NOTTINGHAM CONTEMPORARY
Organising and presenting international exhibitions of contemporary art and related events including performances, artists' commissions, films. Organising a broad education programme for a diverse audience from the city and region. Collaborating with artists and other organisations in this country and abroad. Operate cafe/bar and shop.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit for the year ended 31 March 2025, with total expenditure exceeding total income. This financial position was driven by reduced income from partners, including the withdrawal of support from Nottingham City Council, and exceptional non-recurring costs. Despite the deficit, the trustees maintain that the organization has adequate resources to continue operating for the foreseeable future, supported by secure Arts Council England funding until 2027.
What the accounts disclose
“During the year the Charity recharged wages and salary costs of £38,975 and other expenses of £2,703 to its subsdiary Nottingham Contemporary Trading Limited. In addition amounts of £40,500 were advanced to and £236,091 was repaid by this related party.” — page 47
“The wholly owned subsidiary, Nottingham Contemporary Trading Limited (Company Number 06612673), is incorporated in the UK and distributes all of its profits to the charity under a deed of covenant.” — page 33
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alon Schwabe
- Andrew Richard Savage Cooper
- Fadi Kassis
- Guillermo Bagual Ferrater
- Ian Roderick Burton
- Janine Catalano
- Jennifer Frances Chatten
- John Paul Kirkman
- Juan Sanchez
- William Jarvis
- Zubairu Ayomide Shonibare
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.1m | £2.5m |
| 31/03/2024 | £2.2m | £2.2m |
| 31/03/2023 | £2.3m | £2.3m |
| 31/03/2022 | £2.3m | £2.2m |
| 31/03/2021 | £2.0m | £1.8m |
Common questions
Is NOTTINGHAM CONTEMPORARY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operating deficit for the year ended 31 March 2025, with total expenditure exceeding total income. This financial position was driven by reduced income from partners, including the withdrawal of support from Nottingham City Council, and exceptional non-recurring costs. Despite the deficit, the trustees maintain that the organization has adequate resources to continue operating for the foreseeable future, supported by secure Arts Council England funding until 2027. Its FY2025 accounts were audited by PKF Smith Cooper Audit Limited.
Who funds NOTTINGHAM CONTEMPORARY?
Funders whose own accounts filings name NOTTINGHAM CONTEMPORARY as a grant recipient include THE AMPERSAND FOUNDATION, THE FREELANDS FOUNDATION LIMITED, THE HENRY MOORE FOUNDATION, THE PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE AMPERSAND FOUNDATION | FY2024 | £58k | Fund for the Future campaign (first yearly instalment of multi-year pledge) |
| THE FREELANDS FOUNDATION LIMITED | FY2023 | £25k | Spring 2023 Fund |
| THE FREELANDS FOUNDATION LIMITED | FY2024 | £25k | Spring 2023 Fund |
| THE HENRY MOORE FOUNDATION | FY2025 | £10k | |
| THE PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART | FY2024 | £7k | Publication Grants |
| THE PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART | FY2022 | £2k | Event Support Grants |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DR RADCLIFFE'S TRUST | 2 | £6k |
| THE CYRIL AND EVE JUMBO CHARITABLE TRUST | 1 | £23k |
| THE JONES 1986 CHARITABLE TRUST | 1 | £20k |
| THE THOMAS FARR CHARITY | 1 | £20k |
| THE TOTTENHAM GRAMMAR SCHOOL FOUNDATION | 1 | £13k |
| THE FENTON ARTS TRUST | 1 | £10k |
| THE SCOPS ARTS TRUST | 1 | £6k |
| THE MARCHUS TRUST | 1 | £5k |
Charities like this
- NOTTINGHAM ARTS THEATRE LIMITED
- THE SAATCHI GALLERY, LONDON
- EXETER PHOENIX LTD
- NEW CURATORS
- COLLAGE ARTS
- THE NEW ART EXCHANGE LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NOTTINGHAM CONTEMPORARY | £2.1m | — | 0 | unclear | — | no doubt |
| NOTTINGHAM ARTS THEATRE LIMITED | £370k | — | 0 | unclear | — | no doubt |
| THE SAATCHI GALLERY, LONDON | £4.9m | — | — | below | — | noted |
| EXETER PHOENIX LTD | £2.7m | — | 0 | below | — | noted |
| NEW CURATORS | £711k | — | — | below | — | no doubt |
| COLLAGE ARTS | £1.2m | — | 0 | unclear | — | no doubt |