NATIONAL ART COLLECTIONS FUND

Registered charity 209174 · accounts filings on the Charity Commission register · Wikidata: Q3519818 · Wikipedia · also known as THE ART FUND · also registered in Scotland as SC038331 (OSCR)

The Art Fund enriches museums and galleries throughout the UK with works of art of all kinds; campaigns for the widest possible access to art; and promotes the enjoyment of art through its membership scheme.

Objects

TO SECURE BY PURCHASE, GIFT, EXCHANGE, BEQUEST OR OTHERWISE WORKS OF ART, AND OBJECTS OF NATIONAL AND HISTORICAL IMPORTANCE FOR PRESENTATION OR LOAN TO PUBLIC ART COLLECTIONS IN OUR UNITED KINGDOM AND THE COMMONWEALTH AND TO THE NATIONAL TRUST FOR PLACES OF HISTORIC INTEREST OR NATURAL BEAUTY AND THE NATIONAL TRUST FOR SCOTLAND FOR PUBLIC EXHIBITION SUCH PRESENTATION OR LOAN TO BE MADE SUBJECT TO SUCH CONDITIONS AND TERMS AS ARE REQUIRED.

Area of benefit: GREAT BRITAIN AND THE COMMONWEALTH

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

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

Registered contact address: Camden, London, England (from the postcode on the register)

Received the assets of THE LONDON HISTORIC HOUSE MUSEUMS TRUST (charity 295386) — merger registered 09/01/2009.
Source: Charity Commission register of merged charities (OGL v3.0).
Latest income
£18.3m
Latest spending
£20.3m
Registered
1962
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total income increased to £18.3m in 2025, driven by growth in membership and fundraising, while charitable expenditure rose to £18.9m. The charity operated at an operating deficit of £2.1m but recorded a net income of £3.8m due to strong investment returns, resulting in total funds increasing to £61.6m. The trustees confirm the charity has adequate resources to continue as a going concern with no material uncertainty.

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

What the accounts disclose

Reserves policy: three to six months of total unrestricted operating expenditure (held: £5.0m)
“The Trustees of Art Fund have set a target for general funds of between 3-6 months of total unrestricted operating expenditure.” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Trustees
“During the year two Trustees (2024: two) made donations to Art Fund totalling £550 (2024: £2,300) of which £250 was restricted to the Expanding Horizons appeal, and £300 was restricted to the Hepworth Wakefield campaign.” — page 62
“In February 2025, Clare Gough was appointed CEO of the Garfield Weston Foundation. Art Fund receives an annual grant award (£330,000 received in February 2025) from Garfield Weston Foundation as part of a long-standing, multiyear fundraising partnership awarded before Clare took up post.” — page 62
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant from Garfield Weston Foundation
“During the year two Trustees (2024: two) made donations to Art Fund totalling £550 (2024: £2,300) of which £250 was restricted to the Expanding Horizons appeal, and £300 was restricted to the Hepworth Wakefield campaign.” — page 62
“In February 2025, Clare Gough was appointed CEO of the Garfield Weston Foundation. Art Fund receives an annual grant award (£330,000 received in February 2025) from Garfield Weston Foundation as part of a long-standing, multiyear fundraising partnership awarded before Clare took up post.” — page 62
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Royalties from Publishers Licensing Service
“During the year two Trustees (2024: two) made donations to Art Fund totalling £550 (2024: £2,300) of which £250 was restricted to the Expanding Horizons appeal, and £300 was restricted to the Hepworth Wakefield campaign.” — page 62
“In February 2025, Clare Gough was appointed CEO of the Garfield Weston Foundation. Art Fund receives an annual grant award (£330,000 received in February 2025) from Garfield Weston Foundation as part of a long-standing, multiyear fundraising partnership awarded before Clare took up post.” — page 62
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from American Friends of the Art Fund
“During the year two Trustees (2024: two) made donations to Art Fund totalling £550 (2024: £2,300) of which £250 was restricted to the Expanding Horizons appeal, and £300 was restricted to the Hepworth Wakefield campaign.” — page 62
“In February 2025, Clare Gough was appointed CEO of the Garfield Weston Foundation. Art Fund receives an annual grant award (£330,000 received in February 2025) from Garfield Weston Foundation as part of a long-standing, multiyear fundraising partnership awarded before Clare took up post.” — page 62
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Art Fund Services Limited
“The trading activities of Art Fund are carried out by its service company, Art Fund Services Limited, a company incorporated in England and Wales (registered number 01487654).” — page 34
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

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.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/12/2025

  • Employees paid over £60,000: 12 (£60,001–£70,000: 3; £70,001–£80,000: 2; £80,001–£90,000: 3; £90,001–£100,000: 1; £100,001–£110,000: 1; £110,001–£120,000: 1; £150,001–£200,000: 1)
  • Has a trading subsidiary
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2024

  • Employees paid over £60,000: 9 (£60,001–£70,000: 2; £70,001–£80,000: 1; £80,001–£90,000: 2; £100,001–£110,000: 1; £110,001–£120,000: 2; £150,001–£200,000: 1)
  • Has a trading subsidiary
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2023

  • Employees paid over £60,000: 10 (£60,001–£70,000: 3; £70,001–£80,000: 2; £80,001–£90,000: 1; £90,001–£100,000: 1; £100,001–£110,000: 1; £110,001–£120,000: 1; £140,001–£150,000: 1)
  • Has a trading subsidiary
  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

ART FUND SERVICES LIMITED — latest Companies House iXBRL filing (balance sheet 2025-12-31)
  • Turnover: £159k
  • Profit/loss before tax: £118k
  • Equity: £100
ART FUND SERVICES LIMITED — per its own Companies House accounts
  • Turnover: £159k
  • Profit before tax: £118k
  • Donated/gift-aided to the charity: £118k
  • Disclosure exemption adopted for related party transactions between group members.
“All profits in the ycar are donated to Art Fund by way of Gift Aid.”

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £500k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook (88,806 followers) · instagram (127K followers)

Structured financials (annual return, FY ending 31/12/2025)

Total income
£18.3m
Total spending
£20.3m
Cost of raising funds
£1.5m
Reserves (reported)
£5.0m
Employees
80

Reported reserves equal ~3.0 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, cost of raising funds: 8.0% of total income — above the median for charities its size (3.7%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£18.3m£20.3m
31/12/2024£17.7m£17.9m
31/12/2023£16.3m£19.4m
31/12/2022£13.9m£20.9m
31/12/2021£17.6m£16.6m

Common questions

Is NATIONAL ART COLLECTIONS FUND financially healthy?

Per its FY2025 accounts: The accounts state that total income increased to £18.3m in 2025, driven by growth in membership and fundraising, while charitable expenditure rose to £18.9m. The charity operated at an operating deficit of £2.1m but recorded a net income of £3.8m due to strong investment returns, resulting in total funds increasing to £61.6m. The trustees confirm the charity has adequate resources to continue as a going concern with no material uncertainty. Its FY2025 accounts were audited by Crowe U.K. LLP.

Who funds NATIONAL ART COLLECTIONS FUND?

Funders whose own accounts filings name NATIONAL ART COLLECTIONS FUND as a grant recipient include GARFIELD WESTON FOUNDATION, THE FOYLE FOUNDATION, THE MASTER CHARITABLE TRUST, NESTA, THE SIR JOHN RITBLAT FAMILY FOUNDATION.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
GARFIELD WESTON FOUNDATIONFY2023£1.0mMuseums & Heritage
GARFIELD WESTON FOUNDATIONFY2023£500kMuseums & Heritage
GARFIELD WESTON FOUNDATIONFY2023£500kMuseums & Heritage
THE FOYLE FOUNDATIONFY2024£400k
THE FOYLE FOUNDATIONFY2025£398k
THE MASTER CHARITABLE TRUSTFY2025£314kAdvancement of the arts, culture, heritage or science
NESTAFY2024£260kCentral Commissioning Fund - Early Years Museum Innovation (Art Fund partnership project)
NESTAFY2024£64kCentral Commisioning Fund
THE SIR JOHN RITBLAT FAMILY FOUNDATIONFY2025£25k
THE JOHN R. MURRAY CHARITABLE TRUSTFY2025£15kAdvancement of the arts, culture, heritage and science
THE JOHN R. MURRAY CHARITABLE TRUSTFY2024£15kAdvancement of the arts, culture, heritage and science
THE SIR JOHN RITBLAT FAMILY FOUNDATIONFY2024£5k
THE MCCORQUODALE CHARITABLE TRUSTFY2025£4k
THE ARDEOLA CHARITABLE TRUSTFY2022£2k
THE IAN ASKEW CHARITABLE TRUSTFY2022£2kGrant

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund29/11/2022£3.1m"#DYC: Going Places (working title)"
UK government17/12/2019£572kDerek Jarman’s Prospect Cottage: securing the future of an inspirational building, garden, collection and archive
UK government17/12/2019£1.1mDerek Jarman’s Prospect Cottage: securing the future of an inspirational building, garden, collection and archive
The National Lottery Heritage Fund02/08/2017£93k"Art Happens Phase 2: building skills and resilience for heritage organisations through crowdfunding"
The National Lottery Heritage Fund22/07/2014£5.0m"Appeal to save the Wedgwood Collection"

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 THE NATIONAL ASSOCIATION OF DECORATIVE AND FINE ARTS SOCIETIES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
NATIONAL ART COLLECTIONS FUND£18.3m——within—no doubt
THE NATIONAL ASSOCIATION OF DECORATIVE AND FINE ARTS SOCIETIES FY2025£1.6m——within—no doubt
THE ARTS COUNCIL OF ENGLAND FY2025£843.1m——unclear—no doubt
THE NATIONAL GALLERY TRUST FY2025£8.4m—0unclear—no doubt
CAMPAIGN FOR THE ARTS FY2025£129k—0within—no doubt
THE INGRAM ART FOUNDATION FY2025£152k——unclear—no doubt

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