Annual Report

2020

Trustees

Susie Crow (Chair), Euton Daley, Susanna Graham-Jones, Lindsay Herford, Peter McMullin, Jose Phillips and Steve Pratley.

Finances

The Exuberant Trust

Income & Expenditure as at 31st December 2020

	Annual	Cumulative
Income	£	£
Donations/Concerts	1,328	83,744
Tax Rebate (Gift Aid)	55	8,817
Total Income	1,383	92,561
Expenditure
Concert Expenses	98	4,335
General Expenses	0	4,330
Total Expenditure	98	8,665
Net Income Before Grants	1,285	83,896
Grants Made	2,132	67,090
*Loan made to Pavillion Fund (2008, from PF donation)		10,000
Net Income	-847	6,806
General Expenses as a percentage of Total Income	0.0%	4.68%

Grants awarded as at 31st December 2020

Awards totalling £2,132 were made to 5 young artists in 2020. The grants were given to an actor, a dancer, a photographer, a lighting designer and a composer, as summarised below:

Actor - funding towards producing a play (Oxford Human Rights Festival). £500

Dancer - funding towards performing in Giselle (English Youth Ballet). £300

Photographer - funding for photographic equiment for an archive project. £332

Lighting Designer - funding towards equipment for touring shows. £500

Composer - funding towards the purchase of a Macbook and music software. £500

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Due to the Coronavirus Pandemic, the Exuberant Trust was only able to curate two fundraising concert this year, which is why the figure for concert donations was considerably smaller than usual.

We are extremely grateful to all of our generous supporters who have made donations to the Exuberant Trust (either in person at concerts, online or in other ways), not only this year, but over the last 17 years since we launched as a charity in 2003. With the exception of a small percentage of necessary expenses, all of the funds that we receive are used to provide grants for young creative artists in Oxfordshire.

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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.