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Arts Council announces three year funding strategy
IFACCA/Artshub, 18 March 2005,United Kingdom
Arts Council England has announced its budget strategy, ‘Hard Choice in a Tough Climate’, which is applicable until March 2008. The Arts Council’s grant-in-aid remains at £412m between 2005/06 and 2007/08 and represents a settlement standstill.
The Arts Council has identified four key priorities to be the focus over the next three years:
to provide financial stability for the majority of arts organisations
to ensure that organisations with major capital developments have the revenue funding to reach their potential
to develop the infrastructure for Black and minority ethnic artists
to review the range of organisations receiving regular funding and redirect funding to priority areas
The Arts Council’s budgets to develop new opportunities in the arts and new partnerships will reduce by £13 million and the guaranteed financial allocation to support work with children and young people through the Creative Partnerships programme will drop from the budgeted £45 million a year to £32 million in 2005/06, rising to £35 million in 2007/08.
Arts Council Chair, Sir Christopher Frayling said:
“As a result of the standstill settlement for the arts from the 2004 Spending Review, the Arts Council has made some hard choices in a tough financial climate.
“We have acted responsibly to ensure a degree of budgetary stability for arts organisations. However, that stability is fragile and cannot be sustained beyond 2008. It is built on one-off flexibility and a reduction in other areas of our budget.
“The arts contribute an enormous amount to the life of this country and to the economy. If there is not a better settlement in the 2006 Spending Review it will mean real cuts to more arts organisations. We must work together with our partners in the arts and in government to make the case for the arts as strongly and effectively as we can. We must begin that work now.”
To view the strategy, CLICK HERE
Show latest news, more from March 2005.
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