The Department for Culture, Media and Sport (DCMS) has published its ‘Cultural Recovery Fund data report’ based on management data based on applicant-supplied information.
image: for illustration – Open Government Licence v3.0
… investment also gave rise to Barnett consequentials for Devolved Administrations…
GOV.UK writes:
This report is based on management data based on applicant-supplied information, and is not classified as an Official Statistic. However the data has been compiled using best practice in line with the UK Code of Practice for Statistics, where possible. A full statement of voluntary compliance is included in the accompanying data tables. Included are various breakdowns of the data, in addition to supplementary analysis using external sources. Full caveats and notes on the data and its interpretation are included in the accompanying data tables….
The Culture Recovery Fund (‘CRF’) was a diverse package of funding measures designed to support England’s cultural sector. It included:
- direct emergency funding for DCMS-sponsored cultural organisations
- resource funding grant schemes (‘recovery grants’)
- loan schemes (‘repayable finance’)
- capital grant schemes (‘capital grants’)
- the Cultural Assets Fund (‘CAF’)
The total investment through these strands totals around £1.6 billion.
The CRF investment also gave rise to Barnett consequentials for Devolved Administrations, and administration costs were incurred for the delivery of the fund.
Within the CRF package, cultural sector organisations were awarded £1.42bn in total through CRF1, 2 and 3. In addition, £152m has been provided in emergency support to DCMS-sponsored cultural organisations. To date, £20m has been committed for the Cultural Assets Fund, which remains in delivery in 2022-23. This brings the total CRF package investment to around £1.6 billion.
This publication sets out commentary relating to the capital, recovery, and repayable finance schemes that were included in CRF1, 2, and 3. It does not, for example, provide commentary or data on the Cultural Assets Fund, or the support to DCMS-sponsored cultural organisations. A full breakdown of the scope of the data release is provided in the accompanying tables….
