Budgeting and Performing Arts Management in Nigeria: Valuated Concerns

Abstract

In spite of the many benefits accruable to organisations who engage in budgeting, performing arts establishments continue to treat same with levity. This work presents the two categories of performing arts establishments in Nigeria (government and privately owned) and outlines their budget practices. Terra Kulture is then presented as a case study of an outfit whose success and sustenance is attributable to good budgeting practices. The possible and estimated benefits from budgeting indicate why it pays to engage in effective budgeting.

Key Words: Budgeting, Performing Arts Management, Organizations, Valuated Concerns).