Institute of Contemporary Arts Limited
Analysis
Institute of Contemporary Arts Limited is a registered charity in England and Wales, based in London. It was registered in November 1969, 57 years ago. Its declared purposes cover 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 00444351). It says it provides buildings/facilities/open space.
In the financial year ending March 2026, Institute of Contemporary Arts Limited reported income of £4.1m and spending of £4.2m, spending 103% of its income. Across the 5 years on record, from March 2022 to March 2026, income fell from £4.4m to £4.1m (-6.4%), an average of -1.6% a year. The sharpest change came in the year to March 2024, when income dropped by 26%. 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, Institute of Contemporary Arts Limited sits at the 98th percentile: it is larger than about 98% 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 Kiln Theatre (£4.0m), Kent Music (£4.1m) and The Grange Festival (£4.0m).
In its latest detailed accounts, income came from donations and legacies 38%, charitable activities 32% and trading 29%. Charitable activities took 62% of spending and raising funds 6.1%. Reserves of £258k would cover about 1 months of spending at that rate. It employed 73 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.
Income and spending
Where the income comes from
- Donations 38%
- Charitable activities 32%
- Trading 29%
In the charity's own words
Established in 1947, the ICA is the UK's original, multi-disciplinary arts centre, existing today to create a space for new, experimental and independent arts practice and ideas. Housing two galleries, two cinemas, a theatre, learning room, studio, bookshop and bar, the ICA presents an international programme of work across artforms to a wide and diverse range of audiences.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kiln Theatre | London | £4.0m |
| Kent Music | Ashford | £4.1m |
| The Grange Festival | Alresford | £4.0m |
| The Chamber Orchestra of Europe | London | £4.1m |