UP PROJECTS
UP Projects commissions contemporary art for public places. We support artists to make work that has social relevance, encourages learning, transforms places and activates the public realm.
Financial health, per its FY2025 accounts
The accounts state that the charity held £53,562 in free unrestricted reserves against a stated policy target of £85,000. The trustees report that the organization demonstrated financial resilience by generating 58% of its total income through earned sources in the year ended 31 March 2025.
What the accounts disclose
“UP Projects achieved £203,581 in earned income, representing 58% of our total income (£350,024).”
“The organisation has a policy of maintaining ringfenced reserves of £85,000. The organisation also held £29,500 of funds designated to deliver projects in 2024/25 and £53,562 free reserves.” — page 7
“One employee, Ms Emma Underhill Nemar, is also a trustee. None of her remuneration is in respect of services as trustee.” — page 15
Structured financials (annual return, FY ending 31/03/2022)
Trustees
- EMMA JANE UNDERHILL NEMAR
- GEORGE SAWTELL
- Jennifer Garrett
- Kaia Noni Charles
- Massoumeh Larizadeh
- Sophia Dzwig
- Thahmina Begum
- Viya Nsumbu
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £350k | £350k |
| 31/03/2024 | £345k | £410k |
| 31/03/2023 | £393k | £399k |
| 31/03/2022 | £576k | £493k |
| 31/03/2021 | £456k | £384k |
Common questions
Is UP PROJECTS financially healthy?
Per its FY2025 accounts: The accounts state that the charity held £53,562 in free unrestricted reserves against a stated policy target of £85,000. The trustees report that the organization demonstrated financial resilience by generating 58% of its total income through earned sources in the year ended 31 March 2025. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Greater London Authority | 01/02/2019 | £120k | UP Projects |
| The National Lottery Heritage Fund | 29/11/2018 | £60k | "The Archive of Alternative Histories" |
| Greater London Authority | 10/09/2018 | £120k | Delivery of the Royal Docks Public Art Work Programme |
| Greater London Authority | 03/11/2014 | £10k | Grant to UP Projects |
| The National Lottery Heritage Fund | 15/02/2012 | £36k | "Common Knowledge" |