Finance Score: 2
Governance Score: 6
Support Score: 10
  • Excess liquidity: -1
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Gender balanced board: +3
  • Overall weighted support: +10
Overall GiG Score: 18 ?

CORE ARTS

Relieving persons suffering from mental illness by the encouragement of participation in creative activities, particularly, but not exclusively, painting, photography, printing, music and creative writing.
Analysis by Giving is Great

Positives:

  • Spending has increased over the last 3 years relative to the previous period
  • Fundraising costs are unusually low relative to funds raised
  • 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 and gender

Financial issues to consider:

  • Liquidity appeared to be in excess of CC guidelines at the latest year end especially considering the historic stability of income

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£1,200£1,192£8£20£2,231£1,8831918140
31/03/22£1,077£1,042£35£19£2,261£1,95422.521140
31/03/21£1,041£863£179£15£2,295£2,00127.819125
31/03/20£978£918£60£15£1,541£1,2211617120
31/03/19£874£874£-1£14£1,584£1,23416.919120
31/03/18*£826£788£38£14£1,598£1,08716.6170
31/03/17*£798£773£25£14£1,578£1,26819.7140
31/03/16*£782£764£18£13£765£4447150
31/03/15*£687£658£29£26£746£3786.9170
31/03/14£599£597£3£37£739£3988180
31/03/13£655£648£7£18£736£3837.1160
31/03/12*£624£642£-18£82£730£3586.7190
31/03/11£827£642£185£75£731£1222.3180
31/03/10£813£569£244£56£546£340.770
31/03/09£673£550£123£64£302£90270
31/03/08£405£512£-107n/an/an/an/an/an/a
31/03/07*£534£393£141£103£286£391.280
31/03/06£402£390£13n/an/an/an/an/an/a
31/03/05£328£328£0n/an/an/an/an/an/a
31/03/04£253£248£5n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 1.8%
Fundraising Costs/Total Spending: 1.7%
Senior Staff Costs/Total Spending: 10%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 27%
Liabilities/Income: 70%
Unrestricted Funds/Total Funds: 84%
Reserves/Spending: 19 months
Net Current Assets/Spending: 4 months
Quick Ratio: 3.5
Asset Split ?
Balance Sheet History
Established: 30 years

www.corearts.co.uk

mail@corearts.co.uk

02085109990

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Disability
  • Economic/Community Development/Employment
  • The Advancement Of Health Or Saving Of Lives
GiG Classification
  • Performing and visual arts
How it operates
  • Provides buildings/facilities/open space
  • Provides human resources
  • Provides services
Where it operates
  • Throughout London,
Who it helps
  • People With Disabilities

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
Prudence Trust£180,000
DCMS£117,871
Greater London Authority£69,096
City Bridge Trust£60,828
Comic Relief£40,000
The Clothworkers Foundation£27,000
London Marathon Charitable Trust£25,000
Specific Donations
Amount When
Months
To be used for
The Clothworkers Foundation - Grant to Core Arts
£27,000 18/10/2023
Construction of a purpose built touring canal boat for a charity which works with young adults suffering severe mental health issues in Hackney
London Marathon Charitable Trust - Core Arts flagship for physical and mental health
£25,000 30/08/2023
toward solar panels and batteries for a newly built canal boat, a mental health facility moored on the River Lea, Hackney
Greater London Authority - Core Arts Community Garden
£50,000 02/12/2022
This project will transform an underused part of the St Barnabas Churchyard in Homerton into a co-designed community garden. The project will include sustainable urban drainage, drought tolerant planting, water harvesting and a teaching hub area for ....more
National Lottery Community Fund - Core Arts online connectivity for mental health
£10,000 20/05/2022
The funding will be used to update the ICT suite that provides access to digital training for adults in the Hackney area. The project aims to provide improved IT equipment supporting the digital literacy of adults affected by poor mental health.
Prudence Trust - Core Arts Flagship
£180,000 25/11/2021
Construction of a canal boat which will act as a creative education facility for adults with mental health issues. It will be moored in East London but also travel to other London boroughs via the canal network.
City Bridge Trust - Grant to Core Arts
£47,040 22/04/2021
towards the salaries of 2x Membership Managers
Greater London Authority - Grant to Core Arts
£19,096 01/12/2020
The Wardle Street Project
DCMS - Coronavirus Community Support Fund
£85,120 26/08/2020
"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
Lloyds Bank Foundation - Variation grant to Core Arts
£7,500 23/07/2020
Grant to Core Arts meeting the additional costs of adapting services, premises or implementing other safety measures in response to the Covid pandemic.
Comic Relief - Core Arts Recovery Funding
£40,000 23/06/2020
6
COVID19 Recovery funding
City Bridge Trust - Grant to Core Arts
£13,788 11/06/2020
£13,788 towards three months of costs as outlined in your application
DCMS - VSCE CMC Fund
£32,751 20/05/2020
NET, Comic Relief and Children in Need will use this funding to provide: increased support to vulnerable people and hidden groups, thus reducing the burden on public services; reach local grassroots and small organisations who can provide an ....more
Greater London Authority - Core Sport and Core Arts: using activity and creativity to support social integration
£136,635 30/09/2019
Core Arts works ith socially excluded adults with mild to severe mental health needs. The programme provides access to a wide range of sport and physical activity sessions, social events and art activities / qualifications .
Comic Relief - Core Sport and Core Arts: using activity and creativity to support social integration
£136,635 04/09/2019
24
People with mental health problems often experience social isolation. The Core Sports programme provides access to a wide range of sport and physical activity sessions, social events and art activities/qualifications to adults with mild to severe ....more
National Lottery Community Fund - Maximising Impact of the Core Arts Hall
£9,994 10/05/2019
12
The funding will be used to purchase new equipment resources that will enable the group to improve its delivery of arts activities that are designed to meet the needs of people with mental ill health. The project aims to improve levels of wellbeing.
Sport England - Core Arts' Movement
£7,340 16/07/2018
11
Funding under Sport England's Small Grants funding programme for a Revenue project titled Core Arts' Movement. This project lists its main activity as Multi Sports
Lloyds Bank Foundation - Grant to Core Arts
£44,360 22/06/2018
24
Supporting and enriching the lives of socially excluded people with severe mental health issues. The grant will fund the part time post of Member Volunteer Support Manager and associated costs.
Greater London Authority - Grant to Core Arts
£40,000 18/01/2018
Core Landscape -Whitechapel Healthy Garden
Greater London Authority - Grant to Core Arts
£40,000 18/01/2018
Core Landscape -Whitechapel Healthy Garden
Greater London Authority - Grant to Core Arts
£40,000 18/01/2018
Core Landscape -Whitechapel Healthy Garden
Greater London Authority - Grant to Core Arts
£40,000 18/01/2018
Core Landscape -Whitechapel Healthy Garden
Greater London Authority - Grant to Core Arts
£40,000 18/01/2018
Core Landscape -Whitechapel Healthy Garden
Greater London Authority - Grant to Core Arts
£40,000 31/12/2017
Core Landscape -Whitechapel Healthy Garden
Greater London Authority - Grant to Core Arts
£40,000 31/12/2017
Core Landscape -Whitechapel Healthy Garden
Greater London Authority - Grant to Core Arts
£40,000 31/12/2017
Core Landscape -Whitechapel Healthy Garden
London Marathon Charitable Trust - Improving existing amenities to support disabled adults to become involved in sport and physical activity
£19,900 11/10/2016
Towards the creation of a changing room, lockers, shower and toilets for use during specalist sports classes at Core Arts, a mental health day care centre working with adults with mild to severe mental health issues in Hackney and surrounding ....more
Lloyds Bank Foundation - Grant to Core Arts
£44,360 21/07/2016
24
Supporting and enriching the lives of socially excluded people with severe mental health issues. The grant will fund the part time post of Member Volunteer Support Manager and associated costs.
City Bridge Trust - Grant to Core Arts
£21,300 23/05/2016
£21,300 towards the cost of a part-time (21 hours pw) Nursery Manager.
National Lottery Community Fund - Core Arts Centre Hall refurbishment
£10,000 29/10/2014
12
Not Available
Tudor Trust - Grant to Core Arts
£69,000 28/08/2014
24
over two years towards the salary of a new post of Personalisation Membership Manager at this creative activities centre for people with severe and enduring mental health issues in East London
London Catalyst - Core Arts - 1
£15,000 23/05/2012
Greening the Grey- improving waste ground: Horticultural Volunteering project for people with mental health needs
National Lottery Community Fund - Core Arts Centre's new toilet and refurbished kitchen
£10,000 08/12/2011
12
This is a project by a charity in Hackney. The group will use funding to refurbish their kitchen and create additional disabled access toilet facilities. This will improve and extend the provision of facilities to meet health and safety regulations.
Esmee Fairbairn - Grant to core arts
£32,400 16/12/2009
36
Towards Project costs Towards the cost of employing a part-time events organiser to help with events to support people with mental health problems.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)
Current Trustees appointed
Gender Split

Age Range of Trustees: 48-76
  • DR MARK SALTER, Occupation: Doctor
  • ELLEN FAITH WILLETTS Appointed: 2021, Occupation: Artist
  • STUART JONES Appointed: 2013, Occupation: Composer
  • SHAUN ADAMS Appointed: 2016, Occupation: Musician
  • VIVIENNE HAVELL (Chair) Appointed: 2019, Occupation: Liveryman Of The Worshipful Company Of Gold
Legal constitution
  • Charitable company registered in England & Wales on 24/01/1995, number: 1043588
  • Registered at Companies House on 02/11/1994, number: 02985939
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
20 returns made; AR18: 33 days late, AR17: 1 days late, AR16: 1 days late, AR15: 1 days late, AR12: 1 days late, AR07: 1 days late,
Main office

CORE ARTS
1 ST. BARNABAS TERRACE
LONDON
E9 6DJ

Objectives

THE CHARITY’S OBJECTS (OBJECTS) ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING:TO RELIEVE THE NEED OF PERSONS SUFFERING FROM MENTAL ILLNESS AND/OR THOSE AT RISK OF SOCIAL EXCLUSION, BY THE ENCOURAGEMENT OF PARTICIPATION IN CREATIVE ACTIVITIES, PARTICULARLY, BUT NOT EXCLUSIVELY, ARTS, MUSIC, MULTIMEDIA, SPORTS AND HORTICULTURE AND TO RELIEVE THE NEED OF PEOPLE WITH MENTAL HEALTH DISABILITIES BY ARRANGING WORK FOR THEM.

Defined Area of Benefit:

NOT DEFINED IN PRACTICE LONDON

Data Sources

Charity Commission for England and Wales
360 Giving

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great