Arts Council England has announced its intended spending for 2018 – 2022.
£622 million per year will be spread across the National Portfolio, Grants for Arts and Culture and strategic funds, while the National Portfolio application portal for the arts and culture sector will open on 26 October 2016.
- There will be an increase of £37 million per annum for spending outside of London, from £409 million overall available each year for the National Portfolio. There is a target in place to increase proportion of this budget spent outside the capital.
- An extra £10 million per year (£87.5m overall) will go to Grants for Arts and Culture. These grants will be open to museum activity for the first time as well as supporting individual artists, community and cultural organisations.
- Strategic funds remains at around £125 million and will continue addressing sector gaps by enhancing diversity and increasing art and cultural activity in areas with low engagement.
Darren Henley, Chief Executive of Arts Council England says: “We’ve planned a budget that lets us reach more people in new ways. 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."
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