Finance Score: 0

Governance Score: 3

Support Score: 5

No PartB

Good trustee age range: +3

Grant maker support: +5

Overall GiG Score: 8

ARTES MUNDI PRIZE LIMITED

Artes Mundi Prize Limited is a not-for-profit organisation that brings exceptional and challenging international artists to Wales, generating unique opportunities for individuals and local communities to engage creatively with the urgent issues of our time in ways which are meaningful, and useful in our everyday lives.

Analysis by Giving is Great

Positives:

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
The Board appears to be well diversified in terms of age

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data

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
31/03/23		£427	£401	£26	n/a	n/a	n/a	n/a	n/a
31/03/22		£417	£451	£-34	n/a	n/a	n/a	n/a	n/a
31/03/21		£404	£354	£49	n/a	n/a	n/a	n/a	n/a
31/03/20		£342	£197	£145	n/a	n/a	n/a	n/a	n/a
31/03/19		£415	£498	£-83	n/a	n/a	n/a	n/a	n/a
31/03/18		£453	£319	£134	£0	£0	£0	n/a	0
31/03/17		£564	£601	£-36	£55	£38	£28	0.6	14
31/03/16	*	£365	£316	£49	£0	£0	£0	n/a	0
31/03/15		£475	£625	£-150	£0	£0	£0	n/a	0
31/03/14		£382	£273	£109	£0	£0	£0	n/a	0
31/03/13	*	£397	£578	£-180	£0	£0	£0	n/a	0
31/03/12?		£248	£184	£64	£0	£0	£0	n/a	0
30/06/11		£317	£228	£88	£0	£0	£0	n/a	0
30/06/10	*	£389	£501	£-112	£0	£0	£0	n/a	0
30/06/09		£410	£200	£210	£0	£0	£0	n/a	0
30/06/08		£599	£727	£-128	£80	£7	£7	0.1	4
30/06/07		£375	£229	£147	£0	£0	£0	n/a	0
30/06/06		£520	£566	£-46	£0	£0	£0	n/a	0
30/06/05	*	£254	£224	£30	£0	£0	£0	n/a	0
30/06/04	*	£533	£539	£-6	£0	£0	£0	n/a	0

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Download accounts

Highest pay bracket: less than £60,000

Established: 21 years

www.artesmundi.org

lianne.toye@artesmundi.org

03007777300

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training

GiG Classification

Performing and visual arts

How it operates

Provides advocacy/advice/information
Provides other finance
Provides services
Sponsors or undertakes research

Where it operates

Throughout Wales,

Who it helps

Children/Young People
Elderly/Old People
The General Public/Mankind

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.

Specific Donations

Amount	When Months	To be used for
The Foyle Foundation - Arts
£40,000	10/07/2023	towards the core costs of the Artes Mundi 10 Exhibition
Esmee Fairbairn - Grant to Artes Mundi
£95,334	27/02/2013	Towards the salary of the head of learning to take forward the learning and outreach programmes.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)

Current Trustees appointed

Age Range of Trustees: 29-67

OSEI BONSU Appointed: 2021, Occupation: Curator

DR FRANCESCA OLUTOKUNBO WILSON SOBANDE Appointed: 2020, Occupation: Lecturer In Digital Media Studies

ADAM SALKELD Appointed: 2011, Occupation: Media Executive, Other trusteeship: FRIENDS OF THE CENTRE,

PROFESSOR MICHAEL BOWEN TOOBY (Chair) Appointed: 2014, Occupation: Curator And Academic

DEREK ANTHONY HOWELL Appointed: 2015, Occupation: Chartered Accountant, Other trusteeships: THE NATIONAL BOTANIC GARDEN OF WALES, THE COMMUNITY FOUNDATION IN WALES,

Legal constitution

Charitable company registered in England & Wales on 06/05/2003, number: 1097377
Registered at Companies House on 22/06/2001, number: 04239932

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
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
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; AR16: 1 days late, AR13: 29 days late, AR10: 23 days late, AR05: 25 days late, AR04: 3 days late,

Main office

ROOM S01:03
NATIONAL MUSEUM & GALLERY WALES
CATHAYS PARK
CARDIFF
CF10 3NP

Objectives

TO ADVANCE THE EDUCATION OF THE PUBLIC BY INCREASING THEIR KNOWLEDGE AND APPRECIATION OF INTERNATIONAL CONTEMPORARY ART.

Defined Area of Benefit:

NOT DEFINED. IN PRACTICE WORLDWIDE

Data Sources