OUTSET - CONTEMPORARY ART FUND

Registered charity 1101476 · accounts filings on the Charity Commission register

Promoting access to works of contemporary art through arranging visits, exhibitions, public facilities and other events at which works of contemporay art may be exhibited and studied; Securing contemporary works of art for presentation or loan to public art collations, museums and galleries.

Causes: Arts/culture/heritage/science · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£490k
Latest spending
£525k
Registered
2004
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £34,476 for the year ended 31 December 2024, resulting in total funds of £75,076. The trustees confirm that the charity is a going concern with no material uncertainties, although they note that the reserves policy is currently under review.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: Historically, the holding of reserves was considered unnecessary by the Trustees because through funding cycles, the Charity maintains a significant cash balance throughout the year. This policy is currently under review. (held: £61k)
“Historically, the holding of reserves was considered unnecessary by the Trustees because through funding cycles, the Charity maintains a significant cash balance throughout the year. This policy is currently under review.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Aggregate donations received from Trustees in the year amounted to £98,615 (2023: £83,336).
“Aggregate donations received from Trustees in the year amounted to £98,615 (2023: £83,336). Key management personnel comprise Trustees only, none of which are remunerated for their work,” — page 25
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Corporate structure

The charity’s company — latest Companies House iXBRL filing (balance sheet 31 December 2025)
  • Average employees: 0.02

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

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): instagram

Structured financials (annual return, FY ending 31/12/2023)

Total income
£1.2m
Total spending
£1.5m
Reserves (reported)
£0
Employees
4

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (99% 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: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Austria · Canada · France · Germany · Greece · Italy · Nigeria · Philippines · South Africa · Uganda · United States

Income and spending

Financial year endIncomeSpending
31/12/2024£490k£525k
31/12/2023£1.2m£1.5m
31/08/2022£1.2m£970k
31/08/2021£998k£1.1m
31/08/2020£737k£946k

Common questions

Is OUTSET - CONTEMPORARY ART FUND financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £34,476 for the year ended 31 December 2024, resulting in total funds of £75,076. The trustees confirm that the charity is a going concern with no material uncertainties, although they note that the reserves policy is currently under review. Its FY2024 accounts were independently examined.

Government & lottery funding

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

FunderDateAmountPurpose
Greater London Authority17/01/2017£30kGrant to Outset Contemporary Art 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 NEW CONTEMPORARIES (1988) LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
OUTSET - CONTEMPORARY ART FUND£490k——unclear—no doubt
NEW CONTEMPORARIES (1988) LIMITED FY2025£366k—0unclear—no doubt
THE SHOWROOM GALLERY LTD. FY2025£409k—0above—no doubt
THE CONTEMPORARY ART SOCIETY FY2025£2.1m——above—no doubt
THE GILBERT AND GEORGE CENTRE FY2025£129k—0above—no doubt
SPIKE ISLAND ARTSPACE LIMITED FY2025£1.5m—0unclear—no doubt

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