Finance Score: 1

Governance Score: 9

Support Score: 4

Liabilities <10%: +3
Multiple Deficits: -2

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

Grant maker support: +4

Overall GiG Score: 14

IKON GALLERY LIMITED

Organise and present exhibitions of contemporary art and artists' projects in the gallery and off-site.Organise and present a range of education activities and projects for the public in the galleries and off site in conjunction with other partners.Operate a bookshop focusing on arts publications and cafe for visitors to the gallery.Produce a range of publications for sale to the public.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
Spending has increased over the last 3 years relative to the previous period
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 and dynamic in terms of composition

Regulatory & Governance issues to consider:

Over half the Board have joined recently

Financial issues to consider:

On several occasions in recent years income has been less than spending

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		£2,143	£2,296	£-153	£326	£4,503	£1,284	6.7	24
31/03/22		£1,832	£1,987	£-155	£261	£4,686	£1,339	8.1	24
31/03/21		£1,713	£1,342	£371	£184	£4,799	£1,190	10.6	22
31/03/20		£1,893	£1,764	£129	£186	£4,332	£648	4.4	24
31/03/19		£1,649	£1,725	£-76	£100	£4,244	£741	5.2	24
31/03/18		£1,590	£1,735	£-145	£93	£4,320	£684	4.7	22
31/03/17		£1,407	£1,770	£-363	£143	£4,463	£657	4.5	23
31/03/16		£2,137	£1,829	£307	£348	£4,749	£577	3.8	23
31/03/15		£1,523	£1,895	£-372	£282	£4,442	£-15	-0.1	26
31/03/14	*	£1,699	£1,681	£19	£332	£4,814	£20	0.1	20
31/03/13	*	£2,315	£1,804	£511	£442	£4,795	£0	0	20
31/03/12	*	£1,841	£1,966	£-125	£549	£4,284	£-51	-0.3	25
31/03/11	*	£2,083	£2,365	£-282	£689	£4,408	£-46	-0.2	25
31/03/10		£2,083	£2,225	£-141	£555	£4,544	£-31	-0.2	38
31/03/09		£1,920	£2,052	£-132	£375	£4,686	£-9	-0.1	27
31/03/08		£1,702	£1,903	£-201	£398	£4,818	£2	0	25
31/03/07		£1,764	£1,813	£-49	£298	£5,019	£83	0.5	25
31/03/06		£1,524	£1,483	£42	£0	£0	£0	n/a	0
31/03/05		£1,398	£1,557	£-159	£0	£0	£0	n/a	0
31/03/04		£1,203	£1,279	£-76	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 19.6%
Fundraising Costs/Total Spending: 14.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 7%
Liabilities/Income: 15%
Unrestricted Funds/Total Funds: 29%
Reserves/Spending: 6.7 months
Net Current Assets/Spending: 4 months
Quick Ratio: 1.6

Asset Split ?

Established: 57 years

www.ikon-gallery.org

01212480708

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training

GiG Classification

Museums, parks, historical sites

How it operates

Provides buildings/facilities/open space

Where it operates

Throughout England,

Who it helps

Children/Young People
The General Public/Mankind

Who works here?

24 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
Daiwa Anglo-Japanese Foundation - Grant to Ikon Gallery
£3,250	20/05/2022	Travel Support and contribution to the catalogue accompanying the first major solo exhibition of work by a Japanese Ainu artist and musician, comprising video, installation and sculptural work which ....more Travel Support and contribution to the catalogue accompanying the first major solo exhibition of work by a Japanese Ainu artist and musician, comprising video, installation and sculptural work which will convey aspects of everyday life of her community, 9 September to 13 November 2022.
DCMS - Ikon Gallery 2018 - 2022
£1,028,307	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 - Cultural Capital Kickstart Fund
£107,657	01/04/2020	To support Arts and Culture throughout England
DCMS - Ikon Gallery
£129,473	01/04/2020	To support Arts and Culture throughout England
Birmingham City Council - Ikon Gallery
£60,000	01/04/2016	IKON GALLERY; Arts and culture;

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)

Current Trustees appointed

Gender Split

Based on 9/11 persons

Age Range of Trustees: 35-67

LEE BROKLEHURST Appointed: 2022

HARMINDER RANDHAWA Appointed: 2019, Occupation: Accountant

JAMES LEO Appointed: 2023, Occupation: Solicitor

LIAM SMYTH Appointed: 2022, Occupation: Consultant

SAMUEL JONES Appointed: 2023, Occupation: Museums And Galleries

SANDEEP SHAMBI Appointed: 2023, Occupation: Architect

NICK SMITH Appointed: 2018, Occupation: Ceo

COUNCILLOR JAYNE FRANCIS Appointed: 2022, Occupation: Birmingham City Council Cabinet Member, Other trusteeships: BIRMINGHAM REPERTORY THEATRE LIMITED, THE WEST MIDLANDS ARTS TRUST LTD,

JOHN CLAUGHTON Appointed: 2015, Occupation: Teacher, Other trusteeship: THE REAL LIFE 4 ME TRUST,

PROFESSOR HELEN ELISABETH HIGSON OBE DL (Chair) Appointed: 2013, Occupation: University Professor, Other trusteeship: THE WARDEN AND SCHOLARS OF ST MARY COLLEGE OF WINCHESTER,

RACHEL CHIU Appointed: 2019, Occupation: Head Of Business Development, Other trusteeships: BIRMINGHAM CHINESE YOUTH CENTRE, SIR JOSIAH MASON TRUST,

Legal constitution

Charitable company registered in England & Wales on 31/07/1967, number: 528892
Registered at Companies House on 29/03/1967, number: 00902136

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 handling
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
Investment
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

Filing Record

20 returns made; AR14: 1 days late, AR13: 8 days late, AR12: 1 days late, AR11: 12 days late,

Main office

IKON GALLERY
1 OOZELLS SQUARE
BIRMINGHAM
B1 2HS

Objectives

THE ADVANCEMENT OF EDUCATION IN THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND IN PARTICULAR IN THE CITY OF BIRMINGHAM AND THE CITIES AND BOROUGHS OF THE WEST MIDLANDS, BY ENCOURAGING THE PRACTICE AND DISSEMINATING KNOWLEDGE OF THE ARTS IN GENERAL BUT WITH PARTICULAR REGARD TO CONTEMPORARY PAINTING, SCULPTURE, AND OTHER VISUAL ARTS

Defined Area of Benefit:

SEE OBJECTS

Data Sources