Spike Island Artspace Limited

Analysis

Spike Island Artspace Limited is a registered charity in England and Wales, based in Bristol. It was registered in July 1991, 35 years ago. Its declared purposes cover general charitable purposes, education/training and arts/culture/heritage/science, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 02624621). It says it provides human resources, provides buildings/facilities/open space and provides advocacy/advice/information.

In the financial year ending March 2025, Spike Island Artspace Limited reported income of £1.5m and spending of £1.6m, spending 100% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £1.2m to £1.5m (+24%), an average of +5.5% a year. The sharpest change came in the year to March 2023, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 17,634 England and Wales charities whose main cause is arts, culture, heritage and science and that reported income, Spike Island Artspace Limited sits at the 96th percentile: it is larger than about 96% of them. Against every charity in England and Wales with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include The Froglife Trust (£1.5m), The Creswell Heritage Trust (£1.6m) and Theatr Genedlaethol Cymru (£1.5m).

In its latest detailed accounts, income came from charitable activities 71% and donations and legacies 28%. Charitable activities took 89% of spending and raising funds 11%. Reserves of £246k would cover about 2 months of spending at that rate. It employed 56 people.