Arts & Culture Finance is now part of Figurative

Francis Runacres

Trustee

Francis started his career at PricewaterhouseCoopers in 1982, spending most of his time there in the corporate recovery department specialising in helping organisations in the not-for-profit sector facing financial difficulties.

Francis moved to the Arts Council in 2000 and helped design and run a number of major grant programmes including the Stabilisation Programme, which provided funds and support to a number of major arts organisations facing severe financial, governance and operational problems.

In 2017 he became the first Executive Director, Enterprise and Innovation at the Arts Council with a brief to help arts organisations become more entrepreneurial and encourage the use of non-grant finance in the sector.

During the COVID-19 pandemic, he helped design and run the DCMS funded Cultural Recovery Fund loan programme that supported a number of the most significant cultural organisations in the country including the Royal Opera House, Historic Royal Palaces and English Heritage.