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.
For full details visit
http://artsandbusiness.bitc.org.uk/news-events/news/private-investment-i…
