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.

Objects

TO PROMOTE, IMPROVE AND ADVANCE EDUCATION IN THE FIELD OF CONTEMPORARY ART IN GENERAL, IN PARTICULAR (BUT WITHOUT LIMITATION) BYPROMOTING ACCESS TO WORKS OF CONTEMPORARY ART THROUGH ARRANGING VISITS, EXHIBITIONS, PUBLIC FACILITIES AND OTHER EVENTS AT WHICH WORKS OF CONTEMPORARY ART MAY BE EXHIBITED AND STUDIED;SECURING CONTEMPORARY WORKS OF ART FOR PRESENTATION OR LOAN TO PUBLIC ART COLLECTIONS, MUSEUMS AND GALLERIES;ESTABLISHING, PROMOTING AND MANAGING GALLERIES, INSTITUTIONS, ORGANISATIONS AND PLACES WHERE CONTEMPORARY WORKS OF ART MAY BE EXHIBITED; ANDTHE MAKING OF GRANTS TO ARTISTS OR ARTISTIC ORGANISATIONS WORKING IN THE FIELD OF CONTEMPORARY ART TO ENABLE THEM TO CARRY NEW PROJECTS OR FURTHER THEIR ARTISTIC DEVELOPMENT AND EDUCATION.

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

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

Latest income
£328k
Latest spending
£226k
Registered
2004
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved an overall surplus of £81,788 for the year ended 31 December 2025, following a reduction in total expenditure to £229,470. The trustees report that they have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Unrestricted reserves stood at £141,864, with the trustees noting they intend to establish a formal reserves policy during 2026.

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

What the accounts disclose

Related-party transaction: Donations from trustees
“During the year the charity received donations from trustees amounting to £80,965 (2024: £98,615)” — page 24
“and donations totalling £2,755 (2024: £nil) from other related parties.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from other related parties
“During the year the charity received donations from trustees amounting to £80,965 (2024: £98,615)” — page 24
“and donations totalling £2,755 (2024: £nil) from other related parties.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Administrative support expenses owed to Isabella Boas (daughter of trustee Maria Boas)
“During the year the charity received donations from trustees amounting to £80,965 (2024: £98,615)” — page 24
“and donations totalling £2,755 (2024: £nil) from other related parties.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Pro-bono work by CCR (director is sibling of CEO/Trustee Nicolette Cavaleros)
“During the year the charity received donations from trustees amounting to £80,965 (2024: £98,615)” — page 24
“and donations totalling £2,755 (2024: £nil) from other related parties.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 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 31/12/2025

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2024

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2023

  • Government income: £60,466 — grants £60,466 (2); 5% of the £1,183,777 total gross income on the same return
  • Grant-making is its main activity

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

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 7.2 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 (3.2%) (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
31/12/2025£328k£226k
31/12/2024£490k£525k
31/12/2023£1.2m£1.5m
31/08/2022£1.2m£970k
31/08/2021£998k£1.1m

Common questions

Is OUTSET - CONTEMPORARY ART FUND financially healthy?

Per its FY2025 accounts: The accounts state that the charity achieved an overall surplus of £81,788 for the year ended 31 December 2025, following a reduction in total expenditure to £229,470. The trustees report that they have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Unrestricted reserves stood at £141,864, with the trustees noting they intend to establish a formal reserves policy during 2026. Its FY2025 accounts were independently examined.

Who funds OUTSET - CONTEMPORARY ART FUND?

Funders whose own accounts filings name OUTSET - CONTEMPORARY ART FUND as a grant recipient include PRISM THE GIFT FUND.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
PRISM THE GIFT FUNDFY2021£25kGrants to institutions/organisations

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£328k—0unclear—no doubt
NEW CONTEMPORARIES (1988) LIMITED FY2025£875k—0unclear—no doubt
THE CONTEMPORARY ART SOCIETY FY2025£2.1m——above—no doubt
OUTSIDE IN ART FY2025£572k—0below—no doubt
NEW CURATORS FY2025£959k——unclear—no doubt
SPACE ART FY2025£35k—0unclear—no doubt

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