CATALYST ARTS LTD Report of the Ti'ustee5 FOR THE YEI AR ENDED 31ST MARCH 2023 The truslees who are a150 directo￿ of the charity for the purposes of the Companies Act 2006, pi'esent tl)eir report with tl)e finaiicial statements of the charity for the year ended 3 1st March 2023. Tlie trustees have adopted the pi'ovisions of Accolittling and Reportii)g by Chai'ilies: Stateinent of Recoinii)ended Practice applicable to c￿￿'1t1eS prepai'ing theti. accounts iii accordance with the Financial Ileportijig Standard applicable in the UK and Republic of Ii-eland {FRS 102) (effective l Januaiy 2019). OBJECTIVES AND ACTIVITIES Objcctives and aims Thc coinpany's objectives air to advance and unprov¢. production and proinotion of art and culture aiid the advanceinent ot. education aiid Ii'ainiiig in the arts and related subjecls in Northern Ireland and beyond ("hei'eiiiaftei' called th¢ 'area of benefit") thr()ugh the provision of workshops, advice. infonnation and training and the oiganisaiioi) of exhibition5, I'esidencies and events and through siich othei. charitable ways as d¢cided by the directors. The coinpany bas powei. to.. {a} pi'oinot¢ and iinprove vi8ual, sonic aiid live ai'l and the prodiiction of works of artistic merit by established, new and einet'ging artists through the provision of workshops. advice, inforination and ti'ainiiig aiid the organisalion of exliibitlOll5, I'esidencies and eveTil% aiid Ihi'oiigh sucli ollier charitable ways as the diiectors decide. (b) pi'oinote leai'ning tl)roLigli the arts with the objecl of developing aesthetic and cultural appi'eciation by providing a innovalive and experiiy]ental (visual or multi- disciplii)ary) arts progran)me in ihe area of benefit which is fi'eely available aiid acces8ible to all; (c) pi'oinote arts exchange opportunities for eiiiergiiig and established artists outside Northerii li'eland. (d) advance the education and training of visual arts and Iiiiilti-disciplinary pi'actitionei's by the provision of iiitegi'ated ti'aining alld ai'ts Inanagement experience, mentoriiig and iiiformation. All trustees have had I'egard to the Cominission's Piiblic benefit requireinenl slalutory guidance. Purpose of tlie Chai'ity The i￿aIn purposes of Catalyst Aits Ltd has always been.. l. lo advai)¢e and suppoil the ¢ar¢er of local ein¥i'ging conteinporary artists in Belfast and Noithei'n Ireland through on sile exliibitions at Catalyst Arts Gallery, off sile exhibiiioiis and residencics, technological IEsoiirces, nelwoi'king and iiilei'nativnal opportunities. 2. to support local voluntccrs iii Belfast with an interest in Ihc arts and art5 Inanageimcnt, by advancing their skills in pi'aclical aspects of I'unning an art gallery siich as installation, funding applicatioiis. archiving and adiniiiislralion woi'k. 3. to bring experimental, innovative Conleinporary lo Belfast and engag¢ ihe local arts coininiiniiy and the genei'al public with conteinporai'y art through exhibilioils. ialks, workshops aiid off site participatoiy artworks. CATALYST ARTS LTD Repoi't of tli¢ Trustees riOR THE Yr,AR INDED 31ST MARCH 2023 OBJECTIVFS AND ACTIVITIEI S Significaiit activities Catalyst Ai'ls is the longest i'unning arlist led gallery in Northerji li'eland. We provide a iinique platfoi'in for einei'ging local artists and recent graduates to exliibil their work in a curated context witliiii ai) accessible, professional dnd sliinulatlllE envii'oninent. The galleiy fuifils a significant local and natioThal I'ole by toui'ing Noithen) Irisl) arLists both nationally and inteniationally. We pi'ovide artists wilh Ihe use ol our technological resources. networking opporttjnities and access to our historical archives. We aiE run by a rolling board of up to leii volunteers who curat¢ and deliver high qiiality exhibition5 and projects. We provide to the public an exciting prograini))e of innovative, Inultidiscipliiiai'y contemporaiy ait froiii local, natioi)al aiid intet'national ai'tists. alongside coinplementary edLEcational workshops and talks. We aiin to maintaiii and iinprove oui. existing relations with other aits organisations and to continue to expand and reacli new audiences. Catalyst Arts is a charity based organisation that suppoils and proinotes the pi'odiiction of innovative and ¢xperiinental conteinporai'y exhibitions and events that are fiee of charge and accessible to a wide vai-iety of audi¢n¢¢s. Our oi'ganisation upholds a uiiiqiie posltion within the visual arts sector of Noilhei'n Ireland aiid offers an uni'ivalled ti'aining scheme foi. iridividuals that include ciiration and arts adininisti-ation.we do not have any paid Ineinbers of staff and ￿nctIon throiigh the cominiliiient of seveii voluntary co-directors and a strong volunteer coininunily. We (li'e a meinber based organisation. wl)ose Ineinbers benefit fi'oin open calls. the iise of our resource ¢eThtre aiid advice on a daily basis. Catalyst pi'ovides exhibition opporliinities for ai'lisls at the begiiiniiig of theii. careei's, enabling tlie display of work alongside practitioners with an inteniaiionally eslablisl)ed repuiation. Review of past programme Bedrooin Pop with Di'eambean - Catalyst Arts Graduate Award 2021 Show (14th April - 5tli May 2022) Made Piiblic - Catalyst Arts Libraiy witli Ronan Sniyth, Nollaig Molloy, Grace Jacksoii, Niainh Seana M¢clian, Susannah Dickey. and Catalyst Arts Co-Direclors (17th May - 18th Jiine 2022) Of Course with Ronan Sinyth, Leah Corbett and Thon)as Wells, Jane Peaker and Sam's Eden, S115annah Dickey, Padraig Regan. Conor Cleaiy, Waste Land 'frack Club, Einina Breiinan, Louise Kennedy> Ellen Reay aiid Pete Moser (7th - 30th July ?022) Sciilptuie & Lens, with Second Yeai. BA students froin Belfast School of Art (9th - 19th August 2022) Core is Conci'¢te with Ben Weil.. Tanad Aaron, and Niainh Seana Meel)an (6th October- 3rd November 2022) What grows in the Iieart witli Anton Shebetko, O(Iibiirst Queei. Arts Festival (I I th -19tli Noveinber 2022) Propagate - ai'chitecliire | sound | body with Heleiia klaiiiilton, Bodyjain by Day Magee, and Rachael Caiiipbell Palinei. (22nd - 26th Noveinber 2022) It feels haii'y to start fi'oin nothing again - Catalyst Arts Meinbers, Show ( 1st - 15th Deceinber 2022) The Gi'een Rooin witli MFA studen15 froiii the Belfast School of Art (6th - 25th January 2023) Ornainents of Prospect with Beau W Beakhouse and Sadia Pineda Haineed (2nd March - I st April 2023) 22123 mai'ked a significani peri(Kl for Catalyst Arts as we adapted and settled into our new preiiiises at 6 Joy's Eiitry (moved in January 2022). Every exhibitionlprojectlevent posed new challenge5, our board responding to and adapting to resolve issiies as best as possible. It very quickly becaine cleai. tliat we tLeeded to Inake improvement5 to the space ordei. foi. it to best facilitate our prograiiune. With securing a 5 year lease we were able to confidently invest more in the infrastructure of the space instrdlling a lighting rig in the gallery. iinproving our heating system, installing a fit-for-pll￿0ye sink to facilitate the in5tallationlde-installation of exhibitions, installing a security syslein, and pi'oviding oui. directors with iip-to-date fll'e safety training all thanks to tlie Artist Studi03 and Makei- Spaces Organisational Gi'aiits 2022123 awarded by Belfast City Council. This allowed us to create a iiiore safe and ¢oinfortable environmeiit for our meinbers. volunteer5, artists, visitoi3, and directors. The new city centre preinises has i'esulted in an increased footfall. new audiences, and further oppoitunities to work alongside partners in B¢lfast such as OutbuiEt Queer Arts Festival and Ulster University. CATALYST ARTS LTD Report of tlie Tru5tee5 FOII T14E YfAR EI NDED 31ST MARCH 2023 OBJECTIVES AND ACTIVITIES This year, we continued our sti'ong i'elationship with Ulsler Univei'sity, specifically Belfast School of Art, facilitating the anI)Lial Sculptui-e & Lcns show with second yeai. BA students in August, and the inleriin MFA show in Januai'y. I"hese two exhibition5 pi'ovided eai'ly-career artists V*'ith the oppoitunity to develop and exhibit new work with specialisl suppot't froin the Catalyst Aits, boai'd. With our Gi'aduate Award Show, supporled by Fei)lon Art Trust, we were abl¢ to support Di'eainbean in fiii1hei- developing tlieir practice and achieve an ambitious installation in our gallery space with their fii'st ever solo sl)ow. At Catalyst w¢ value our meinbers and the syinbiotic relationsliip of support that exists between us and Dur members. This year we waiited lo provide our inembers with a paid opportunity to develop and exhibit work. Thi5 took shape as a curated ¢xl)ibilion of three Inembers, work5 seleclcd throu-h ali open call, providing tneinbers willi the opportunity lo develop ai)d exhibit new woi'k wilh the support of the Catalyst boai'd. We also sought lo find new ways of engaging witli and platfortiiing our iiiembers leading to the developin¢nt ofcaslial Placeinents a ineinbers. newslett¢r where Ineinbers have the spac¢ to shal'e their ongoing works, ideas. and thoughts willi new audicnces. With the BCC Artist Studios & Maker Spaces Organisalional Grant we were able to iinprove and ¢xpand on our Inembers, resources expanding and diversifying our librai'y, expanding our tools resources, and pi'ovidiiig i)ew printing facilities. We were also able to iii)pi'ove on the coiidition of oiii. aitliive d)rough acquii-in8 furthei. coininunal cookingy and eating, and live-ait perfoi'inances. Tliese evei)1s and workshops allowed for audience5 to engag¢ witli conteinpoi'ary visual al't in new ways as well as developing skills. Thi'ee Co-Directoi' shows took place over the year- Of Course, Core is Concrete. artd Omainents of Pi'ospecl. Of Course was an exhibition which was activated by the foiin of a dii)iier party witl) a series of coiirses unfolding IlirouglioLlt the Inontli. Over the coui'se of its 29 years, Calaly5t Ails has occiipied five distinct pi'einises; Col'e is Concrete exploi'ed ihe new spacc of 6 Joy's Enliy through Ihe coiiiini5sion and preseiitalioii of tliree sile-specific responses. Oiiiaiiieiits of Pi'ospect was an installation whicli i-eimagined tool Inaking and Ineihods of Inetal pi'odu¢tion, and how this iniglit lead to Collective and alternalkve i)iodes of coininunication, knowledge and craft. We coNtiiiue to develop oui. relalioiiship with our fiindei3 keepiiig an open and engaged dialogue with oui. Arts Developinent Officer, Joanna Johnston. The woi'k documented above has laid a stable and sustainable foundatioii deinoiistra¢ed by the standstill in oiir ACNI funding for the year ?3124 dui'ing a period where tlie Arts Council faced a ten p¢rcent cut to their budget. FINANCIAI. RCI VIEW Fiiiallcial positioii Financial performance in the year to 31 March 2023 ha5 been broadly coiisislenl with the trustee's forecasls and expectations. Incotne i'eceipts for the year totalled £67.139 (2022.. £48.177) and expenditui'e for the year totalled £62,035 (2022: £59,658). This resulted in a surplus of £5,104 (2022- deficit of £1 1,481) for the yeai.. Resei'ves policy Financial Policy on Operating Reserves involves maintaining an operating reserve5 ratio of between three atid 51X months col'e costs which based on current income and expenditLire varies between £7,000 and £14.000. CATALYST ARTS LTD Report of the Triistees VOR THE YEAR ENDED 31ST MARCH 2023 STRUCTURE, GOVERNANCE AND MANAGF.MENT Governing docuinelll The chai'ity is controlled by its governing docuinent. a deed of tl'U5t, and constitutes a limTted coinpany, lijnited by guaixntee, as defined by tl)e Cojnpanies Act 2006. 'frustees who served at anytiine dLlI'ing tlie year were.. (resig]ied 23 May 2023) (resigned 26 Septeinbci. ?022) (resigned 12 January 2023) Cecilia Gi'ahain Manuela Mosei. Icale Josephiiie Mui'phy Doiiiinic McKeown Mal'ta Dyckowska Eoin Bennett Rachael Melvin Silvia Koistinen Sean Wai'd (resigned 7 June 2022) (appointed 26 August 2022) (appointed 28 Noveinbei. 2022) (appointed 26 Augusl 2022) (appointed 20 June 2023) Appi'oved by ol'der of the board of Iruste¢s on 141h Deceniber 2023 and signed on its behalf by- Rachael Melvin Trustee