PPP Update for Individuals

Here’s how it’ll work: Starting as soon as Monday, sole proprietors, independent contractors, and self-employed individuals may apply for a PPP loan equivalent to the figure listed on line 7 of their Schedule C form--that is, their gross income. Previously, businesses needed to list their net income, or line 31 on the form, which removes taxes and other expenses from the calculation.

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NEW Shuttered Venue FAQ Specifies Revenue Definitions

On February 28, the Small Business Administration (SBA) posted a substantially updated set of Frequently Asked Questions, outlining information about eligibility for the Shuttered Venue Operators Grants (SVOG) program. The newest FAQ states that declines in gross revenue will determine an applicant's eligibility for the priority grant award periods. Following are several related excerpts:

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California Legislative Members Urge Governor Newsom to Give the Arts Reopening Guidelines

California is one of the few remaining states without guidelines for the performing arts. Washington issued theirs in early 2021 and New York announced reopening of large-scale events at 10% capacity as early as March of this year. Additionally, England’s recent roadmap to recovery includes the possibility of lower capacity events by May 17 and full reopening with testing before the end of June.

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ActJade Elyssa Rivera
SBA Changes Its SVOG Website Again

The Small Business Administration (SBA) continues to add unnecessary confusion to the rollout of the Shuttered Venue Operators Grants (SVOG). Last Friday, the SBA updated SVOG guidelines on their website to reflect that a loss of “earned” revenue would be the measurement for determining Priority Grants Distribution. I’m sorry to report that the SBA has now removed the word “earned” in this Priority Grants Distribution section. The language returned to the generic word “revenue.” This does not necessarily mean that they won’t use the “earned” revenue definition, but it has brought us back to the original ambiguity.

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California Lost 175,000 ‘Creative Economy’ Jobs, Study Finds

She added that the surveys had found racial disparities in loss of income and access to federal money: All of those who identified as Black or African-American indicated a loss of income, while an average of 12 percent of those in all other ethnic groups identified a similar loss.

And 18 percent of Black, Indigenous or people of color individuals or organizations said they were denied funding through the federal Coronavirus Aid, Relief, and Economic Security Act. The report added that 5 percent of other people and organizations said they were denied.

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Summary Analysis of the Statewide Covid-19 Economic Impact Survey for Creative Organizations and Businesses

To assess the impacts of the pandemic, Californians for the Arts (CFTA) conducted two online surveys of creative sector workers as well as businesses and nonprofit organizations between October 6 and November 27, 2020. Surveys were available online in English and in Spanish. CFTA engaged Victoria Plettner-Saunders, a Principal with the arts research and consulting firm WolfBrown, to design, implement and provide analysis of the surveys.

Organizations that have as a primary mission to serve the BIPOC community reported disproportionate access to CARES Act funding than those that reported having a different primary mission. It is unclear why organizations were denied funding or why they did not apply.

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Summary Analysis of the Statewide Covid-19 Economic Impact Survey for Artists & Cultural Workers

Between October 6 and November 27, 2020, Californians for the Arts (CFTA) conducted an online survey of creative sector workers, to assess the personal and professional impacts of the COVID-19 pandemic. The survey was available online in English and Spanish. CFTA engaged Victoria Plettner-Saunders, a Principal with the arts research and consulting firm WolfBrown to design, implement and provide analysis of the surveys.

Of those who indicated the need for mortgage or rent relief for their place of residence (with either employment status), 29% identified as White compared to 49% who identified as part of the BIPOC community.

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SB-628 California Creative Corps

Existing law establishes an Arts Council in state government to, among other things, promote the employment of artists and those skilled in crafts in both the public and private sector.

This bill would state the intent of the Legislature to enact legislation that would establish the California Creative Corps, a job and training program to employ and deploy artists and creative workers with the intent to achieve specified goals related to civic, cultural, and economic improvement of the state.

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COVID-19 Impact Survey for Artists

This revised survey enables the partners to gauge what is happening to our creative economy and address what is needed to provide relief and spur recovery. All types of creative workers should participate: practicing artists, culture bearers, educators and teaching artists, creative entrepreneurs, and hobby artists).

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ActJade Elyssa Rivera
The Creative Industry Can Power California's Economic Recovery

Recognizing the disproportionate impact to California’s Creative Industries due to the COVID Pandemic and the state mandated closures and recognizing the value and impact of the arts, culture and creative sector to power community engagement, social cohesion, wellness, healing, and state and local economies, California Arts Advocates asks for the following resources and investment from the Newsom Administration and California Legislature.

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ActJade Elyssa Rivera