Finance Score: -2

Governance Score: 6

Support Score: 10

Excess reserves: -2

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

Overall weighted support: +10

Overall GiG Score: 14

FACT LIVERPOOL

FACT provides a range of activities including an exhibition programme including installations, screenings, etc by artists working with digital and visual arts media; a collaboration programme working with local communities; a range of moving image and new media resource services that support the arts sector; education and training initiatives for a range of audiences; and a research programme.

Analysis by Giving is Great

Positives:

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 dynamic in terms of composition

Regulatory & Governance issues to consider:

Over half the Board have joined recently

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £4,204,381 available, equivalent to 25 months of spending and so may not be able to utilise additional funding

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£1,955	£2,055	£-100	£324	£4,204	£4,204	24.5	44	0
31/03/22		£2,024	£1,406	£618	£277	£4,305	£4,305	36.7	43	0
31/03/21		£1,708	£1,623	£85	£237	£3,951	£382	2.8	38	3
31/03/20		£1,710	£1,751	£-42	£154	£3,913	£249	1.7	28	20
31/03/19		£2,723	£2,743	£-20	£229	£3,955	£195	0.9	33	123
31/03/18		£2,094	£2,179	£-85	£172	£3,974	£120	0.7	33	0
31/03/17		£1,884	£1,914	£-30	£177	£4,060	£110	0.7	31	0
31/03/16		£1,990	£2,146	£-155	£123	£4,090	£33	0.2	33	0
31/03/15		£2,168	£2,291	£-124	£136	£4,080	£72	0.4	36	0
31/03/14		£2,374	£2,447	£-73	£97	£4,203	£34	0.2	44	0
31/03/13		£2,168	£2,300	£-132	£119	£4,277	£19	0.1	48	0
31/03/12	*	£2,748	£2,588	£160	£136	£4,408	£7	0	48	0
31/03/11		£2,301	£2,326	£-25	£212	£4,248	£-73	-0.4	48	0
31/03/10	*	£2,642	£3,141	£-499	£383	£4,273	£-226	-0.9	67	0
31/03/09		£2,506	£2,578	£-73	£453	£4,772	£226	1.1	55	0
31/03/08		£2,292	£2,412	£-120	£59	£4,991	£200	1	45	0
31/03/07	*	£2,374	£2,171	£203	£96	£5,111	£199	1.1	45	0
31/03/06	*	£1,731	£1,670	£60	n/a	n/a	n/a	n/a	n/a	n/a
31/03/05	*	£1,649	£1,622	£28	n/a	n/a	n/a	n/a	n/a	n/a
31/03/04	*	£1,532	£1,630	£-98	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 16.6%
Fundraising Costs/Total Spending: 15.8%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 11%
Liabilities/Income: 26%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 24.5 months
Net Current Assets/Spending: 4 months
Quick Ratio: 1.6

Asset Split ?

Balance Sheet History

Established: 35 years

www.fact.co.uk

info@fact.co.uk

01517074400

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training

GiG Classification

Performing and visual arts

How it operates

Provides buildings/facilities/open space
Provides services

Where it operates

Knowsley, Liverpool City, Manchester City, Sefton, St Helens, Wirral,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
Other Defined Groups
People Of A Particular Ethnic Or Racial Origin
People With Disabilities
The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

DCMS	£1,111,703
John Ellerman Foundation	£117,000
The Foyle Foundation	£60,000
Paul Hamlyn Foundation	£20,000

Specific Donations

Amount	When Months	To be used for
Fenton Arts Trust - Beneficiaries 2022 – 2023
£5,000	31/03/2023	FACT Together 2022 is an online, digital residency and commissioning programme, supporting early-career artists in the North of England
The Foyle Foundation - Arts
£60,000	07/02/2023	towards creating Studio/Lab, digital production studios and workspace for talent development, research and learning
John Ellerman Foundation - Curator in Residence fees, Research Curator fees, Curatorial Intern salaries, overheads (FACT staff time) and project costs (travel, accommodation, research).
£117,000	26/05/2022	Curator in Residence fees, Research Curator fees, Curatorial Intern salaries, overheads (FACT staff time) and project costs (travel, accommodation, research).
Paul Hamlyn Foundation - Covid-19 Emergency Funding
£20,000	28/04/2021	FACT is the UK's leading organisation for the support and exhibition of art and film that embraces new technology and explores digital culture. They believe in enriching lives and shaping the future through film, art and creative technology. This ....more FACT is the UK's leading organisation for the support and exhibition of art and film that embraces new technology and explores digital culture. They believe in enriching lives and shaping the future through film, art and creative technology. This grant provides core support to aid the organisation in dealing with the challenges posed by Covid-19.
DCMS - FACT NPO
£1,024,418	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 us is valued and given the chance to flourish and ....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 - Celebrating Age Loneliness Projects
£28,928	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 us is valued and given the chance to flourish and ....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 - FACT Liverpool - Culture Recovery Fund
£58,357	01/04/2020	To support Arts and Culture throughout England
The Baring Foundation - Grant to FACT (Foundation for Art & Creative Technology)
£12,155	16/10/2019	'Ageing, Art & Digital: From Engagement to Empowerment' is a conference and workshops presented by FACT and 64 Million Artists, at FACT
National Lottery Heritage Fund - Grant to FACT (Foundation for Art & Creative Technology)
£10,000	26/09/2019	Why can't we do this IRL?
Paul Hamlyn Foundation - Resolution
£149,000	05/07/2018 32	This programme will develop FACT’s work within prisons in Liverpool. It aims to widen and deepen cultural engagement and change attitudes within the criminal justice system. Led by artists, it will produce a series of collaborative projects with ....more This programme will develop FACT’s work within prisons in Liverpool. It aims to widen and deepen cultural engagement and change attitudes within the criminal justice system. Led by artists, it will produce a series of collaborative projects with people with experience of the criminal justice system, share the resulting artworks within prisons and in FACT’s public programmes, and evaluate the impact of the programme.
National Lottery Community Fund - Digitally Ageing
£9,540	24/05/2017 12	The funding will be used to recruit and train older people as ‘digital ambassadors’ as well as workshop leaders who will run peer led training for older people in residential care older people. The project aims to reduce loneliness by allowing ....more The funding will be used to recruit and train older people as ‘digital ambassadors’ as well as workshop leaders who will run peer led training for older people in residential care older people. The project aims to reduce loneliness by allowing older people to access services online and maintain communication with friends and family.
National Lottery Heritage Fund - Grant to Foundation for Art & Creative Technology (FACT)
£56,900	22/01/2015	Tagging Community Heritage: an alternative digital heritage trail of Liverpool's communities

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)

Current Trustees appointed

Age Range of Trustees: 31-78

BEA FREEMAN Appointed: 2022, Occupation: Film Producer

KATIE MOFFAT (Chair) Appointed: 2024, Occupation: Business Development

MALEKA EGEONU-ROBY Appointed: 2022, Occupation: Social Worker

MX CHLOE COURTNEY Appointed: 2022, Occupation: Arts Producer

RUTH ELIZABETH CATLOW Appointed: 2022, Occupation: Artistic Director

SHERALEE LOCKHART Appointed: 2019, Occupation: Business Development Consultant

THOMAS JAMES HARRIS Appointed: 2024, Occupation: Financial Director

Legal constitution

Charitable company registered in England & Wales on 16/05/1990, number: 702781
Registered at Companies House on 02/06/1989, number: 02391543

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
Volunteer management

Filing Record

20 returns made; AR12: 0 days late, AR10: 5 days late, AR07: 1 days late, AR06: 0 days late, AR05: 15 days late, AR04: 1 days late,

Main office

FACT Liverpool
88 Wood Street
LIVERPOOL
L1 4DQ

Objectives

To promote the arts and creative technology and to advance the education in this field for the benefit of the public.

Defined Area of Benefit:

MERSEYSIDE AND NEIGHBOURHOOD

Data Sources

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