Arts: Finance
Question
Mr Louie French
To ask the Secretary of State for Culture, Media and Sport, what assessment she has made of the value for money of funding distributed by the Arts Council England.
Answer
Ian MurrayThe government ensures value for money from Arts Council England (ACE) funding by holding it accountable through performance reporting, financial controls, and grant-management standards set by DCMS. ACE also reports against key performance indicators and strategic outcomes in its annual report.
The government has also strengthened performance measurement by developing long-term impact indicators, including a participation survey, to measure the outcomes of funded arts activity. Alongside this, through the Culture Heritage Capital programme, DCMS and its arms length bodies are developing new methodology and guidance to measure the value for money of investment in culture. In December 2024 DCMS published Embedding a Culture and Heritage Capital Approach, which set out the ambitions for the programme.