£ 262million awarded for second round of Culture Recovery Fund | New

1,200 organizations that had previously not received Culture Recovery Fund awards are among those receiving a share of £ 262million distributed by Arts Council England (ACE) in the second round of the program.

A total of 2,272 cultural organizations will receive grants, and another 476 heritage organizations will share £ 44 million through the National Lottery Heritage Fund.

BFI, the British Film Institute, will distribute £ 6.5million to 94 independent cinemas.

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ACE’s prices range from £ 8,000 for the Lounge Bar in Hampshire to £ 1.9million for the York Archaeological Trust for Excavation and Research.

Almost 70% of grants are worth £ 100,000 or less. Only 10 awards were for £ 1million or more, and half of those organizations also won the first round of awards last year.

The second round of funding was initially expected to exhaust the £ 1.57 billion fund announced last year, but there is now £ 300million more than last month’s budget distribute.

From survival to renewal

While the first round of grants aimed to ensure the immediate survival of organizations, this second tranche aims to support their recovery.

In total, nearly 3,250 organizations received awards under the ACE program. Over 1,200 who did not receive funding in the first round have now received grants.

The Glastonbury Festival, which has lost millions of dollars by canceling its in-person event two years in a row, will receive £ 900,000 for two smaller events in 2021 and funding to keep it going until 2022.

West End theater operator Nimax Theaters briefly reopened its six theaters in October, as it expected to suffer a loss. It will also receive £ 900,000 for deep cleaning, Covid testing equipment and staff training as it prepares to reopen.

Towersey Festival, which voiced shock and disbelief after failing in the first round of the CRF, has now received £ 104,000.

Others received grants in both cycles of the program. These 1,041 organizations represent a third of all grant recipients and shared almost half of the £ 689million total.

Among them is Camden’s Roundhouse, which was awarded £ 1.5million to reopen to live events, in addition to a £ 775,000 grant in the first round.

The Yvonne Arnaud Theater Christmas production of Frozen replaced its annual pantomime but was shortened due to level 3 restrictions and the theater has been closed ever since. He will receive £ 458,000, having received £ 248,000 in the previous round.

Loan financing

£ 81million – 20% of all second round funding – comes in the form of loans.

The Lowry and Sadler’s Wells, who each received a £ 3million grant in the first round, were offered £ 7.3million and £ 4.25million in loans respectively.

Shakespeare’s Globe also won a £ 3million grant in the first round. He has now been offered a £ 3million loan.

The Shakespeare’s Birthplace Trust, a self-funded charity, is in the same situation. His £ 3million loan will secure its immediate future and support its recovery following the loss of £ 17million in business income in 2020 and 2021 due to the impact of the pandemic on tourism.

Supply chain issues

DCMS says that awards have been given to as many art forms and organizations as possible, including “vital supply chain organizations for live performances.”

These include Lamp and Pencil, which is building a technical infrastructure for productions and has received £ 120,000. White Light Limited, which supplies technology and control systems to event companies and cultural institutions, will receive £ 1million.

Others were not so lucky. Organizations classified as “non-discipline specific” – nearly 10% of first round winners but less than 5% of second round winners – include cultural sector suppliers.

Concerned that the second round CRF grants did not reach the live events supply chain, member body Plasa launched a survey to assess how these organizations benefited from this fund. The data collected will be presented to the government to demonstrate the level of support for this part of the arts ecology.

Unsuccessful applicants in need of assistance are invited to apply for new restart grants worth up to £ 18,000 through their local authorities.

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