The value of the cut to the Council means that we will have to impose a 5% cut on our exchequer allocation to your core costs. We will, however, be able to continue to offer you the full amount of our Lottery award towards your programming costs." Here is the effect of the cuts across the sector. You’ll notice that I have added in last year’s figures as well.
The press release on the Arts Council website reported “The good news is that the Arts Council was able to mitigate the effect of this cut to core organisational costs for the overwhelming number of Arts organisations. The Council has ensured that their programming funding is supported by the Arts Council’s National Lottery funds and therefore remains secure."
Extracting good news from The Arts Council’s announcement has the air of “things could be worse”. For 2017/18 exchequer grants for core costs of arts organisations total £8,369,796, while national lottery funding of £4,701,891 supports programming. For the eagle eyed and hyper-mathematical, the figures supplied on the ACNI website press release didn’t quite add up, but we get the general drift, even if the awarding of an additional 50 quid to the Lyric may not feel like much of an uplift to them, considering that others received relatively much more.
The arts need support.