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Our £16m Arts & Culture Impact Fund provides affordable repayable finance for socially driven arts, culture and heritage organisations registered and operating in the UK.
Research
Financial Resilience and the Arts Impact Fund
An interim report asking: To what extent does the experience of the Arts Impact Fund support its objective of improving the financial resilience of arts & culture organisations?
The Arts Impact Fund was created with the ambition of empowering the cultural and creative sector to achieve its social and artistic aspirations through building financial resilience via access to dedicated, flexible and affordable repayable finance. This thesis, authored by Figurative’s Rachel Green in March 2022 as part of a Master in Cultural Leadership, undertook an interim evaluation of this objective, testing the hypothesis that a loan from the Arts Impact Fund contributed to the improved financial resilience of its investees, using rigorous quantitative and qualitative analysis. The results, comparing the pre and post loan periods for each organisation, support the hypothesis and therefore help to endorse the Arts Impact Fund’s mandate.
Download the report.
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