Announcing our investment plans for 2015 to 2018
1 Jul 2014 03:02 PM
Yesterday Arts Council England announced details
of our investment plans for the next three years. This includes our new
National portfolio of arts organisations and museums, representing a major
public investment in England’s art and culture.
Explore our new National portfolio of arts
organisations and our Major partner museums.
Watch our animated film about how our different
funding streams work together to achieve great art and culture for
everyone:
Our funding
ecology
Highlights from our investment plans for
2015-18
- A
new National portfolio of 670 arts
organisations (NPOs) and 21 Major Partner
Museums (MPMs). 46 arts organisations will join the portfolio and
58 leave. 5 new museums are added to the portfolio ensuring a wider geographic
spread
- The
investment in NPOs for 2015/16 will be £339.5
million, compared to £341.4m in 2014/15. The Major partner
museum budget has increased to £22.6
million in 2015/16 from £21.5 million
- Our Strategic funds will
reduce to £104 million per annum in 2015/16,
from £153 million in 2014/15
- The Grants for the
arts budget will increase to £70
million per year from 2015-18, from £63 million a year in
2012-15
Explore our
investment
We’ve produced a range of useful links to help you
understand our funding plans.
Sir Peter Bazalgette, Chair Arts Council England
said:
‘We are in the premier league of creative nations and this portfolio will
keep us on top in an era of tight funding. We can delight in our arts
organisations and museums for the sheer inspiration they bring to our daily
lives as well as their contribution to the creative sector. I’m
proud that we’ve been able to deliver such a strong and well balanced
portfolio.
‘With 46 new entrants to the National Portfolio,
with increased funding for Grants for the Arts, and with Creative People and
Places being maintained at its current level over the next period, this
settlement represents a commitment by Arts Council England to new talent and
building England's arts and culture capacity all over the country. When
funding is declining you have to set priorities - this we have
done.’
Alan Davey, Chief Executive Arts Council England
said:
‘We have produced a connected mix of organisations who can produce
excellent work that will engage and succour audiences nationwide. This
portfolio is about investment in new talent whilst supporting stability and
continuity.
‘The portfolio should be viewed alongside our
strategic funds and Grants for the arts – these will fund added ambition
and reach in a sector that has shown it is hungry to do more and audiences that
have shown they are hungry for great cultural experiences.
‘But we mustn’t forget that sustaining the
National Portfolio comes at a real price in terms of the reduced size of our
investment in these other areas over the next three years. We have increased
Grants for the arts, but have cut things like capital spending significantly.
The long term health of our arts and culture depends on continued commitment
from central and local government to invest in our
sector.’
Read more from Alan in his blog about our
investment announcements here.
Capital
Finally, we have also just announced 65 Capital awards
of £71 million, from the current Capital round up to March 2015. This
investment supports organisations to maintain the excellent work that audiences
across the country enjoy by providing them with high-quality equipment and
flexible working environments.
View our list of successful applicants
here:
Join the conversation
You
can join in the conversation on Twitter by following @ace_national and
using #A
CEfunding