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<p class="MsoNormal">FYI – updates on the Shuttered Venues assistance<o:p></o:p></p>
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<p class="MsoNormal"><b>From:</b> Nina Ozlu Tunceli <artsactionfund@artsusa.org> <br>
<b>Sent:</b> Friday, February 19, 2021 1:19 PM<br>
<b>To:</b> sheri.stuart@state.or.us<br>
<b>Subject:</b> Major SBA Breaking News on Shuttered Venues<o:p></o:p></p>
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<p class="MsoNormal"> <a href="http://go.pardot.com/e/565082/2021-02-19/4sjmkv/684787371?h=2J9fDoWCqS8zvaB4PsKHqiX7Zc0l7x21KYfU17lR-l8"><span style="text-decoration:none"><img border="0" width="600" height="269" style="width:6.25in;height:2.8in" id="_x0000_i1025" src="http://go.pardot.com/l/565082/2020-10-30/4h2p6j/565082/16040846398g2PCaPV/eblast.png" alt="ArtsVote Banner"></span></a><o:p></o:p></p>
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<span style="font-size:10.5pt;font-family:"Tahoma",sans-serif;color:#333333"> <a href="http://go.pardot.com/e/565082/COVID19Resources/4sjmkx/684787371?h=2J9fDoWCqS8zvaB4PsKHqiX7Zc0l7x21KYfU17lR-l8">
<span style="text-decoration:none"><img border="0" width="175" height="57" style="width:1.825in;height:.5916in" id="_x0000_i1026" src="http://go.pardot.com/l/565082/2021-02-19/4sgphq/565082/1613761767sSVz6T3O/15.png"></span></a> <a href="http://go.pardot.com/e/565082/red-venue-operators-grants-faq/4sjmkz/684787371?h=2J9fDoWCqS8zvaB4PsKHqiX7Zc0l7x21KYfU17lR-l8"><span style="text-decoration:none"><img border="0" width="175" height="57" style="width:1.825in;height:.5916in" id="_x0000_i1027" src="http://go.pardot.com/l/565082/2021-02-19/4sgphv/565082/1613761844S8pEwCeb/ArtsVote_Buttons_for_Eblasts.png"></span></a>
<a href="http://go.pardot.com/e/565082/huttered-venue-operators-grant/4sjml2/684787371?h=2J9fDoWCqS8zvaB4PsKHqiX7Zc0l7x21KYfU17lR-l8"><span style="text-decoration:none"><img border="0" width="175" height="57" style="width:1.825in;height:.5916in" id="_x0000_i1028" src="http://go.pardot.com/l/565082/2021-02-19/4sgphx/565082/1613761870qznQuyQC/17.png"></span></a>
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<p class="MsoNormal"><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif"> February 19, 2021</span><o:p></o:p></p>
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<span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">Dear Sheri,</span>
<o:p></o:p></p>
<p><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">The Small Business Administration (SBA) posted a major development to its website today, confirming that lost “<b><span style="background:yellow">Earned Revenue</span></b>” will be the measurement
in determining which Priority Period an organization qualifies for in awarding Shuttered Venue Grants. This is welcome news to the nonprofit performing and presenting arts community because they will not be required to include their contributed revenue in
the calculation to determine if they had at least a 90%, 70% or 25% revenue loss between April 2020 through December 2020, in comparison to 2019. Please also note, none of the federal CARES Act funds need to be included in the revenue calculations either.</span><o:p></o:p></p>
<p><b><u><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">The following chart was posted on the
</span></u></b><a href="http://go.pardot.com/e/565082/huttered-venue-operators-grant/4sjml2/684787371?h=2J9fDoWCqS8zvaB4PsKHqiX7Zc0l7x21KYfU17lR-l8"><b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">SBA’s Shuttered Venues website</span></b></a><b><u><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">:</span></u></b><o:p></o:p></p>
<p style="text-align:start"><img border="0" width="550" height="219" style="width:5.7333in;height:2.2833in" id="_x0000_i1029" src="http://go.pardot.com/l/565082/2021-02-19/4sjm9b/565082/1613765293H8yZfIdp/Screen_Shot_2021_02_19_at_2.20.41_PM.png"><br>
<br>
<b><u><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">Other Shuttered Venue Operator Grant (SVOG) News and Resources:</span></u></b><o:p></o:p></p>
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<![if !supportLists]><span style="font-size:10.0pt;font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif;color:#333333">SBA posted a newly updated list of
<a href="http://go.pardot.com/e/565082/red-venue-operators-grants-faq/4sjmkz/684787371?h=2J9fDoWCqS8zvaB4PsKHqiX7Zc0l7x21KYfU17lR-l8">
<b>Frequently Asked Questions</b></a> (FAQs) for Shuttered Venue Operator Grants as of February 12, 2021.</span><o:p></o:p></p>
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<![if !supportLists]><span style="font-size:10.0pt;font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif;color:#333333">SBA posted a new
<a href="http://go.pardot.com/e/565082/y2t5queourQ/4sjml4/684787371?h=2J9fDoWCqS8zvaB4PsKHqiX7Zc0l7x21KYfU17lR-l8">
<b>DUNS and SAM.gov Registration Training Video</b></a> as of February 18, 2021.</span><o:p></o:p></p>
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<![if !supportLists]><span style="font-size:10.0pt;font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif;color:#333333">SBA posted a
<a href="http://go.pardot.com/e/565082/sba-coronavirus-relief-options/4sjml6/684787371?h=2J9fDoWCqS8zvaB4PsKHqiX7Zc0l7x21KYfU17lR-l8">
<b>Simple Cross-Program Eligibility Table</b></a> of various SBA programs that you can and cannot apply for simultaneously.</span><o:p></o:p></p>
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<![if !supportLists]><span style="font-size:10.0pt;font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif;color:#333333">Regularly visit the
<a href="http://go.pardot.com/e/565082/erators-grant-section-header-0/4sjml8/684787371?h=2J9fDoWCqS8zvaB4PsKHqiX7Zc0l7x21KYfU17lR-l8">
<b>SBA website for SVOG</b></a> updates on their upcoming webinars and other technical assistance.</span><o:p></o:p></p>
<p style="text-align:start"><b><u><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">Arts Action Fund List of Key Eligibility Guidelines for SVO Grants:</span></u></b><o:p></o:p></p>
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<b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">Definition Eligibility:</span></b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif"> For live venue operators, producers, and live performing arts organization operators, you need
to show that at least <b>70%</b> of 2019 <b>earned revenue</b> comes from ticket sales, production fees, nonprofit education initiatives or sale of food & beverage.</span><o:p></o:p></li><li class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l1 level1 lfo2">
<b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">Minimum Loss Eligibility:</span></b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif"> For live venue operators, producers, and live performing arts organization operators, museums
and movie theaters, you need to show at least a <b>25% </b>reduction in <b>gross earned revenue
</b>during at least one quarter of 2020 as compared to the corresponding quarter in 2019.</span><o:p></o:p></li><li class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l1 level1 lfo2">
<b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">Federal Grants Eligibility:
</span></b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">For live venue operators, producers, and live performing arts organization operators, museums and movie theaters, you need to show that no more than <b>10%</b> of your 2019
<b>gross revenue</b> comes from Federal funding. (This does not include CARES Act funding for things like PPP, etc)</span><o:p></o:p></li><li class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l1 level1 lfo2">
<b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">Priority Grants Eligibility:</span></b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif"> For live venue operators, producers, and live performing arts organization operators, museums
and movie theaters, you need to show at least a <b>90%, 70% or 25%</b> loss in <b>
earned income</b> for the period from 4/1/20 through 12/31/20, as compared to the same period in 2019.</span><o:p></o:p></li><li class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l1 level1 lfo2">
<b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">Size of SVO Grant Award Eligibility:
</span></b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">For live venue operators, producers, and live performing arts organization operators, museums and movie theaters in operation by 1/1/19, you can apply for
<b>45%</b> of your 2019 <b>gross earned revenue</b>, up to a $10 million cap.</span><o:p></o:p></li></ol>
<p><b><u><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">Congress Releases Details of the Next COVID Relief Bill:</span></u></b><o:p></o:p></p>
<p><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">Today, </span><a href="http://go.pardot.com/e/565082/20Con20Res20520Bill20Final-pdf/4sjmlb/684787371?h=2J9fDoWCqS8zvaB4PsKHqiX7Zc0l7x21KYfU17lR-l8"><b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">Congress
released the first public consolidated draft</span></b></a><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif"> of the massive $1.9 trillion COVID Relief bill implementing much of President Biden’s American Rescue Plan. Last week, the
</span><a href="http://go.pardot.com/e/565082/-19-arts-relief-update-2-11-21/4sjmld/684787371?h=2J9fDoWCqS8zvaB4PsKHqiX7Zc0l7x21KYfU17lR-l8"><b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">Arts Action Fund sent everyone an update on February
11<sup>th</sup></span></b></a><b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">,</span></b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif"> which highlighted in red all the key components of this new relief bill that will expressly
benefit the arts.</span><o:p></o:p></p>
<p><b><u><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">Upcoming SVO Webinar & Zoom Office Hours</span></u></b><o:p></o:p></p>
<p><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">We will email you with the new date and time for our second part webinar on SVO grants as soon as SBA releases its official guidelines. In the meantime, the Arts Action Fund posts all COVID-19
economic resources at </span><a href="http://go.pardot.com/e/565082/COVID19Resources/4sjmlg/684787371?h=2J9fDoWCqS8zvaB4PsKHqiX7Zc0l7x21KYfU17lR-l8"><b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">www.ArtsActionFund.org/COVID19Resources</span></b></a><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">.</span><o:p></o:p></p>
<p><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif;color:black">In the meantime, join me for
</span><a href="http://go.pardot.com/e/565082/OfficeHoursNina/4sjmlj/684787371?h=2J9fDoWCqS8zvaB4PsKHqiX7Zc0l7x21KYfU17lR-l8"><b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">Zoom Office Hours with Nina</span></b></a><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif;color:black">
every Friday at 11:00 am ET to answer your questions. You can also still take action and
</span><a href="http://go.pardot.com/e/565082/vvsrc--Campaigns-80241-Respond/4sjmll/684787371?h=2J9fDoWCqS8zvaB4PsKHqiX7Zc0l7x21KYfU17lR-l8"><b><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif">contact your Members of Congress</span></b></a><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif;color:black">
to pass the upcoming COVID Relief legislation.</span><o:p></o:p></p>
<p><span style="font-size:10.5pt;font-family:"Tahoma",sans-serif;color:black">Stay safe and stay tuned for more. </span><br>
<br>
<span style="font-size:10.5pt;font-family:"Tahoma",sans-serif"><img border="0" width="100" height="50" style="width:1.0416in;height:.525in" id="_x0000_i1030" src="http://go.pardot.com/l/565082/2020-12-18/4m1fvt/565082/1608338665hJ2ICSjw/Screen_Shot_2020_12_18_at_7.44.15_PM.png"><br>
<strong><span style="font-family:"Tahoma",sans-serif">Nina Ozlu Tunceli</span></strong><br>
Executive Director<br>
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