THE INTERNATIONAL FOUNDATION FOR ARTS AND CULTURE
Promotion of the following ares:Education/TrainingArts/culture/heritage/scienceFocussing on various projects.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £96,456, an increase from the previous year's £57,053. The trustees note that this level reflects the present level of activity and is maintained to provide a buffer against interrupting ongoing commitments. The charity's principal funding source is its sister charity IFAC Japan.
What the accounts disclose
“The charity's principal funding source is its sister charity IFAC Japan, based in Japan.” — page 4
“The review concluded that to allow the charity to be managed efficicntly and to provide a buffer against interrupting ongoing commitments as well as new charitable projects, a general reserve needs to be maintained.” — page 4
Trustees
- Brendan Scannell
- MR TIM LANKESTER
- Nilesh Chimanbhai Patel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £104k | £65k |
| 31/12/2023 | £222k | £204k |
| 31/12/2022 | £432k | £435k |
| 31/12/2021 | £413k | £395k |
| 31/12/2020 | £318k | £305k |
Common questions
Is THE INTERNATIONAL FOUNDATION FOR ARTS AND CULTURE financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £96,456, an increase from the previous year's £57,053. The trustees note that this level reflects the present level of activity and is maintained to provide a buffer against interrupting ongoing commitments. The charity's principal funding source is its sister charity IFAC Japan. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £12k |
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | £5k |
Charities like this
- "IF..."
- ALLIANCE FRANCAISE DE LONDRES LIMITED
- YAD VEACHISOMOCH L'CHAIM
- INTERNATIONAL FRIENDS OF THE INTERNATIONAL LYRIC ART FESTIVAL
- THE YINKA SHONIBARE FOUNDATION
- THE IAN AND BARBARA MCFARLANE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE INTERNATIONAL FOUNDATION FOR ARTS AND CULTURE | £104k | — | 0 | unclear | — | no doubt |
| "IF..." | £3.0m | — | 0 | above | 10.0% | no doubt |
| ALLIANCE FRANCAISE DE LONDRES LIMITED | £152k | — | 0 | unclear | — | noted |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |
| INTERNATIONAL FRIENDS OF THE INTERNATIONAL LYRIC ART FESTIVAL | £388k | — | 0 | below | — | no doubt |
| THE YINKA SHONIBARE FOUNDATION | £315k | — | — | unclear | — | no doubt |