Over the past years, IMC has successfully diversified its sources of project funding and has secured grants from a great number of foundations, corporations, governmental agencies, NGOs, IGO etc. The following list gives somes examples:
African Marketplace Inc. (Los Angeles, USA)
Cultural Engineering LLC
Ford Foundation (New York, USA; Lagos, Nigeria)
Institute for Cultural Enterprise (New York, USA)
International Institute for Education (New York, USA)
International Music and Media Centre (Vienna, Austria)
Organisation Internationale de la Francophonie (Paris, France
Prins Claus Fund (Amsterdam, Netherlands)
Rockefeller Foundation (New York, USA)
Swedish International Development Agency (Stockholm, Sweden).
Sponsorships for IMC programme activities have furthermore come from Dowling and Associates, the University of Pittsburgh, Net4Music, the City of Aachen and the Royal Conservatory The Hague.
As a non-governmental organization (NGO) engaged in formal associate relations with UNESCO, the IMC has access to UNESCO financial support which comes under two possibilities:
- The Framework Agreement signed with UNESCO allows IMC to benefit from UNESCO funding for specific projects carried out by IMC itself or by its members. The IMC Secretariat is responsible for the selection of these projects. Funds received under the Framework Agreement with UNESCO have been allocated also to members' activities in order to enhance IMC's action for the development and promotion of diverse music.
- IMC is also entitled to request funding from UNESCO under its Participation Programme (PP), which analyzes, evaluates and facilitates the implementation of national, sub-regional, inter-regional and regional projects directly related to the activities of UNESCO and it serves as a means of strengthening the partnership between UNESCO and international non-governmental organizations.