ORGANISATION & FUNDING

• Introduction
• Tate Organisation
• Trustees, advisors and committees
  • Subcommittees
  • Trustees, Charities and Subsidiaries
• Staff
  • Tate Britain
  • Tate Modern
  • Tate Liverpool
  • Tate St Ives
  • Director's Office
  • Collection and Programme Services
  • Development
  • Resources
  • Operations
  • Tate Media
  • Tate National
• Funding
  • Sponsors
  • Patrons
  • Tate Members
  • Tate Enterprises
  • Tate Catering
• Financial Review
  • Income
  • Self-generated Income
  • Operating Expenditure
  • Capital Expenditure
  • Statement of Financial Activities
  • Consolidated Statement of Financial Activity
  • Consolidated Balance Sheet
• Donations, gifts, bequests, sponsorships
  • Tate Britain and Tate Modern
  • Tate Liverpool
  • Tate St Ives
• Acquisition prices and value of gifts
  • Purchased works of art
  • Gifts

Consolidated Statement of Financial Activity

•   General
  2006–7 Buildings
  2006–7 Works of art *
  2006–7 Total funds
  2006–7 Total funds
  2005–6
• Incoming resources £000 £000 £000 £000 £000
• Donated works of art - - 3,874 3,874 5,975
• Other voluntary income
  (includes donations and public-sector grants) 3,771 3,000 7,459 14,230 10,671
• Trading income 25,274 504 1,702 27,480 25,515
• Other activities for generating funds (includes sponsorship and events income) 6,265 - - 6,265 6,589
• Investment income 1,810 5,264 585 7,659 7,385
• Grant-in-Aid 30,724 3,400 - 34,124 31,799
• Income from charitable activities 5,627 - - 5,627 6,795
• Other income from charitable activities 1,598 50 - 1,648 2,232
• Other income 577 - - 577 660
• Total incoming resources 75,646 12,218 13,620 101,484 97,621
• Resources expended
• Costs of generating voluntary income (example donations) 3,094 31 43 3,168 3,206
• Trading costs 22,938 403 - 23,341 21,802
• Other costs for generating funds (example costs of general sponsorship) 2,494 22 - 2,516 2,359
• Investment management costs 12 - 32 44 43
• Charitable activities: public programme 35,528 - - 35,528 32,773
• Charitable activities: support costs 10,209 11,498 - 21,707 22,448
• Governance costs 587 1 4 592 568
• Other costs 578 - - 578 553
• Total resources expended 75,440 11,955 79 87,474 83,752
• Net incoming resources
• Net incoming resources before transfers 206 263 13,541 14,010 13,869
• Transfer between funds 149 383 (532) - (27)
• Net incoming resources after transfers 355 646 13,009 14,010 13,842
• Gain / (loss) on investment assets (1) - 175 174 2,554
• Gain / (loss) on revaluation of tangible fixed assets - 5,906 - 5,906 19,890
• Net movement of funds 354 6,552 13,184 20,090 36,286
• Funds brought forward at 1 April 2006 11,019 356,999 79,519 447,537 411,251
• Funds carried forward at 31 March 2007 11,373 363,551 92,703 467,627 447,537

*Including endowments

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