Finance Score: -50
Governance Score: 0
Support Score: 0
  • In administration/insolvent: -50
    Overall GiG Score: -50 ?

    COVENTRY CITY OF CULTURE TRUST 

    Coventry City of Culture Trust been set up to oversee Coventry's bid to be UK City of Culture in 2021 and, if that is successful, to run the year of City of Culture events in 2022 and 2023
    Analysis by Giving is Great

    Financial issues to consider:

    • This charity is in Administration or Insolvent
    Established: 8 years

    www.coventry2021.co.uk

    info@coventry2021.co.uk

    02476998221

    Charity Commission for England and WalesCompanies HouseFacebookInstagramX

    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
    31/03/22£19,158£20,678£-1,520£86£2,399£70108945
    31/03/21£9,123£8,151£972£31£3,918£70650
    31/03/20£5,410£4,076£1,335£42£2,946£30360
    31/03/19?£1,324£618£706£1£1,612£10170
    31/12/18£2,259£1,650£608£12£906£10100
    31/12/17£958£819£139£44£297£0040
    31/12/16£553£395£158£33£158£0020

    Financial Ratios
    Fundraising Costs/Relevant Income: 0.4%
    Fundraising Costs/Total Spending: 0.4%
    Senior Staff Costs/Total Spending: 4%
    Highest pay band: £110,000-£120,000
    Liabilities/Assets: 58%
    Liabilities/Income: 17%
    Unrestricted Funds/Total Funds: 0%
    Reserves/Spending: 0 months
    Net Current Assets/Spending: -0 months
    Quick Ratio: 0.4
    Asset Split ?
    Listed activities
    • Arts/Culture/Heritage/Science
    How it operates
    • Provides services
    Where it operates
    • Coventry City, Warwickshire,
    Who it helps
    • The General Public/Mankind
    Who works here?
    • 108 employees
    • 945 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.

    Major supporters in last 5 years
    DCMS£7,888,600
    National Lottery Heritage Fund£3,000,000
    National Lottery Community Fund£1,723,820
    Spirit of 2012£1,000,000
    Paul Hamlyn Foundation£750,000
    Esmee Fairbairn£200,000
    Specific Donations
    Amount When
    Months
    To be used for
    Paul Hamlyn Foundation - Coventry City of Culture Trust - Legacy
    £250,000 03/10/2022
    Coventry City of Culture Trust is an arts organisation planning and delivering Coventry’s year as UK City of Culture 2021 and its legacy activity between 2022-2024. This grant will support the ....more
    DCMS - Investment funds
    £1,615,000 05/04/2022
    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 ....more
    DCMS - Investment Funds
    £410,000 22/03/2022
    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 ....more
    DCMS - Investment Funds
    £13,600 01/02/2022
    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 ....more
    DCMS - Culture Recovery Fund: Emergency Resource Support
    £950,000 01/02/2022
    This fund aims to provide emergency funding awards to culturally significant organisations that were financially sustainable before Covid-19 but are now at imminent risk of failure and have exhausted ....more
    Esmee Fairbairn - Grant to Coventry City Of Culture Trust
    £200,000 19/05/2021
    Towards core costs of programmes delivering leadership development, disability inclusion, cultural education and widening participation in volunteering.
    National Lottery Community Fund - Love Coventry
    £1,323,820 22/03/2021
    12
    The funding will used as part of the City of Culture 2021 year. 21 streets will be selected to deliver their own programme of cultural activities. The project will bring together neighbourhoods and ....more
    The Foyle Foundation - Arts
    £125,000 11/02/2021
    towards Coventry City of Culture 2021/22, towards the creative Commissions & Collaborations programme (awarded grant in response to coronavirus)
    Garfield Weston Foundation - Major Grants award
    £100,000 27/11/2020
    Coventry, UK City of Culture 2021
    Spirit of 2012 - Caring City - Coventry UK City of Culture 2021
    £1,000,000 08/07/2020
    The project will show how major cultural events can deliver long-term benefits for communities by embedding producers in community organisations in Coventry. Final amount of grant dispersed may ....more
    DCMS - Coventry City of Culture - DCMS funding 2020-22
    £400,000 01/04/2020
    We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that by 2030 we want England to be a country in which the creativity of each of ....more
    DCMS - Coventry City of Culture - DCMS additional funding
    £3,500,000 01/04/2020
    We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that by 2030 we want England to be a country in which the creativity of each of ....more
    DCMS - Coventry City of Culture - DCMS funding for a Digital Gallery 2020-21
    £1,000,000 01/04/2020
    We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that by 2030 we want England to be a country in which the creativity of each of ....more
    National Lottery Community Fund - 21 Streets of Culture
    £400,000 06/02/2020
    8
    The funding will used as part of the City of Culture 2021 year. 21 streets will be selected to deliver their own programme of cultural activities. The project will bring together neighbourhoods and ....more
    Paul Hamlyn Foundation - Coventry UK City of Culture 2021
    £500,000 16/12/2019
    27
    Support for Coventry UK City of Culture 2021, particularly underpinning two of the programming themes – Collaborative City and Caring City.
    National Lottery Heritage Fund - Grant to Coventry City of Culture Trust
    £3,000,000 24/09/2019
    Coventry UK City of Culture 2021
    DCMS - Joint Cultural Needs Assessment
    £10,000 01/04/2019
    I am writing to offer you a grant of up to £10,000 towards The development of Joint Cultural Needs Assessments (JCNAs) which will be an increasingly important tool to support cultural organisations. ....more
    Spirit of 2012 - Coventry Associate Producers
    £200,000 16/01/2019
    Final amount of grant dispersed may differ due to project underspend and within agreed tolerance.
    DCMS - Coventry City of Culture
    £500,000 17/08/2018
    Funding will be split across two strands. Strand one will support capacity enhancement including earlier recruitment of director of engagement and two producers, and work to plan for 2021 with key ....more
    National Lottery Heritage Fund - Grant to Coventry City of Culture Trust
    £1,489,200 08/03/2017
    GREAT PLACE SCHEME: Coventry - Place, heritage and diversity in a modern UK city
    Show more rows

    Data sourced from Donors via 360 Giving

    How is it governed?

    Trustees (7)
    Current Trustees appointed

    Age Range of Trustees: 30-72
    Legal constitution
    • Charitable company registered in England & Wales on 18/02/2016, number: 1165639
    • Registered at Companies House on 04/10/2015, number: 09808960
    Gift Aid
    • Registered with HMRC for Gift Aid
    Policies in force
    • Conflicting interests
    • Paying staff
    • Risk management
    Filing Record
    7 returns made; all on time
    Main office

    c/o Herbert Art Gallery & Museum
    Jordan Well
    COVENTRY
    CV1 5QP

    Objectives

    TO ADVANCE THE ARTS, CULTURAL HERITAGE AND CREATIVITY FOR THE PUBLIC BENEFIT IN COVENTRY AND WARWICKSHIRE.

    Data Sources

    Charity Commission for England and Wales
    360 Giving
    CharityBase

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