BLAST THEORY
Blast Theory are known internationally as one of the most adventurous artists' groups using interactive media, creating groundbreaking new forms of performance and interactive art that mixes audiences across the internet, live performance and digital broadcasting. The groupÔÇÖs work explores interactivity and the social and political aspects of technology.
Objects
TO EDUCATE THE PUBLIC IN THE DRAMATIC AND VISUAL ARTS, PARTICULARLY THROUGH THE USE OF NEW, EXPERIMENTAL AND POPULAR MODES OF PRESENTATION.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus on unrestricted activities of £18,253, bringing total unrestricted reserves to £155,064. Total income increased by 14% to £367,430, while resources expended decreased to £366,533. The trustees confirm there are no material uncertainties affecting the current year's accounts.
What the accounts disclose
“The Company currently has a designated reserve of £75,000 to cover six months' operating costs. In addition, an unrestricted reserve is maintained to support artistic ambition and to manage risk.” — page 9
“The charity has entered into an agreement with one of its artists (and employees) Matt Adams under which they receive rents of £23,500 (2024: £22,625) per year plus service charges of £3,600 (2024: £3,600). The agreement relating to this was made on an arms-length basis using documentation drawn up by a Solicitor. This lease commenced on 20 February 2007.” — page 24
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- ANTHONY LILLEY OBEchair
- Charlotte Christesen
- Iris Maor
- LAURA MCDERMOTT
- Sarah Lau
- Simon Wiliams
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £367k | £367k |
| 31/03/2024 | £321k | £370k |
| 31/03/2023 | £421k | £478k |
| 31/03/2022 | £351k | £436k |
| 31/03/2021 | £355k | £417k |
Common questions
Is BLAST THEORY financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus on unrestricted activities of £18,253, bringing total unrestricted reserves to £155,064. Total income increased by 14% to £367,430, while resources expended decreased to £366,533. The trustees confirm there are no material uncertainties affecting the current year's accounts. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AUSTIN AND HOPE PILKINGTON TRUST | 3 | £7k |
| BACKSTAGE TRUST | 2 | £575k |
| JOHN ELLERMAN FOUNDATION | 1 | £120k |
| THE REED FOUNDATION | 1 | £34k |
| THE HEADLEY TRUST | 1 | £20k |
| THE PILGRIM TRUST | 1 | £20k |
| THE RODDICK FOUNDATION | 1 | £20k |
| THE FUNDING NETWORK | 1 | £15k |
Charities like this
- THE BOMB FACTORY ART FOUNDATION
- TRIGGER PRODUCTIONS LTD
- SANDBLAST LTD
- People's Theatre Collective Ltd
- PEOPLE'S THEATRE ARTS GROUP LIMITED
- DASH ARTS LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BLAST THEORY | £367k | — | 0 | unclear | — | no doubt |
| THE BOMB FACTORY ART FOUNDATION | £658k | — | 0 | unclear | — | no doubt |
| TRIGGER PRODUCTIONS LTD | £831k | £60,001 - £70,000 | 2 | unclear | — | no doubt |
| SANDBLAST LTD | £480k | — | 0 | unclear | — | no doubt |
| People's Theatre Collective Ltd | £184k | — | 0 | within | — | no doubt |
| PEOPLE'S THEATRE ARTS GROUP LIMITED | £345k | — | 0 | unclear | — | no doubt |