Finance Score: -6

Governance Score: 6

Support Score: 9

Poor Liquidity: -1
Pension deficit: -1
Reasonable growth: +1
Fundraising costs high: -5

Good trustee age range: +3
Gender balanced board: +3

Grant maker support: +9

Overall GiG Score: 9

MUSEUM OF MODERN ART LIMITED

Modern Art Oxford was established as the Museum of Modern Art to present exhibitions of modern and contemporary visual art including paintings, drawings, prints, sculptures, design, photographs, video, film and works of art of any other media and to advance the education of the general public in the visual arts.

Analysis by Giving is Great

Positives:

There has been reasonable growth in spending over the last 3 years relative to the previous period
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 and gender

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
There is a pension deficit of £629,283
Fundraising costs are extremely high relative to funds raised

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		£2,327	£2,537	£-209	£678	£1,178	£57	0.3	30	67
31/03/22		£1,802	£1,714	£88	£437	£1,388	£716	5	29	20
31/03/21		£1,747	£1,442	£305	£377	£1,300	£139	1.2	28	54
31/03/20		£1,612	£1,697	£-85	£465	£995	£-118	-0.8	25	132
31/03/19		£2,036	£1,559	£477	£407	£1,080	£-283	-2.2	25	143
31/03/18		£1,564	£1,477	£87	£375	£603	£-351	-2.9	26	0
31/03/17		£1,887	£1,767	£120	£230	£516	£-354	-2.4	26	0
31/03/16	*	£2,028	£1,985	£43	£230	£396	£-453	-2.7	24	0
31/03/15	*	£1,859	£1,823	£36	£211	£1,104	£141	0.9	26	0
31/03/14		£1,393	£1,405	£-13	£177	£1,068	£119	1	27	0
31/03/13		£1,816	£2,011	£-195	£291	£1,146	£-236	-1.4	22	0
31/03/12		£1,386	£1,748	£-363	£264	£1,322	£-97	-0.7	29	0
31/03/11		£1,928	£1,864	£64	£281	£1,687	£5	0	30	0
31/03/10		£1,882	£1,591	£291	£76	£1,605	£31	0.2	36	0
31/03/09		£1,718	£1,710	£9	£79	£1,240	£20	0.1	39	0
31/03/08		£1,541	£1,526	£16	£196	£1,287	£-52	-0.4	37	0
31/03/07		£1,390	£1,393	£-3	£203	£1,283	£-19	-0.2	36	0
31/03/06		£1,224	£1,275	£-51	£0	£0	£0	n/a	0	0
31/03/05		£1,127	£1,120	£8	£0	£0	£0	n/a	0	0
31/03/04	*	£955	£958	£-3	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 6777240%
Fundraising Costs/Total Spending: 26.7%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 11%
Liabilities/Income: 9%
Unrestricted Funds/Total Funds: 5%
Reserves/Spending: 0.3 months
Net Current Assets/Spending: 3 months
Quick Ratio: 0.2

Asset Split ?

Established: 57 years

www.modernartoxford.org.uk

info@modernartoxford.org.uk

01865722733

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science

GiG Classification

Performing and visual arts

How it operates

Provides buildings/facilities/open space
Provides services
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

The General Public/Mankind

Who works here?

30 employees
67 volunteers

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	£1,044,766
Wolfson Foundation	£250,000
CHK Foundation	£40,000
Fenton Arts Trust	£2,000

Specific Donations

Amount	When Months	To be used for
Wolfson Foundation - Grant to Modern Art Oxford
£250,000	06/12/2023	New gallery and learning spaces
CHK Foundation - CHK Discretionary Grant
£10,000	06/09/2022	to further the charitable objects
Fenton Arts Trust - Grant to Modern Art Oxford
£2,000	01/07/2021	Platform Graduate Award - Professional development for emerging artists, with exhibition and accompanying public events at Modern Art Oxford.
DCMS - National Portfolio Organisation 2018 - 22
£908,766	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 - Modern Art Oxford
£91,000	01/04/2020	To support Arts and Culture throughout England
DCMS - Culture Recovery Fund Grant Round 2
£45,000	01/04/2020	To support Arts and Culture throughout England
CHK Foundation - CHK Discretionary Grant
£30,000	16/12/2019	to support specified work
Oxford City Council - Grant to Modern Art Oxford
£70,000	21/12/2018	Funding awarded to cover rent charges to the Council
Oxford City Council - Grant to Modern Art Oxford
£70,000	13/02/2018	Funding awarded to cover rent charges to the Council
Staples Trust - Core costs
£5,000	23/11/2017	Towards core costs.
Garfield Weston Foundation - Main Grants award
£10,000	18/07/2017	Creative Learning at Modern Art Oxford
Oxford City Council - Grant to Modern Art Oxford
£70,000	09/02/2017	No payments are made directly to Modern Art Oxford but instead an internal transfer is done to cover the cost of rent charges for the premises occupied at 30 Pembroke Street, Oxford
Staples Trust - Core costs
£4,000	18/03/2015	Towards core costs.
National Lottery Community Fund - Lost in Time and Space (LITAS)
£10,000	01/09/2011 12	This is a project by an incorporated charity based in Oxford. They will us the funding the run an intergenerational arts based project for NEET young people and older people with dementia. The young ....more This is a project by an incorporated charity based in Oxford. They will us the funding the run an intergenerational arts based project for NEET young people and older people with dementia. The young people will create a display based on the older people's memories. This will bring these groups together in an inclusive activity to promote understanding and reduce isolation.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)

Current Trustees appointed

Gender Split

Age Range of Trustees: 40-67

CHRISTINA CREE Appointed: 2023, Occupation: Solicitor

JENNY GARCIA Appointed: 2023, Occupation: Company Director

LADY BEATRICE MARIE FRANCOISE LUPTON Appointed: 2020, Occupation: Director

ANNA YANG Appointed: 2016, Occupation: Lawyer

ELIZABETH MCCARTHY Appointed: 2020, Occupation: Head Of Campaigns And Digital Communications

HEIDI BARAVALLE Appointed: 2014, Occupation: None

PATRICK DUNCAN HOLMES Appointed: 2016, Occupation: Solicitor

ANTONY PERRING Appointed: 2019, Occupation: Finance Director, Other trusteeship: LEON FOUNDATION,

Legal constitution

Charitable company registered in England & Wales on 05/06/1967, number: 313035
Registered at Companies House on 12/01/1966, number: 00868757

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

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
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, AR15: 7 days late, AR04: 1 days late,

Main office

Modern Art Oxford
30 Pembroke Street
OXFORD
OX1 1BP

Objectives

1. FOR ADVANCEMENT OF EDUCATION OF GENERAL PUBLIC IN MODERN VISUAL ART. 2. TO ESTABLISH AND MAINTAIN A MUSEUM OF THE PUBLIC EXHIBITION OF ANY COLLECTION OR EXHIBITION OF MODERN VISUAL ART INCLUDING PAINTINGS. DRAWINGS, PRINTS DESIGN OBJECTS, PHOTOS, FILMS ETC. 3. OTHER LAWFUL ACTIVITIES FOR FURTHERANCE OF THESE OBJECTS.

Defined Area of Benefit:

NOT DEFINED.

Data Sources