ASYMMETRY ART FOUNDATION
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.
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.
What the accounts disclose
“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
“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
“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
Year-over-year changes
- Employees paid over £60,000: 0 (FY2023) → 1 (FY2024).
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
Leadership, per the charity’s website
- Michèle Ruo Yi Landolt — Director
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Yan Duchair
- Anne Carmen Delventhal
- Rebecca Noyes
- Yi Luo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| OUTSET - CONTEMPORARY ART FUND | 1 | £95k |
| THE HENRY MOORE FOUNDATION | 1 | £20k |
| ALTAJIR TRUST | 1 | £13k |
Charities like this
- ART ASIA TRUST LIMITED
- THE ASPECT FOUNDATION FOR MUSIC AND ARTS
- ASIA HOUSE
- NEW CURATORS
- THE SIR PERCIVAL DAVID FOUNDATION ACADEMIC AND RESEARCH FUND
- OUTSET - CONTEMPORARY ART FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ASYMMETRY ART FOUNDATION | £6.2m | £100,001 - £110,000 | 1 | unclear | — | no doubt |
| ART ASIA TRUST LIMITED | £277k | — | 0 | unclear | — | no doubt |
| THE ASPECT FOUNDATION FOR MUSIC AND ARTS | £2.5m | — | 0 | unclear | — | no doubt |
| ASIA HOUSE | £1.9m | — | 3 | unclear | — | no doubt |
| NEW CURATORS | £711k | — | — | below | — | no doubt |
| THE SIR PERCIVAL DAVID FOUNDATION ACADEMIC AND RESEARCH FUND | £119k | — | 0 | unclear | — | no doubt |