The Icelandic Film Fund has supported Icelandic film production since it was established in 1979. The Fund’s primary focus is financially supporting filmmakers in Iceland in creating films that have cultural and societal relevance in Iceland. The Fund emphasizes the development of the Icelandic film culture and supports various forms of films at several stages of film production, from script writing to production and promotion. It engages in activities such as promotion of the films within Iceland or in foreign countries, in addition to supporting local film festivals, seminars and workshops where local and foreign professionals, as well as aspiring filmmakers, are given the opportunity to form connections with one another and exchange information. The Fund has also placed particular emphasis on supporting production of children’s material, aiming to ensure that at least one project specifically aimed at children be produced each year, as per the policy of Icelandic filmmaking for the years 2016-2019. The same policy also emphasizes continuing support specifically for individuals new to the industry. Formulation of the Icelandic filmmaking policy for 2020-2030 is currently in progress. This will be the first time in Iceland that a comprehensive policy and a plan of action on its basis is formed. The policy will address the role of filmmaking in Icelandic culture, film education on all levels, promotion of Icelandic films and support in the production of films. This policy is currently being formed by a team appointed by the Ministry of Education, Science and Culture who actively collaborate with stakeholders in Icelandic film making.

The Antiquity Fund of Iceland allocates fiscal support to specific projects. These primarily relate to archaeological research, excavation and registration of archaeological data, communication of information regarding antiquities, preservation and maintenance in relation to archaeological objects. The Fund may also provide support to maintenance of other cultural relics. A committee of individuals from multiple facets of the industry are appointed by the Minister of Education, Science and Culture to allocate grants. The law of cultural relics specifies how the Fund operates. Its ultimate goal is to ensure that Iceland’s cultural relics and antiquities are appropriately maintained and protected, ensuring that Iceland’s cultural heritage remains intact for future generations.

The Icelandic Literature Center is a public body. The role of the Center is to raise awareness of Icelandic literary culture, both in Iceland and abroad, as well as promoting its distribution through translation and travel grants. The objective is to ensure a wide range of high-quality publishing in Iceland, the international advancement of Icelandic literature, and the translation of literature from foreign languages into Icelandic. Grant allocations are made annually to domestic publishing of Icelandic literature and translation subsidies for Icelandic literature abroad. The Center cooperates with many local entities in particular campaigns to raise awareness of Icelandic literature domestically. The promotional work that the Icelandic Literature Center engages in abroad mainly involves participation in literary exhibitions. Among other things, the Center promotes various Icelandic literary works, awards received by Icelandic authors, as well as consulting with foreign publishers and translators. Authors, publishers and organizers of literary events can apply for support in the promotion of literary works written by Icelanders. The Center also supports the publication of Icelandic works of literature and the publication of literary works translated into Icelandic, as well as the advancement of literary culture in Iceland. The Center always strives to allocate support to diverse activities in the literary field on both national and international levels. The Center allocates grants each year to publishers and authors in Iceland and abroad: publication grants, grants for books for children and young readers, translation grants, innovation grants, travel grants for authors, residential grants for translators, sample translation grants and reader's report grants. The Center supports and promotes Icelandic literature internationally and assists Icelandic authors and publishers in various ways with promotional activities abroad. The Center annually publishes a brochure of books published in Iceland over the course of the previous year, deemed promising for publication abroad. The Center assists Icelandic publishers in strengthening their bonds with colleagues abroad through publisher exchanges between Iceland and other countries. In order to ensure professionalism in the allocation of grants, the Center commissions external literary advisers, appointed for one year at a time, to make proposals for allocations of grants. The board also monitor grants, as well as holding ultimate responsibility for compliance with the law. Gender equality is pursued in all the work the Center engages in, such as allocations of grants, authors' participation in events and selection of literary advisers. The Center engages in targeted measures to encourage reading, in collaboration with a broad-based group in the literary field, with the objective of increasing interest in reading and deepening the relationship between authors and readers. One aspect of this is visits by authors to upper secondary schools, which commence in 2020 in collaboration with educational authorities and other partners. The Center also conducts annual reading surveys in Iceland, in collaboration with professional organizations and bodies within the literary sector. The Center takes the initiative in active collaboration with as many professional and stakeholder organizations as possible in the fields relating to its activities, including authors, publishers, translators, universities, libraries, literary festivals, institutes, Icelandic embassies and the Reykjavík Literary Festival, Reykjavík UNESCO City of Literature, the Árni Magnússon Institute for Icelandic Studies, Icelandic embassies abroad and Promote Iceland. A Translators' Seminar is held in alternate years for translators of Icelandic literature into foreign languages, in collaboration with leading bodies in the literary field. A literary award to translators of Icelandic literature, Orðstír, is presented at the Seminar. Work is to continue on the development, promotion and use of the Translators page on the Center's website.

In 2012, Icelandic legislation merged two institutions into one, namely the Archaeological Heritage Agency and Architectural Heritage Board, to form the Architectural Heritage Fund. The new Fund directly reports to the Ministry of Education, Science and Culture. The National Committee on Architectural Heritage operates as the board of the Fund. Committee members are appointed to serve for four years at a time. Committee members are nominated by the Architects’ Association of Iceland, a joint nomination by Iceland’s department at the International Council on Monuments and Sites (ICOMOS), Iceland’s department at the International Council of Museums (ICOM) and the Icelandic Museums Association, as well as a nomination from the Icelandic Association of Local Authorities. The committee formulates an overall strategy for the preservation of architectural heritage, reviews proposals regarding architectural heritage, as well as designating the framework within which the Architectural Heritage Fund operates and reviewing applications for support from the Fund. The Fund is intended as a safeguarding mechanism for architectural cultural heritage in Iceland. Through the Fund, preservation and maintenance of protected houses and structures is promoted in accordance with legislation no. 80/2012 on cultural patrimony, passed in 2012. The Fund primarily provides grants for the maintenance and improvement of protected structures, but may also provide grants for other structures that have cultural, scientific or artistic value. The Fund is an important part of the preservation of Iceland’s national cultural heritage, supporting a particular facet of the diversity of cultural expressions and protecting the ability of the general populace to enjoy the national cultural heritage in Iceland.

The Design Policy’s aim is to increase the importance of design in the Icelandic economy. The goal is to strengthen the competitive position of Icelandic companies, increase value creation and quality of life. The design methodology aims to bridge the gap between creativity and innovation; technology and its users; and science and the market. The original Design Policy was formed for the years 2014-2018. Work on the Policy began in 2011, when a working group appointed by the Minister of Industries and Innovation. The Policy is based on three key pillars: Education and knowledge, with special emphasis on increasing availability of design related studies on primary and secondary levels, as well as strengthening studies related to research in the design field in upper educational levels. Working environments and support networks of designers, with the aim of strengthening collaboration, increasing efficiency, simplifying processes and improving regulation. Awareness raising, increasing the understanding of the importance and value of good design and architecture, in addition to promoting presentations and exhibitions in Iceland and abroad. An updated Policy has been established for 2019-2027. The current Design Policy focuses on a better community and maximization of value created. The Policy is a broad cooperative project between the government, the business community and the design community. A steering committee for the Design Policy is in place, appointed by the Ministry of Industry and Innovation in collaboration with the Ministry of Education, Science and Culture.

The Museum Council of Iceland is an advisory board for the Icelandic Ministry of Education, Science and Culture. The Council deals with various tasks regarding museums, whether cultural, artistic or natural history. The Museum Council assesses applications from museums that seek accreditation and prepares a proposal for the Minister of Education, Science and Culture that issues the accreditation. In 2020, 46 accredited museums exist in Iceland. Among the Museum Council’s duties is overall supervision of museum activities in Iceland, drafting policies in collaboration with the central museums and designating standards in relation to matters such as accessibility and safety. The Council also establishes the rules for allocation from the Museum Fund and evaluates applications to the Fund. Allocations from the Fund are granted to accredited museums for particular projects. Accredited museums which are not publicly owned are able to apply for operating grants and non-accredited museums are able to apply for support in particular projects that they engage in in collaboration with accredited museums. International projects are also supported by the Fund. Three principal, or central, museums in Iceland form strategies for other museums in their respective fields: The National Gallery; The Museum of Natural History; and the National Museum of Iceland. These museums are state funded.

The Iceland Symphony Orchestra is the national orchestra of Iceland, founded in 1950. The Orchestra is a leading institution in the country’s cultural sphere. The Orchestra conducts weekly concerts in the Harpa Reykjavik Concert Hall and Conference Centre and has performed at numerous international festivals and in concert halls abroad. The Orchestra provides various types of concerts within the orchestral field, with school and family concerts, as well as concerts devoted to modern music. A majority of the Orchestra’s concerts are broadcast live on radio by the National Broadcasting Service, with some selected concerts televised and broadcast live on the web. In 1982, the Law on the Symphonic Orchestra of Iceland no. 36/1982 was passed in Parliament. This gives the Symphony Orchestra a secure place in Icelandic culture, acknowledging its role as an important part of the foundation of the Icelandic cultural landscape.