At the end of the period for which a grant is made, the recipient is required to submit a report, using the How to Acquit Guidelines, outlining how the grant has been spent and giving an account of the artistic benefits or initiatives made possible by the grant.

Arts NSW's How to Acquit Guidelines are available for downloading or by calling 02 9228 5533 or 1800 358 594 (NSW).

The due date for the acquittal is documented in the grant conditions. In addition, the recipient may be asked to provide statistical information about their organisation and its activities.

Fellowship or scholarship recipients are required to provide reports to the assessment committees on the progress of the project, usually at six-monthly intervals, as well as a final artistic and financial report.

Components of an Acquittal Report

Artistic report
The artistic report should give details of the activities funded by Arts NSW, with particular mention of the benefits resulting from the grant. The report should be signed by the chairperson or the chief executive.

Financial report
The financial report will be either the organisation's latest annual accounts prepared in a standard format and duly audited and certified by a public accountant, or a statement of income and expenditure certified by the chairperson or the chief executive. The type of financial report required will depend on the organisation's structure. In either case, the Arts NSW's grant should be clearly identified as a separate item of income.

Statistical report
If requested, the statistical report will provide information, as requested by Arts NSW, in a number of areas, including employment and audience numbers. These statistics will be collated to provide information to the Government about the impact of grants on employment, access and economics.