Finance Score: -1

Governance Score: -2

Support Score: 4

Poor Liquidity: -1

No conflicts policy: -1
Only 4 Trustees: -1

Grant maker support: +4

Overall GiG Score: 1

THE DELFINA FOUNDATION

The main objective is the support of cross-cultural dialogue, collaboration and exchange between artists, curators and cultural practitioners in the UK and around the world. The two major areas of activity are: artist residencies and public programme events, including talks, exhibitions, performances, screenings, and collaborative projects.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
This charity does not have a Conflict of Interests policy
There are only 4 trustees

Financial issues to consider:

Liquidity appears to have been slender at the latest year end

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		£665	£676	£-11	£0	£155	£76	1.4	8
31/03/22	*	£454	£543	£-90	n/a	n/a	n/a	n/a	n/a
31/03/21		£489	£378	£111	n/a	n/a	n/a	n/a	n/a
31/03/20	*	£886	£927	£-42	£0	£145	£145	1.9	6
31/03/19		£730	£625	£105	£7	£187	£187	3.6	6
31/03/18	*	£541	£516	£26	£0	£82	£82	1.9	6
31/03/17	*	£484	£516	£-32	£0	£0	£0	n/a	0
31/03/16	*	£546	£528	£17	£0	£88	£73	1.7	6
31/03/15		£447	£416	£31	£0	£0	£0	n/a	0
31/03/14	*	£404	£434	£-30	£0	£0	£0	n/a	0
31/03/13	*	£396	£472	£-76	£0	£0	£0	n/a	0
31/03/12		£462	£428	£35	£0	£0	£0	n/a	0
31/03/11		£439	£363	£75	£0	£0	£0	n/a	0
31/03/10		£124	£264	£-140	£0	£0	£0	n/a	0
31/03/09		£571	£397	£173	£21	£176	£176	5.3	2
31/03/08		£272	£269	£3	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 15%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 39%
Liabilities/Income: 15%
Unrestricted Funds/Total Funds: 49%
Reserves/Spending: 1.4 months
Net Current Assets/Spending: 3 months
Quick Ratio: 1.5

Asset Split ?

Established: 17 years

www.delfinafoundation.com

info@delfinafoundation.com

02072335344

Charity Commission for England and Wales

Tweets

Listed activities

Accommodation/Housing
Arts/Culture/Heritage/Science
Education/Training
General Charitable Purposes

GiG Classification

Performing and visual arts

How it operates

Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides other finance
Provides services

Where it operates

Scotland,

Who it helps

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

Who works here?

8 employees

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
DCMS - Culture Recovery Fund: Continuity Support
£35,000	22/10/2021	To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further ....more To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further funding in order to be able to operate on a viable and sustainable basis by 31 March 2022.
DCMS - Delfina Foundation Recovery Fund
£70,000	01/04/2020	To support Arts and Culture throughout England
DCMS - Delfina Foundation CRF2 Grant
£35,000	01/04/2020	To support Arts and Culture throughout England

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

DELFINA ENTRECANALES

MARK MULLER Q.C

CHARLES WANSBROUGH Appointed: 2013, Other trusteeships: HOMEOPATHY RESEARCH INSTITUTE, DELFINA FOUNDATION,

DOMINIC FLYNN, Other trusteeships: THE TEDWORTH CHARITABLE TRUST, BACKSTAGE TRUST,

Legal constitution

Charity registered in England & Wales on 15/03/2007, number: 1118409

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal risk management policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Social media policy and procedures
Trustee expenses policy and procedures

Filing Record

16 returns made; AR22: 29 days late, AR20: 1 days late, AR18: 1 days late, AR17: 94 days late, AR16: 116 days late, AR14: 2 days late, AR13: 91 days late,

Recent reorganisation events:

Asset transfer in from PARASOL UNIT FOUNDATION FOR CONTEMPORARY ART on 14/12/2023

Main office

29 CATHERINE PLACE
VICTORIA
LONDON
SW1E 6DY

Objectives

(A) TO PAY OR APPLY THE SAME IN FOSTERING, PROMOTING, ADVANCING, MAINTAINING AND IMPROVING PUBLIC EDUCATION AND TO PROMOTE INTEREST IN AND APPRECIATION OF THE VISUAL ARTS AND THE PERFORMING ARTS, AND(B) TO OR FOR THE BENEFIT OF SUCH ONE OR MORE CHARITABLE PURPOSES OR CHARITABLE INSTITUTIONS IN ANY PART OF THE WORLD AT SUCH TIME OR TIMES IN SUCH MANNER AND IN SUCH PROPORTIONS AS THE TRUSTEES MAY FROM TIME TO TIME IN THEIR DISCRETION DETERMINE

Defined Area of Benefit:

NOT DEFINED. IN PRACTICE. MIDDLE EAST

Data Sources