TURNER CONTEMPORARY
The principal objective of the company is the provision of a permanent gallery in Margate for the visual arts organisation which celebrates JMW Turner's association with Margate and, through a varied programme of exhibitions and events and learning activities, promotes an understanding and enjoyment of historical and contemporary art.
Objects
1. TO PROMOTE ART FOR THE BENEFIT OF THE PUBLIC THROUGH ACTIVITIES INCLUDING BUT NOT LIMITED TO EXHIBITIONS, DISPLAYS, EVENTS AND COMMISSIONS INCLUDING BUT NOT LIMITED TO THOSE HELD AT TURNER CONTEMPORARY.2. TO ADVANCE THE EDUCATION OF THE PUBLIC, IN PARTICULAR BUT WITHOUT LIMITATION IN THE VISUAL ARTS; AND3. TO PROMOTE THE EFFICIENCY AND EFFECTIVENESS OF REGISTERED CHARITIES AND CHARITABLE ORGANISATIONS, INCLUDING COMMUNITY GROUPS, THROUGH THE PROVISION OF PREMISES OR OTHER SPACES, INCLUDING BUT NOT LIMITED TO THE TURNER CONTEMPORARY BUILDING.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net deficit of £618,844 for the year ended 31 March 2025, resulting in a decrease in consolidated unrestricted funds to £672,193. Despite this deficit and a reserves position below the stated policy target, the trustees confirm the organization is a going concern with adequate resources to continue operations for the foreseeable future.
What the accounts disclose
“the policy requires that the company’s core activities, funded through the unrestricted reserve, should be capable of continuing for a period of three months in the event of unforeseen difficulty. For Turner Contemporary, this equates to £650,000” — page 12
“Total donations of £26,926 (2024 - £19,790) without conditions were received from trustees and related parties during the year.” — page 36
“The consolidated financial statements incorporate the results of the charity and its trading subsidiary, Turner Contemporary Enterprises Limited” — page 24
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 6
- Government income: £790,478 — contracts £162,978 (1), grants £627,500 (2); 27% of the £2,932,481 total gross income on the same return
- Employees paid over £60,000: 3 (£60,001–£70,000: 2; £90,001–£100,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 6
- Government income: £927,734 — contracts £210,234 (1), grants £717,500 (4); 24% of the £3,834,337 total gross income on the same return
- Employees paid over £60,000: 1 (£80,001–£90,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2023
- Government income: £905,000 — grants £905,000 (3); 26% of the £3,480,425 total gross income on the same return
- Employees paid over £60,000: 1 (£80,001–£90,000: 1)
- Has a trading subsidiary
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/03/2021 (received 16/02/2022, 16 days after the 31/01/2022 due date).
Leadership, per the charity’s website
- Clarrie Wallis — Director
Funders the charity credits
- Kent County Council
- Bridget Riley Art Foundation
- White Cube
- Burberry
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- MATTHEW SLOTOVERchair
- Alessandro Raho
- Brian James Horton
- Charlene Prempeh
- Clifford McLean
- Helen Beeckmans
- Liesl Frida Fichardt
- MICHEL DRIESSEN
- Melanie Tong
- NICK MAYNARD
- Peter Hawkes
- Sir Stephen Deuchar CBE
- Tanya Barson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.9m | £2.8m |
| 31/03/2024 | £3.8m | £3.6m |
| 31/03/2023 | £3.5m | £3.3m |
| 31/03/2022 | £2.5m | £3.1m |
| 31/03/2021 | £2.8m | £2.4m |
Common questions
Is TURNER CONTEMPORARY financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net deficit of £618,844 for the year ended 31 March 2025, resulting in a decrease in consolidated unrestricted funds to £672,193. Despite this deficit and a reserves position below the stated policy target, the trustees confirm the organization is a going concern with adequate resources to continue operations for the foreseeable future. Its FY2025 accounts were audited by Azets Audit Services.
Who funds TURNER CONTEMPORARY?
Funders whose own accounts filings name TURNER CONTEMPORARY as a grant recipient include THE AMPERSAND FOUNDATION, THE FREELANDS FOUNDATION LIMITED, THE FIDELITY UK FOUNDATION, JOHN ELLERMAN FOUNDATION, THE PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE RORY AND ELIZABETH BROOKS FOUNDATION | FY2026 | Unverified read£701k | |
| THE AMPERSAND FOUNDATION | FY2024 | £450k | The Ampersand Foundation Award 2023 (exhibition and publication) |
| THE FREELANDS FOUNDATION LIMITED | FY2023 | £330k | In The Offing |
| THE FIDELITY UK FOUNDATION | FY2023 | £325k | Arts, culture and heritage |
| THE AMPERSAND FOUNDATION | FY2025 | £150k | |
| JOHN ELLERMAN FOUNDATION | FY2025 | £90k | Towards a dedicated Art and Environment programme, bringing together artists, scientists and the community to create and showcase artwork that addresses the cli |
| THE CLORE DUFFIELD FOUNDATION | FY2024 | Unverified read£56k | Arts, heritage and education |
| THE PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART | FY2023 | £35k | Curatorial Research Grants |
| THE FREELANDS FOUNDATION LIMITED | FY2025 | £17k | Freelands Awards |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | FY2024 | £11k | |
| THE LAWSON TRUST CIO | FY2025 | £5k | |
| THE LAWSON TRUST CIO | FY2024 | £5k | Other grants |
| CHARTERED ACCOUNTANTS' LIVERY CHARITY | FY2022 | £2k | COVID-19 Emergency Grants |
| THE LAWSON TRUST CIO | FY2021 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HENRY MOORE FOUNDATION | 2 | £40k |
| SWAROVSKI FOUNDATION | 1 | £114k |
| THE FOYLE FOUNDATION | 1 | £100k |
| AKO FOUNDATION | 1 | £75k |
| STANLEY PICKER TRUST | 1 | £28k |
| THE BILLMEIR CHARITABLE TRUST | 1 | £21k |
| Genesis Foundation | 1 | £10k |
| THE ROSE FOUNDATION | 1 | £5k |
Charities like this
- WHITECHAPEL GALLERY
- THE NEW ASHGATE GALLERY TRUST LIMITED
- MANOR MUSICAL THEATRE COMPANY
- NORTHAMPTONSHIRE ARTS MANAGEMENT TRUST
- NML FOUNDATION
- John Moores Painting Prize Trust
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TURNER CONTEMPORARY | £2.9m | — | — | unclear | — | no doubt |
| WHITECHAPEL GALLERY | £3.5m | — | — | below | — | noted |
| THE NEW ASHGATE GALLERY TRUST LIMITED | £132k | — | 0 | unclear | — | no doubt |
| MANOR MUSICAL THEATRE COMPANY | £49k | — | 0 | unclear | — | no doubt |
| NORTHAMPTONSHIRE ARTS MANAGEMENT TRUST | £11.6m | — | — | below | — | no doubt |
| NML FOUNDATION | £221k | — | 0 | above | — | no doubt |