THE YINKA SHONIBARE FOUNDATION

Registered charity 1183321 · accounts filings on the Charity Commission register · also known as Yinka Shonibare Foundation

The support of international creative exchanges, the development of new work, the mutual understanding of cultural differences and breaking down traditional barriers of access, lack of infrastructure and education. Actively supporting transdisciplinary artists, researchers and practitioner residencies within the arts, design and agriculture; education and public events in the UK and Nigeria.

Objects

For the public benefit, to promote, educate, maintain and improve the arts and culture, particularly but not exclusively in the UK and Nigeria by: i. Supporting the establishment and programme of "Guest Artists Space Foundation" in Nigeria and the continuing work of "Guest Projects London" by providing facilities and support (to African, African diaspora and international artists, researchers, scholars, and other creative individuals), in the research and development of their skills in the Liberal and Fine Arts, Creative Industries, Environment and Agriculture fields of study and practice.ii. Encouraging cultural exchange and deeper knowledge between Africa and the rest of the world to promote mutual understanding of cultural differences through developing exchange programmes, hosting exhibitions, talks, workshops, events and performances and collaborating with cultural institutions in Nigeria, Africa and the rest of the world.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Arts/culture/heritage/science · website · Get email alerts

Latest income
£315k
Latest spending
£409k
Registered
2019
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity recorded a deficit for the period, with total expenditure of £409,248 exceeding total income of £315,397. Per the trustees' report, unrestricted reserves decreased from £173,481 to £71,630, though the charity maintains positive reserves and considers itself a going concern with adequate resources for at least 12 months.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three to six months (held: £72k)
“The Trustees' policy is to build and maintain unrestricted funds adequate for the organisation to meet its obligation to staff, operational costs and to projects in progress for a minimum of three to six months.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Nigeria · Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£315k£409k
31/03/2024£376k£360k
31/03/2023£166k£227k
31/03/2022£161k£204k
31/12/2020£393k£131k

Common questions

Is THE YINKA SHONIBARE FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity recorded a deficit for the period, with total expenditure of £409,248 exceeding total income of £315,397. Per the trustees' report, unrestricted reserves decreased from £173,481 to £71,630, though the charity maintains positive reserves and considers itself a going concern with adequate resources for at least 12 months. Its FY2025 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with DELFINA FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE YINKA SHONIBARE FOUNDATION£315k——unclear—no doubt
DELFINA FOUNDATION FY2025£1.4m£90,001 - £100,0001above—no doubt
THE INTERNATIONAL FOUNDATION FOR ARTS AND CULTURE FY2024£104k—0unclear—no doubt
BAGRI FOUNDATION FY2025£707k—0unclear—no doubt
THE SUPPORT FOUNDATION FY2025£190k—0below—no doubt
FABRICA FY2025£406k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.