ARTS COUNCIL OF WALES SUPPORTS THE TORCH WITH FUNDING FOR THE FUTURE
The Arts Council of Wales has today released the outcome of its Investment Review relating to revenue funding for arts organisations across Wales. The Torch Theatre is delighted to have received a conditional offer (including a significant uplift from April 2024) of £650,000 for each of the next three years.
We are grateful to the Arts Council of Wales for recognising the new energy and creativity in our delivery of community activities, alongside our wide range of live and cinema events. This decision represents an enormous vote of confidence from ACW in the strength and ambition of our application and an endorsement of both the strategic importance of the Torch and the tremendous value that we deliver for our communities, and the arts-ecology in Wales.
While the whole Torch Team and Board are thrilled with this very welcome news and ACW’s support, this does not address our well-publicised current funding gap. Our community has come to our support in recent weeks and we have been overwhelmed by your support and generosity.
Our fundraising activities are ongoing and we will need the continued support of our community and local businesses in the weeks and months ahead. In the meantime we can start planning with confidence for 2024/25 to ensure that we continue to deliver above and beyond for our funders, our community and for the arts in Wales.
Arts Council of Wales Investment Review report can be viewed at https://arts.wales
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