The Arts Council Funding Decisions and New Transparency Code
At The Arts Council’s December plenary meeting, decisions were made to award grants to more than 200 arts organisations in its three main grant programmes. The offers of funding, totalling more than €36 million will be issued by letter to organisations from 5 January 2015.
The Arts Council also agreed that funded arts organisations will be required from 2015 to comply with a transparency code adapted from the Boardmatch Ireland Governance Transparency Scale. The decision means that organisations must commit to complying with the Charity Statement of Recommended Practice (SORP) where appropriate; publish annual accounts; list information about board members and, in the case of organisations receiving more than €100,000 in funding, salaries of senior staff.
More detailed information can be http://www.artscouncil.ie/News/Arts-Council_-Funded-organisations-must-comply-with-new-transparency-code/