Finance Score: -4

Governance Score: 6

Support Score: 8

Multiple Deficits: -2
Fundraising costs high: -2

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

Grant maker support: +8

Overall GiG Score: 10

TURNER CONTEMPORARY

The principal objective of the company is the provision of a permanent gallery in Margate for the visual arts organisation which celebrates JMW Turner's association with Margate and, through a varied programme of exhibitions and events and learning activities, promotes an understanding and enjoyment of historical and contemporary art.

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:

On several occasions in recent years income has been less than spending
Fundraising costs are high relative to funds raised

Established: 15 years

www.turnercontemporary.org

info@turnercontemporary.org

01843233000

Charity Commission for England and Wales

Tweets

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		£3,480	£3,300	£180	£503	£3,908	£679	2.5	72	0
31/03/22		£2,522	£3,098	£-576	£361	£4,002	£837	3.2	69	0
31/03/21	*	£2,782	£2,368	£415	£293	£0	£0	n/a	0	10
31/03/20		£3,688	£4,116	£-428	£558	£3,365	£385	1.1	106	32
31/03/19		£3,125	£2,878	£248	£425	£3,925	£503	2.1	79	0
31/03/18		£3,376	£2,695	£680	£370	£3,562	£388	1.7	84	0
31/03/17		£2,799	£2,866	£-67	£454	£2,935	£463	1.9	35	0
31/03/16		£3,038	£2,748	£290	£501	£2,870	£532	2.3	34	0
31/03/15		£3,659	£2,942	£717	£504	£2,529	£370	1.5	29	0
31/03/14		£2,778	£2,529	£249	£411	£1,733	£334	1.6	28	0
31/03/13		£4,113	£2,969	£1,144	£515	£1,447	£335	1.4	34	0
31/03/12		£2,507	£2,565	£-58	£316	£199	£199	0.9	34	0
31/03/11		£1,699	£1,370	£330	£703	£361	£361	3.2	24	0
31/03/10		£111	£80	£31	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 20.7%
Fundraising Costs/Total Spending: 15.8%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 7%
Liabilities/Income: 9%
Unrestricted Funds/Total Funds: 17%
Reserves/Spending: 2.5 months
Net Current Assets/Spending: 4 months
Quick Ratio: 3.3

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science
Education/Training
General Charitable Purposes

How it operates

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

Where it operates

Kent,

Who it helps

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

Who works here?

72 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	£785,791
The Foyle Foundation	£35,000
Esmee Fairbairn	£21,200
The Grocers' Charity	£5,000

Specific Donations

Amount	When Months	To be used for
The Foyle Foundation - Arts
£35,000	08/07/2021	to build back and grow enterprises and development income, which have been hit by the COVID-19 pandemic including support towards the new permanent Communications and Marketing post (awarded grant in ....more to build back and grow enterprises and development income, which have been hit by the COVID-19 pandemic including support towards the new permanent Communications and Marketing post (awarded grant in response to coronavirus)
Esmee Fairbairn - Grant to Turner Contemporary
£21,200	05/05/2020 6	towards unrestricted costs as a COVID-19 Fast Response grant
DCMS - Turner Contemporary
£681,791	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 - Turner Contemporary
£104,000	01/04/2020	To support Arts and Culture throughout England
The Grocers' Charity - 2020 Turner Contemporary
£5,000	11/12/2019	Opportunities, education and skills development of creative talent for artists with financing challenges or disability support requirements
Garfield Weston Foundation - Main Grants award
£50,000	18/12/2018	Turner Contemporary- Revenue Funding Application
Wates Foundation - Turner Contemporary
£28,027	03/10/2018	Towards the salary of Turner Contemporary’s Schools Officer over a period of 2 years.
Esmee Fairbairn - Grant to Turner Contemporary
£249,900	30/06/2016 60	Towards the salary of the head of learning and visitor experience.
John Ellerman Foundation - Margate, Kent
£90,000	23/03/2016 36	Towards the costs of developing an innovative, audience-led curatorial approach to enable community members to shape the programme.
Esmee Fairbairn - Grant to Turner Contemporary
£150,000	07/04/2011	Towards the development of Encounter, a public programme.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)

Current Trustees appointed

Age Range of Trustees: 41-67

BRIAN JAMES HORTON Appointed: 2024, Occupation: Company Director

KEITH VALENTINE Appointed: 2021, Occupation: Director

LUCY EDEMATIE Appointed: 2021, Occupation: Freelance Writer

MATTHEW SLOTOVER (Chair) Appointed: 2023, Occupation: Publisher, Other trusteeships: THE ARTS FOUNDATION, MURMUR,

MICHEL DRIESSEN Appointed: 2023, Occupation: Accountant

NICK MAYNARD Appointed: 2022, Occupation: Chartered Accountant

PETER HAWKES Appointed: 2021, Occupation: Solicitor

SARAH DARGAN Appointed: 2023, Occupation: Marketing Director

SIR STEPHEN DEUCHAR CBE Appointed: 2021, Occupation: Museum Director, Other trusteeship: CREATIVE FOLKESTONE,

SUSAN CAREY Appointed: 2024, Occupation: Kent County Councillor

YASMIN KHAN Appointed: 2021, Occupation: Journalist

Legal constitution

Charitable company registered in England & Wales on 03/06/2009, number: 1129974
Registered at Companies House on 12/12/2008, number: 06772337

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
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

14 returns made; AR21: 16 days late,

Main office

RENDEZVOUS
MARGATE
KENT
CT9 1HG

Objectives

1. TO PROMOTE ART FOR THE BENEFIT OF THE PUBLIC THROUGH ACTIVITIES INCLUDING BUT NOT LIMITED TO EXHIBITIONS, DISPLAYS, EVENTS AND COMMISSIONS INCLUDING BUT NOT LIMITED TO THOSE HELD AT TURNER CONTEMPORARY.2. TO ADVANCE THE EDUCATION OF THE PUBLIC, IN PARTICULAR BUT WITHOUT LIMITATION IN THE VISUAL ARTS; AND3. TO PROMOTE THE EFFICIENCY AND EFFECTIVENESS OF REGISTERED CHARITIES AND CHARITABLE ORGANISATIONS, INCLUDING COMMUNITY GROUPS, THROUGH THE PROVISION OF PREMISES OR OTHER SPACES, INCLUDING BUT NOT LIMITED TO THE TURNER CONTEMPORARY BUILDING.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, LOCAL.

Data Sources