“These figures are serious for Tate, which last year posted an £8.7 million deficit, and whose trustees approved a deficit budget for 2023-24. With visitor numbers only moderately increased, with inflation biting in increased costs and trading income down, and with Covid-related government support now ended, Tate faces some serious decisions; unless the new government swoops in with increased funding, or visitors magically reappear, Tate will have to decide what kind of cultural institution it wants to be for the next decade. Because although Tate’s travails aren’t unique among the ‘Big 6’ museums post-Covid, the fact that its audiences aren’t returning points to a bigger question about the institution’s position in the national cultural landscape.”
My piece on the cultural and financial woes of Tate, for the Spectator. Read the full article here