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Home , Amanda Eliasch, Pauline Karpidas, Queen Elizabeth Hall, Southbank Centre

ANNUAL REVIEW Our 60th-anniversary festival embodied IntroductioN everything that strives to do well. Innovative and inclusive, all- In 1951, when the UK had every right to encompassing and artistically excellent, celebrate what we had achieved and colourful and joyful, our celebrations every incentive to anticipate eagerly transformed our venues and public space where we could yet go, millions of and accelerated our transformation into people shrugged off the grey post-war the world’s biggest and best permanent austerity and visited the festival site. Our interpretation of culture site for the . It was goes way beyond performances on a national event, the only light in the stage to embrace food, design, debate, otherwise foggy post-war gloom. architecture, environment, even politics, as cultural phenomena in their own right. Sixty years later, against a similar mood We have worked with an extraordinary of austerity, 2.8 million people visited range of partners this year, to whom we our 60th-anniversary festival in just are enormously grateful. The Eden Project over four months and 400,000 attended turned the once desolate roof of the ticketed or free events. More than 3,000 into a stunning new artists, including musicians, singers, rooftop garden, working with Grounded visual artists, dancers, authors, poets, Ecotherapy, a team of gardeners all conductors, DJs and comedians took part. previously homeless. This gave the public the chance to admire wild flowers, river views and allotments in the centre of . Pirate Technics created Susan, an enormous straw fox who made her den beside the and greeted commuters over . Dishoom built an environmentally friendly pop-up restaurant on a formerly quiet side of our site, serving chai and daal to queues of people. Breaking this new ground has not been achieved at the expense of what has made Southbank Centre so popular in the past. Our pre-eminence as a standard our programme, which goes beyond their bearer for classical music would not be primary role as world class performers in possible without our Resident Orchestras. their own right. The audiences they attract The London Philharmonic Orchestra, are also the people who on their visit to the

Above from left to right: the , the London halls can ‘bump into’ performances and , Artistic Director, Sinfonietta and the Orchestra of the Age discussions and displays that they would Rick Haythornthwaite, Chairman, Alan Bishop, Chief Executive of Enlightenment all play a central part in not normally associate with an evening’s

2 concert going – and become repeat power of the arts to transform lives. visitors to the wider site. From the effect of an encounter with an This eclecticism may be one of the international master such as Lang Lang, reasons Southbank Centre now finds itself to a more intimate interaction with our at the heart of the nation’s cultural life. This Lion and the Unicorn installation, art would not have been possible without the is able to inform, shock, provoke and support, input and encouragement of our inspire. We recognise we are privileged to donors and sponsors who have enabled be in a position where we can influence our site to blossom both artistically and and enrich those encounters; we do not commercially over the past year. We were forget that. So we strive to combine the delighted that MasterCard generously seriousness and importance of our task supported the Festival of Britain 60th of being custodians of this vital heritage anniversary celebrations and will do so site with a sense of playfulness and again for the summer festivals in 2012 and irreverence that has infused it since 2013. We look forward to working closely its creation. The coming years will hold with them. great things for Southbank Centre. We Every individual who donates their time are determined that in six decades’ time or their money to Southbank Centre, no Southbank Centre will still be showing matter how much or how little, is crucial the world the power of the arts at their to our ongoing success, and we owe them life-changing best. a debt of gratitude. Even though we run ourselves as efficiently as possible, we Rick Haythornthwaite, Chairman could still not cover the basic costs of Alan Bishop, Chief Executive maintaining this vast site and opening the Jude Kelly, Artistic Director buildings every day without substantial core funding from . To this end we are pleased to report that the financial results for this year surpassed expectations. Operating income remained similar to the previous year as higher commercial income linked ‘the 2011 southbank to the Festival of Britain celebrations, festival pays tactful and strong ticket sales and an increase in considered respects to fundraising and events offset a reduction the event that acted in public funding. This, coupled with as an inspiration... tried prudent financial management, has and tested entertainers resulted in a breakeven result after a small transfer to reserves. will make it a memorable show. a knees-up in a Above: Southbank Centre’s Finally, a personal note. Over the Riverside Terrace during course of the year, all three of us, together time of austerity.’ the Festival of Britain 60th anniversary celebrations. and individually, have observed the Iain Sinclair,

3 Vision England of £19 million. We earn £9 million WHO WE ARE: per year through our artistic programme To be the world’s most inspiring centre (including income from almost one million We are for the arts. ticket sales) and £11 million through commercial activities. Queen Elizabeth Hall MISSION Annually we have over £3 million to raise and contributions from individuals, trusts, Hayward Gallery To draw everyone possible to this loved foundations and companies are vital to our And 21 acres of public outdoor space site and captivate them through our continued success. unique arts programme and the warmth of our welcome. How We Work We are home to:

Arts Council Collection O b j e c t i v e s Southbank Centre’s heritage is rooted in Saison Poetry Library the 1951 Festival of Britain, which melded 4 Resident Orchestras > To offer life enriching encounters art, design, architecture, food, music, 16 Artists in Residence between audiences and the world’s literature and technology in a glorious great and emerging artists in music, celebration of Britain’s culture. visual arts, dance, performance Today, Southbank Centre is the world’s and literature. biggest and best permanent festival site. Our festivals are designed to provoke > To enable anyone to experience the and inspire. By working with both excitement of exploring their own established and emerging artists, our creativity and artistry through our programme represents the very best in far-reaching programme of learning artistic excellence, whilst never being ‘One of the and participation. afraid to explore big social issues, from capital’s feminism to attitudes to death to the pre-eminent > To welcome the world to the unrivalled UK’s relationship with the world’s visitor experience of our riverside site emerging powers. cultural with its iconic buildings and history and Our work is not just restricted to our centres’ its continuous sense of festival. performance and exhibition spaces. The Guardian We encourage designers, chefs, > To demonstrate successfully that architects and games designers to use commercial entrepreneurship can all the nooks and crannies of our 21- live happily beside the demanding acre site to explore their creativity and requirements of art-making and present our visitors with a unique and profit both. stimulating cultural experience. From

Above: The bandstand, the young ceramicists whose products Southbank Centre Market How We’re Funded are on sale in our Festival Terrace shop Square. Designed by RIBA London architecture to the renowned architects who designed students as part of the Southbank Centre was funded in 2011/12 A Room For London, the temporary Festival of Britain 60th anniversary celebrations. by an annual grant from Arts Council hotel on the Queen Elizabeth Hall roof,

4 to other artists working in different art forms and to members of staff from all departments. The artists’ presence here is part of what makes Southbank Centre a genuinely creative organisation.

Artists in Residence 2011/12:

Mary King – Performer and Director of VoiceLab – Poet Colin Currie – Classical percussionist Marin Alsop – Conductor Olly Coates – Cellist Benedict Johnson – Photographer and film-maker Gauri Sharma Tripathi – Kathak dancer and choreographer Hide and Seek – Game design studio Lea Anderson – Choreographer Lemn Sissay – Poet Mica Levi – Experimental singer, songwriter, composer and producer Bellowhead – Contemporary folk band David Dunkley Gymiah – Videojournalist Martin Bright – Journalist, thinker and founder of New Deal of the Mind Creative Connection – Graphic artists Jeremy Deller – Artist Paul Morley – Journalist Shlomo – Beat-boxer – Visual artists

Projects in Residence 2011/12: ‘One of the Southbank Centre seeks to present the for everyone to discover, enjoy and very best of British and international deepen their engagement with the arts. SE1 United – Youth Forum capital’s Tomorrow’s Warriors – Jazz music education pre-eminent culture to the widest possible audience. These range from hundreds of free events This entrepreneurial approach has not to long-term, structured participation cultural only provided a boost to the careers projects, particularly with local schools R e s i d e n t O r c h e s t r a s centres’ of many young businesses, but also and young people across London. We have The Guardian enabled Southbank Centre to boost our recently made our spaces available to The foundation of Southbank Centre’s financial sustainability and decrease our schools to use as alternative classrooms extensive and wide-ranging classical music dependence on public grants. as part of their formal learning. programme is its Resident Orchestras. We We believe that art is at its best when are very fortunate that four of the world’s it inspires people to learn and encourages Artists in Residence finest orchestras call Southbank Centre them to contribute and take part. Our their home. Together they perform over 150 Learning and Participation strategy is Southbank Centre is proud to have an concerts here each season. fundamentally woven throughout our extended family of Artists in Residence, all artistic programme; it doesn’t stand at different stages in their careers. London Philharmonic Orchestra Above: Appearing Rooms by Jeppe Hein. Interactive alone. It is our policy to make all our Southbank Centre offers artists the time Philharmonia Orchestra fountain installation public spaces as open and accessible as and the space to explore new opportunities between Royal Festival Hall and Queen Elizabeth Hall. possible, in order to provide opportunities in their own work. It also connects them Orchestra of the Age of Enlightenment

5 6 They said... Pull Out All The Stops The H enry M oore F oundation for their PATRONS Coombe Girls’ School Entelechy Arts Poetry Society Hampstead School continued interest and support. Excellence in Southwark Protein Dance SUPPORT FOR Learning and Heston Community School Fabindia Refugee Council Southbank ‘Southbank Centre’s wide-ranging In September 2010 we We had the great pleasure of Marlon Abela Hounslow Heath Infant & Nursery School Festival of Britain Society Refugee Home School Support Project Jo Richardson Community College Find Your Talent Refugee Youth programme – classical, world music, launched a £2.3 million SOUTHBANK working with MasterCard on Festival Richard and Rosamund Bernays participation Kemnel Technology College Foroyaa centre rock, pop, jazz, dance, literature and project to return the of Britain, their first year of a three- Ms Miel de Botton Kidbrooke Secondary School From Here to Maturity Royal Institute of British Architects (RIBA) CENTRE partners Mulberry School for Girls Gaia Nova Royal Society in 2011/12 the visual arts – attracts the most Royal Festival Hall’s year sponsorship and launched the Ivor and Sarah Braka Notting Hill Prep School Greenwich Dance Sadler’s Wells diverse audience of any UK venue.’ magnificent 7,866-pipe J.P.Morgan Signature Series, an Andrea Caratsch St Paul’s Way Hackney Youth Offending Team Scottish Poetry Library To bring our exciting, innovative and We would like to thank all the partners Heart N Soul SE1 United It has been a busy year of world-class Visit London organ to its former glory. annual collaborative partnership Richard Carling challenging work to the greatest that have worked with our Learning further / higher education Hemingway Design Sea Swim art and life-enriching experiences at Thanks to the support of the Heritage between J.P.Morgan, Southbank The Coral Samuel Charitable Trust Goldsmiths, University of London Hide and Seek Serious number of people, Southbank Centre and Participation department over Southbank Centre, including festivals, ‘One of the most attractive cultural Lottery Fund and the public, we are close Centre, National Portrait Gallery and Amanda Eliasch Guildford School of Acting Hip Hop Shakespeare Company Serpentine Gallery relies on income from sponsors, the past year presenting and being King’s College London Historic Royal Palaces Shobana Jeyasingh Dance Company installations, gardens and markets. hotspots in London... The Southbank to reaching our target. National Theatre; we continued our Wendy Fisher Kingston University In Harmony, Siobhan Davis Dance donors and private hires. involved in our programme of free, We are tremendously proud of Centre caters for the widest spectrum In 2011/12, we reached a total of work with Shell on this year’s Classic Eric and Louise Franck London Metropolitan University Independance Small Earth educational and participatory events Queen Mary, University of London IntoUniversity everything we have achieved – and in of people and interests. Recently it £590,000 of support from over 1,900 International series of concerts, Panos and Pauline Karpidas Roehampton University Islington Library Services Southall Black Sisters and activities, including: particular the breathtaking number of has become a go-to destination for people. The public can continue to In 2011/12 our income in these areas welcomed a sponsorship with The Edward and Agnes Lee Southbank University Joy of Sound Southall Story Trinity Laban Conservatoire of Music and Dance Junior Open Southwark Children’s Services people who came to be part of it. foodies too.’ support this project by sponsoring the significantly increased (by 13% on Book People for the Imagine Children’s Rachel Lehmann University of the Arts Kaleid Editions Southwark Library Services Kids Company Southwark Music Services Time Out organ’s 7,866 pipes, ranging from one 2010/11) and we are extremely grateful to Festival and Bloomberg for Women Raffy Manoukian LAMBETH SCHOOLS Arts, education and other Kinetika Spread the Word foot to 32-feet long, with donations from all those who have supported our work. of the World. Louis Vuitton continued Lorcan O’Neill Charles Edward Brooke C.E. Upper School Koestler Trust Streetwise Opera Christ Church C.E. Primary School organisations Kuumba Youth Music Tate ‘ An extravaganza of events, £30 to £10,000. We are indebted to our Circles their support through their Young Ellen and Michael Ringier Manor Primary School Academi: Welsh National Literature Promotion Agency Lambeth City Learning Centre The Cholmondeleys and performances and exhibitions.’ supporters – those new to the Arts Project, and sponsored Tracey Sir David and Lady Sieff Dunraven Secondary School and Society for Authors Lambeth Library Services The Featherstonehaughs Elmwood School AfroReggae Lambeth Music Service The Courtauld Institute of Art on the 60th anniversary of the programme as well as those who have Emin’s exhibition. Per Skarstedt Heathbrook Primary School Alzheimer’s Society Lewisham Library Services The Klevis Kola Foundation I n 2 0 1 1 / 1 2 . . . Festival of Britain shown their ongoing support – and Southbank Centre would like to Monica Sprüth and Philomene Magers Henry Cavendish Primary School Amici Chamber Choir London Drum Circle The Poetry Archive Primary School Apples and Snakes London Forest Choir The Voice Festival our Patrons Groups whose gifts have extend its sincere thanks to all those Sir David and Lady Tang Hitherfield Primary School Arts Alliance London Gay Men’s Chorus Tomorrow’s People > 24.4 million people visited > We were home to 10 major festivals ‘Southbank Centre’s Winter Festival ensured the success of the listed here whose support for the Ms Mercedes Zobel Immanuel & St. Andrew’s C.E. Primary School Asha Project London Lucimi Choir Tomorrow’s Warriors Jessop Primary School Asian Heritage Foundation London Philharmonic Orchestra Udderbelly Southbank Centre’s site has turned the South Bank into a and George Condo exhibitions, Women organisation’s vision has made this Johanna Primary School Attakkalari London Sinfonietta University of the Third Age > Over 300 volunteers gave their time festive spectacular.’ ‘It was packed, sold of the World and the classical music year so successful. A R t i st i c d i r e c t o r ’ s C i r c l e Julian’s Primary School Bandstand Busking London Transport Museum Verbal Arts Centre > 4.6 million people came to Royal Kingswood Primary School BBC Blast Louis Vuitton Victim Support > We directly employed 431 members Telegraph on the Winter Festival out...mobbed. There programme. We owe our gratitude to Festival Hall Lilian Baylis Technology School Beverley Literature Festival Luton Culture Whitechapel Gallery of staff were smiling, kind, the many people who routinely make EVents and private hires Susan Gilchrist Norwood School Big Dance Making Music Wordquake St Stephen’s C.E. Primary School Blackheath Concert Halls Mayhem Theatre Company World Press Photo > We gave a platform to almost 2,000 ‘The leading music venue in the UK .’ wizened old women, donations to Southbank Centre through Rick and Janeen Haythornthwaite > We worked with 51 schools St Leonard’s C.E. Primary School Bournemouth Symphony Chorus Mbawula Writtle Singers new artistic productions, installations, PRS for Music yes, but mostly they our Festival Fund. This year Southbank Centre hosted 172 David and Clare Kershaw St Margaret’s Nursery School Brady Arts Centre Metal Yeast St Saviour’s C.E. Primary School British Council Youth Dance England performances or compositions > We were home to 13 restaurants, We appreciate the Paul Hamlyn private hires including Barclays’ and Marks Dr Christopher and The Lady Juliet Tadgell Mica Gallery were helping six- Sudbourne Primary School (BFI) MLA three shops and a regular market year-old girls glue Foundation’s investment in the & Spencer’s AGMs and the Cloudforce and Richard Thomas Sunnyhill Primary School Bromley Boy Singers National Association for Literature > There were over 1,600 performances Telferscot Primary School Camden Library Services Development (NALD) Voicelab programme, Esmée Fairbairn Centre for London conferences. We proudly n Self-generated income £23.9 million across our stages We supported 21 Artists in Residence, glittery flowers on Primary School Candoco Dance > Foundation whose grant enabled us hosted graduations for London Business DIrector’s circle Wyvil Primary School Casa de Samba National Youth Orchestra of Great Britain n ACE grant £18.9 million four Resident Orchestras and over 100 to a be-crêped coffin Centre for Young Musicians > Almost 1 million tickets were bought to commission The Trial of Dennis the School, their first at Royal Festival Southwark schools New Deal of the Mind other arts organisations at the Natural Death CILIP School Libraries Group New London Children’s Choir to our shows Menace (premiered in February 2012), Hall, UCL Medical School, University of Brian Abel Charles Dickens Primary School Clinks New Writing North Centre’s stall, both Hollydale Primary School Coin Street > We were home to four RPS Music and the Heritage Lottery Fund for Westminster and University of the Arts Jane Attias Open House > 484 free events took place Kingsdale Foundation School Colliers Wood Chorus Orchestra of the Age of Enlightenment Award-winning concerts old and young patched support of Festival ’51 View Points. We among others, the Orange Prize for Fiction Iain Boyd St Peter’s C.E. Primary School Cooltan Arts Paraiso School of Samba St Saviour’s & St Olave’s C.E. School > Over 66,600 people took part in our with accidental glue are very grateful to Diaphonique and Awards, Yakult’s 15th Anniversary, a Deanna Brostoff Dance United Pavilion Dance Delrow Community – Camphill Village Trust People’s Palace Projects Learning and Participation programme and giggles.’ Other schools Opposite: The Lion and Ernst von Siemens Music Foundation London Fashion Week show, a showcase Richard Buxton Duckie Philharmonia Orchestra the Unicorn by Gitta Left: Visitors to Tracey Emin’s Guardian on Death: A Festival who awarded grants to Exquisite event for De Beers and The Woman in Ferdy Carabott Banbridge Academy Ealing Youth Orchestra Poejazzi Gschwendtner, which paid Above right: Beach huts > There were over 5 million visits to ‘Love Is What You Want’ at Brentside High School East London Dance Poems on the Underground homage to the original 1951 designed by artists, poets, the Hayward Gallery. for the Living Labyrinth: Music of Pierre Boulez, and Black film premiere. Sir Ronald and Lady Cohen Camden School for Girls English National Ballet Poetry Book Society Lion and Unicorn Pavilion. comedians and others. our website

9 10 7 8 Death: A Festival for the Living Thursday 19 – 29 January 2012 George Condo: Tracey Emin: Mental States PHILOSOPHERS, DOCTORS, PERFORMERS 1 – 28 April 2011 Intelligent London Is The Love is What You Want AND ORDINARY PEOPLE GATHERED Movement: Place for Me: Ray Davies’ Pipilotti Rist: TO EXAMINE DEATH AND ITS THE TENTH BIRTHDAY 18 May – 29 August 2011 ROLE IN THE NATION’S OF OUR FESTIVAL OF A Celebration of A Celebration of Friday 10 – Sunday 19 June 2011 Eyeball Massage Hip-Hop Culture Black British Music THE FIRST MAJOR CULTURAL LIFE. THE AVANT GARDE. LEAD SINGER AND RHYTHM 28 September 2011 – SEMINAL MOMENTS OF BLACK SURVEY OF ONE OF EXPLORING THE BRITISH MUSIC, THROUGH THE BRITAIN’S BEST-KNOWN GUITARIST WITH THE 8 January 2012 FOUR PILLARS PRISM OF THE CAPITAL’S MULTI- CONTEMPORARY ARTISTS. KINKS, RAY DAVIES OF HIP-HOP: CULTURAL EXPERIENCE. CURATED THIS YEAR’S MAJOR RETROSPECTIVES Chorus! Lang Lang B-BOYING, MELTDOWN PRESENTING OF TWO FASCINATING CHOIRS AND SINGERS FROM Inspires MCING, DJING UNMISSABLE MUSIC, CONTEMPORARY 10 – 26 February 2012 ACROSS THE UK EXPLORED LANG LANG AND GRAFFITI. COMEDY, POETRY AND ARTISTS, CHALLENGING THE CONNECTION BETWEEN PERFORMS FOUR NOTIONS OF WHAT IS READINGS, MUSIC SINGING AND WELLBEING. EXTRAORDINARY MUCH MORE. AND WORKSHOPS CONCERTS NORMAL. CULMINATING IN 100 FOR EVERYONE OPENING WEEKEND YOUNG PIANISTS FROM SIX-MONTH- ON 50 PIANOS OLD BABIES TO JOINING HIM ON TEENAGERS. LONDON THE STAGE. IN LOVE THESE LANDS ARE OUR LANDS SEASIDE WEEKEND

MUSEUM OF ‘51 London WEEKEND Jazz POWER AND LIBERTY FESTIVAL PRODUCTION WEEKEND Festival London David Shrigley: 11 - 20 Brain Activity Literature November 2011 Festival Stewart Lee’s London Guitar IN ASSOCIATION WITH Jeremy Deller: Austerity Binge Festival LAST BIG SING 15 – 25 April 2011 CHALLENGING IDEAS, BBC RADIO 3, THIS YEAR’S Joy in People CELEBRATING THE BEAUTIFUL POETRY AND FESTIVAL SAW AMAZING the Winter Festival Friday 9 – Sunday 11 IDEAS OF BRITISHNESS PLENTY OF INSPIRATION PERFORMERS, PREMIERES, 1 February – 13 May 2012 EXPRESSED THROUGH BRITISH HISTORY OF LAND WEEKEND March 2012 EXAMINING INDIA AND THE GUITAR. AT OUR ANNUAL SPECIAL COMMISSIONS, 2 December 2011 - 11 February2012 ALTERNATIVE MUSIC SUMMER LONDON RETROSPECTIVES OF TWO ARTISTS THE SUB-CONTINENT’S COLLABORATIONS AND TRANSFORMING THE SITE INTO A WONDERLAND, THIS OUR ANNUAL CELEBRATION OF AND COMEDY. LITERATURE FESTIVAL. NUMEROUS FREE CONCERTS. WHO HAVE RE-WRITTEN THE RULES Southbank CHANGING CULTURAL AND FESTIVAL WAS PACKED WITH PERFORMANCES, SOCIAL OF CONTEMPORARY ART. THE FORMIDABLE STRENGTH AND ECONOMIC LANDSCAPE, DANCES, MARKETS AND DELICIOUS FOODS AS WELL AS INVENTIVENESS OF WOMEN. centre AND THEIR RELATIONSHIP MAGICAL FAMILY-FRIENDLY PERFORMANCES. 2011/12 MAp WITH THE UK. Carole and Neville Conrad Cathy and Mark Corbett Mr and Mrs Saeb Eigner Fine Family Foundation Eric and Louise Franck Emily and Horacio Furman Paul Gambaccini Jacqueline and Michael Gee Lee Hall and Beeban Kidron Louise Hallett Dorothy Hambleton Sheila Hayman Fionnuala Hogan Alexandra Joffe Donovan Kelly and Ann Wood Sybil and Herbert Kretzmer OBE Angie and George Loudon The Maplescombe Trust Carmen Marrero John McLaughlin Mr and Mrs E Scott Mead Alex Noyer Kathrine Palmer The Ruddock Foundation for The Arts MasterCard The D’Oyly Carte Charitable Trust Anand and Lena Saggar Russell-Cooke Solicitors The Henry Moore Foundation Jonathan Silver Shell The Westminster Foundation Harry Simpson Sotheby’s And all those who wish to Michael and Andrèa Stewart The Book People remain anonymous Marina Vaizey Helen Webb Trusts and Foundations ‘Climb the winding Corporate Supporters Canada House Arts Trust stairway to the roof Ernst von Siemens Music Foundation garden on top of the Bloomberg Esmée Fairbairn Foundation queen elizabeth hall. British Land Diaphonique, Franco-British fund for There, up above concrete Clifford Chance LLP contemporary music geometry, you’ll find a Eversheds LLP Heritage Lottery Fund Google Institut Français SHELTERED SUN-TRAP, AND J.P. Morgan Paul Hamlyn Foundation SOMEWHERE LUSH, GREEN JTI Pro Helvetia AND GROWING.’ Above right: The Roof Garden at Queen Elizabeth Hall. Louis Vuitton The Austin and Hope Pilkington Trust Francine Raymond, The Telegraph

11 operating Statement Finance Year ended 31 March 2012 2012 2011 £’000 £’000 The financial results for this year Income surpassed expectations. Operating Arts Council revenue grant 18,912 22,763 income remained similar to the Activities for generating funds (including 14,633 11,979 previous year despite a reduction in voluntary & interest income) the Arts Council England revenue Income from artistic activity 8,563 7,791 grant thanks to an increase in commercial income linked to the Total operating income 42,108 42,533 Festival of Britain celebrations and strong ticket sales. This, coupled with Expenditure prudent financial management, has Costs of generating funds 6,888 6,172 resulted in a breakeven result after Costs of charitable activities 34,772 35,894 a small transfer to reserves. Governance 327 321

Total operating expenditure 41,987 42,387 The figures in this report were extracted from Southbank Centre’s full financial Net transfer to designated funds (121) (146) statements. The audit opinion of the

Comptroller and Auditor General on the Operating surplus – – annual financial statements for the year ended 31 March 2012 was unqualified. The financial statements should be consulted for a full understanding of B a l a n c e S h e e t the results of Southbank Centre and As at 31 March 2012 2012 2011 of its financial position. A copy may be £’000 £’000 downloaded from southbankcentre.co.uk or obtained from the Finance Department, Fixed assets 280,245 286,435 Southbank Centre, Belvedere Road, Current assets 10,921 13,435 London, SE1 8XX. Current Liabilities (11,278) (17,259) Creditors: amount falling due after one year (20,693) (23,779) Pension plan liability (4,796) (3,036)

Above right: Helmand, a series of Photographs by Net assets 254,399 255,796 Robert Wilson, exploring the harsh realities of life amid Afghanistan’s conflict zone. Financed by: Opposite: Children playing 50 Unrestricted funds 254,088 255,531 pianos on the Royal Festival Hall stage during the Massed Restricted funds 311 265 Piano event, part of the Lang Lang Inspires weekend. Total funds 254,399 255,796

12 13 14

Staff &

board

Executive Team senior Artistic Team Board

Alan Bishop, Chief Executive Jane Beese, Head of Contemporary Music Rick Haythornthwaite, Chairman Jude Kelly OBE, Artistic Director Martin Colthorpe, Robin Woodhead, Deputy Chairman Acting Head of Literature and Spoken Word Vicky Cheetham, Nihal Arthanayake Director of Arts Administration Marshall Marcus, Dame Vivien Duffield Head of Music (until November 2011) > Richard Hawley, maternity cover Susan Gilchrist Wendy Martin, Steve Eames, Deputy Finance Director Head of Performance and Dance Brent Hansen Sarita Godber, Gillian Moore MBE, Fionnuala Hogan Director of Human Resources Head of Classical Music David Kershaw > Richard Black, maternity cover Ralph Rugoff, Molly Jackson, Director of the Hayward Gallery Finance and Commercial Director Cornelius Medvei Shân Maclennan, Creative Director, Ursula Owen OBE Learning and Participation Jamie Ritblat Catherine Mallyon, Maggie Semple OBE Deputy Chief Executive Mike McCart, Director of Partnerships and Policy Rebecca Preston, Director of Development Mark Rushworth, Property Director Edward Venning, Director of Communications and Marketing

Opposite: Billy Bragg’s Big Busk.

15 Southbank Centre manages Royal Festival Hall, The Hayward Gallery, Queen Elizabeth Hall and Purcell Room, as well as Saison Poetry Library, the Arts Council Collection and Hayward Touring Exhibitions on behalf of Arts Council England.

Southbank Centre Belvedere Road, London SE1 8XX Telephone: 0844 875 0073 www.southbankcentre.co.uk

Registered Charity No. 298909

Cover and main inside images © Belinda Lawley Centre fold Imagine illustration © Chris Madden / Eye Candy Red Antipodular Portrait, 1996 © George Condo. Image courtesy the artist Centre fold illustrations © Southbank Centre