Over half of the UK’s art and cultural venues are at risk of closing due to the pandemic, a new study has shown. The new report, published by the University of Sheffield, University of Kent and Chartered Institute of Fundraising, analyses the impact of Covid-19 on arts and culture fundraising.
As money dried up over the last 12 months, those working in museums, live music venues, theatres, community centres and sites of historical interest argue they face the prospect of closure without further financial support. The unique study comes amid fears that the capital’s cultural icons such as St Paul’s Cathedral could close to tourists, as the historic venue faces its worst financial crisis in 300 years.
Spearheaded by the academic institutions, ‘Dealing with the crisis: Creativity and resilience of arts and cultural fundraisers during Covid-19’, was published today.
The pioneering study looked at how arts and cultural fundraisers adapted to the challenges presented by the pandemic. Four in five respondents said fundraising had decreased during the pandemic with nearly half saying social restrictions have meant many of their revenue-generating programmes had been postponed.
A huge 89 per cent said supporting organisations unable to access emergency funding was important. The research, however, said the pandemic did inspire new approaches to fundraising over the past 12 months.