ACE grants up £37m a year, boost for regions
Arts Council England is to increase its grant budget by £37m a year for the period 2018-22, with £622m of lottery and grant in aid combined, as it switches emphasis from London to the regions.
Based on a standstill government settlement, the next rounds grants will plough into lottery reserves to get the uplift. “We’ve planned a budget that lets us reach more people in new ways” said Darren Henley, ACE’s chief executive. “We’ll increase investment outside London without damaging the capital; fund more new, small and diverse organisations. And museums, libraries and arts organisations will apply to us on a more level playing field.
“Everybody deserves to benefit from Arts Council investment, wherever they are, whatever their background. Our plans through to 2022 show we mean it when we talk about great art and culture for everyone”. National Portfolio funding for London organisations will mostly be on standstill for the period.
The annual budget from 2018 will be £409m a year, £68m from the National Lottery and the rest from grant in aid, including a 4% uplift for National Portfolio Organisations outside London. The Grants for Arts and Culture will rise £10m to £87.5m a year.
Applications for National Portfolio bids open on October 26.