ART MONTHLY FOUNDATION
The objects of the CIO are to improve the appreciation and understanding of contemporary art through a direct critical engagement with new and challenging art and the context in which it is made and viewed.
Objects
THE OBJECTS OF THE CIO ARE TO PROMOTE THE APPRECIATION AND UNDERSTANDING OF CONTEMPORARY ART FOR THE PUBLIC BENEFIT, IN PARTICULAR BUT NOT EXCLUSIVELY, BY THE PUBLICATION OF AN ARTS JOURNAL AND THE PROMOTION OF EVENTS AND EXHIBITIONS.
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted funds are in a deficit of £43,072, primarily due to accounting adjustments for income received in advance. The trustees consider the results satisfactory and remain satisfied that the charity is financially viable, citing confirmed Arts Council England funding through March 2027. The charity's policy is to hold three months of operating expenses in reserve, with plans to build reserves up to that level over the coming years.
What the accounts disclose
“It is the charity’s policy to hold three month’s operating expenses in reserve”
“Total donations and donated services, including gift aid, given by the Trustees and related parties during the year amounted to £6,250 (2024: £8,700). The donations and donated services were given without any conditions attached to them.” — page 17
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- 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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- GILL HEDLEY
- Martin Fryer
- Oscar Andres Calcedo Murillo
- PETER WILLIAM HENRY LYDIATE
- TERESA SHEILA ROSE GLEADOWE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £202k | £203k |
| 31/03/2024 | £207k | £213k |
| 31/03/2023 | £208k | £212k |
| 31/03/2022 | £202k | £210k |
| 31/03/2021 | £236k | £204k |
Common questions
Is ART MONTHLY FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted funds are in a deficit of £43,072, primarily due to accounting adjustments for income received in advance. The trustees consider the results satisfactory and remain satisfied that the charity is financially viable, citing confirmed Arts Council England funding through March 2027. The charity's policy is to hold three months of operating expenses in reserve, with plans to build reserves up to that level over the coming years. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 13/12/2021 | £41k | National Portfolio Organisations |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CECIL AND HILDA LEWIS CHARITABLE TRUST | 1 | £192k |
| PRISM THE GIFT FUND | 1 | £68k |
| THE FREELANDS FOUNDATION LIMITED | 1 | £35k |
| JOHN JAMES BRISTOL FOUNDATION | 1 | £30k |
| THE GOLSONCOTT FOUNDATION | 1 | £29k |
| CATHY WILLS CHARITABLE TRUST | 1 | £23k |
| SOMERSET COMMUNITY FOUNDATION | 1 | £7k |
| WILFRID AND CONSTANCE CAVE FOUNDATION | 1 | £5k |
Charities like this
- SPIKE ISLAND ARTSPACE LIMITED
- NEW CURATORS
- CONTAINS ART CIO
- SUMMERTOWN ARTS COMMUNITY
- NEW CONTEMPORARIES (1988) LIMITED
- ASSOCIATION FOR CULTURAL ADVANCEMENT THROUGH VISUAL ART LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ART MONTHLY FOUNDATION | £202k | — | 0 | unclear | — | no doubt |
| SPIKE ISLAND ARTSPACE LIMITED | £1.5m | — | 0 | unclear | — | no doubt |
| NEW CURATORS | £711k | — | — | below | — | no doubt |
| CONTAINS ART CIO | £330k | Under £60,000 | 0 | above | — | no doubt |
| SUMMERTOWN ARTS COMMUNITY | £870k | — | 0 | unclear | — | no doubt |
| NEW CONTEMPORARIES (1988) LIMITED | £366k | — | 0 | unclear | — | no doubt |