Arts Professional

26 Jun 2025

DCMS approves Tate’s planned £150m US-style endowment fund

Article
by Mary Stone

In May, analysis by the group Campaign for the Arts found that, in real terms, the government budget allocated to DCMS had seen a drop of 5.9% for 2025/26 compared to the previous year, warning that the cuts were putting cultural institutions such as the Tate at risk.