Arts and Artifacts Indemnity (45.201)

 

Program

45.201 Arts and Artifacts Indemnity

 

Federal Agency

FEDERAL COUNCIL ON THE ARTS AND THE HUMANITIES, NATIONAL FOUNDATION ON THE ARTS AND THE HUMANITIES

 

Authorization

National Foundation on the Arts and the Humanities Act of 1965, as amended, Public Laws 89-209, and 94-158, 20 U.S.C. 971 et seq.

 

Program Number

45.201

 

Last Known Status

Active

 

Objectives

To provide for indemnification against loss or damage for eligible art works, artifacts, and objects 1) when borrowed from abroad on exhibition in the U.S.; 2) when borrowed from the U.S. for exhibition abroad, preferably when there is an exchange exhibition from a foreign country; and 3) when borrowed from the U.S. for exhibition in the U.S. as part of exhibitions from abroad which include foreign-owned objects.

 

Types of Assistance

Insurance.

 

Uses and Use Restrictions

Certificates of Indemnity will be issued for the following items insuring them against loss or damage: 1) Works of art, including tapestries, paintings, sculpture, folk art, graphics, and craft arts; 2) manuscripts, rare documents, books, and other printed or published materials; 3) other artifacts or objects; and 4) photographs, motion pictures, or audio and video tape; which are of educational, cultural, historical or scientific value; and, the exhibition of which is certified by the United States Department of State to be in the national interest. Restrictions: No indemnity agreement for a single exhibition shall exceed $500 million. Deductible amounts are on a sliding scale based on value of certificate, as follows: $15,000 deductible for exhibitions of up to $2 million in value; $25,000 for valuation of $2 million to $10 million; $50,000 for valuation of $10 million to $125 million; $100,000 for valuation of $125 million to $200 million; $200,000 for valuation of $200 million to $300 million; and $400,000 for valuation above $400 million. The total amount of indemnities that can be outstanding at any one time is $5 billion.

 

Eligibility Requirements

Applicant Eligibility

Federal, State, and local government entities, nonprofit agencies, institutions, and individuals may apply.

Beneficiary Eligibility

Federal, State, and local government entities, nonprofit agencies, institutions, and individuals will benefit. Audiences of indemnified exhibitions will also benefit.

Credentials/Documentation

This program is excluded from coverage under OMB Circular No. A-87.

 

Application and Award Process

Preapplication Coordination

Assistance is available from the Indemnity Administrator, National Endowment for the Arts, Washington, DC 20506-0001. This program is excluded from coverage under OMB Circular No. A-102; it is also excluded from coverage under E.O. 12372.

Application Procedure

Applicants should request guidelines and application forms from: The Indemnity Administrator, National Endowment for the Arts, Washington, DC 20506. This program is excluded from coverage under OMB Circular No. A-110.

Award Procedure

The Federal Council on the Arts and the Humanities makes final decisions on all awards based on recommendations from consulting panels of professionals in the field.

Deadlines

April 1 and October 1 of each year.

 

Range of Approval/Disapproval Time

Appeals

None.

Renewals

Requests for extensions and renewals must compete against new applications.

 

Assistance Considerations

Formula and Matching Requirements

Coverage does not include the first $15,000, $25,000, $50,000, $100,000, $200,000, $300,000, or $400,000 based on the deductible formula for the value of an exhibition. The applicant must assume the deductible for the exhibition.

Length and Time Phasing of Assistance

The time of assistance varies.

 

Post Assistance Requirements

Reports

Reports of loss or damage at termination of exhibit.

Audits

Final audits may be made at the discretion of the Federal Council on the Arts and the Humanities for up to three years after the termination of the indemnity time period.

Records

Applicants are responsible for complete packing, shipping, security and condition reports on all indemnified items.

 

Program Accomplishments

Thirty-nine certificates of indemnity were issued in fiscal year 2002 for 39 exhibitions. It is anticipated that 40 certificates of indemnity will be issued in fiscal year 2003 for 40 exhibitions. It is anticipated that 43 . certificates of indemnity will be issued in fiscal year 2004 for 43 exhibitions.

 

Financial Information

Account Identification

59-0100-0-1-503.

Obligations

(Claim payments) FY 02 $0; FY 03 est $0; and FY 04 est $0.

Range and Average of Financial Assistance

Coverage: $1,000,000 to $5,000,000,000 in fiscal years 2002, 2003, and 2004.

 

Regulations, Guidelines and Literature

Regulations and guidelines are available from the Indemnity Administrator, National Endowment for the Arts, Washington, DC 20506-0001. Application instructions and forms also are available in downloadable format on the Endowment's Web site www.arts.gov.

 

Related Programs

None.

 

Information Contacts

Regional or Local Office

Not applicable.

Headquarters Office

Indemnity Administrator, National Endowment for the Arts, Washington, DC 20506-0001. Contact: Alice M. Whelihan. Telephone: (202) 682-5574.

Web Site Address

http://www.arts.gov

 

Examples of Funded Projects

Exhibitions in 2002 and 2003 which received certificates of indemnity are listed on the Web site, www.arts.gov.

 

Criteria for Selecting Proposals

Contact the Indemnity Administrator.

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