Finance Score: 3

Governance Score: 8

Support Score: 5

Good reserves management: +3

12+ Trustees: -1
Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Grant maker support: +5

Overall GiG Score: 16

BALTIC FLOUR MILLS VISUAL ARTS TRUST

i) The advancement of the contemporary visual arts and the education of the public in the understanding and appreciation of the arts in general;ii) The provision and maintenance of the BALTIC Flour Mills buildings in Gateshead as a base for the production and presentation of contemporary visual arts and as a fully accessible centre in which the public may explore, understand and enjoy them.

Analysis by Giving is Great

Positives:

Reserves management has been consistently within official guidelines
There have been no material income shortfalls in recent years
A significant proportion of recent income was derived from major grant makers including the Government and a Community Foundation
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

There are 15 trustees whereas the Charities Commission recommends a maximum of 12
Over half the Board have joined recently

Established: 25 years

www.balticmill.com

info@balticmill.com

01914781810

Charity Commission for England and Wales

Tweets

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£6,001	£5,461	£540	£751	£3,925	£3,113	6.8	78	20
31/03/22		£4,774	£4,730	£44	£642	£3,437	£2,714	6.9	78	10
31/03/21		£4,644	£4,064	£580	£480	£3,044	£3,015	8.9	80	0
31/03/20		£5,487	£5,303	£184	£781	£2,647	£2,611	5.9	89	0
31/03/19		£5,948	£5,849	£98	£802	£2,571	£2,527	5.2	89	0
31/03/18		£4,873	£4,802	£71	£0	£2,472	£2,421	6.1	82	0
31/03/17		£4,786	£4,595	£191	£0	£2,401	£2,337	6.1	82	0
31/03/16		£4,846	£4,528	£318	£0	£2,210	£2,123	5.6	87	0
31/03/15		£4,786	£4,548	£238	£4	£1,911	£1,799	4.7	95	0
31/03/14		£4,598	£4,505	£93	£5	£1,673	£1,562	4.2	96	0
31/03/13		£4,623	£4,511	£112	£2	£1,580	£1,454	3.9	98	0
31/03/12		£4,551	£4,447	£105	£7	£1,468	£1,468	4	87	0
31/03/11	*	£4,389	£4,148	£240	£3	£1,363	£1,363	3.9	83	0
31/03/10		£4,130	£3,872	£258	£4	£1,122	£1,122	3.5	83	0
31/03/09		£3,584	£4,051	£-467	£3	£864	£864	2.6	83	0
31/03/08	*	£4,032	£3,809	£223	£32	£1,331	£1,331	4.2	86	0
31/03/07		£3,859	£3,672	£187	£8	£1,108	£1,108	3.6	86	0
31/03/06	*	£3,973	£3,717	£256	£0	£0	£0	n/a	0	0
31/03/05	*	£3,412	£3,118	£293	£0	£0	£0	n/a	0	0
31/03/04		£3,416	£3,048	£368	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 13.3%
Fundraising Costs/Total Spending: 13.8%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 25%
Liabilities/Income: 22%
Unrestricted Funds/Total Funds: 79%
Reserves/Spending: 6.8 months
Net Current Assets/Spending: 6 months
Quick Ratio: 2.2

Asset Split ?

What it does

Arts/Culture/Heritage/Science
Education/Training

Who works here?

78 employees
20 volunteers

Who it helps

The General Public/Mankind

How it operates

Provides buildings/facilities/open space
Provides services

Where it operates

Gateshead,

Who's supporting them? ?

Donations from Grant Makers ?

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

Major supporters in last 5 years

DCMS	£3,221,107
The Shears Foundation	£10,000
Community Foundation Tyne & Wear & Nthmbrlnd	£5,000

Specific Donations

Amount	When Months	To be used for
The Shears Foundation - BALTIC Centre for Contemporary Art
£10,000	15/04/2020	Art Lab
Community Foundation Tyne & Wear & Nthmbrlnd - creative activities and healthy meals for children and young people in Gateshead during the school holidays
£5,000	02/04/2020	creative activities and healthy meals for children and young people in Gateshead during the school holidays
DCMS - Baltic Centre for Contemporary Art
£3,216,107	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 ....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.
DCMS - The Way I See It: Summer 2020 Children and Young Peoples Creativity in the time of Covid-19
£5,000	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 ....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.
Virgin Money Foundation - Grant to BALTIC Centre for Contemporary Art
£150,000	17/08/2017 36	The #iwill Take Action award will contribute to Creating Change, a programme to embed social action in three Gateshead secondary schools, working with young people on projects exploring cultural ....more The #iwill Take Action award will contribute to Creating Change, a programme to embed social action in three Gateshead secondary schools, working with young people on projects exploring cultural identity, young people’s voice and their rights and community identity.
Community Foundation Tyne & Wear & Nthmbrlnd - Towards NHS Art Therapy at BALTIC
£9,595	02/02/2017	Towards NHS Art Therapy at BALTIC
Esmee Fairbairn - Grant to BALTIC Centre for Contemporary Art
£120,000	09/10/2013	Towards costs associated with developing the young people’s programme and embedding learning into the visitor experience.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (15)

Current Trustees appointed

Gender Split

Based on 13/15 persons

Age Range of Trustees: 33-67

ANTHONY DONALDSON Appointed: 2020, Occupation: Retired

COUNCILLOR CATHERINE DONOVAN Appointed: 2016, Occupation: Councillor, Other trusteeship: BENSHAM & SALTWELL ALIVE,

CARSTEN STAEHR Appointed: 2022, Occupation: Semi-Retired

JAMES GAMBLE Appointed: 2020, Occupation: Solicitor

JASMINA CIBIC Appointed: 2022, Occupation: Artist

KERRY CAMPBELL Appointed: 2020, Occupation: Freelance Curator

KIRSTY LANG (Chair) Appointed: 2018, Occupation: Journalist And Broadcaster

MARK ANTHONY SEALY Appointed: 2020, Occupation: Director, Other trusteeships: AUTOGRAPH ARTS, AUTOGRAPH ABP,

NICOLA CATTERALL Appointed: 2022, Occupation: Chartered Accountant

PROFESSOR CARON GENTRY Appointed: 2023, Occupation: Faculty Pro Vice Chancellor

PROFESSOR KIERAN FERNANDES Appointed: 2023, Occupation: Professor

PROFESSOR VALERIE JEAN BARRON Appointed: 2023, Occupation: Community Worker

PROFESSOR, DAME JANET BEER Appointed: 2023, Occupation: Portfolio

TANIA LOVE Appointed: 2020, Occupation: Architect

TINA GRAY Appointed: 2022, Occupation: Marketing Executive

Legal constitution

Charitable company registered in England & Wales on 24/06/1999, number: 1076251
Registered at Companies House on 29/06/1998, number: 03589539

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
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; AR11: 16 days late, AR08: 125 days late, AR06: 95 days late, AR05: 82 days late,

Main office

Baltic Centre for Contemporary Art
South Shore Road
GATESHEAD
NE8 3BA

Objectives

THE ADVANCEMENT OF THE CONTEMPORARY VISUAL ARTS AND THE EDUCATION OF THE PUBLIC IN THE UNDERSTANDING AND APPRECIATION OF THE ARTS IN GENERAL;THE PROVISION AND MAINTENANCE OF THE BALTIC FLOUR MILLS BUILDINGS IN GATESHEAD AS A BASE FOR THE PRODUCTION AND PRESENTATION OF CONTEMPORARY VISUAL ARTS AND THE ARTS IN GENERAL AND AS A FULLY ACCESSIBLE CENTRE IN WHICH THE PUBLIC MAY EXPLORE, UNDERSTAND AND ENJOY THEM.

Defined Area of Benefit:

NOT DEFINED

Data Sources