. Its 16 stand-alone buildings include a 1,400-seat amphitheater and artist residences, surrounded by 175 acres of park grounds and gardens. In a typical year, 20,000 people visit Montalvo to attend concerts and theater performances; view the work of local, national, and international visual artists on its grounds and in its gallery; and participate in educational programs.
a one to one matching grant for general operating support
Saratoga-based Montalvo Arts Center is a leading presenter and producer of performing arts events in the South Bay. In the 2008-09 season the organization dismissed one executive director, hired an interim director and recently hired Angela McConnell to be their new permanent director. Also during that time the organization reduced its annual operating budget from $6 million to $4.3 million and reduced a projected $1.5 million operating deficit to $250,000. With a $125,000 matching grant the organization will challenge its board, former trustees and other individual donors to work together over a 60 day period to eliminate its current deficit entirely and enter its upcoming fiscal year debt free.
($125,000/1; 100% of project).