THE CONTEMPORARY ART SOCIETY

Registered charity 208178 · accounts filings on the Charity Commission register

The Contemporary Art Society is a national charity that encourages an appreciation and understanding of contemporary art in the UK. With the help of our members and supporters we raise funds to purchase works by new artists which we give to museums and public galleries across the UK where they are enjoyed by a national audience now and for the future.

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

Latest income
£2.1m
Latest spending
£1.9m
Registered
1962
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a total surplus of £222,518 for the year ended 31 March 2025, driven by a significant increase in donations and fundraising event income. The trustees consider the free reserves of £770,941, representing approximately eight months of running costs, to be a resilient position despite sector-wide pressures. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

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

What the accounts disclose

Reserves policy: 8 months running costs (held: £771k)
“This leaves £770,941 of free reserves, representing approximately 8 months running costs, which in light of the current state of business the Board believes is a resilient position.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustees
“Donations from trustees totalled £356,076 (2024: £266,099) in the year.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP. Discloses 4 of 6 completeness components.

Corporate structure

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.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

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): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.1m
Total spending
£1.9m
Cost of raising funds
£203k
Reserves (reported)
£771k
Employees
17

Reported reserves equal ~4.9 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 (63% 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: 9.6% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland

Income and spending

Financial year endIncomeSpending
31/03/2025£2.1m£1.9m
31/03/2024£1.5m£1.5m
31/03/2023£1.8m£1.7m
31/03/2022£1.5m£1.4m
31/03/2021£1.6m£1.5m

Common questions

Is THE CONTEMPORARY ART SOCIETY financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a total surplus of £222,518 for the year ended 31 March 2025, driven by a significant increase in donations and fundraising event income. The trustees consider the free reserves of £770,941, representing approximately eight months of running costs, to be a resilient position despite sector-wide pressures. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Sayer Vincent LLP.

Who funds THE CONTEMPORARY ART SOCIETY?

Funders whose own accounts filings name THE CONTEMPORARY ART SOCIETY as a grant recipient include CECIL AND HILDA LEWIS CHARITABLE TRUST, PRISM THE GIFT FUND, CATHY WILLS CHARITABLE TRUST, THE LOVINGTON FOUNDATION, THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUST.

Shared trustees with funders

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
CECIL AND HILDA LEWIS CHARITABLE TRUSTFY2022£192k
PRISM THE GIFT FUNDFY2024£68kArt and Cultural Heritage
CATHY WILLS CHARITABLE TRUSTFY2024£23k
THE LOVINGTON FOUNDATIONFY2023£5k
THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUSTFY2025£2k

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 NEW CONTEMPORARIES (1988) LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE CONTEMPORARY ART SOCIETY£2.1m——above—no doubt
NEW CONTEMPORARIES (1988) LIMITED FY2025£366k—0unclear—no doubt
NATIONAL ART COLLECTIONS FUND FY2024£17.7m£150,001 - £160,000—within—no doubt
OUTSET - CONTEMPORARY ART FUND FY2024£490k——unclear—no doubt
ART MONTHLY FOUNDATION FY2025£202k—0unclear—no doubt
THE SHOWROOM GALLERY LTD. FY2025£409k—0above—no doubt

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