THE CONTEMPORARY ART SOCIETY
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.
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.
What the accounts disclose
“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.”
“Donations from trustees totalled £356,076 (2024: £266,099) in the year.” — page 26
Corporate structure
- Registered company of the charity Companies House 00255486
Leadership, per the charity’s website
- Caroline Douglas — Director
- Sophia Bardsley — Deputy Director
Company officers (Companies House)
- KINGSLEY, Sophie Nichola Ann on trustee list
- ADEBAJO, Oluwafikayo Motunrayo on trustee list
- HENKELL VON RIBBENTROP, Isabelle Maria Anna not on trustee list
- WARDER, Ruth on trustee list
- MARLOW OBE, Timothy John not on trustee list
- PREMPEH-BONSU, Charlene Akyiaa on trustee list
- ROBERTSON, James Findlay on trustee list
- FICHARDT, Liesl Frida on trustee list
- SUSS, Robert Marc on trustee list
- MEAD, Suling on trustee list
- OUTRED, Francis Nader on trustee list
- FRANKS, Timothy on trustee list
- SHIELD, John on trustee list
- BLAKE, Nicola Ann on trustee list
- GOLTZ, Emma Joan on trustee list
- LUPTON, Beatrice Marie, The Lady on trustee list
- WILLS, Catherine Martha not on trustee list
- MORRIS, Keith John on trustee list
- CORVI-MORA, Tommaso on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Robert Susschair
- CATHY WILLS
- Charlene Prempeh-Bonsu
- Emma Goltz
- Francis Outred
- Isabelle Henkell von Ribbentrop
- James Robertson
- John Shield
- Keith Morris
- Liesl Fichardt
- Nicola Blake
- Oluwafikayo Motunrayo Adebajo
- Ruth Warder
- Sophie Nichola Ann Kingsley
- Suling Mead
- THE LADY BEATRICE LUPTON
- TOMMASO CORVI-MORA
- Timothy Franks
- Timothy Marlow OBE
- Valeria Napoleone
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
- CATHERINE WILLS — trustee here and at CATHY WILLS CHARITABLE TRUST
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CECIL AND HILDA LEWIS CHARITABLE TRUST | FY2022 | £192k | |
| PRISM THE GIFT FUND | FY2024 | £68k | Art and Cultural Heritage |
| CATHY WILLS CHARITABLE TRUST | FY2024 | £23k | |
| THE LOVINGTON FOUNDATION | FY2023 | £5k | |
| THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUST | FY2025 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GARFIELD WESTON FOUNDATION | 1 | £2.0m |
| THE FOYLE FOUNDATION | 1 | £798k |
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £543k |
| NESTA | 1 | £324k |
| THE MASTER CHARITABLE TRUST | 1 | £314k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £111k |
| JOHN LYON'S CHARITY | 1 | £42k |
| JOHN JAMES BRISTOL FOUNDATION | 1 | £30k |
Charities like this
- NEW CONTEMPORARIES (1988) LIMITED
- NATIONAL ART COLLECTIONS FUND
- OUTSET - CONTEMPORARY ART FUND
- ART MONTHLY FOUNDATION
- THE SHOWROOM GALLERY LTD.
- Hastings Contemporary
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CONTEMPORARY ART SOCIETY | £2.1m | — | — | above | — | no doubt |
| NEW CONTEMPORARIES (1988) LIMITED | £366k | — | 0 | unclear | — | no doubt |
| NATIONAL ART COLLECTIONS FUND | £17.7m | £150,001 - £160,000 | — | within | — | no doubt |
| OUTSET - CONTEMPORARY ART FUND | £490k | — | — | unclear | — | no doubt |
| ART MONTHLY FOUNDATION | £202k | — | 0 | unclear | — | no doubt |
| THE SHOWROOM GALLERY LTD. | £409k | — | 0 | above | — | no doubt |