Find out about the governance of Southbank Centre and how we are funded.
We are a national arts organisation and a registered charity. We receive 40% of our funding from Arts Council England. The rest of our income comes from ticket sales (although a high proportion of our artistic programme is free), commercial partnerships, sponsorships and individual donations.
A cornerstone of our festival approach is the integration of commercial entrepreneurship with the arts, which has seen our self-generated income increase steadily over the last five years. Today it makes up 58% of our total income – compared to 43% in 2010 – and helps fund our extensive free programme.
In 2014/15 our commercial ventures and partners continued to generate almost a quarter of our total income. These include our design-led Southbank Centre Shops, 14 leasehold restaurants, cafes and bars, and our longstanding partnership with Underbelly Ltd. Our thriving Membership programme also showed a 9% increase in income.
As a registered charity, we could not continue to develop our artistic programme without generous contributions from the companies, individuals, trusts and foundations and audience members who generously supported our work in 2014/15.
And of course, it would be impossible to maintain this complex 21-acre site without the substantial funding provided by Arts Council England.
Download the 2013/14 Annual Review
Southbank Centre is a Charity Registered in England and Wales number 298909. Its trustee is Southbank Centre Limited, a company limited by guarantee registered in England and Wales number 2238415. VAT Registration Number 905 0284 52. Registered office: Southbank Centre, Belvedere Road, London, SE1 8XX, England.