Overall GiG Score: 21 ?
Finance Score: 1
Governance Score: 8
Support Score: 12
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +12

THE LOWRY CENTRE TRUST 

The encouragement of the arts and the promotion of arts education by presenting a diverse, wide-ranging programme of events, exhibitions and activities
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
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • There are 19 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • Liquidity appeared to be in excess of CC guidelines at the latest year end but spending has been increasing rapidly
  • On several occasions in recent years income has been less than spending
Established: 28 years

www.thelowry.com

info@thelowry.com

01618762023

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?

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£35,075£30,738£4,338£99£51,235£50,48719.7282300
31/03/22£18,480£20,892£-2,412£5,927£46,898£46,10726.5305284
31/03/21£12,028£11,668£360£4,762£49,455£48,20449.6387295
31/03/20£24,274£26,012£-1,738£6,904£49,145£48,11922.2343293
31/03/19£22,684£24,309£-1,625£6,573£50,883£50,10524.7325284
31/03/18£21,624£23,155£-1,531£5,867£52,508£52,33327.13240
31/03/17£20,270£22,140£-1,870£40£54,039£53,90829.22060
31/03/16£24,747£22,707£2,040£329£55,909£55,68329.42030
31/03/15£20,852£20,890£-38£4,894£53,869£51,86629.81960
31/03/14£904£2,284£-1,380£4,680£53,852£-1,160-6.11890
31/03/13£818£1,081£-262£4,449£53,706£-1,454-16.11790
31/03/12*£775£2,501£-1,726£4,351£57,058£5552.71720
31/03/11£1,043£2,671£-1,629£4,368£60,584£-833-3.71870
31/03/10£827£3,704£-2,876£3,831£62,291£-1,023-3.31760
31/03/09£521£1,577£-1,056£3,847£65,071£-1,286-9.81730
31/03/08£1,013£5,331£-4,318£3,459£68,991£-762-1.71770
31/03/07£836£1,040£-204£3,708£73,577£3634.21730
31/03/06£2,576£5,438£-2,862£0£0£0n/a00
31/03/05*£1,331£1,686£-355£0£0£0n/a00
31/03/04*£2,553£661£1,892£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0.4%
Fundraising Costs/Total Spending: 0.3%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £200,000-£250,000
Liabilities/Assets: 23%
Liabilities/Income: 44%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 19.7 months
Net Current Assets/Spending: 3 months
Quick Ratio: 1.5
Asset Split ?
What it does
  • Arts/Culture/Heritage/Science
  • Education/Training
Who works here?
  • 282 employees
  • 300 volunteers
Who it helps
  • The General Public/Mankind
How it operates
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Bolton, Bury, Manchester City, Oldham, Rochdale, Salford City, Stockport, Tameside, Trafford, Wigan,

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£3,875,824
Garfield Weston Foundation£384,500
Esmee Fairbairn£101,950
Wolfson Foundation£100,000
Specific Donations
Amount When
Months
To be used for
Esmee Fairbairn - Grant to The Lowry Centre Trust Ltd
£60,000 14/07/2020
12
Towards a collaborative scheme in response to Covid 19, to support artists in the North West through online development opportunities
Wolfson Foundation - Grant to The Lowry Centre Trust
£100,000 08/06/2023
Seating replacement in the Lyric, Quays and studio performance spaces
National Lottery Community Fund - Arts for Social Change
£10,000 11/11/2022
The funding will be used to cover the core delivery costs to deliver their weekly creative workshops for vulnerable young people. The project aims to support them to develop key skills boost ....more
Garfield Weston Foundation - Main Grants award
£50,000 24/06/2022
Arts for Social Change At The Lowry
Esmee Fairbairn - Grant to The Lowry Centre Trust
£30,000 23/06/2021
Towards core costs from the Reinvent Performing Arts Fund
Garfield Weston Foundation - WCF award - COVID19 response
£304,500 05/02/2021
Weston Culture Fund
BBC Children in Need - Grant to The Lowry Centre Trust
£30,000 17/12/2020
This project will deliver artistic and employment workshops for looked after children, young carers, or young people with complex home lives. It will improve their engagement with education, emotion ....more
Esmee Fairbairn - Grant to The Lowry Centre Trust Ltd
£11,950 05/05/2020
6
towards unrestricted costs as a COVID-19 Fast Response grant
DCMS - National portfolio organisation 2018 - 2022
£875,824 01/04/2020
The wider aim of the scheme is: 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 ....more
DCMS - The Lowry Centre Trust
£3,000,000 01/04/2020
To support Arts and Culture throughout England
Garfield Weston Foundation - Main Grants award
£30,000 03/09/2019
Art for Social Change: Mission Funding
Esmee Fairbairn - Grant to The Lowry Centre Trust Ltd
£71,700 16/05/2018
36
Towards a new arts project working with young people experiencing homelessness.
National Lottery Community Fund - The Lowry Centre Trust
£466,444 04/10/2017
48
This project will use arts activities to reduce isolation and increase the confidence, skills, ambitions and qualifications of vulnerable young people aged 12-22 in Salford who are not in education, ....more
Andrew Lloyd Webber Foundation - Grant to The Lowry Centre Trust
£25,000 20/10/2015
The Studio Artist Development Programme
Esmee Fairbairn - Grant to The Lowry Centre Trust Ltd
£75,000 16/07/2014
Towards a programme of support for emerging theatre artists and companies in the North West.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (19)
Current Trustees appointed
Gender Split
Based on 16/19 persons

Age Range of Trustees: 22-76
  • ANDREW WYLIE Appointed: 2023, Occupation: Structural Engineer
  • DANIEL KASMIR Appointed: 2022, Occupation: Chief People And Procurement Officer
  • JAIDEN CORFIELD Appointed: 2023, Occupation: Managing Director, Consultant & Programme Manager
Legal constitution
  • Charitable company registered in England & Wales on 22/03/1996, number: 1053962
  • Registered at Companies House on 04/03/1996, number: 03168108
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
  • 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; AR12: 58 days late, AR05: 1 days late, AR04: 34 days late,
Main office

The Lowry
Pier
8 The Quays
Salford
M50 3AZ

Objectives

TO PROMOTE THE ADVANCEMENT OF EDUCATION AND IN PARTICULAR BUT NOT EXCLUSIVELY TO FOSTER AND PROMOTE THE IMPROVEMENT DEVELOPMENT AND MAINTENANCE OF ARTISTIC KNOWLEDGE AND UNDERSTANDING AND APPRECIATION OF THE ARTS.

Defined Area of Benefit:

GREAT BRITAIN IN PARTICULAR SALFORD

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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