- Date: 20 June 2012
- Area: National
Arts Council England, the Department for Culture Media and Sport (DCMS) and the Heritage Lottery Fund today announced the successful applicants to the £55 million Catalyst: endowments scheme.
Announced by Jeremy Hunt, Secretary of State for Culture, Olympics, Media and Sport in a speech this morning, the awards offer match funding to arts organisations with a successful track record of fundraising to help them build endowments that provide an annual income.
18 successful arts organisations have been granted £30,500,000 in total. These include: the Orchestra of the Age of Enlightenment (£500,000); the Halle Concerts Society (£1 million); City Of Birmingham Symphony Orchestra (£1 million); Opera North (£3 million); the Serpentine Gallery (£3 million); and The Old Vic Theatre (£5,000,000).
Download the full list of successful arts organisations.
The list of successful heritage applicants is available on the Heritage Lottery fund website.
These organisations have set out how they will raise the match funding and what they will do with income generated by the endowment funding. This includes undertaking more ambitious large-scale artistic projects; funding a dance fellowship that will support young dancers; supporting a new dedicated education space; supporting increased regional touring and extending the geographical reach of education work.
Dame Liz Forgan, Chair, Arts Council England said:
'Public funding of the arts in this country is at the heart of their success. It enables organisations to attract private investors, and gives them the confidence to continue to take the bold artistic leaps that keep audiences coming.
'Catalyst will help support that public investment, increasing the sustainability of our world class arts organisations who bring delight to millions and play such an important part in our national economy.'
An Advisory Panel, chaired by Michael Portillo, supported the decision-making process, with final decisions on awards to art organisations being made by Arts Council England's National Council and those to heritage organisations being made by the HLF Board of Trustees.
The overall Catalyst funding programme aims to make the arts organisations more sustainable, resilient and innovative by increasing their fundraising potential and attracting new money to invest in additional artistic work. It is designed to invest in organisations that are committed to making a step change in their approach to fundraising by increasing their fundraising ability and helping them to develop and explore innovative approaches to securing private giving.
The investment is additional funding to support additional arts activity. It represents just one part of measures the Arts Council is putting in place to help create a more sustainable, resilient and innovative arts sector as part of Achieving great art for everyone.
In May we also announced the 173 organisations which have been awarded £30,412,918 for the Catalyst: capacity building and match funding scheme.
A £7 million Catalyst programme to support arts organisations with little or no fundraising experience, who would like to build their capacity and capability to attract new donors will open in autumn 2012.
Between now and then the Arts Council will use what we have learned from the first two strands of Catalyst so that the investment has the greatest possible impact. More information about this part of the Catalyst scheme will follow in the coming months.
In his speech this morning Jeremy Hunt also focused on significant issues for the culture sector including - embracing digital technology, connecting with new audiences and increasing access to the arts for children and young people. These are all key priorities for the Arts Council over the next few years.
Hunt commended The Space, the innovative new digital arts service developed by the Arts Council in partnership with the BBC, which he called 'one of the most exciting things happening in the arts at the moment'. He also highlighted the Digital R&D fund for the Arts, which sees the Arts Council, Nesta and the Arts and Humanities Research Council working together to fund and support projects which explore innovations in digital technology.
These two programmes are just part of our work to support digital innovation in the arts and culture sector.
We are also committed to engaging audiences in new ways. As part of this we have introduced an Audience focus fund which supports a number of large-scale projects which address major support needs in the sector.
We are continuing to increase arts and cultural opportunities for children and young people through our new networks of Bridge organisations and music education hubs, our flagship programme for schools Artsmark and the national Arts Award qualification programme, and the development of a quality framework.
Find out more about the Arts Council's priorities for 2012-15.