Annual Report

2008

Trustees

Sue Cave, Jeremy Cunningham, Susanna Graham-Jones (Acting Chair), Carolyn Gulliver, Mark Hofman and Sarah Verney Caird.

Finances

The Exuberant Trust

Income & Expenditure as at 31st December 2008

	Annual	Cumulative
Income	£	£
Donations/Concerts (inc. £10,000 donation for PF)	13,319	37,222
Tax Rebate	538	1,666
Total Income	13,857	38,888
Expenditure
Concert Expenses	180	1,701
General Expenses	160	1,123
Total Expenditure	340	2,824
Net Income Before Grants	3,517	36,064
Grants Made	7,090	18,873
*Loan made to Pavillion Fund (2008, from PF donation)	10,000	10,000
Net Income	-3,573	7,191
General Expenses as a percentage of Total Income	1.15%	2.89%

Grants awarded as at 31st December 2008

Awards totalling £7,090 were made to 16 young artists from Oxfordshire in 2008. The grants were given to 3 instrumentalists, 3 composers, 3 singers, 2 dancers, a rock band, a chamber group, a fashion designer, an actor and a jeweller, as summarised below:

Jeweller - to help pay for equipment. £500

Flautist - to help pay for Junior Guildhall. £350

Fashion designer - to help pay for a course. £350

Dancer - to help with production expenses. £500

Actor/director - to help with IT costs. £500

Jazz pianist - to help pay for recording cost. £500

Composer - to help pay for recording cost. £500

Rock Band - to help pay for recording cost. £300

Singer - to help pay for a course. £500

Singer - to help pay for a course. £300

Composer - to help pay for recording cost. £500

Chamber group – to pay for concerts in local schools. £650

Dancer/choreographer - to help pay for a course. £500

Singer/ cellist - to help pay OCYO fees. £400

Bassist/composer - to help pay for a course. £500

Flautist - to help fund a school orchestra trip. £240

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* Note about the Pavilion Loan

The Exuberant Trust received a charitable donation of £10,000 in 2008, on the condition that it was then used as a loan to the Pavilion Trust Fund towards the cost of the construction of the Pavilion at The Limes in Standlake.

One of the conditions of the loan, was that the Exuberant Trust could use the Pavilion, free of charge, for its charitable Music at The Limes events. The Pavilion is directly beneficial to the Exuberant Trust as it provides a larger audience space for concerts than the formerly used Music Room at The Limes.

In the event of any future disposal of the Pavilion, the Exuberant Trust will be entitled to either a fixed sum, or some proportion of the proceeds.