YEOVIL ART SPACE
- Offer exhibitions and events, and to provide opportunities for social interaction and cultural education for the public.- Provide opportunities for artists who are living in Yeovil and the surrounding area, to build a strong audience for the arts at the local level.- Provide educational workshops, outreach and participatory activities for different community and schools in Yeovil.
Objects
FOR THE PUBLIC BENEFIT THE ADVANCEMENT OF EDUCATION IN THE ARTS IN YEOVIL AND SURROUNDING AREAS THROUGH THE PROVISION OF VISUAL ARTS, INCLUDING BUT NOT LIMITED TO DIGITAL, MOVING IMAGE, 2D & 3D CONTEMPORARY ART AND DESIGN.
Financial health, per its FY2025 accounts
The accounts state that Yeovil Art Space held unrestricted free reserves of £15,000, which the trustees noted was below their recommended policy target of six months' running costs, although a three-month reserve was achieved. The charity reported a net surplus of £16,199 for the year and confirmed there were no funds held in deficit, indicating stable short-term liquidity despite reliance on restricted grant funding.
What the accounts disclose
“A 3 month reserve was achieved in the financial year 2024-25.”
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
Funders the charity credits
- Somerset Council
- Yeovil Town Council
- Arts Council England
Trustees
- Tamsin Mendelsohnchair
- Carolyn Tayler-Webb
- Mark Howard Pender
- Sara Dudman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £168k | £152k |
| 31/03/2024 | £167k | £154k |
| 31/03/2023 | £125k | £103k |
| 31/03/2022 | £82k | £39k |
| 31/03/2021 | £24k | £21k |
Common questions
Is YEOVIL ART SPACE financially healthy?
Per its FY2025 accounts: The accounts state that Yeovil Art Space held unrestricted free reserves of £15,000, which the trustees noted was below their recommended policy target of six months' running costs, although a three-month reserve was achieved. The charity reported a net surplus of £16,199 for the year and confirmed there were no funds held in deficit, indicating stable short-term liquidity despite reliance on restricted grant funding. Its FY2025 accounts were independently examined.
Who funds YEOVIL ART SPACE?
Funders whose own accounts filings name YEOVIL ART SPACE as a grant recipient include THE ARCHITECTURAL HERITAGE FUND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ARCHITECTURAL HERITAGE FUND | FY2022 | £14k | Project Viability Grant |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Somerset Community Foundation | 02/12/2024 | £13k | Support to members of the local community who need additional help during the winter. |
| Somerset Community Foundation | 14/08/2023 | £5k | Supporting mental well-being for adults |
| The National Lottery Heritage Fund | 07/09/2022 | £96k | "Story of Yeovil" |
| Somerset Community Foundation | 27/10/2021 | £4k | Youth-led arts activities in Yeovil |
| Somerset Community Foundation | 28/05/2021 | £3k | COVID19 community arts activities to reconnect after lockdown |
| Somerset Community Foundation | 22/12/2020 | £4k | COVID19 Activity packs for isolated older people |
| Somerset Community Foundation | 27/10/2020 | £5k | Covid19 Voices of older people during the pandemic |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £543k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £111k |
| THE FREELANDS FOUNDATION LIMITED | 1 | £35k |
| JOHN JAMES BRISTOL FOUNDATION | 1 | £30k |
| THE GOLSONCOTT FOUNDATION | 1 | £29k |
| THE COLYER-FERGUSSON CHARITABLE TRUST | 1 | £19k |
| SOMERSET COMMUNITY FOUNDATION | 1 | £7k |
| WILFRID AND CONSTANCE CAVE FOUNDATION | 1 | £5k |
Charities like this
- ART SPACE
- ARTSWORK LIMITED
- S1: ARTSPACE/PROJECTS
- NEWCASTLE ARTS CENTRE TRUST LTD
- SPIKE ISLAND ARTSPACE LIMITED
- CONTAINS ART CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| YEOVIL ART SPACE | £168k | — | 0 | below | — | no doubt |
| ART SPACE | £497k | — | 0 | unclear | — | no doubt |
| ARTSWORK LIMITED | £1.9m | — | — | unclear | — | no doubt |
| S1: ARTSPACE/PROJECTS | £2.8m | — | 0 | unclear | — | no doubt |
| NEWCASTLE ARTS CENTRE TRUST LTD | £175k | — | 0 | unclear | — | no doubt |
| SPIKE ISLAND ARTSPACE LIMITED | £1.5m | — | 0 | unclear | — | no doubt |