THE CHELTENHAM FESTIVAL OF PERFORMING ARTS
To advance the education of the public in the arts and in particular the arts of Music, Speech and Drama and Dance in all their branches
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a surplus of £2,458 for the year ended 30 June 2025, with total income of £67,161 and expenditure of £64,703. Per the trustees' report, free reserves stood at £98,000, held to cover a total festival loss in any one year. The trustees note a risk that the charity would struggle to continue if the £20,000 annual grant from Cheltenham Borough Council were to cease.
What the accounts disclose
“The charity endeavours to hold funds sufficient to more than cover a total festival loss in any one year.”
Trustees
- Allan Gillespiechair
- CAROL MCDOWALL
- Duncan Gregory Hooper
- Jonathan Paul Dyer
- Lesley Elaine Hendrie
- Rebecca Mary Olga Vines
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £67k | £65k |
| 30/06/2024 | £64k | £63k |
| 30/06/2023 | £55k | £60k |
| 30/06/2022 | £55k | £61k |
| 30/06/2021 | £36k | £43k |
Common questions
Is THE CHELTENHAM FESTIVAL OF PERFORMING ARTS financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a surplus of £2,458 for the year ended 30 June 2025, with total income of £67,161 and expenditure of £64,703. Per the trustees' report, free reserves stood at £98,000, held to cover a total festival loss in any one year. The trustees note a risk that the charity would struggle to continue if the £20,000 annual grant from Cheltenham Borough Council were to cease. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Cheltenham Borough Council | — | £275 | Festival Outreach Programme |
| Cheltenham Borough Council | — | £200 | Audience Development - Community Tickets |
| Cheltenham Borough Council | — | £20k | Annual cultural services grant |