Finance Score: 6

Governance Score: 5

Support Score: 3

Liabilities <10%: +3
Fundraising costs low: +3

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

Grant maker support: +3

Overall GiG Score: 14

THE CONTEMPORARY ART SOCIETY

The Contemporary Art Society is a national charity that encourages an appreciation and understanding of contemporary art in the UK. With the help of our members and supporters we raise funds to purchase works by new artists which we give to museums and public galleries across the UK where they are enjoyed by a national audience now and for the future.

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker
This charity has a robust balance sheet
There have been no material income shortfalls in recent years
Fundraising costs are low relative to funds raised
The Board appears to be well diversified in terms of age and gender

Regulatory & Governance issues to consider:

There are 17 trustees whereas the Charities Commission recommends a maximum of 12

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		£1,764	£1,693	£72	£127	£2,030	£1,945	13.8	16
31/03/22		£1,539	£1,386	£153	£164	£1,974	£1,809	15.7	16
31/03/21		£1,561	£1,485	£77	£175	£1,807	£1,679	13.6	16
31/03/20		£1,621	£1,508	£113	£228	£1,700	£1,618	12.9	18
31/03/19		£1,404	£1,352	£52	£163	£1,597	£1,557	13.8	17
31/03/18		£1,418	£1,405	£12	£136	£1,545	£1,519	13	17
31/03/17		£1,315	£1,361	£-47	£154	£1,533	£1,483	13.1	16
31/03/16		£1,115	£1,121	£-6	£114	£1,580	£1,375	14.7	17
31/03/15		£1,339	£1,406	£-67	£284	£1,586	£1,077	9.2	16
31/03/14		£1,525	£1,594	£-70	£344	£1,652	£1,194	9	14
31/03/13		£1,373	£1,365	£8	£404	£1,722	£1,246	11	14
31/03/12		£1,152	£1,347	£-196	£365	£1,714	£243	2.2	14
31/03/11	*	£1,223	£1,237	£-13	£69	£1,844	£344	3.3	14
31/03/10		£1,234	£1,065	£169	£306	£1,557	£287	3.2	12
31/03/09		£1,028	£865	£163	£268	£1,388	£263	3.7	11
31/03/08		£686	£940	£-254	£120	£1,426	£210	2.7	9
31/03/07		£599	£1,025	£-426	£186	£1,377	£452	5.3	6
31/03/06		£746	£918	£-172	£0	£0	£0	n/a	0
31/03/05		£2,242	£1,745	£498	£0	£0	£0	n/a	0
31/03/04		£1,796	£1,322	£473	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 7.7%
Fundraising Costs/Total Spending: 7.5%
Senior Staff Costs/Total Spending: 10%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 8%
Liabilities/Income: 10%
Unrestricted Funds/Total Funds: 96%
Reserves/Spending: 13.8 months
Net Current Assets/Spending: 5 months
Quick Ratio: 3.2

Asset Split ?

Established: 62 years
(93 years as a company)

www.contemporaryartsociety.org

info@contemporaryartsociety.org

02070178400

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training

GiG Classification

Performing and visual arts

How it operates

Acts as an umbrella or resource body
Other charitable activities
Provides advocacy/advice/information
Provides services

Where it operates

Northern Ireland, Scotland,

Who it helps

Other Charities Or Voluntary Bodies
Other Defined Groups
The General Public/Mankind

Who works here?

16 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 - National Portfolio Organisation 2018-22
£171,421	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.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (17)

Current Trustees appointed

Gender Split

Based on 14/17 persons

Age Range of Trustees: 29-81

SULING MEAD Appointed: 2023, Occupation: Art Patron

AMA OFORI-DARKO Appointed: 2022, Occupation: Development Manager, Other trusteeship: ZOONATION: THE KATE PRINCE COMPANY LIMITED,

ROBERT SUSS (Chair) Appointed: 2024, Occupation: Director

TOMMASO CORVI-MORA Appointed: 2007, Occupation: Art Dealer

ANNA YANG Appointed: 2017, Occupation: Attorney

BIANCA RODEN Appointed: 2021, Occupation: Speech Pathologist, Other trusteeship: Royal Academy Trust,

FRANCIS OUTRED Appointed: 2020, Occupation: Director

MICHAEL BRADLEY Appointed: 2014, Occupation: Company Director

NICOLA BLAKE Appointed: 2017, Occupation: Real Estate Manager

THE LADY BEATRICE LUPTON Appointed: 2015, Occupation: Trustee

TIMOTHY FRANKS Appointed: 2018, Occupation: Private Equity Professional

VALERIA NAPOLEONE Appointed: 2015, Occupation: Art Patron

CATHY WILLS Appointed: 2012, Occupation: Art Historian/ Co-Director, Other trusteeship: CATHY WILLS CHARITABLE TRUST,

EDWIN WULFSOHN Appointed: 2001, Occupation: Director Of Companies, Other trusteeships: TEL AVIV UNIVERSITY TRUST, CWPLUS,

EMMA GOLTZ Appointed: 2016, Occupation: Occupation Investor, Other trusteeship: THE ROCHE COURT EDUCATIONAL TRUST,

JOHN SHIELD Appointed: 2018, Occupation: Communications, Other trusteeship: THE FRONTLINE ORGANISATION,

KEITH MORRIS OBE Appointed: 2012, Occupation: Insurance, Other trusteeship: WELLS MALTINGS TRUST,

Legal constitution

Charitable company registered in England & Wales on 22/09/1962, number: 208178
Registered at Companies House on 07/04/1931, number: 00255486

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Conflicting interests
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
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

20 returns made; AR11: 1 days late,

Main office

CONTEMPORARY ART SOCIETY
59 CENTRAL STREET
LONDON
EC1V 3AF

Objectives

OBJECTS ARE, FOR PUBLIC BENEFIT, TO PROMOTE AND ENCOURAGE THE EDUCATION IN, AND THE APPRECIATION AND DEVELOPMENT OF CONTEMPORARY ART AND TO SECURE BY PURCHASE, GIFT, EXCHANGE, BEQUEST OR OTHERWISE CONTEMPORARY WORKS OF ART FOR PRESENTATION OR LOAN TO PUBLIC COLLECTIONS, MUSEUMS AND GALLERIES WHEREVER SITUATED

Defined Area of Benefit:

NATIONAL AND OVERSEAS

Data Sources