The New Art Exchange Ltd
Analysis
The New Art Exchange Ltd is a registered charity in England and Wales, based in Nottingham. It was registered in November 2007, 19 years ago. Its declared purposes cover education/training, arts/culture/heritage/science and environment/conservation/heritage, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 04899786). It says it provides buildings/facilities/open space, provides services and provides advocacy/advice/information.
In the financial year ending March 2025, The New Art Exchange Ltd reported income of £1.6m and spending of £1.6m, spending 101% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £1.3m to £1.6m (+28%), an average of +6.3% a year. The sharpest change came in the year to March 2024, when income rose by 41%. Over the whole period it spent 101% 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, The New Art Exchange Ltd 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 Manchester Young People's Theatre Limited (£1.6m), The Sussex Archaeological Society (£1.6m) and Autograph Abp (£1.6m).
In its latest detailed accounts, income came from donations and legacies 80%, trading 11% and charitable activities 7.8%. Charitable activities took 88% of spending and raising funds 12%. Reserves of £3.9m would cover about 29 months of spending at that rate. It employed 23 people.
Income and spending
Where the income comes from
- Donations 80%
- Charitable activities 7.8%
- Trading 11%
- Investments 0.7%
In the charity's own words
NEW ART EXCHANGE IS THE FIRST DEDICATED AFRICAN, AFRICAN CARIBBEAN AND SOUTH ASIAN CONTEMPORARY FACILITY FOR THE VISUAL ARTS OUTSIDE OF LONDON AND PLAYS A LEADING ROLE IN SUPPORTING BME COMMUNITIES AND MARGINALISED GROUPS WITH A PORTFOLIO OF COMMMUNITY OUTREACH, LEARNING AND YOUNG PEOPLE'S SERVICES
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Manchester Young People's Theatre Limited | Manchester | £1.6m |
| The Sussex Archaeological Society | East Sussex | £1.6m |
| Autograph Abp | London | £1.6m |
| Taunton Theatre Association Limited | Somerset | £1.6m |