Question 1

What is the mission of THE NEW ART EXCHANGE LTD?

Accepted Answer

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

Question 2

What is the financial size of THE NEW ART EXCHANGE LTD?

Accepted Answer

THE NEW ART EXCHANGE LTD is classified as a large charity. In the latest financial year, they reported a total income of £1,610,538 and total expenditure of £1,633,227.

Question 3

How does THE NEW ART EXCHANGE LTD allocate its spending?

Accepted Answer

For every pound spent, approximately 87.7% goes directly to charitable activities. The remaining 12.3% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.7%).

Question 4

What is the workforce structure of THE NEW ART EXCHANGE LTD?

Accepted Answer

THE NEW ART EXCHANGE LTD employs 23 staff members and is supported by 0 volunteers.

Question 5

Does THE NEW ART EXCHANGE LTD receive government funding?

Accepted Answer

Yes. Approximately 80.5% of their income comes from government grants or contracts.

Question 6

Does THE NEW ART EXCHANGE LTD pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

THE NEW ART EXCHANGE LTD

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