Finance Score: -6
Governance Score: 9
Support Score: 8
  • Liabilities <10%: +3
  • Spending falling: -1
  • Multiple Deficits and declines: -5
  • Fundraising costs high: -3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +8
Overall GiG Score: 11 ?

ABSOLUTELY CULTURED LIMITED 

Absolutely Cultured is an arts organisation delivering a visual arts programme & curating of exhibitions, performance & events. With a strong public engagement programme having a positive impact on the city and a talent development & learning programme which gives access to cultural education & career opportunities in the arts.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • 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:

  • Over half the Board have joined recently

Financial issues to consider:

  • Spending has fallen significantly over the last 5 years relative to the previous period
  • Income has been volatile and on several occasions in recent years less than spending
  • Fundraising costs are high relative to funds raised
Established: 9 years

www.absolutelycultured.co.uk

info@absolutelycultured.co.uk

01482 692285

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£549£995£-445£120£1,223£1,22314.81518
31/03/22£911£1,162£-251£82£1,668£1,66817.217204
31/03/21£777£944£-166£0£1,919£1,91924.414800
31/03/20£2,211£2,250£-39£0£2,085£2,03710.926800
31/03/19£3,340£3,620£-280£167£2,124£2,1247282,000
31/03/18£18,102£17,515£587£0£2,404£2,4041.6800
31/03/17£12,965£11,755£1,210£0£1,817£1,8171.9390
31/03/16£2,850£2,398£453£390£607£6073210

Financial Ratios
Fundraising Costs/Relevant Income: 28.7%
Fundraising Costs/Total Spending: 12%
Senior Staff Costs/Total Spending: 9%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 6%
Liabilities/Income: 15%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 14.8 months
Net Current Assets/Spending: 14 months
Quick Ratio: 13.7
Asset Split ?
Listed activities
  • Arts/Culture/Heritage/Science
How it operates
  • Provides services
Where it operates
  • Kingston Upon Hull City,
Who it helps
  • The General Public/Mankind
Who works here?
  • 15 employees
  • 18 volunteers

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.

Specific Donations
Amount When
Months
To be used for
Esmee Fairbairn - Grant to Absolutely Cultured Limited
£13,200 20/02/2023
Towards unrestricted core costs as a Cost of Living Uplift
National Lottery Heritage Fund - Grant to Absolutely Cultured Limited
£60,000 20/01/2022
Heritage in deprived neighbourhoods of Hull
Esmee Fairbairn - Grant to Absolutely Cultured Limited
£198,000 01/04/2021
36
Towards project costs for a programme exploring how creativity can be used to build sustainable bridges between Hull's city centre and most deprived communities.
National Lottery Heritage Fund - Grant to Absolutely Cultured Limited
£100,000 17/04/2019
The Witching Hour - using performance to bring the heritage & folklore of park communities to life
National Lottery Heritage Fund - Grant to Absolutely Cultured Limited
£97,500 17/12/2018
Sustaining and Building on our Heritage Investment
DCMS - Hull IETM Plenary Conference 2019
£13,500 18/10/2018
To support an international marketing campaign to increase the number of international delegates attending an event(Hull IETM Plenary Conference - Hull 2019)
Nesta - AC00770
£250,000 14/05/2018
26
Connected Communities programme grant to Absolutely Cultured Grant Ref AC00770
DCMS - Connected Communities Innovation Fund
£125,000 14/05/2018
In 2017, Hull was chosen to be the UK City of Culture and, as part of this, set out to develop a new model for large scale volunteering initiatives in cities hosting national events. Their aim was to ....more
Spirit of 2012 - Hull Volunteer Programme
£600,000 18/04/2018
A continuation grant from Hull 2017 City of Culture to sustain and grow a volunteer programme across the city and beyond arts & culture. Final amount of grant dispersed may differ due to project ....more
National Lottery Community Fund - Hull 2017 Volunteer Training and Skills Initiative
£499,991 18/05/2016
21
This is a new project will deliver a 365 day programme of cultural activities to celebrate the 2017 City of Culture. The aim of this project is to deliver a volunteering programme to enable 4,000 ....more
Esmee Fairbairn - Grant to Hull UK City of Culture 2017 Ltd.
£150,000 06/04/2016
18
Towards a programme that enables local artists to place themselves and their work on a national and international stage as part of Hull UK City of Culture 2017.
National Lottery Heritage Fund - Grant to Hull UK City of Culture 2017 Ltd
£3,000,000 22/03/2016
Hull UK City of Culture 2017 Cultural Programme
Paul Hamlyn Foundation - Support for community engagement
£350,000 01/12/2015
24
The grant will underpin public engagement throughout 2017, with a particular focus on the lead up to the year of culture and creating a lasting legacy. This will be achieved by Hull 2017 ....more
Spirit of 2012 - Hull 2017
£2,850,000 30/10/2014
Principal Partner of Hull 2017 City of Culture to transform the potential of arts and culture on the wellbeing of its residents. Final amount of grant dispersed may differ due to project underspend ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)
Current Trustees appointed
Gender Split
Based on 9/11 persons

Age Range of Trustees: 39-63
  • KERRY SMITH Appointed: 2023, Occupation: Head Of 6th Form
Legal constitution
  • Charitable company registered in England & Wales on 15/06/2015, number: 1162199
  • Registered at Companies House on 27/06/2014, number: 09106231
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
  • 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
8 returns made; all on time
Main office

64 Humber Street
HULL
HU1 1TU

Objectives

OBJECTSTHE CHARITY'S OBJECTS (OBJECTS) ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING:(1)TO ADVANCE THE EDUCATION OF THE GENERAL PUBLIC IN THE ARTS AND THE ARTISTIC AND CULTURAL HERITAGE OF THE CITY OF HULL AND IN PARTICULAR THE ARTS OF PERFORMANCE, MUSIC, DRAMA, POETRY READING, SCULPTURE, PAINTING, HANDICRAFTS AND ALL OTHER ASSOCIATED ARTS;(2)TO ADVANCE THE ARTS IN PARTICULAR THE ARTS OF PERFORMANCE, MUSIC, DRAMA, POETRY READING, SCULPTURE, PAINTING, HANDICRAFTS AND ALL OTHER ASSOCIATED ARTS, BY ENCOURAGING PUBLIC PARTICIPATION IN THE SAID ARTS AND BY THE PRESENTATION OF CONCERT, PERFORMANCES, EXHIBITIONS AND FESTIVALS PROVIDED THAT THE PROMOTION OF SUCH FESTIVALS AND EVENTS IS UNDERTAKEN SOLELY FOR THE PUBLIC BENEFIT;(3)TO PROMOTE THE ARTS AND HERITAGE FOR THE BENEFIT OF THE PUBLIC WITHIN THE CITY OF HULL IN PARTICULAR BUT NOT EXCLUSIVELY BY SUPPORTING AND REPRESENTING THE ARTS AND HERITAGE SECTOR THROUGH PROMOTION REPRESENTATION AND DEVELOPMENT (4)TO FURTHER SUCH OTHER CHARITABLE PURPOSES BENEFICIAL TO THE COMMUNITY CONSISTENT WITH OBJECTS (1) (2) AND (3) ABOVE AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION DETERMINE.

Defined Area of Benefit:

WITHIN THE CITY OF HULL

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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