Tate is funded by Grant-in-Aid from Parliament, provided through the Department for Culture, Media and Sport. Tate supplements this grant through other sources, including trading, admissions, donations and sponsorship. We now generate 59% of our general income from sources other than Grant-in-Aid.
These financial statements are summarised from the full audited accounts which can be accessed at About Tate: Funding. Tate has followed the Statement of Recommended Practice (SORP), Accounting and Reporting for Charities.
