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Articles
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ACE's Funding PlansDateline: 30th March, 2003
Thus Arts Council England's website introduced the organisation's new spending plans. Chief Executive Peter Hewitt commented:
Looking through the complete list of grant-in-aid (almost 270 pages of it!), it would seem that the majority of funded organisations will find their funding increasing by 5.1%, although some will get considerably more:
All of these percentages represent the increase from 2003/4 - 2005/6. It's an encouraging picture, and it suggests that we might at last - almost a year on - be seeing some benefit from the taking over of the old Regional Arts Boards by ACE. "New and innovative organisations that do not receive regular funding," ACE's statement says, "will benefit from £123 million available through grants for the arts." So there is clearly some flexibility built into the new system, for the three year funding system - excellent though it is for those organisations which receive funding - could have major drawbacks if new organisations had to wait until after March 2006 for assistance. The other innovation introduced this year - the streamlining of applications into one simple form, with the promise of a much speedier response time - should also be of great benefit to arts organisations. Project funding will still be available through the National Lottery and we understand that the Arts Council Recovery Programme, which helps viable but ailing organisations, will also continue. All in all, the future looks considerably brighter than it did at this time last year! Articles Indices:
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