BARBICAN ARTS GROUP TRUST
(A) THE PROMOTION AND ADVANCEMENT OF THE VISUAL ARTS IN ALL THEIR ASPECTS FOR THE PUBLIC BENEFIT AND THE FURTHERANCE OF PUBLIC KNOWLEDGE UNDERSTANDING AND APPRECIATION OF THE VISUAL ARTS INCLUDING ARRANGING AND HOLDING EXHIBITIONS OF ARTISTS WORK(B) THE ASSISTANCE OF ARTISTS IN NECESSITOUS CIRCUMSTANCES PARTICULARLY BY THE PROVISION OF ACCOMMODATION
Financial health, per its FY2024 accounts
The accounts state that visitor numbers increased by 81% and the charity delivered five exhibitions, exceeding its previous year's output. However, the charity faces operational risks regarding its studio spaces, as the landlord for Blackhorse Lane Studios has declined to negotiate a new lease, and the charity is seeking to purchase the freehold of its Hertford Road Studios to ensure long-term sustainability.
What the accounts disclose
“Proceeds are split 65 % to the artist and 35 % to fund BAGT’s free public programme of exhibitions and community projects.”
“The landlord has declined a meeting until a later date.”
“There are possible discrepancies in the measured dimensions of the Hertford Road Studios site. These could affect the Rateable Value (RV) used to calculate the business rates. BAGT is considering appointing a rating specialist to report and advise on action.”
Property (HM Land Registry)
Trustees
- Daniel Kennedy Davies
- Debbie Carslaw
- Domo Baal
- Leila Hasham
- Rupert Maude
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 25/12/2024 | £158k | £160k |
| 25/12/2023 | £152k | £163k |
| 25/12/2022 | £150k | £136k |
| 25/12/2021 | £168k | £132k |
| 25/12/2020 | £152k | £128k |
Common questions
Is BARBICAN ARTS GROUP TRUST financially healthy?
Per its FY2024 accounts: The accounts state that visitor numbers increased by 81% and the charity delivered five exhibitions, exceeding its previous year's output. However, the charity faces operational risks regarding its studio spaces, as the landlord for Blackhorse Lane Studios has declined to negotiate a new lease, and the charity is seeking to purchase the freehold of its Hertford Road Studios to ensure long-term sustainability.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| AKO FOUNDATION | 1 | £945k |
| THE HEADLEY TRUST | 1 | £96k |
| THE FREELANDS FOUNDATION LIMITED | 1 | £43k |
| JOHN LYON'S CHARITY | 1 | £42k |
| THE VIRGIN MONEY FOUNDATION | 1 | £34k |
| JAPAN HOUSE LONDON TRUST | 1 | £15k |
| THE PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART | 1 | £7k |
| THE AUSTIN AND HOPE PILKINGTON TRUST | 1 | £5k |
Charities like this
- S1: ARTSPACE/PROJECTS
- ASSOCIATION FOR CULTURAL ADVANCEMENT THROUGH VISUAL ART LIMITED
- ART SERVICES GRANTS LIMITED
- THE SHOWROOM GALLERY LTD.
- THE PUMP HOUSE THEATRE AND ARTS TRUST LIMITED
- BALTIC FLOUR MILLS VISUAL ARTS TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BARBICAN ARTS GROUP TRUST | £158k | — | 0 | unclear | — | noted |
| S1: ARTSPACE/PROJECTS | £2.8m | — | 0 | unclear | — | no doubt |
| ASSOCIATION FOR CULTURAL ADVANCEMENT THROUGH VISUAL ART LIMITED | £2.0m | £60,001 - £70,000 | — | unclear | — | no doubt |
| ART SERVICES GRANTS LIMITED | £5.9m | Over £60,000 | 1 | above | — | no doubt |
| THE SHOWROOM GALLERY LTD. | £409k | — | 0 | above | — | no doubt |
| THE PUMP HOUSE THEATRE AND ARTS TRUST LIMITED | £315k | — | 0 | unclear | — | no doubt |