The New Art Exchange

Overview

The New Art Exchange, registered as a charity with the number 1121755, is a pioneering nonprofit organization dedicated to promoting contemporary visual arts from the Global Ethnic Majority. Located in Hyson Green, Nottingham, it is the UK's largest gallery of its kind and the first dedicated facility for African, African Caribbean, and South Asian contemporary visual arts outside of London[1][2].

Mission and Vision

The New Art Exchange aims to reshape the contemporary art narrative by championing diversity, inclusivity, and equity. Its vision is centered on recognizing, nurturing, and celebrating talent from the Global Ethnic Majority within the creative industries. The organization strives to create a fair, inclusive, and equal art world for everyone[5].

Activities

The New Art Exchange engages in a range of activities, including community outreach, learning programs, and services for young people. It plays a significant role in supporting BME (Black and Minority Ethnic) communities and marginalized groups. The organization operates through a model of Connect-Create-Cultivate-Transform-Exchange, focusing on talent development and fostering an inclusive environment[2][5].

Governance and Leadership

Notably, The New Art Exchange is committed to innovative governance structures. By 2024, it is set to be the first cultural institution in the world to integrate a permanent citizen assembly, known as the VOICE assembly, into its leadership structure. This approach reflects its commitment to citizen-led decision-making and collaborative inclusivity[5].

Financial Overview

For the financial year ending March 31, 2023, The New Art Exchange reported a total income of £1,166,730, with a significant portion (£930,407) coming from government grants. Its total expenditure was £1,205,265, primarily allocated towards charitable activities[2].

Impact

The New Art Exchange serves as a vital platform for amplifying the voices and artistic expressions of underrepresented communities. By fostering inclusivity and promoting diversity, it contributes significantly to the enrichment of the UK's cultural landscape[3][5].

[1] https://www.nae.org.uk [2] https://register-of-charities.charitycommission.gov.uk/charity-details/?regid=1121755&subid=0 [3] https://www.nae.org.uk/exchange/ [4] https://register-of-charities.charitycommission.gov.uk/charity-search/-/charity-details/4018905/charity-overview [5] https://www.nae.org.uk/about-us/