The trustees have the power to apply income or capital to the purchase of pictures, prints, sculptures, books, works of art as the trustees consider to be of national, scientific, historic or artistic interest in connection with city of lincoln. The ownership of items purchased to be transferred to the city, such items to be exhibited in the usher gallery or such other place in the city.
Standard reporting tier
This charity files the simpler annual return required of organisations under £500k income. Income totals, year-on-year growth, government reliance, and salary band data are available. The detailed accounts breakdown — reserves, asset/liability split, expenditure ratios — is not.
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