Measuring the Size and Concentration of Business Funding of Culture in the UK: Closing the Gap between Advocacy and Theory

Abstract

In the past few years, UK public bodies have increased their calls for cultural leaders to diversify even further their funding sources and exploit the dynamics of the mixed-economy. So far only major cultural organisations in London have been able to successfully diversify their funding portfolio. A drop in public funding is likely to make it even more challenging for a large proportion of cultural organisations to close their income gap. To ensure the successful development of policies of funding decentralisation and inform organisational strategies, more theory-based empirical research on trends, drivers and motivations, and models of funding sustainability is needed. One of the many factors preventing the development of this line of research is a wide gap between research conducted for advocacy purposes and academia in the UK. This paper illustrates the extent and implications of this gap by providing a brief summary of the academic literature in the field and reviewing methods and results of existing...