<\/p>
As part of its new season launch, London’s Wigmore Hall has announced that it will become entirely privately funded and self-sufficient. <\/p>
The venue has launched the Director’s Fund<\/a><\/strong>, designed to secure its future. The fund has already had \u00a37 million pledged, and has a target to reach \u00a310 million by 2027. ‘We are currently 97% self-funded; this target will allow Wigmore Hall to become 100% self-sufficient, if necessary.’ <\/p> The remaining 3% of Wigmore Hall’s current funding model comes from the Arts Council, but Wigmore Hall’s statement acknowledges the ‘uncertain’ nature of this public funding environment as the reason for the introduction of its new funding drives. <\/p> This announcement comes in the wake of funding cuts to the arts and culture industries across the UK. In 2022, Arts Council England cut \u00a350 million a year from arts organisations in London in its 2023-26 National Portfolio, with many organisations around the UK losing all or most of their funding<\/p> Wigmore Hall director John Gilhooly also revealed in his statement that the venue’s audiences have now exceeded pre-pandemic levels, the highest in the venue’s 123-year history. With 550 concerts scheduled for its upcoming season, Wigmore Hall is the UK’s largest classical music programme. <\/p> Top image: Kaupo Kikkas<\/strong><\/em><\/p> <\/body><\/html>\n By Published: Thursday, 28 March 2024 at 11:06 AM As part of its new season launch, London’s Wigmore Hall has announced that it will become entirely privately funded and self-sufficient. The venue has launched the Director’s Fund, designed to secure its future. The fund has already had \u00a37 million pledged, and has a target to […]<\/p>\n","protected":false},"author":24,"featured_media":40835,"template":"","categories":[1],"acf":{"readingTimeMinutes":"2"},"uagb_featured_image_src":{"full":["https:\/\/c01.purpledshub.com\/uploads\/sites\/37\/2024\/03\/wigmore-hall-announces-plans-to-become-entirely-privately-funded.jpg",1500,1000,false],"thumbnail":["https:\/\/c01.purpledshub.com\/uploads\/sites\/37\/2024\/03\/wigmore-hall-announces-plans-to-become-entirely-privately-funded-150x150.jpg",150,150,true],"medium":["https:\/\/c01.purpledshub.com\/uploads\/sites\/37\/2024\/03\/wigmore-hall-announces-plans-to-become-entirely-privately-funded-300x200.jpg",300,200,true],"medium_large":["https:\/\/c01.purpledshub.com\/uploads\/sites\/37\/2024\/03\/wigmore-hall-announces-plans-to-become-entirely-privately-funded-768x512.jpg",768,512,true],"large":["https:\/\/c01.purpledshub.com\/uploads\/sites\/37\/2024\/03\/wigmore-hall-announces-plans-to-become-entirely-privately-funded-1024x683.jpg",800,534,true],"1536x1536":["https:\/\/c01.purpledshub.com\/uploads\/sites\/37\/2024\/03\/wigmore-hall-announces-plans-to-become-entirely-privately-funded.jpg",1500,1000,false],"2048x2048":["https:\/\/c01.purpledshub.com\/uploads\/sites\/37\/2024\/03\/wigmore-hall-announces-plans-to-become-entirely-privately-funded.jpg",1500,1000,false]},"uagb_author_info":{"display_name":"importmanagerhub@sprylab.com","author_link":"https:\/\/c01.purpledshub.com\/bbcmusicmagazine\/author\/importmanagerhubsprylab-com\/"},"uagb_comment_info":0,"uagb_excerpt":"By Published: Thursday, 28 March 2024 at 11:06 AM As part of its new season launch, London’s Wigmore Hall has announced that it will become entirely privately funded and self-sufficient. The venue has launched the Director’s Fund, designed to secure its future. The fund has already had \u00a37 million pledged, and has a target to…","_links":{"self":[{"href":"https:\/\/c01.purpledshub.com\/bbcmusicmagazine\/wp-json\/wp\/v2\/rss_feed\/40834"}],"collection":[{"href":"https:\/\/c01.purpledshub.com\/bbcmusicmagazine\/wp-json\/wp\/v2\/rss_feed"}],"about":[{"href":"https:\/\/c01.purpledshub.com\/bbcmusicmagazine\/wp-json\/wp\/v2\/types\/rss_feed"}],"author":[{"embeddable":true,"href":"https:\/\/c01.purpledshub.com\/bbcmusicmagazine\/wp-json\/wp\/v2\/users\/24"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/c01.purpledshub.com\/bbcmusicmagazine\/wp-json\/wp\/v2\/media\/40835"}],"wp:attachment":[{"href":"https:\/\/c01.purpledshub.com\/bbcmusicmagazine\/wp-json\/wp\/v2\/media?parent=40834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/c01.purpledshub.com\/bbcmusicmagazine\/wp-json\/wp\/v2\/categories?post=40834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
","protected":false},"excerpt":{"rendered":"