Arts Council England announced the National portfolio of arts organizations and Major partner museums for 2015-18 on July 1, 2014.
Highlights from Arts Council England’s investment plans for 2015-18 include:
A new National portfolio of 670 arts organisations (NPOs) and 21 Major Partner Museums (MPMs). 46 arts organisations will join the portfolio and 58 leave. 5 new museums are added to the portfolio ensuring a wider geographic spread
The investment in NPOs for 2015/16 will be £339.5 million, compared to £341.4m in 2014/15. The Major partner museum budget has increased to £22.6 million in 2015/16 from £21.5 million
The Strategic funds will reduce to £104 million per annum in 2015/16, from £153 million in 2014/15
The Grants for the arts budget will increase to £70 million per year from 2015-18, from £63 million a year in 2012-15
Check out the Guardian’s live coverage of Arts Council England's Funding Decision for 2015-2018. Also included in this live blog are the aggregated online reactions from the affected arts community. You can watch the recorded press conference here.