Arts Council Settlement for QUAD Announced
QUAD received positive news regarding their Arts Council England national portfolio funding settlement today (30 March 2011).
The provisional award is for a three year funding agreement which represents a 3% increase over the period as compared to the current level of funding.
QUAD Director Keith Jeffrey said;
"We are extremely appreciative to ACE for their continued support and take this as a recognition of the quality of work and success that QUAD has achieved since opening.
This settlement will secure QUAD's future and we recognise that this must have been an extremely difficult decision for ACE in the most difficult funding circumstances in living memory.
Although this settlement shows an increase, it is less than we hoped for. Our immediate concern is whether we can maintain levels of investment in FORMAT to maintain its incredible success."
In the provisional settlement information provided by ACE, QUAD were praised for their diligent management and governance structures as well as their continued and growing excellence in the delivery and creation of Artistic and Participatory programmes.
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