TATE FOUNDATION
Tate Foundation's principal activities are to raise funds to support the Board of Trustees of the Tate Gallery
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.
What the accounts disclose
Corporate structure
- Registered company of the charity Companies House 04009652
Leadership, per the charity’s website
- Karin Hindsbo — Interim Director
- Liam Darbon — Interim Managing Director
- Catherine Wood — Tate Modern Interim Director
- Alex Farquharson — Tate Britain Director
- Anne Barlow — Tate St Ives Director
- Jemima Pyne — Tate Liverpool Interim Director
Company officers (Companies House)
- GETTY, Tatum on trustee list
- HINDSBO, Karin on trustee list
- JHANGIANI, Manik Hiru on trustee list
- GUTMAN, Anthony John Charles on trustee list
- GRAD, Jonathan on trustee list
- SHORE, Howard Paul on trustee list
- RUDD, Roland Dacre on trustee list
- UGGLA, Lance on trustee list
- GAONKAR, Mala Gopal on trustee list
- EISLER, Edward Kirill on trustee list
- BARATTA, Joseph Patrick on trustee list
- ECONOMOU, George on trustee list
- ROMAN, Emmanuel on trustee list
- PALLEY, Simon Dan on trustee list
- MEAD, Edward Scott on trustee list
- YIANNIKAS, Anastasia
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Anthony Gutmanchair
- EDWARD EISLER
- EDWARD SCOTT MEAD
- EMMANUEL ROMAN
- GEORGE ECONOMOU
- Howard Shore
- JOSEPH PATRICK BARATTA
- Jonathan Grad
- Karin Hindsbo
- LORD STEVENSON
- Lance Uggla
- MALA GAONKAR
- Manik Jhangiani
- Roland Rudd
- SIMON DAW PALLEY
- Tatum Getty
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 31/03/2023 | £43k | Barbara Hepworth Museum Accessibility Ramp |
| UK government | 01/04/2019 | £71k | Tate Britain New Displays 2020: Gallery Improvements |
| UK government | — | £125k | DCMS/Wolfson Museums and Galleries Improvement Fund |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HUO FAMILY FOUNDATION (UK) LIMITED | 1 | £2.3m |
| The Leathersellers' Foundation | 1 | £275k |
| THE CRUCIBLE FOUNDATION | 1 | £170k |
| RICK MATHER DAVID SCRASE FOUNDATION | 1 | £27k |
| THE 4814 TRUST | 1 | £25k |
| THE STEVENSON FAMILY'S CHARITABLE TRUST | 1 | £25k |
| THE RAYNE FOUNDATION | 1 | £2k |
| THE ASTOR FOUNDATION | 1 | £1k |
Charities like this
- TENDER EDUCATION AND ARTS
- THE COURTAULD INSTITUTE OF ART FUND
- TARA GETTY FOUNDATION
- The SVH Foundation
- GEFEN FOUNDATION
- THE SAMUEL COURTAULD TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TATE FOUNDATION | £6.6m | — | — | unclear | — | no doubt |
| TENDER EDUCATION AND ARTS | £1.8m | Over £60,000 | 1 | unclear | — | no doubt |
| THE COURTAULD INSTITUTE OF ART FUND | £434k | — | 0 | within | — | no doubt |
| TARA GETTY FOUNDATION | £1.2m | — | 0 | above | — | no doubt |
| The SVH Foundation | £3.2m | — | 0 | unclear | — | no doubt |
| GEFEN FOUNDATION | £373k | — | 0 | unclear | — | no doubt |