Arts Council England Announced Funding Plans for 2015-18

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.

The full list of organizations in new national portfolio can be found at the following link: http://www.artscouncil.org.uk/funding/our-investment-2015-18/national-portfolio/new-portfolio/

To find out more about Arts Council England's funding announcements and explore the 2015-18 portfolio in depth, visit: artscouncil.org.uk/investment

The fact sheets on Arts Council England's fact sheets on its investment plan is reproduced below.