Arts and Artifacts Indemnity

To provide for indemnification against loss or damage for eligible art works, artifacts, and objects (1) when borrowed from abroad for 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; (3) when
borrowed from the U.S.

for exhibition in the U.S.

as part of exhibitions from abroad which include foreign-owned objects; and 4) when borrowed from U.S.

collections for exhibition in the U.S.
Examples of Funded Projects

Fiscal Year 2017: Indemnified exhibitions will be listed at www.arts.gov.

Fiscal Year 2018: Indemnified exhibitions will be listed at www.arts.gov.

Fiscal Year 2019: No Current Data Available


Agency - Federal Council On the Arts and the Humanities

Website Address

http://www.arts.gov




Program Accomplishments

Fiscal Year 2017: It is anticipated that 48 certificates of indemnity will be issued for 34 exhibitions. Fiscal Year 2018: It is anticipated that 48 certificates of indemnity will be issued for 34 exhibitions. Fiscal Year 2019: No Current Data Available

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.

Items must be of educational, cultural, historical or scientific value; and their exhibition, in the case of international exhibitions, must be certified by the Department of State to be in the national interest.

No indemnity agreement for a single exhibition shall exceed $1.8 billion for international exhibitions, or $1 billion for domestic exhibitions.

Deductible amounts are on a sliding scale based on the value of certificate, as follows: $15,000 deductible for valuations up to $2 million; $25,000 deductible for valuations from $2 million to $10 million; $50,000 deductible for valuations from $10 million to $125 million; $100,000 deductible for valuations from $125 to $200 million; $200,000 deductible for valuations of $200 million to $300 million; $300,000 deductible for valuations of $300 million to $400 million; $400,000 for valuations of $400 million to $500 million; and $500,000 for valuations above $500 million.

The total amount of indemnities that can be outstanding at any one time is $15 billion for international exhibitions and $7.5 billion for domestic exhibitions.

Eligibility Requirements

Applicant Eligibility

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

Beneficiary Eligibility

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

Credentials/Documentation

No Credentials or documentation are required. This program is excluded from coverage under 2 CFR 200, Subpart E - Cost Principles.

Aplication and Award Process

Preapplication Coordination

Prior to applying, potential applicants are encouraged to consult with the Indemnity Administrator, National Endowment for the Arts, Washington, DC.

All applicants must consult the Arts and Artifacts Indemnity Guidelines available at www.arts.gov.

Environmental impact information is not required for this program.

This program is excluded from coverage under E.O.

12372.

Application Procedures

This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Applicants must obtain guidelines and application instructions from the National Endowment for the Arts' website at www.arts.gov, and apply through Grants.gov.

Award Procedures

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

Contact the headquarters or regional office, as appropriate, for application deadlines.

Authorization

National Foundation on the Arts and the Humanities Act of 1965, as amended, Public Law 089-209, 20 U.S.C 977 et seq.; Arts and Artifacts Indemnity Act, Public Law 094-158.

Range of Approval/Disapproval Time

The length of time between application and notification is dependent on deadline dates and the meetings of the Federal Council on the Arts and the Humanities. Details can be found in the guidelines and program announcements available at www.arts.gov.

Appeals

Not Applicable.

Renewals

Requests for extensions and renewals must compete against new applications.

Assistance Considerations

Formula and Matching Requirements

This program has no statutory formula. Matching requirements are not applicable to this program. This program does not have MOE requirements.

Length and Time Phasing of Assistance

The time during which Indemnity coverage is in effect varies depending on the schedule of the particular exhibition. See the following for information on how assistance is awarded/released: This program provides indemnification against loss or damage, not grant support.

Post Assistance Requirements

Reports

Reports of any loss or damage are due by the termination of the indemnity period.

Cash reports are not applicable.

Progress reports are not applicable.

Expenditure reports are not applicable.

Performance monitoring is not applicable.

Audits

This program is excluded from coverage under 2 CFR 200, Subpart F - Audit Requirements. Final audits may be made at the discretion of the Federal Council on the Arts and the Humanities for up to 3 years after the termination of the indemnity period.

Records

Indemnitees are responsible for complete packing, shipping, security and condition reports on all indemnified items. These should be kept for 90 days beyond the end date of the indemnity period.

Financial Information

Account Identification

59-0101-0-1-503.

Obigations

(Insurance) FY 17 Not Separately Identifiable; FY 18 Not Separately Identifiable; and FY 19 Not Separately Identifiable - The figures in this section relate to claim payments, not obligations.

Range and Average of Financial Assistance

Not Applicable.

Regulations, Guidelines, and Literature

Regulations and guidelines are available on the National Endowment for the Arts' website at www.arts.gov.

Information Contacts

Regional or Local Office

None.

Headquarters Office

Patricia Loiko National Endowment for the Arts, 400 7th Street, SW, Washington, District of Columbia 20506 Email: loikop@arts.gov Phone: 202-682-5541

Criteria for Selecting Proposals

Contact the Indemnity Administrator.



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