TATE FOUNDATION

Registered charity 1085314 · accounts filings on the Charity Commission register

Tate Foundation's principal activities are to raise funds to support the Board of Trustees of the Tate Gallery

Objects

To support and assist the Tate Gallery in maintaining and expanding its collections and services to scholars, curators, artists and the general public and to assist other artistic endeavours to any extent that in the opinion of Tate Foundation may be conducive or compatible with the statutory aims and objectives of Tate Gallery.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Arts/culture/heritage/science · website · Get email alerts

Registered contact address: Westminster, London, England (from the postcode on the register)

Latest income
£6.6m
Latest spending
£8.0m
Registered
2001
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £625,522 for the year ended 31 March 2025, a significant improvement from the £3,562,739 deficit in the prior year. Per the trustees' report, free reserves stood at £5,501,038, which is well above the stated policy target of £1,851,311. The charity confirmed it can continue to cover operating costs for at least twelve months with no material uncertainties identified by the auditors.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Moore Kingston Smith LLP. Discloses 3 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/03/2025

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/03/2024

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/03/2023

  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£7.4m
Total spending
£8.0m
Cost of raising funds
£1.7m
Reserves (reported)
£5.9m
Employees
31

Reported reserves equal ~8.9 months of spending — above the median for charities its size (median 4.7 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (95% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 23.2% of total income — in the top quarter for charities its size (median 5.3%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£6.6m£8.0m
31/03/2024£5.4m£8.9m
31/03/2023£4.5m£5.7m
31/03/2022£5.3m£3.5m
31/03/2021£6.7m£4.4m

Common questions

Is TATE FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £625,522 for the year ended 31 March 2025, a significant improvement from the £3,562,739 deficit in the prior year. Per the trustees' report, free reserves stood at £5,501,038, which is well above the stated policy target of £1,851,311. The charity confirmed it can continue to cover operating costs for at least twelve months with no material uncertainties identified by the auditors. Its FY2025 accounts were audited by Moore Kingston Smith LLP.

Who funds TATE FOUNDATION?

Funders whose own accounts filings name TATE FOUNDATION as a grant recipient include THE RORY AND ELIZABETH BROOKS FOUNDATION, GRAFF FOUNDATION, PETER STORMONTH DARLING CHARITABLE TRUST, THE JOHN BOOTH CHARITABLE FOUNDATION, ATKIN CHARITABLE FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

Grants marked “Unverified read” were flagged by automated checks as possibly misread from the funder’s filed accounts. They are listed, but left out of the totals, counts and funder relationships this site computes.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
UK government31/03/2023£43kBarbara Hepworth Museum Accessibility Ramp
UK government01/04/2019£71kTate Britain New Displays 2020: Gallery Improvements
UK government—£125kDCMS/Wolfson Museums and Galleries Improvement Fund

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with GATE TRUST LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
TATE FOUNDATION£6.6m——unclear—no doubt
GATE TRUST LIMITED FY2025£30k—0unclear—no doubt
TADS THEATRE GROUP FY2025£32k—0unclear—no doubt
THE GATE THEATRE COMPANY LIMITED FY2025£224k—0unclear—noted
The Trust Foundation FY2025£2.5m—0unclear—no doubt
THAMES FOUNDATION FY2025£524k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.