Overall GiG Score: 7 ?
Finance Score: -3
Governance Score: 0
Support Score: 10
  • Excess reserves: -4
  • Multiple Deficits: -2
  • Fundraising costs low: +3
    • Grant maker support: +10

    SOUTHBANK CENTRE 

    Arts Centre
    Analysis by Giving is Great

    Positives:

    • Fundraising costs are unusually low relative to funds raised
    • A significant proportion of recent income was derived from major grant makers including the Government

    Regulatory & Governance issues to consider:

    • This charity uses a corporate trustee

    Financial issues to consider:

    • This charity has substantial assets and unrestricted reserves of £226,609,000 available, equivalent to 50 months of spending and so may not be able to utilise additional funding
    • On several occasions in recent years income has been less than spending
    Established: 36 years
    Charity Commission for England and WalesFacebookInstagramX

    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£53,282£53,880£-598£1,327£228,709£226,60950.54470
    31/03/22£43,155£42,448£707£1,059£228,237£227,20164.23590
    31/03/21£36,200£37,220£-1,020£1,054£227,004£226,21272.94600
    31/03/20£60,421£55,040£5,381£1,182£228,395£228,00749.75940
    31/03/19£52,445£57,197£-4,752£1,222£223,034£222,83746.84620
    31/03/18£52,011£54,086£-2,075£942£226,014£225,63250.14320
    31/03/17£68,081£47,470£20,611£859£220,943£220,50355.74110
    31/03/16£46,699£49,090£-2,391£1,032£203,114£202,99449.63880
    31/03/15£46,842£50,500£-3,658£7,466£206,621£206,226494570
    31/03/14£48,381£51,332£-2,951£7,742£213,856£213,754504330
    31/03/13£50,118£50,637£-519£7,244£216,969£216,70851.44040
    31/03/12£47,130£51,011£-3,881£7,888£254,399£254,08859.83940
    31/03/11£43,952£50,190£-6,238£7,125£255,796£255,53161.13820
    31/03/10£44,474£49,791£-5,317£6,153£259,586£256,75261.93610
    31/03/09£53,879£48,639£5,240£7,528£263,041£258,71263.83760
    31/03/08£51,979£44,808£7,171£6,264£265,710£263,75970.64070
    31/03/07£25,563£37,695£-12,132£6,215£86,633£53,23916.93070
    31/03/06£29,817£44,593£-14,776£0£0£0n/a00
    31/03/05£38,489£37,872£617£0£0£0n/a00
    31/03/04*£31,598£31,638£-40£0£0£0n/a00

    Financial Ratios
    Fundraising Costs/Relevant Income: 3.8%
    Fundraising Costs/Total Spending: 2.5%
    Senior Staff Costs/Total Spending: 5%
    Highest pay band: £150,000-£200,000
    Liabilities/Assets: 16%
    Liabilities/Income: 82%
    Unrestricted Funds/Total Funds: 99%
    Reserves/Spending: 50.5 months
    Net Current Assets/Spending: 1 months
    Quick Ratio: 1
    Asset Split ?
    What it does
    • Arts/Culture/Heritage/Science
    • Education/Training
    Who works here?
    • 447 employees
    Who it helps
    • The General Public/Mankind
    How it operates
    • Provides buildings/facilities/open space
    Where it operates
    • Throughout England And Wales,

    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£605,000
    Wolfson Foundation£225,000
    Rothschild Foundation£103,200
    The Charity of Sir Richard Whittington£100,000
    Specific Donations
    Amount When
    Months
    To be used for
    Rothschild Foundation - Grant to Southbank Centre
    £3,200 01/03/2023
    Cost of living supplementary grant
    Rothschild Foundation - Grant to Southbank Centre
    £100,000 17/11/2021
    Special Curator Development Programme
    DCMS - Investment Funds
    £605,000 07/05/2021
    We are the national development agency for creativity and culture. 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 ....more
    Wolfson Foundation - Grant to Southbank Centre
    £225,000 09/12/2020
    WF Covid-19 Support Fund
    Paul Hamlyn Foundation - (B)old: Arts for Dementia
    £55,000 16/03/2020
    (B)old was piloted in 2019, offering courses to people suffering from dementia. Through this grant, they will test out new art forms (singing and comedy improvisation); build better evaluation ....more
    The Charity of Sir Richard Whittington - Grant to Southbank Centre
    £100,000 26/06/2019
    24
    Reducing loneliness in Lambeth’s over 65s via exciting regular arts opportunities at our world-class venue, sharing our learnings to improve the wider sector’s evidence base.
    The Baring Foundation - Grant to Southbank Centre
    £10,000 25/06/2019
    (B)old Vision: engaging those living with Dementia through new weekly_x000D_ participatory art workshops at Southbank Centre
    Greater London Authority - Southbank Undercroft Transformation Project
    £700,000 30/08/2018
    To deliver the restoration and improvements of Southbank Centre skate space and the creation of an education headquarters at Southbank Centre
    London Marathon Charitable Trust - Southbank Undercroft Transformation Project
    £200,000 18/07/2018
    Towards the expansion of the internationally renowned Queen Elizabeth Hall Undercroft on the Southbank and the delivery of skate schools which will attract more children and young people of all ....more
    Sport England - Improve and expand existing skate park
    £100,000 03/04/2018
    16
    Funding under Sport England's Community Asset Fund funding programme for a Capital project titled Improve and expand existing skate park. This project lists its main activity as Multi Sports
    Wolfson Foundation - Grant to Southbank Centre
    £150,000 16/06/2017
    Hayward Gallery roof refurbishment
    The Baring Foundation - Grant to Southbank Centre
    £100,000 09/02/2017
    For a creative ageing festival in 2018
    Esmee Fairbairn - Grant to Southbank Centre
    £60,000 23/01/2017
    12
    Towards the WOW (Women of the World) and BAM (Being a Man) festivals in 2017, which explore issues related to gender equality and identity.
    Spirit of 2012 - Women of the World (WOW)
    £722,708 13/01/2016
    Celebrating women & girls, bringing them together to develop 9 local Women of the World festivals in Bradford, Exeter, Perth, Norwich & Cardiff (2016-2018). Final amount of grant dispersed ....more
    Esmee Fairbairn - Grant to Southbank Centre
    £15,000 13/10/2015
    6
    Towards core costs of the BAM (Being A Man) Festival 2015.
    Esmee Fairbairn - Grant to Southbank Centre
    £15,000 05/02/2015
    6
    Towards core cost of the WOW Festival (Women of the World) 2015.
    National Lottery Heritage Fund - Grant to Southbank Centre
    £4,990,800 22/07/2014
    Saving Southbank Centre's 60's Buildings
    Esmee Fairbairn - Grant to Southbank Centre
    £69,763 16/07/2014
    Towards the costs of developing a new touring model working in partnership with regional arts organisations.
    City Bridge Trust - Grant to Southbank Centre
    £4,000 16/07/2014
    £4,000 to match CEP funding towards the wage costs of 2 Apprentices for 1 year.
    Esmee Fairbairn - Grant to Southbank Centre
    £220,000 25/09/2008
    12
    Towards Project costs Towards a portfolio of five new musical works specifically designed for children; to commission a performance for a children's audience of great, existing classical music with ....more
    Show more rows

    Data sourced from Donors via 360 Giving

    How is it governed?

    Trustees (1)

    • SOUTHBANK CENTRE LIMITED
    Legal constitution
    • Charity registered in England & Wales on 06/05/1988, number: 298909
    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
    • 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; AR04: 1 days late,
    Main office

    SOUTHBANK CENTRE
    BELVEDERE ROAD
    LONDON
    SE1 8XX

    Objectives

    1. THE PROMOTION OF THE ARTS FOR THE GENERAL BENEFIT OF THE PUBLIC AND IN PARTICULAR THE MAINTENANCE AND DEVELOPMENT OF THE SOUTH BANK ESTATE AS A CENTRE FOR THE ARTS FOR THE BENEFIT OF THE PEOPLE IN GREAT BRITAIN IN GENERAL AND OF LONDON IN PARTICULAR. 2. THE DEVELOPMENT AND IMPROVEMENT OF THE KNOWLEDGE, UNDERSTANDING AND PRACTICE OF THE ARTS AT THE SOUTH BANK ESTATE OR ANY PART OF IT. 3. THE PROVISION AND SUPPORT OF SUCH CULTURAL ACTIVITIES RELATED TO THE ARTS AS THE TRUSTEES CONSIDER DESIRABLE AT THE SOUTH BANK ESTATE OR ANY PART OF IT.

    Defined Area of Benefit:

    GREAT BRITAIN

    Data Sources

    Charity Commission for England and Wales
    360 Giving
    CharityBase
    Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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