Sector News

Arts & Business Private Investment in Culture report published

There is a growing divide in donations to the arts between London and the rest of England, according to a new report published by Arts & Business.

Posted: 06/11/2013

Philanthropic giving to theatres, galleries and other arts and heritage organisations rose 10% in London between 2011 and 2012. But donations elsewhere fell 3.5%. Organisations in London (predominantly large building-based organisations) saw their total rise from £488m to £539m. But outside London, donations dropped from £125m to £121m. Individual giving across England was up by £22.9m to £372.9m – 90% of which now goes to venues in London.

Income from charitable trusts and foundations rose by £23.7m to £173.8m.

Business Investment in the arts in England remains has risen slightly from £113.6m to £113.8m, with 67.8% of all business investment going to organisations in London.

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