Finance Score: -4

Governance Score: 3

Support Score: 6

Multiple Deficits: -2
Fundraising costs high: -2

Good trustee age range: +3

Overall weighted support: +6

Overall GiG Score: 5

INSTITUTE OF INTERNATIONAL VISUAL ARTS

Iniva engages with culturally diverse practices and ideas by creating exhibitions, publications, multimedia, education and research projects designed to bring the work of artists from culturally diverse backgrounds to the attention of the widest possible public.

Analysis by Giving is Great

Positives:

Spending has increased over the last 3 years relative to the previous period
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age

Financial issues to consider:

On several occasions in recent years income has been less than spending
Fundraising costs are high relative to funds raised

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23	*	£573	£691	£-117	£133	£479	£324	5.6	9	15
31/03/22		£557	£525	£32	£92	£596	£335	7.7	8	5
31/03/21		£551	£356	£195	£65	£564	£325	10.9	9	0
31/03/20		£565	£453	£112	£128	£370	£212	5.6	8	6
31/03/19		£368	£463	£-95	n/a	n/a	n/a	n/a	n/a	n/a
31/03/18		£350	£469	£-119	n/a	n/a	n/a	n/a	n/a	n/a
31/03/17		£344	£471	£-127	n/a	n/a	n/a	n/a	n/a	n/a
31/03/16		£389	£467	£-78	n/a	n/a	n/a	n/a	n/a	n/a
31/03/15		£938	£1,020	£-82	£230	£677	£617	7.3	9	0
31/03/14		£814	£808	£6	£174	£759	£651	9.7	9	0
31/03/13	*	£726	£804	£-78	£115	£753	£659	9.8	8	0
31/03/12	*	£1,007	£929	£77	£126	£831	£717	9.3	11	0
31/03/11		£1,095	£1,064	£31	£117	£754	£645	7.3	14	0
31/03/10		£1,102	£1,023	£78	£85	£723	£652	7.6	12	0
31/03/09		£1,297	£1,265	£32	£115	£645	£627	5.9	11	0
31/03/08		£1,335	£1,274	£61	£89	£613	£613	5.8	11	0
31/03/07		£1,177	£1,146	£31	£82	£552	£552	5.8	13	0
31/03/06		£893	£746	£148	n/a	n/a	n/a	n/a	n/a	n/a
31/03/05		£813	£822	£-8	n/a	n/a	n/a	n/a	n/a	n/a
31/03/04		£807	£740	£67	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 24.7%
Fundraising Costs/Total Spending: 19.2%
Highest pay band: Less than £60,000
Liabilities/Assets: 12%
Liabilities/Income: 11%
Unrestricted Funds/Total Funds: 68%
Reserves/Spending: 5.6 months
Net Current Assets/Spending: 7 months
Quick Ratio: 5.6

Asset Split ?

Balance Sheet History

Established: 31 years

www.iniva.org

info@iniva.org

02076301278

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science

GiG Classification

General Community services

How it operates

Other charitable activities

Where it operates

Throughout England And Wales,

Who it helps

People Of A Particular Ethnic Or Racial Origin
The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

DCMS	£242,508
Esmee Fairbairn	£179,000
BBC Children in Need	£3,293

Specific Donations

Amount	When Months	To be used for
Esmee Fairbairn - Grant to Institute of International Visual Arts
£5,000	20/02/2023	Towards unrestricted core costs as a Cost of Living Uplift
Esmee Fairbairn - Grant to Institute of International Visual Arts
£54,000	24/03/2021 1	Towards unrestricted core costs from the Racialised Communities Top Up Fund
DCMS - Coronavirus Community Support Fund
£9,962	17/08/2020	"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to operate, thereby reducing the burden on public ....more "The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to operate, thereby reducing the burden on public services.2) To ensure essential services are provided to vulnerable people, both in the short and long term through increased community support through the work of charitable organisations."
BBC Children in Need - Grant to Iniva (The Institute of International Visual Art)
£3,293	17/06/2020 6	COVID19 - This grant will fund online arts and crafts sessions for disadvantaged children who are impacted by Covid-19. Work will help with their confidence and emotional learning skills.
Esmee Fairbairn - Grant to Institute of International Visual Arts
£120,000	17/06/2020 30	Towards project costs for Future Collect, a three-year partnership programme to transform the culture of commissioning and collecting in museums and galleries to reflect the diversity of the UK.
DCMS - National portfolio organisation 2018 - 2022
£232,546	01/04/2020	We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that by 2030 we want England to be a country in which the creativity of each of us is valued and given the chance to flourish and ....more We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that by 2030 we want England to be a country in which the creativity of each of us is valued and given the chance to flourish and where everyone of us has access to a remarkable range of high quality cultural experiences. We invest public money from Government and The National Lottery to help support the sector and to deliver this vision.
BBC Children in Need - Grant to Iniva (The Institute of International Visual Art)
£30,000	30/07/2018 36	Art therapy sessions for young people who may have Looked After status or who are economically and socially disadvantaged. Young people will benefit through improved confidence, improved understanding of their emotions and broadened aspirations.
Esmee Fairbairn - Grant to Institute of International Visual Arts
£35,700	16/11/2015 15	Towards the salary of the business development manager.
Esmee Fairbairn - Grant to Institute of International Visual Arts
£114,000	05/06/2013	Towards the salary of the business development manager and development budget.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)

Current Trustees appointed

Age Range of Trustees: 44-69

ANITA BHALLA Appointed: 2014, Occupation: Chairman

EVA HELENA ZEDIG Appointed: 2021, Occupation: Communications Consultant

MARC NAHUM Appointed: 2009, Occupation: Consultant

MAKANJUADE SYLVIA ARIKE OKE Appointed: 2021, Occupation: Archivist

RITULA SHAH Appointed: 2014, Occupation: Journalist

RODRIGO ORRANTIA GOMEZ Appointed: 2015, Occupation: Project Manager

SOMIL GOYAL Appointed: 2014, Occupation: Director At Deutsche Bank

Legal constitution

Charitable company registered in England & Wales on 27/01/1994, number: 1031721
Registered at Companies House on 17/12/1993, number: 02881612

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Volunteer management

Filing Record

20 returns made; AR23: 22 days late, AR13: 8 days late, AR12: 51 days late,

Main office

16 JOHN ISLIP STREET
LONDON
SW1P 4JU

Objectives

THE OBJECT FOR WHICH THE COMPANY IS ESTABLISHED IS TO ADVANCE THE EDUCATION OF THE PUBLIC WHETHER IN THE UNITED KINGDOM OR OVERSEAS IN ALL MATTERS RELATING TO THE ARTS WHICH INCLUDE PAINTING SCULPTURE CRAFTS TEXTILE ARTS PRINTMAKING GRAPHIC ARTS PHOTOGRAPHY MIXED MEDIA FILM TELEVISION VIDEO ANIMATION AND STAGE DESIGN

Defined Area of Benefit:

NOT DEFINED

Data Sources

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