Member states of the European Union have been recognizing the importance of cultural and creative industries year after year, as well as the necessity to invest in their development. Cultural and creative industries, apart from contributing to the preservation of culture, also affect the state's economy and standard, as well as the overall quality of life of its citizens. The Republic of Croatia has no explicit policy for the development of cultural and creative industries. There are two extremes regarding financing methods of cultural and creative organizations in the Republic of Croatia. Public organizations are almost entirely relying on cofinancing by their founders and co-founders, while private organizations are primarily focused on alternative ways of financing. Despite the abovementioned, statistics are still showing, that the Republic of Croatia is not efficiently exploiting EU funds and programmes. This paper analyses four cultural financing programs implemented by the Ministry of Culture of the Republic of Croatia, in the framework of the Call for Proposals for the Programme of Public Needs in Culture of the Republic of Croatia for the year 2019. The aim of this research was to identify the characteristics of cultural-artistic organizations which have been granted financing of various programme and project contents, depending on their regional affiliation and ownership structure (public or private). The analysis of the results identified the high level of approved funds, in terms of their number, as well as their average and total value, to organizations registered in the City of Zagreb, where more than 50% of organizations holding the approved projects were privately owned. The aforementioned suggests, that public organizations are not sufficiently utilizing the available opportunities for funding projects and programme activities.