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Development and Public Sector Funding at Tate

Development and Public Sector Funding at Tate. Antoinette O’Loughlin Head of Public Sector Fundraising. Introduction. Tate and its mission What Tate does Structure and governance Funding overview Public Sector Fundraising Some publicly funded projects Challenges and opportunities.

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Development and Public Sector Funding at Tate

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  1. Development and Public Sector Funding at Tate Antoinette O’Loughlin Head of Public Sector Fundraising

  2. Introduction • Tate and its mission • What Tate does • Structure and governance • Funding overview • Public Sector Fundraising • Some publicly funded projects • Challenges and opportunities

  3. Tate and its mission • Founded in 1897 to show British art • 4 galleries: London, St Ives and Liverpool • Mission: to increase public knowledge, understanding and enjoyment of art • Tate is a public institution owned by, and existing for, the public • Audiences: 7,746,953 in 2012/13

  4. What Tate does • Cares for, preserves, adds to and researches the Collection • Develops innovative programmes that engage existing and new audiences • Invests in staff development • Develops self reliance to ensure a sustainable future.

  5. Structure and governance • Tate is a Non-Departmental Public Body (NDPB), funded in part by the Department for Culture, Media and Sport (DCMS) • Tate is an exempt charity with full charitable status • Tate is governed by a Board of Trustees

  6. Funding overview • Total income in 2012/13: £87,862m • Grant-in-aid DCMS: £31,938m – 36.4% • Trading income: £27,405m – 31.2% • Fundraising: £13,010m – 14.8% • Admissions: £10,826 – 12.3% • Other: £4,683m – 5.%

  7. Public Sector Fundraising • Usually for non-budget relieving activities that are additional to core • UK Government Departments • Non-departmental public bodies • National Lottery • European Commission • Non-public bodies that fund research

  8. Some publicly funded projects • The Tate Movie Project • Skills for the future • Capital projects • Tate Britain: mostly private funding • Tate St Ives Phase 2: mostly public funding • Research

  9. Funding package for TSI2 Land (in-kind): £ 1,500,000 Cornwall Council: £ 3,000,000 Arts Council England: £ 4,000,000 Heritage Lottery Fund: £ 2,780,400 Private: £ 2,500,000 Total: £13,780,400

  10. Challenges • Fewer, more competitive environment • Lower success rates • Partners experiencing cuts • Public funding replacing services

  11. Opportunities • Public / private partnerships • Digital access and innovation • Skills / workforce development • Health and Wellbeing

  12. www.tate.org.uk

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