Tate Foundation

Analysis

Tate Foundation is a registered charity in England and Wales, based in London. It was registered in February 2001, 25 years ago. Its declared purposes cover general charitable purposes and arts/culture/heritage/science, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 04009652). It says it acts as an umbrella or resource body.

In the financial year ending March 2025, Tate Foundation reported income of £6.6m and spending of £8.0m, spending 122% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income fell from £6.7m to £6.6m (-1.8%), an average of -0.5% a year. The sharpest change came in the year to March 2025, when income rose by 23%. Over the whole period it spent 107% 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, Tate Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include York Citizens' Theatre Trust Limited (£6.6m), Grantscape (£6.7m) and Film Nation UK (£6.5m).

In its latest detailed accounts, income came from donations and legacies 95% and investments 4.8%. Gifts in wills alone brought in £123k. Charitable activities took 79% of spending and raising funds 21%. Grants to other organisations totalled £6.3m. Reserves of £5.9m would cover about 9 months of spending at that rate. It employed 31 people.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.