ASYMMETRY ART FOUNDATION

Registered charity 1190437 · accounts filings on the Charity Commission register · also known as AYSMMETRY ART FOUNDATION, Asymmetry, YDP

Facilitation of the curation and exhibition in the UK and Asia of contemporary art originating from Asia; provision or assistance in the provision of (a) international exchange programmes for curators of such contemporary art and (b) exhibitions, lectures and other public programme events in relation to such art; and the creation or assistance in the provision of curational fellowship programmes.

Objects

3. ObjectsThe objects of the CIO ("the Objects") are:(1) the promotion of the arts for the benefit of the public in particular, but not limited to, the promotion of contemporary art originating from Asia by:(a) facilitating, or assisting in the facilitation of, the curation and exhibition of contemporary art, globally, with a focus in the United Kingdom of Great Britain and Northern Ireland ("the UK"), Asia and the United States of America (“the US”); and(b) providing, or assisting in the provision of, international exchange programmes for curators of contemporary art and contemporary artists to museums, galleries and other institutions, globally, with a focus in the UK, Asia and the US; and(2) the advancement of education of the public in the arts in particular, but not limitedto, the advancement of education in contemporary art originating from Asia by:(a) providing, or assisting in the provision of, exhibitions, lectures and other public programme events;(b) creating, or assisting in the creation of, fellowship programmes at museums, galleries and other institutions, globally, with a focus in the UK, Asia and the US; and (c) providing, or assisting in the provision of, a means by which curators, artists and fellows can disseminate the meaningful outcomes of exhibitions, exchange programmes and/or fellowship programmes in which they have participated.In these Objects "contemporary art" means art of the present day and relatively recent pastof an innovatory or avant-garde nature.Nothing in this constitution shall authorise an application of the property of the CIO for the purposes which are not charitable in accordance with section 7 of the Charities and Trustee Investment (Scotland) Act 2005 and section 2 of the Charities Act (Northern Ireland) 2008.

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

Causes: Education/training · Arts/culture/heritage/science · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£6.2m
Latest spending
£1.4m
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves increased to £1,606,327, reversing a previous deficit, supported by significant donation income of £6,220,203. The trustees report adequate resources for the foreseeable future with no material uncertainties identified regarding going concern. The charity operates a defined contribution pension scheme and holds unrestricted funds available for general charitable objectives.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £100,001 - £110,000 — in the top quarter for charities its size (median £70k)
“There was one employee whose total employee benefits (excluding employer pension costs) were between £100,000 - £110,000 with no other employees who received benefits of over £60,000” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“There was one employee whose total employee benefits (excluding employer pension costs) were between £100,000 - £110,000 with no other employees who received benefits of over £60,000” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: no target level set (held: £1.6m)
“The Trustees do not set a target level for reserves; but review them regularly to ensure that resources are available to cover pledges.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP. Discloses 6 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

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.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Structured financials (annual return, FY ending 31/12/2024)

Total income
£6.2m
Total spending
£1.4m
Reserves (reported)
£860k
Employees
7

Reported reserves equal ~7.2 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: China · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£6.2m£1.4m
31/12/2023£0£1.6m
31/12/2022£0£1.0m
31/12/2021£0£520k

Common questions

Is ASYMMETRY ART FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £1,606,327, reversing a previous deficit, supported by significant donation income of £6,220,203. The trustees report adequate resources for the foreseeable future with no material uncertainties identified regarding going concern. The charity operates a defined contribution pension scheme and holds unrestricted funds available for general charitable objectives. Its FY2024 accounts were audited by Saffery LLP.

What does the highest-paid employee of ASYMMETRY ART FOUNDATION earn?

Per its FY2024 accounts, the highest-paid employee was in the £100,001 - £110,000 band, and 1 employees earned over £60,000.

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.

FunderSimilar charities fundedAmount to them
OUTSET - CONTEMPORARY ART FUND1£95k
THE HENRY MOORE FOUNDATION1£20k
ALTAJIR TRUST1£13k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ART ASIA TRUST LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
ASYMMETRY ART FOUNDATION£6.2m£100,001 - £110,0001unclear—no doubt
ART ASIA TRUST LIMITED FY2025£277k—0unclear—no doubt
THE ASPECT FOUNDATION FOR MUSIC AND ARTS FY2024£2.5m—0unclear—no doubt
ASIA HOUSE FY2024£1.9m—3unclear—no doubt
NEW CURATORS FY2024£711k——below—no doubt
THE SIR PERCIVAL DAVID FOUNDATION ACADEMIC AND RESEARCH FUND FY2025£119k—0unclear—no doubt

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