Primary research analysis of ACE data looking at income, and levels of capitalisation in terms of property ownership, working capital position and reserves. Finds that at the time of research (1) Working capital overall is healthy, but organisations have weak cash positions and are not accessing cashflow finance (2) Unrestricted reserves are low, typically below 12 weeks of turnover, making arts and cultural organisations particularly vulnerable.
- Contributor:
- Joe Ludlow
- Publisher:
- Mission, Models, Money
- Date:
- July 2010
