Acquitting your grant
Acquitting a grant means accurately reporting on the funded activities and the expenditure of Australia Council funding. Grant reports - providing artistic and financial information - are required on completion of your project.
Acquittal is a formal condition of funding. If you do not provide a satisfactory grant report at the times and in the manner detailed in your funding agreement the Australia Council will not make any further payments that may be due to you, and you will be ineligible to apply for further grants.
The Australia Council may ask you to pay back all or part of the funding provided to you. It may take action to recover any unspent or misspent funding as a debt due and payable.
Grant reports are used by the Australia Council to fulfil obligations of accountability to the Australian Government. They are also essential to the development work of the Australia Council. The reports help us evaluate the achievements of funded activities, monitor the effectiveness of grant categories and ensure our policy development is consistent with the experience of artists in the field.
If you received a grant from the Australia Council you must provide us with a grant acquittal report at the end of your funded activity.
Please read your funding agreement to check details of the grant acquittal material you should provide.
The grant acquittal report is where you tell us:
- how you spent your grant
- what the artistic outcomes of your funded activity were.
We use this information to evaluate the achievements of funded activities, monitor the effectiveness of our funding programs, and ensure our policy development is consistent with the experience of artists in the field. It also enables us to fulfil our obligation of accountability to the Federal Government.
If you don't provide a grant acquittal report, or if the report you submit is not satisfactory, you may not be eligible to apply for further funding or receive further payments from the Australia Council.
Reporting for Multi-year Funded Organisations
Organisations in receipt of multi-year funding are required to submit financial, statistical, and artistic reporting on an annual basis.
All reporting is submitted online via the Australia Council’s arts organisations reporting system.
If you are not sure what reporting you need to submit as part of your annual reporting, or what information to provide, please contact the liaison officer as listed in your funding agreement.