Finance Score: -1

Governance Score: 8

Support Score: 14

Liabilities <10%: +3
Excess reserves: -2
Large legacies income: +1
Strong growth: +2
Volatile income
spending growth: -1
Fundraising costs high: -4

12+ Trustees: -1
Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Grant maker support: +14

Overall GiG Score: 21

STUDIO VOLTAIRE

STUDIO VOLTAIRE IS A LEADING INDEPENDENT CONTEMPORARY ARTS ORGANISATION THAT EXISTS TO SUPPORT ARTISTIC PRACTICES AND CREATE A SPACE FOR THINKING, EXPERIMENTATION AND REFLECTION; ITS MAIN ACTIVITIES ARE THE PROVISION OF AFFORDABLE STUDIOS, A RENOWNED PROGRAMME OF EXHIBITIONS, PERFORMANCES AND COMMISSIONS, AND A PIONEERING EDUCATION PROGRAMME.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
This charity has received considerable income from legacies in recent years
There has been strong growth in spending over the last 5 years
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 and dynamic in terms of composition

Regulatory & Governance issues to consider:

There are 13 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £2,944,533 available, equivalent to 25 months of spending and so may not be able to utilise additional funding
Income has been volatile recently but spending has been maintained
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		£1,278	£1,437	£-158	£256	£3,103	£2,945	24.6	22	0
31/03/22		£1,687	£1,272	£414	£109	£3,262	£129	1.2	15	0
31/03/21		£2,278	£764	£1,513	£112	£2,847	£254	4	13	12
31/03/20		£1,801	£917	£884	£260	£1,334	£5	0.1	12	0
31/03/19		£941	£633	£308	£120	£450	£111	2.1	11	0
31/03/18		£583	£586	£-2	£116	£142	£60	1.2	8	0
31/03/17		£995	£901	£94	£414	£144	£90	1.2	5	0
31/03/16	*	£578	£646	£-68	£212	£50	£-141	-2.6	5	0
01/04/15		£676	£634	£42	£235	£118	£5	0.1	5	0
31/03/14		£426	£426	£0	£0	£0	£0	n/a	0	0
31/03/13		£421	£493	£-72	£0	£0	£0	n/a	0	0
31/03/12		£333	£295	£38	£0	£0	£0	n/a	0	0
31/03/11?		£416	£354	£62	£0	£0	£0	n/a	0	0
31/12/09		£202	£191	£12	£0	£0	£0	n/a	0	0
31/12/08		£193	£215	£-21	£0	£0	£0	n/a	0	0
31/12/07		£225	£242	£-16	£0	£0	£0	n/a	0	0
31/12/06	*	£190	£174	£16	£0	£0	£0	n/a	0	0
31/12/05		£136	£133	£3	£0	£0	£0	n/a	0	0
31/12/04		£118	£103	£14	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 41.9%
Fundraising Costs/Total Spending: 17.8%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 7%
Liabilities/Income: 20%
Unrestricted Funds/Total Funds: 95%
Reserves/Spending: 24.6 months
Net Current Assets/Spending: 3 months
Quick Ratio: 1.3

Asset Split ?

Established: 24 years
(26 years as a company)

www.studiovoltaire.org

info@studiovoltaire.org

07854985488

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training

GiG Classification

Performing and visual arts

How it operates

Other charitable activities
Provides buildings/facilities/open space
Provides human resources
Provides services

Where it operates

Lambeth,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
People With Disabilities
The General Public/Mankind

Who works here?

22 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.

Major supporters in last 5 years

DCMS	£801,780
Paul Hamlyn Foundation	£296,000
Wolfson Foundation	£252,000
City Bridge Trust	£100,000
The Foyle Foundation	£80,000
Garfield Weston Foundation	£50,000

Specific Donations

Amount	When Months	To be used for
Paul Hamlyn Foundation - Support for four-year civic programme
£219,000	27/11/2023	Studio Voltaire (SV) is a contemporary arts organisation based in Clapham. This grant will provide support for its four-year civic programming, including the development of a Programme Advisory Group ....more Studio Voltaire (SV) is a contemporary arts organisation based in Clapham. This grant will provide support for its four-year civic programming, including the development of a Programme Advisory Group of local community members to critically engage and reflect on SV's work, and a national programme of research and creative participation with, by and for young trans people.
The Foyle Foundation - Arts
£30,000	28/04/2023	towards running costs over the next 12 months
Wolfson Foundation - Grant to Studio Voltaire
£50,000	07/12/2022	Installation of solar panels, roof lights and dimmable lighting controls
DCMS - ALB-Historic England-Everyday Heritage: Unearthed: Collective Histories
£13,000	12/08/2022	Radical Histories is a new year-long community participation programme exploring previously ignored and underrepresented working-class histories of Lambeth.
DCMS - Culture Recovery Fund: Continuity Support
£149,730	22/10/2021	To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further ....more To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further funding in order to be able to operate on a viable and sustainable basis by 31 March 2022.
Garfield Weston Foundation - Main Grants award
£50,000	21/05/2021	The Studio Voltaire Capital Project
Wolfson Foundation - Grant to Studio Voltaire
£65,000	09/12/2020	WF Covid-19 Support Fund
Paul Hamlyn Foundation - COVID19 Emergency Funding
£20,000	07/05/2020 3	Support to aid the organisation in dealing with the challenges posed by COVID19.
DCMS - Studio Voltaire
£68,313	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 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 the chance to flourish and where everyone of us has access to a remarkable range of high quality cultural experiences. Between 2018 and 2022, we will invest £1.45 billion of public money from government and an estimated £860 million from the National Lottery to help deliver this vision.
DCMS - Studio Voltaire
£247,391	01/04/2020	To support Arts and Culture throughout England
DCMS - Cultural Capital Kickstart Fund
£195,660	01/04/2020	To support Arts and Culture throughout England
DCMS - Studio Voltaire
£127,686	01/04/2020	To support Arts and Culture throughout England
City Bridge Trust - Grant to Clapham Arts Association/Studio Voltaire Ltd
£100,000	12/11/2019	£100,000 towards the costs of making the premises more accessible for disabled people.
The Foyle Foundation - Arts
£50,000	20/09/2019	towards capital works to expand and redevelop the site
Wolfson Foundation - Grant to Studio Voltaire
£137,000	13/06/2019	Refurbishment and expansion
Paul Hamlyn Foundation - Desperate Living: Widening participation and co-producing programme
£57,000	13/05/2019 24	To explore how co-production can support local LGTBQ+ residents to develop confidence and creative skills to produce participatory activities for the LGBTQ+ community and wider public.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)

Current Trustees appointed

Gender Split

Based on 12/13 persons

Age Range of Trustees: 36-80

PRIYESH MISTRY Appointed: 2022, Occupation: Curator

AMALIA PICA Appointed: 2022, Occupation: Artist

SELINA JONES Appointed: 2022, Occupation: Partner, Communications Agency

AMANDA HALL Appointed: 2023, Occupation: Consultant, Other trusteeship: ANIMAL RESCUE CUMBRIA (THE WAINWRIGHT SHELTER) CIO,

ELIZABETH PRICE Appointed: 2019, Occupation: Artist

FRED MANSON Appointed: 2015, Occupation: Architect

JEREMY SCHOLAR Appointed: 2017, Occupation: Independent Real Estate Professional

JOANNA DUNNETT Appointed: 2019, Occupation: Capital Projects And Arts Consultant

MICHAEL IAN JAMES LININGTON Appointed: 2018, Occupation: Head Of Major Gifts

PAUL RAKKAR Appointed: 2019, Occupation: Chief Financial Officer

VICTORIA SIDDALL (Chair) Appointed: 2011, Occupation: Head Of Development

ELLIS WOODMAN Appointed: 2017, Occupation: Director, Other trusteeship: DOCOMOMO.UK,

MARK MILLER Appointed: 2020, Occupation: Director, Other trusteeship: ROYAL FEMALE SCHOOL OF ART FOUNDATION,

Legal constitution

Charitable company registered in England & Wales on 31/08/2000, number: 1082221
Registered at Companies House on 29/08/1997, number: 03426509

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
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

19 returns made; AR16: 49 days late, AR06: 29 days late,

Main office

Studio Voltaire
1a Nelsons Row
LONDON
SW4 7JR

Objectives

TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE APPRECIATION AND UNDERSTANDING OF AND TO PROMOTE THE ARTS IN THE UK AND IN THE EUROPEAN UNION.

Defined Area of Benefit:

UK AND THE EUROPEAN UNION

Data Sources