ZABLUDOWICZ ART PROJECTS
To advance the public's awareness, appreciation and understanding of contemporary art.
Objects
3. THE CHARITY'S OBJECTS ("THE OBJECTS") ARE:3.1 TO PROMOTE, ENCOURAGE AND INCREASE THE PUBLIC'S APPRECIATION AND UNDERSTANDING OF CONTEMPORARY ART BY ESTABLISHING AND/OR MAINTAINING OR SUPPORTING A VENUE OR VENUES (WHETHER IN THE UNITED KINGDOM OR ELSEWHERE) FOR THE EXHIBITION OF CONTEMPORARY ART IN VARIOUS MEDIA AND UNDERTAKING AND PROMOTING EXHIBITIONS AND COMMISSIONING WORKS FOR EXHIBITION BY CONTEMPORARY ARTISTS AND CURATORS3.2 TO ADVANCE THE EDUCATION OF THE PUBLIC IN CONTEMPORARY AT THROUGH EXHIBITIONS, PUBLICATIONS, SEMINARS, LECTURES, TALKS AND SIMILAR EVENTS.
Financial health, per its FY2024 accounts
The accounts state that the charity operates with a continuing retained deficit and has net liabilities, relying entirely on financial support from the Zabludowicz Art Trust to remain solvent. Per the trustees' report, the charity surrendered its London exhibition space lease in 2024 and is currently seeking alternative venue space while maintaining online and touring activities.
What the accounts disclose
“TOTAL FUNDS CARRIED FORWARD (150,630)”
“The charity is reliant on the support of the Zabludowicz Art Trust. The trustees consider it appropriate to prepare the financial statements on the going concern basis as the Zabludowicz Art Trust has indicated its willingness to continue to support the charity for at least 12 months following the signing of these financial statements and will make sufficient funds available during 2025 to allow the charity to rectify its negative reserve position at the balance sheet date.” — page 10
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
Structured financials (annual return, FY ending 29/12/2024)
Trustees
- CHAIM ZABLUDOWICZchair
- ANITA RUTH ZABLUDOWICZ
- Dr FABIO BOTTERINI DE PELOSI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 29/12/2024 | £690k | £479k |
| 29/12/2023 | £1.2m | £1.4m |
| 29/12/2022 | £1.3m | £1.3m |
| 29/12/2021 | £951k | £981k |
| 29/12/2020 | £927k | £919k |
Common questions
Is ZABLUDOWICZ ART PROJECTS financially healthy?
Per its FY2024 accounts: The accounts state that the charity operates with a continuing retained deficit and has net liabilities, relying entirely on financial support from the Zabludowicz Art Trust to remain solvent. Per the trustees' report, the charity surrendered its London exhibition space lease in 2024 and is currently seeking alternative venue space while maintaining online and touring activities. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Camden Giving | 11/12/2020 | £3k | Velonomy |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| IRWIN MITCHELL CHARITIES FOUNDATION | 1 | £591k |
| THE FIDELITY UK FOUNDATION | 1 | £198k |
| JOSEPH LEVY FOUNDATION | 1 | £25k |
| YOUNG MANCHESTER | 1 | £9k |
| The Ashley Family Foundation | 1 | £5k |
| LORD MAYOR OF MANCHESTER'S CHARITY APPEAL TRUST | 1 | £4k |
Charities like this
- BLOC PROJECTS
- THE SAATCHI GALLERY, LONDON
- ASSOCIATION FOR CULTURAL ADVANCEMENT THROUGH VISUAL ART LIMITED
- VENTURE ARTS
- NEW CURATORS
- BARBICAN ARTS GROUP TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ZABLUDOWICZ ART PROJECTS | £690k | — | 0 | below | — | noted |
| BLOC PROJECTS | £106k | — | 0 | above | — | no doubt |
| THE SAATCHI GALLERY, LONDON | £4.9m | — | — | below | — | noted |
| ASSOCIATION FOR CULTURAL ADVANCEMENT THROUGH VISUAL ART LIMITED | £2.0m | £60,001 - £70,000 | — | unclear | — | no doubt |
| VENTURE ARTS | £703k | — | 0 | above | — | no doubt |
| NEW CURATORS | £711k | — | — | below | — | no doubt |