Market Theatre needs funding as audiences, donor support decline

for additional grants as funding from sponsors and donors looks set to decline in the 2023-24 financial year.

“Because of the fundraising climate specifically for the arts, where [funders] would rather prioritise the issues that face the country like infrastructure, education, health, safety and security and social development … we are relying more and more on DSAC funding,” Sibande said during a briefing to parliament’s portfolio committee on sport, arts and culture.

As an official cultural institution, the foundation contributes to the department’s mandate of social cohesion and safer communities. It works towards this by creating an authentic South African arts and culture experience and committed to providing the highest level of artistic excellence, said the foundation’s deputy chairperson, Andiswa Vikilahle.

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