Finance Score: -6
Governance Score: 6
Support Score: 10
  • Poor Liquidity: -1
  • Positive trading contribution: +2;Multiple Deficits: -2
  • Fundraising costs high: -5
  • Good trustee age range: +3
  • Dynamic board: +3
  • Overall weighted support: +10
Overall GiG Score: 10 ?

PROJECT SPACE LEEDS

Operation of The Tetley, a centre for contemporary art and learning in a heritage building. Our activities exist to raise the visibility of contemporary art by providing support for emerging regional artists and we seek to increase the understanding of contemporary art by enabling the widest possible audiences to enjoy and engage with art in a friendly environment.
Analysis by Giving is Great

Positives:

  • More than half of total income was derived from trading and fees in the latest year
  • 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

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end
  • On several occasions in recent years income has been less than spending
  • Fundraising costs are extremely high relative to funds raised

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£1,507£1,617£-110£869£231£1861.4360
31/03/22£1,271£1,621£-349£824£341£2501.8350
31/03/21£1,572£1,150£423£603£691£3463.6370
31/03/20£1,505£1,615£-111£946£268£1941.4430
31/03/19£1,706£1,680£26£1,001£379£2872.14359
31/03/18£1,698£1,761£-63£974£353£2121.4440
31/03/17£1,673£1,613£60£932£416£2221.7320
31/03/16£1,560£1,674£-113£955£356£1481.1470
31/03/15£1,522£1,548£-26£842£469£2481.9310
31/03/14£955£770£185£408£495£1862.9130
31/03/13£404£206£198n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 127%
Fundraising Costs/Total Spending: 54.1%
Highest pay band: Less than £60,000
Liabilities/Assets: 49%
Liabilities/Income: 15%
Unrestricted Funds/Total Funds: 80%
Reserves/Spending: 1.4 months
Net Current Assets/Spending: 1 months
Quick Ratio: 1.3
Asset Split ?
Balance Sheet History
Established: 12 years
(14 years as a company)

www.yorkshirecontemporary.org

info@yorkshirecontemporary.org

01133202323

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
GiG Classification
  • Art galleries and exhibitions
How it operates
  • Provides buildings/facilities/open space
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Bradford City, Kirklees, Leeds City,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Defined Groups
  • 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£377,600
Garfield Weston Foundation£184,000
National Lottery Community Fund£161,043
Leeds Community Foundation£36,910
Esmee Fairbairn£20,000
Specific Donations
Amount When
Months
To be used for
Leeds Community Foundation - Cookout Build Out
£18,260 12/02/2024
6
The Tetley is committed to safeguarding the well-being of children and vulnerable adults in all aspects of its operations, encompassing gallery visits, participation in activities, and interactions both on and offsite. Our safeguarding policy aligns ....more
Leeds Community Foundation - Rowland Road Play Patch
£18,650 18/12/2023
Grant to The Tetley (Project Space Leeds)
National Lottery Community Fund - Inside Out
£151,343 25/08/2023
This funding will be used by the project to support families children and young people in Leeds through inclusive outreach projects developmental activities creative sessions and a holiday club. This aims to reduce isolation bring people together ....more
Sir George Martin Trust - Grant to Project Space Leeds (The Tetley)
£3,000 29/06/2023
Capital and core costs for Music/Arts/Culture
National Lottery Community Fund - Tiny Tetley 2.0
£9,700 30/09/2021
The funding will be used to deliver inclusive activities and events for families from diverse local communities with the programme of activities co-created with families themselves. The project aims to bring people together helping to build ....more
Garfield Weston Foundation - WCF award - COVID19 response
£184,000 05/02/2021
Weston Culture Fund
Esmee Fairbairn - Grant to Project Space Leeds
£20,000 28/04/2020
6
towards unrestricted core costs as a COVID-19 Fast Response grant
DCMS - National Portfolio Organisation 2018-2022
£254,600 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 the chance to flourish and where everyone of us has ....more
DCMS - The Tetley - Culture Recovery Fund
£123,000 01/04/2020
To support Arts and Culture throughout England
Co-Op Foundation - Youth Community Spaces offer
£7,304 20/12/2018
Developing their provision, including for young parents
Garfield Weston Foundation - Multi-Year Grant (3 Years) award
£75,000 18/10/2018
36
Resilient Tetley
Esmee Fairbairn - Grant to Project Space Leeds
£250,000 19/04/2016
48
Towards staffing costs at the Tetley to continue to evolve its standing as a self supporting contemporary arts venue, work with south Leeds communities, and prepare for its role in the changing cityscape of Leeds.
Paul Hamlyn Foundation - Youth Forum at The Tetley in south central Leeds.
£35,000 14/12/2015
24
The Tetley will provide ongoing, in-depth arts programming to young people who have previously had limited opportunities to engage in extra-curricular creative activities. They will get regular access to a significant contemporary art venue, where ....more
Esmee Fairbairn - Grant to Project Space Leeds (The Tetley)
£80,000 28/08/2013
Towards a member of staff overseeing work with communities in South Leeds and the running of the former Tetley Brewery as a new major contemporary arts venture in the City.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (10)
Current Trustees appointed

Age Range of Trustees: 27-75
  • ARTHUR MICHAEL PIERS LOVITT Appointed: 2019, Occupation: Retired
  • DAVID WARREN Appointed: 2019, Occupation: Chief Operating Officer
  • FRANCIS JAMES FINLAY (Chair) Appointed: 2019, Occupation: University Professor
  • GRISELDA POLLOCK Appointed: 2019, Occupation: Lecturer
  • HELEN CAROLINE BROOK Appointed: 2024, Occupation: Project Development Manager
  • LIYEN NHUYEN Appointed: 2022, Occupation: Chartered Accountant
  • MICHELLE JULIA DUXBURY Appointed: 2022, Occupation: Unknown
  • SARAH NETHERWOOD Appointed: 2019, Occupation: Accountant
  • STEVEN JOHN FOSTER Appointed: 2019, Occupation: General Manager
  • TANEESHA AHMED Appointed: 2022, Occupation: Community And Partnerships Officer
Legal constitution
  • Charitable company registered in England & Wales on 28/08/2012, number: 1148716
  • Registered at Companies House on 12/01/2010, number: 07123227
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
  • 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
11 returns made; all on time
Main office

Studio 18A
30-38 Dock Street
LEEDS
LS10 1JF

Objectives

THE ADVANCEMENT OF PUBLIC EDUCATION IN AND APPRECIATION OF THE ARTS IN PARTICULAR BUT NOT EXCLUSIVELY BY:A) FOSTERING AND PROMOTING FOR THE BENEFIT OF THE PUBLIC THE IMPROVEMENT AND DEVELOPMENT OF ARTISTIC KNOWLEDGE AND TASTE, UNDERSTANDING AND APPRECIATION OF THE ARTSB) PROMOTING AND ADVANCING THE PARTICIPATION AND EDUCATION OF THE GENERAL PUBLIC IN THE VISUAL ARTSC) PROVIDING AND MAINTAINING AN ART GALLERY FOR THE EXHIBITION OF VISUAL ART TO THE GENERAL PUBLIC;D) DELIVERING ARTS AND EDUCATION PROGRAMMES TO CHILDREN, YOUNG ADULTS AND ADULT LEARNERS;E) PROVIDING EDUCATION, ADVICE AND ASSISTANCE TO ARTISTS AND ACCESS TO NON-COMMERCIAL GALLERY SPACE FOR THE PUBLIC BENEFIT

Data Sources

Charity Commission for England and Wales
360 Giving

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great