Private Investment in Culture Survey 2022

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This 2022 Private Investment in Culture Survey report shares the findings of the survey and associated desk research exploring income from individuals, trusts and foundations and businesses in support of the arts and cultural sector over the last three financial years: 2018/2019, 2019/2020 and 2020/2021.

Using publicly available financial data and survey responses from not-for- profit arts and cultural organisations based in England, this report shares findings, identifies trends – recurring, recent, and emerging – in private investment in the sector. It also explores the impacts of COVID-19 on cultural organisations’ capacity to raise funds from private sources during this time.

AEA Consulting were commissioned by Arts Council England to undertake the 2022 survey and to produce the report. For the first time, the report includes case studies which help to illustrate the data and highlight the ways in which organisations have adapted fundraising practice during this three year period and in response to the Covid-19 pandemic.

Sir Nicholas Serota, Chair of Arts Council England said: “England is an incredibly successful example of how a mixed funding model – where private investment supplements income from local authorities and Government – can create a world-leading cultural sector.  These findings reflect the innovation that cultural leaders and fundraisers have shown in response to Covid-19, and we are pleased to see the sustaining impact their creativity has had on investment in the cultural sector.”

Arts Minister, Lord Parkinson said “The Government has stood by our cultural sector, with more than £1.5 billion of support during the pandemic, and an increase of £43 million through the next round of funding via Arts Council England. The high level of private investment in our cultural organisations on top of this is a vote of confidence in the excellent service they provide to the public across the country. Thank you to everyone who has supported them, with donations big and small.”