ZABLUDOWICZ ART PROJECTS

Registered charity 1120067 · accounts filings on the Charity Commission register

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.

Area of benefit: NOT DEFINED. IN PRACTICE: LOCALLY IN CAMDEN AND SURROUNDI DISTRICTS.

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 · website · Get email alerts

Latest income
£690k
Latest spending
£479k
Registered
2007
Accounts read
FY2024

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.

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

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £-151k)
“TOTAL FUNDS CARRIED FORWARD (150,630)”
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“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
Per its FY2024 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.

Public profiles (found on the charity’s own website): facebook · instagram · linkedin

Structured financials (annual return, FY ending 29/12/2024)

Total income
£690k
Total spending
£479k
Cost of raising funds
£14k
Reserves (reported)
£0
Employees
6

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (97% 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: 2.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Finland · Throughout London · United States

Income and spending

Financial year endIncomeSpending
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

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

FunderDateAmountPurpose
Camden Giving11/12/2020£3kVelonomy

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 BLOC PROJECTS.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
ZABLUDOWICZ ART PROJECTS£690k—0below—noted
BLOC PROJECTS FY2025£106k—0above—no doubt
THE SAATCHI GALLERY, LONDON FY2024£4.9m——below—noted
ASSOCIATION FOR CULTURAL ADVANCEMENT THROUGH VISUAL ART LIMITED FY2022£2.0m£60,001 - £70,000—unclear—no doubt
VENTURE ARTS FY2025£703k—0above—no doubt
NEW CURATORS FY2024£711k——below—no doubt

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