THE ATHENA ART FOUNDATION
Athena Art Foundation posts on its digital hub and social media feeds innovative and accessible material about pre-modern art in museums and other locations around the world. The Athena team gathers material for the hub from a wide range of websites, publications, newsletters and promotional material, as well as producing podcasts, films, livestreams and other material of our own.
Objects
TO ADVANCE EDUCATION FOR THE PUBLIC BENEFIT IN THE APPRECIATION OF PRE-20TH CENTURY ART BY THE PROVISION OF:A. A FREE-TO-ACCESS DIGITAL HUB WITH LINKS TO HIGH QUALITY INFORMATION AND ONLINE RESOURCES FROM MUSEUMS AND OTHER ARTS ORGANISATIONS AND PUBLICATIONS WORLDWIDE ABOUT GREAT PRE-20TH CENTURY ART FROM THE EUROPEAN AND OTHER TRADITIONS, WITH THE AIM OF ENCOURAGING A WIDE RANGE OF PEOPLE AROUND THE WORLD TO ENJOY AND LEARN ABOUT THIS ART, AND;B. GATHERING TOGETHER THE VOICES OF CURATORS, ARTISTS AND OTHERS WHO PASSIONATELY BELIEVE THAT GREAT PRE-20TH CENTURY ART HELPS US TO REFLECT ON LIFE TODAY AND IMAGINE THE WORLD TOMORROW, ATHENA’S DIGITAL PLATFORM AND SOCIAL MEDIA WILL CURATE, PRODUCE AND SHARE INNOVATIVE AND ACCESSIBLE PODCASTS, IMAGE-LED FEATURES, IMMERSIVE EXPERIENCES, ONLINE EXHIBITIONS, PUBLICATIONS AND SHORT COURSES, AS WELL AS INFORMATION ABOUT WHAT’S ON AND INVITATIONS TO LIVE TALKS AND GATHERINGS.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £14,499 for the year, reducing its total net assets to £10,297. The trustees report that unrestricted reserves have fallen below their stated policy target of six months' anticipated expenditure, though they consider the current level of funds adequate for working capital purposes.
What the accounts disclose
“The reduction in reserves during the year now means this threshold is not being achieved” — page 5
“During the year, N Jennings, who is key management, incurred travel and other office expenses amounting to £7,279 (2024: £2,332) on behalf of the charity which have been reimbursed.” — page 16
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- 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
- 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
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/05/2025
- Volunteers: 1
Self-declared on the annual return for the financial year ending 31/05/2023
- Volunteers: 2
Trustees
- Dmitry Gladkovchair
- Mark Harris
- Sussan Babaie
- Suzanne Jane Marriott
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £34k | £48k |
| 31/05/2024 | £46k | £38k |
| 31/05/2023 | £49k | £50k |
| 31/05/2022 | £61k | £44k |
Common questions
Is THE ATHENA ART FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £14,499 for the year, reducing its total net assets to £10,297. The trustees report that unrestricted reserves have fallen below their stated policy target of six months' anticipated expenditure, though they consider the current level of funds adequate for working capital purposes. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NISBET TRUST | 1 | £73k |
| THE PORTISHEAD NAUTICAL TRUST | 1 | £8k |
| THE ANCHOR SOCIETY CIO | 1 | £6k |
| THE GIBBS CHARITABLE TRUSTS | 1 | £3k |
Charities like this
- ARENA ART AND DESIGN ASSOCIATION
- AXIS WEB
- HYPHA STUDIOS
- ART INSTITUTIONS OF THE 21ST CENTURY
- THE FOUNDATION FOUNDATION
- ACTA COMMUNITY THEATRE LTD.
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ATHENA ART FOUNDATION | £34k | — | 0 | below | — | no doubt |
| ARENA ART AND DESIGN ASSOCIATION | £53k | — | 0 | unclear | — | no doubt |
| AXIS WEB | £349k | — | 0 | unclear | — | no doubt |
| HYPHA STUDIOS | £175k | — | 0 | above | — | no doubt |
| ART INSTITUTIONS OF THE 21ST CENTURY | £51k | — | 0 | unclear | — | no doubt |
| THE FOUNDATION FOUNDATION | £177k | — | 0 | above | — | no doubt |