Hong Kong arts and culture need public support and private funding to succeed
- Museums and cultural groups remain heavily dependent on government funding due to a lack of public appreciation
- Education can change this, and wealth owners can also do more to support emerging artists and the sector’s development
There is a general misconception that museums and other cultural groups are well-funded. According to industry stakeholders, however, museums and performance and other cultural groups are heavily dependent on public funds due to a lack of public appreciation for art and culture.
For instance, managing collections – which includes leasing, insurance, and display and storage of the works – easily cost a museum HK$100 million (US$12.7 million) annually. This is on top of the running costs of wages, building repairs, curatorial duties, conservation and research, just to name a few.
Refreshing exhibitions and performances regularly attracts patronage and cultivates appreciation. But that is not the only reason to invest in art and culture.
The arts not only nurtures talented individuals, but also enables participants to strengthen their self-esteem and build vital soft skills.
During preparations for a concert, the foundation’s teachers noticed that one of the students, a self-taught beatboxer, was always late for rehearsal. It turned out it was because he was sneaking out against his parent’s wishes, as they saw no value in his pursuit of a creative passion. But after some persuasion, his parents eventually permitted him to join the concert and even attended it.
Having someone stand up for him gave the student a sense of belonging and confidence. This shows how the arts can have a positive impact on the confidence and emotional development of young people.
Another arts charity, the Absolutely Fabulous Theatre Connection, has developed an arts-based, multidisciplinary creative learning project for 10 primary schools and a scheme that uses play scripts as a framework for discussion and critical thinking among secondary students.
For instance, in working with a Tin Shui Wai primary school, children were inspired by Along the River During the Ching Ming Festival Festival, a historic handscroll painting, as part of a project to encourage creative thinking and extend Chinese-language learning via costume-making.
More initiatives like these, which focus on making arts education experiential and exploratory, encourage young people to stay inquisitive. These are needed if public perception of the arts is to change.
One way is for those profiting in the sector to reinvest in local talent to help emerging artists build their profiles. Examples include providing gallery space for aspiring artists, mentoring talent and creating opportunities for the next generation of artists to collaborate creatively.
Wealth owners can also explore blended finance options to accelerate the sector’s development. For instance, through the build-operate-transfer (BOT) model, they could finance the development of large-scale cultural institutions, leverage their experiences in marketing and audience development to attract patrons, and transfer their operations back to the government once they become more commercially viable.
Hong Kong has become a unique meeting place for the arts and a crossroads for the international community to converge and collaborate. Many curators and collectors are eager to return to Hong Kong to connect with local and regional artists. This sentiment is why Hong Kong is an arts hub, and why more needs to be done to preserve our reputation.
On the one hand, private capital is needed for education, to change mindsets about the arts. On the other, cultural institutions require financing to support their operations, reach out to the public effectively, and create programming that reflects this city’s potential for cultural exchange.
With its unique heritage and strategic location, Hong Kong has an incredible opportunity as a hub for arts and culture between China and the rest of the world. The possibilities are endless and the time to support the sector’s sustainable growth is now.
Dorothy Chan is head of philanthropy services and advisory, Asia Pacific, at HSBC Global Private Banking