A year in our life... 2012/13 Patron Trustees Art Fund staff 2012 Charlotte Mullins Her Majesty the Queen Caroline Butler Elinor Andrew Rosalie Neath Chairman Richard Calvocoressi CBE Linda Ashworth Emmie Payne David Verey CBE Professor Michael Craig-Martin Angelina Bacon (until July 2012) Treasurer RA CBE Jessica Bray Sarah Philp Paul Zuckerman Dame Liz Forgan Rachael Browning Dan Pickford Director Philippa Glanville FSA Caroline Bugler (until June 2012) Stephen Deuchar CBE Professor Chris Gosden (until August 2012) Chloe Priest Antony Griffiths FBA Penny Bull (until November 2012) Alastair Laing FSA Kanchan Chudasama Dennie Ranson James Lingwood MBE Lizzie Clark (until October 2012) Christopher Lloyd CVO Zanna Clarke Katy Richards Jonathan Marsden LVO FSA Cathy Cobley Beth Rivers Sally Osman Catherine Corbet Milward Amy Ross Professor Deborah Swallow (until January 2012) Moe Shimizu Professor Lisa Tickner FBA Stephen Deuchar Alyssa Taffet Professor William Vaughan FSA Victoria Diaz-Vilas Paul Tourle (until July 2012) Michael G Wilson OBE Ali Fletcher Kara Webster (until July 2012) Quintilla Wikeley Kerstin Glasow Liz Workman Catherina Gray Sally Wrampling Katherine Harding Carolyn Young Alice Hargreaves Val Young Sophie Harrison Steve Hopkinson Interns Annie Howland (3–6 month placements) (until April 2012) Leia Clancy Caroline Hunt Lucie Ellis Charlotte Jennings Poppy Goodheart Edward Knight Jenny Harris Tom Lydon Emma Mills Andrew Macdonald Ellie Moss Rebecca Maude Gabby Okon Debbie McDonnell Ruth Piper Beth Meade Julia Scott Catherine Monks Jack Spearing (until October 2012) Contact details Art Fund offices Supporter services The Art Fund is a charity Millais House The Art Fund registered in England 7 Cromwell Place PO Box 3678 and Wales (209174) London SW7 2JN Melksham SN12 9AP and Scotland (SC038331) T 020 7225 4800 T 0844 415 4100 F 020 7225 4848 E [email protected] E [email protected] www.artfund.org @artfund facebook/theartfund Cover image and all full-page Cover image: Ola Kolehmainen, portraits by Philip Sinden Shadow of Church, 2006, © Philip Sinden The New Art Gallery Walsall and Birmingham Museum and Art Gallery, ArtFunded 2010, on display as part of ‘Metropolis: Reflections on the Modern City’ at Birmingham Museum, an exhibition of works of art bought through Art Fund International Annual Report and Accounts 2012 Contents 2 Chairman’s welcome 4 A year in our life 5 Report of the board of trustees 6 Thank you to… 7 Report of the board of trustees 8 Bringing the best of art and museums together in 2012 10 Supporting curators 12 Working with artists 14 Our members and supporters 16 Helping to make the most of art 17 National Art Pass 18 The year ahead and beyond 20 Catalogue of acquisitions 57 Financial Review 60 Consolidated statement of financial activities 59 Consolidated balance sheets 60 Consolidated cash flow statement 61 Notes to the consolidated financial statements 71 Structure, governance and management 72 Objectives, activities, and public benefit 73 Statement of responsibilities 74 Independent auditors’ report to the board 75 Reference and administrative details 76 Our thanks to... Chairman’s welcome The past year has been one of of the National Art Pass as a and the Art Fund’s role is the most active in the Art Fund’s primary tool for encouraging pivotal in bringing museum history. As our broadening visits to museums has become visitors together en masse programme of support to a key priority. to help. By the end of 2012 museums and galleries The National Art Pass – we had over 95,000 members, throughout the UK unfolded, an integral part of Art Fund including 3,400 with an we paid out £6.3 million in membership – is a vital source Under 26 National Art Pass, grants to assist the purchase of income for us; indeed, an increase of 10 per cent of works of art, oversaw the it is central to our ability to on the previous year. Sales transfer of one of the most support museums. It provides of the National Art Pass, remarkable collections of Italian the resources from which legacies, one-off and regular Baroque art from private hands we can offer grants, the pool donations, all provide crucial into six UK museums, and of donors to whom we can financial support. extended our support for touring appeal when extra funds At the centre of our work exhibition projects which shared are needed, and it draws lies the guidance of the Art newly acquired works with visitors directly to art across Fund board of trustees who audiences across the UK. the country. Members and have committed their time, All this has been achieved museums benefit together. advice and wisdom to our against a backdrop of difficult Its first full year brought in programme throughout the economic circumstances. income of £4.1 million, a year. I am privileged to chair Funding cutbacks across the significant increase on 2011. such a dedicated and expert museum sector have led to There are an estimated group. I also want to extend increasing demand for Art 100 million visits made to my thanks to the talented Fund support. Where we this country’s museums and Art Fund staff who are behind can, we help – not only with galleries each year, and three this thriving organisation, acquisitions and exhibitions of the UK’s top five tourist and most crucially, to all the but with the development of destinations are museums. members and supporters curatorial expertise and the Our supporters understand who make our work possible. encouragement of curatorial that these institutions need ambition. Moreover, we are regular and significant David Verey CBE helping museums to promote financial support just to Chairman their programmes and bring in keep going – even more new visitors. The development to develop and flourish – Tal Shochat, Persimmon (Afarsemon), 2010–11, from the Art Fund Collection of Middle Eastern Photography at the British Museum and Victoria and Albert Museum, London © Tal Shochat Facing page: detail from Guido Reni, The Rape of Europa, c. 1637–9, National Gallery, London. Presented by the trustees of Sir Denis Mahon’s Charitable Trust through the Art Fund 2 3 January February A year in our life A view in watercolours Titian’s Diana and Callisto of Brighton by J. M. W. Turner, is secured for the public with lost from public view for 100 a contribution of £2 million years, finds its way home and from the Art Fund – our into the collection of the city’s largest-ever grant towards Royal Pavilion a single work of art Art Fund director Stephen Deuchar on the partnerships that made 2012 and his highlights from the year Everything we achieve depends on, and derives from, working in partnership with others – from our thousands of members and supporters to the dedicated J. M. W. Turner, The Chain Pier, Brighton, trusts, foundations and sponsors c. 1824, The Royal Pavilion, Brighton, that help to finance our work. ArtFunded 2012 We back our museum partners’ Titian, Diana and Callisto, 1556–9, ambitions to develop world- National Gallery, London, and National Galleries of Scotland, Edinburgh, class collections and share them ArtFunded 2012 with people across the UK, and in turn they form our growing network of museums offering free and discounted entry to members through the National Art Pass. We also work alongside others to influence, change and improve the political and financial climate within which museums operate. Members and supporters, museums and their visitors, directors, curators, artists, collectors, politicians, commentators: these are the Art Fund’s partners. Together we did great things in 2012. July August We begin our campaign to save Edouard Manet’s Portrait the Wedgwood Collection from of Mademoiselle Claus is being sold secured for the Ashmolean Museum in Oxford after almost £8 million is raised by the export stop deadline; the Art Fund gives £850,000 Josiah Wedgwood and Sons Ltd, The Portland Vase, c. 1790, Wedgwood Collection, Stoke-on-Trent Edouard Manet, Portrait of Mademoiselle Claus, 1868, Ashmolean Museum, Oxford, ArtFunded 2012 4 March April May June We launch our Art Guide Alison Watt’s Self-portrait is Our annual celebration of Thanks to Art Fund support, app for smartphones, the bought by the Scottish National craft takes place as we give Rachel Whiteread’s Tree of Life comprehensive guide to Portrait Gallery with an Art Fund curators the chance to win is unveiled on the facade of accessing great art across grant; the campaign to secure part of a £75,000 challenge the Whitechapel Gallery in east the UK Yinka Shonibare’s Nelson’s fund to buy a new object London, just before the Olympics; Ship in a Bottle for the National at the Collect craft fair the Royal Albert Memorial Maritime Museum reaches in London Museum in Exeter wins the Art a successful conclusion Fund Prize for Museum of the Year Art Guide app Julian Opie, Kris and Verity Walking, 2012 © Julian Opie A detail from Rachel Whiteread’s frieze, Alison Watt, Self-portrait, 1986–7, Tree of Life, 2012, a Whitechapel Gallery Scottish National Portrait Gallery, commission created with the support Edinburgh, ArtFunded 2012 of the Art Fund © Alison Watt. Photo: Antonia Reeve © The Artist. Photo: Guy Montagu-Pollock Suiko Buseki, Crane Dance, c. 2011, National Museum of Scotland, Edinburgh, purchased from Collect in 2012 © Mark Crick September October November December An important painting by News that Tower Hamlets Council After a two-month fundraising The judges for the Art Fund rediscovered 1960s British plans to sell off Henry Moore’s campaign raising a total Prize for Museum of the Year artist Pauline Boty is bought ‘Old Flo’ goes public and the of £3.9 million, Nicolas 2013 are announced by Wolverhampton Art Gallery Art Fund begins a campaign Poussin’s Extreme Unction with our help to prevent the sale is secured for the Fitzwilliam Museum, Cambridge Henry Moore, Draped Seated Woman, 1957–8 Nicolas Poussin, Extreme Unction, Art Fund Prize for Museum of the Year c.