Funding
Tate is an exempt charity that receives some of its funding from the Department for Culture, Media and Sport (DCMS).
Tate is accountable to the public via Parliament for the services it provides and as such, is required to demonstrate that it is conducting its operations as economically and effectively as possible.
The framework outlining Tate's links with the DCMS in ensuring the compliance with a range of statutory requirements is laid out in the following two documents:
- Tate's Funding Agreement [PDF, 138KB]
- The Management Statement and Financial Memorandum [Word, 225KB]
Tate supplements the grant it receives from the DCMS through other sources, including trading, admissions to temporary exhibitions and to Tate St Ives, and sponsorship. In 2008/9 we generated over 60% of our income from non-government sources. View Tate's Annual Accounts and Annual Reports.
Tate has ambitious plans for the future, including Transforming Tate Modern and the National Art Collections Centre. This means we’re aiming high with our fundraising targets and depend on funding from a wide range of organisations, businesses and generous individuals. Find out more about how to support Tate.