Contemporary Art Society

A n n u a l Report a n d Sta tement of Accounts

1991

T h e A n n u a l Genera l M e e t i n g o f The C o n t e m p o r a r y A r t Society

w i l t be h e l d o n Tuesday 7 July 1992 a t t h e Ciore A u d i t o r i u m ,

T a t e Gal le ry , M i l l b a n k , L o n d o n S.W.1 a t 6 .30pm

1. To receive a n d a d o p t t h e r e p o r t o f t h e c o m m i t t e e a n d t h e

accoun ts f o r t h e year e n d e d 31 D e c e m b e r , 1991 , t o g e t h e r w i t h

t h e a u d i t o r s ' r e p o r t .

2. To r e a p p o i n t Nev i l le Russell as a u d i t o r s o f t h e Society in

acco rdance w i t h sec t ion 14 o f t h e C o m p a n i e s Acts, 1976, a n d t o

a u t h o r i s e t h e c o m m i t t e e t o d e t e r m i n e t h e i r r e m u n e r a t i o n f o r

t h e c o m i n g year .

3. To e lect t o t h e c o m m i t t e e t h e f o l l o w i n g w h o have b e e n d u l y

n o m i n a t e d : Dav id G o r d o n a n d Jenny W i n k w o r t h . The r e t i r i n g

m e m b e r s are T o m B e n d h e m a n d Sir M i c h a e l Cu lme-Seymour .

4. A n y o t h e r business

By o r d e r o f t h e c o m m i t t e e

Pe t ron i l l a Silver C o m p a n y Secretary

1 M a y 1992

C o m p a n y L i m i t e d by G u a r a n t e e Reg is te red in L o n d o n

No .255486

Char i t ies Reg i s t ra t i on No .208178

Cover:

V is i t by Her Ma jes ty Q u e e n E l i zabe th The Q u e e n M o t h e r t o

The C o n t e m p o r a r y A r t Society: 80 Years o f Co l l ec t i ng a t t h e

H a y w a r d Gal le ry , S o u t h Bank, L o n d o n .

P h o t o g r a p h ; T o m Lee

PATRON Her M a j e s t y Q u e e n E l i zabe th The Q u e e n M o t h e r

Nancy B a l f o u r OBE

DIRECTOR

CORPORATE BUYING ASSISTANT

SECRETARY

ORGANISING SECRETARY

SPONSORSHIP AND MARKETING OFFICER

CORPORATE BUYING DIRECTOR

ACCOUNTANT (PART TIME)

T h e Lo rd C ro f t , E d w a r d D a w e , Caryl H u b b a r d CBE, The Lord

M c A l p i n e o f W e s t G r e e n , The Lord Sainsbury o f Preston

Candover , Pau l ine V o g e l p o e l MBE

Dav id G o r d o n

A d r i a n Ward -Jackson CBE

Je remy Rees

Rupe r t Gav in

Lady Va izey

S t e p h e n T u m i m

Phi l ip Pol lock

T o m B e n d h e m

Sir M i c h a e l C u l m e - S e y m o u r

Rob in W o o d h e a d

R ichard M o r p h e t

P e n e l o p e G o v e t t

Chr is t ina S m i t h

John Kea t iey

Sebast ian W a l k e r

Cecily L o w e n t h a l

A n t h o n y O p p e n h e i m e r

Ju l i an T r e u h e r z

Sarah W i l s o n

M a r k S tephens

Jenny W i n k w o r t h

M a r k S tephens

Pe t ron i l l a Si lver

Leah Byrne

Jul ia Risness

Nico la Shane

Lucy Sicks

T o m T e m p e s t - R a d f o r d

G e o r g e Y a t e s - M e r c e r

C h a i r m a n ( f r o m O c t o b e r 1991)

C h a i r m a n (un t i l A u g u s t 1991)

Vice C h a i r m a n

H o n o r a r y Treasurer

H o n o r a r y Secretary

( un t i l July 1991)

( un t i l July 1991)

( un t i l July 1992)

( un t i l July 1992)

( un t i l January 1991)

( f r o m July 1991)

( f r o m July 1992)

(un t i l M a r c h 1992)

-

4

4

COMMITTEE REPORT FOR THE YEAR D u r i n g t h e year t h e C h a i r m a n , A d r i a n Ward -Jackson , d i e d .

ENDED 3 1 DECEMBER, 1 9 9 1 Sebast ian W a l k e r res igned , a n d Ph i l ip Po l lock a n d S tephen T u m i m r e t i r e d f r o m t h e c o m m i t t e e . Dav id G o r d o n b e c a m e

C h a i r m a n , a n d Rupe r t Gav in H o n o r a r y Treasurer . Dav id G o r d o n

was c o - o p t e d , a n d M a r k S tephens w a s e lec ted t o t h e

c o m m i t t e e .

The p r i nc ipa l ac t iv i t ies o f t h e Society c o n t i n u e d t o be t h e

p r o m o t i o n o f c o n t e m p o r a r y a r t a n d t h e acqu i s i t i on o f w o r k s by

l i v ing ar t is ts f o r p r e s e n t a t i o n t o pub l i c co l l ec t ions in Grea t

B r i t a in a n d e l s e w h e r e . B o t h t h e level o f ac t i v i t ies a n d t h e yea r

e n d f i n a n c i a l p o s i t i o n w e r e sa t i s fac to ry a n d t h e c o m m i t t e e

expec t t h a t t h e p resen t level o f ac t i v i t y w i l l be sus ta ined f o r t h e

f o r e s e e a b l e f u t u r e .

The resul ts o f t h e Socie ty f o r t h e year e n d e d 31 December ,

1991 are set o u t in t h e f i n a n c i a l s t a t e m e n t s o n pages 23 t o 28.

T h e a u d i t o r s , Nev i l le Russell, have s i g n i f i e d t h e i r w i l l i ngness t o

c o n t i n u e in o f f i c e a n d a r e s o l u t i o n p r o p o s i n g t h e i r

r e a p p o i n t m e n t w i l l be p u t t o t h e f o r t h c o m i n g A n n u a l Genera l

M e e t i n g .

DAV ID GORDON

C h a i r m a n

1 M a y 1992

5

The C h a i r m a n ' s r e p o r t mus t b e g i n o n a sad n o t e ; I b e c a m e

C h a i r m a n last A u t u m n f o l l o w i n g t h e u n t i m e l y d e a t h o f A d r i a n

Ward -Jackson , w h o b e g a n t h e necessary e x p a n s i o n o f t h e

Society 's resources. The Society has p r e s e n t e d a w o r k by

Richard L o n g , U n t i t l e d 1991 Mississippi m u d o n p a p e r t o t h e

T a t e Ga l le ry in his m e m o r y . The w o r k w a s pu rchased f r o m

A n t h o n y d ' O f f a y Gal le ry .

By sad co inc idence M r d ' O f f a y p resen ted a l a rge p o t t e r y w o r k

by A n d r e w Lo rd t o t h e Society in m e m o r y o f my la te b r o t h e r

M a x G o r d o n , a co l l ec to r a n d t h e a rch i tec t o f t h e A n t h o n y

d ' O f f a y a n d A n n e l y Juda Gal ler ies a n d f o r t h e Saatchi

C o l l e c t i o n . He h a d b e e n a buye r f o r t h e Society in 1974.

1991 w a s an i m p o r t a n t yea r in t h e Society 's h is to ry . A m a j o r

re t rospec t i ve o f t h e Society 's purchases w a s o p e n e d a t t h e

H a y w a r d Gal lery by t h e ( t hen ) M i n i s t e r f o r t h e A r t s , M r

T i m o t h y R e n t o n . It w a s subsequen t l y v i s i ted by o u r p a t r o n , Her

M a j e s t y Q u e e n E l i zabe th , The Q u e e n M o t h e r . The e x h i b i t i o n ,

w h i c h w a s m a g n i f i c e n t l y a r r a n g e d by Joanna D r e w o f t h e

Sou th Bank Cen t re , w a s a m a j o r cr i t ica l success. The q u a l i t y o f

t h e w o r k s chosen o v e r t h e years by o u r buyers is a t r i b u t e t o

o u r u n i q u e a p p r o a c h t o t h e se lec t ion o f c o n t e m p o r a r y a r t ; a n d

t h e w i d e d i spe rs ion o f such w o r k s o f q u a l i t y t o pub l i c ga l le r ies

a n d m u s e u m s i l l u s t r a t e d t h e i m p o r t a n c e o f t h e Society 's ro le .

The e x h i b i t i o n is n o w t o u r i n g t h e c o u n t r y .

A b o o k o n t h e h is to ry o f t h e Society - Br i t ish C o n t e m p o r a r y A r t

1910-1990 E igh ty years o f Co l l ec t i ng by T h e C o n t e m p o r a r y A r t

Society - w a s p u b l i s h e d by t h e H e r b e r t Press t o co inc ide w i t h

t h e e x h i b i t i o n . It t akes an hones t a n d t h o r o u g h l ook a t t h e

Society 's w o r k g e n e r a t i o n by g e n e r a t i o n . R ichard Cork , Frances

S p a l d i n g , M a r i n a Va izey a n d E d w a r d Luc ie -Smi th are a m o n g

t h e d i s t i n g u i s h e d c o n t r i b u t o r s , w i t h an i n t r o d u c t i o n by Sir A l a n

Bowness. W e are g r a t e f u l t o Rank X e r o x UK w h i c h gene rous l y

u n d e r w r o t e t h e costs o f t h e b o o k a n d sponso red t h e o p e n i n g

p a r t y f o r t h e e x h i b i t i o n .

The a n n u a l A r t M a r k e t , sponso red by Sainsbury 's , a n d he ld at

Smi th 's Gal ler ies in C o v e n t G a r d e n f r o m 29 O c t o b e r - 2

N o v e m b e r 1991 has b e c o m e an i m p o r t a n t f i x t u r e in t h e a r t -

lover 's ca lender . T h e M a r k e t p r o v e d f a i r l y res i l i en t in t h e face

o f t h e recess ionary fo rces t h a t have s w e p t a w a y several

c o m m e r c i a l a r t ga l le r ies . A r o u n d 4 ,000 p e o p l e came t o t h e

M a r k e t , a n d w e so ld 577 w o r k s . Besides Sainsbury 's , w e w o u l d

l ike t o t h a n k o t h e r s w h o gave us services f r e e such as Rees

M a r t i n , t h e a r t movers , a n d Derek Bi rdsal l , Pep Sala a n d M a r t i n

Lee a t O m n i f i c S tud ios f o r t h e i r l ea f l e t des igns.

The A n n u a l C o n t e m p o r a r y A r t Society Lec ture w a s g i v e n th i s

year by N icho las Sero ta , D i rec to r o f t h e Ta te Gal le ry . M r Serota

u r g e d t h e Society t o use its u n i q u e p o s i t i o n as an i n d e p e n d e n t

arts b o d y t o c a m p a i g n in d e f e n c e o f c o n t e m p o r a r y a r t - a

b a t t l e t h a t has t o be f o u g h t ove r a n d o v e r a g a i n . W e have

t a k e n th i s adv ice t o h e a r t b u t w i l l e n t e r t h e pub l i c lists

spa r ing l y .

The Society needs t o raise its pub l i c p r o f i l e a n d its resources.

Y o u r C o m m i t t e e has n o w a d o p t e d a f o r m a l s t a t e m e n t o f t h e

Society 's ro le - t o e n c o u r a g e t h e co l l e c t i ng o f c o n t e m p o r a r y a r t

by a r t museums , c o m p a n i e s a n d i nd i v i dua l s ( the s t a t e m e n t in

f u l l is o n Page 29) .

O u r w o r k f o r a r t m u s e u m s is t r e m e n d o u s l y i m p o r t a n t . W e need

t o raise m o r e m o n e y so as t o r e m a i n in a p o s i t i o n t o b u y w o r k s

o f m u s e u m q u a l i t y . W e are seek ing t o a p p o i n t a M u s e u m s

O f f i c e r so as t o be ab le t o w o r k m o r e closely w i t h t h e m . W e are

s t a r t i n g a scheme u n d e r w h i c h each m e m b e r o f t h e C o m m i t t e e

is d e p u t e d t o v is i t a g r o u p o f t h e 50 m u s e u m m e m b e r s

regu la r l y . M a n y r e g i o n a l museums are in a r a t h e r depressed

s ta te a f t e r years o f m u n i c i p a l cu tbacks , a n d w e fee l t h a t w e can

h e l p t o raise t h e i r sp i r i ts a n d t h e i r s ights .

W e have a n n o u n c e d t h e t h r e e m u s e u m s w i t h w h o m w e w i l l be

w o r k i n g t o b u i l d c o h e r e n t co l l ec t ions -The T o w n e r A r t Ga l le ry

Eas tbou rne , The Ferens A r t Ga l le ry Hu l l , a n d W o l v e r h a m p t o n

A r t Gal le ry . This Co l l ec t i on Scheme is m o d e l l e d o n t h e

successful c o l l a b o r a t i o n w i t h t h e Harr is M u s e u m a n d A r t

Ga l le ry in Pres ton . W e w o n Incen t i ve F u n d i n g f r o m t h e A r t s

Counc i l , a n d have been g i ven a g e n e r o u s g r a n t by t h e Bar ing

F o u n d a t i o n .

O u r w o r k f o r c o m p a n i e s is also i m p o r t a n t b o t h because

b r i n g i n g a r t t o t h e w o r k p l a c e is g o o d in i tsel f a n d because w e

can ea rn fees . W e have b e e n w o r k i n g o n a l a rge scheme f o r

Pearl Assurance's n e w o f f i ces in P e t e r b o r o u g h , a n d have also

w o r k e d f o r S t a n h o p e , Un i lever , M i n o r c o , a n d S u n d r i d g e Park.

The Society 's r e l a t i o n s h i p w i t h its i n d i v i d u a l m e m b e r s needs t o

be d e f i n e d , a n d a q u e s t i o n n a i r e is a b o u t t o be sent o u t t o

d iscover w h y p e o p l e b e c o m e m e m b e r s a n d w h a t t h e y expec t

f r o m t h e Society . In l ine w i t h o u r s t r a tegy , w e i n t e n d t o f ocus

m e m b e r s h i p b e n e f i t s o n ac t iv i t ies r e l a t i n g t o t h e

e n c o u r a g m e n t o f c o l l e c t i n g . W e be l ieve t h a t o u r m e m b e r s j o i n

n o t o n l y f o r t h e b e n e f i t s b u t as a s t a t e m e n t o f s u p p o r t f o r

c o n t e m p o r a r y a r t , a n d w e fee l t h a t t h e y w o u l d be w i l l i n g t o

accept an increase in t h e level o f subsc r i p t i on i f t h i s enab les us

t o g i ve g r e a t e r s u p p o r t t o m u s e u m s a n d t o ar t is ts . W e w i l l

a cco rd i ng l y be inc reas ing t h e subsc r i p t i on ra te t o £30 a year ,

b u t w i t h a l o w e r t i e r o f £15 f o r t h o s e o f o u r m e m b e r s w h o are

u n a b l e t o m a n a g e w h a t is a d m i t t e d l y a s teep increase.

7

CHAIRMAN'S REPORT I w o u l d l ike t o a c k n o w l e d g e t h e c o n t i n u e d s u p p o r t rece ived

(CONTINUED) f r o m T h e Hen ry M o o r e F o u n d a t i o n f o r t h e purchase o f

scu lp tu re , a n d f r o m t h e Craf ts Counc i l . W e are keen t o increase

o u r c r a f t purchases a n d w e are l o o k i n g f o r ways o f f i n a n c i n g

th i s .

A t t h e A n n u a l Genera l M e e t i n g T o m B e n d h e m a n d Sir M i c h a e l

C u l m e - S e y m o u r are r e t i r i n g f r o m t h e C o m m i t t e e , h a v i n g

c o n t r i b u t e d m u c h t o i t . W e are p leased t o w e l c o m e Jenny

W i n k w o r t h t o t h e C o m m i t t e e .

W h i l e I may w r i t e th i s r e p o r t a n d cha i r some m e e t i n g s t h e real

w o r k o f t h e Society is d o n e by its o u t s t a n d i n g D i rec to r ,

Pe t ron i l l a Silver, a n d he r h a r d - w o r k i n g s ta f f Leah Byrne, Jul ia

Risness, N ico la Shane, Lucy Sicks, a n d G e o r g e Yates Mercer , t o

w h o m m a n y t h a n k s .

HONORARY TREASURER'S REPORT 1991 was a yea r o f c o n t i n u e d advance f o r t h e C o n t e m p o r a r y

A r t Society . O u r purchases o f p ic tures , scu lp tu re a n d c ra f t f o r

d o n a t i o n t o pub l i c co l lec t ions increased t o a n e w reco rd o f

£196,700 (some £16,000 g r e a t e r t h a n in t h e p r i o r year ) .

This means t h a t in t h e year 1991 , t h e va lue o f t h e w o r k s o f a r t

t h a t t h e CAS e i t h e r a c q u i r e d f o r d o n a t i o n , se lected a n d so ld f o r

c o r p o r a t e co l lec t ions , o r se lec ted a n d so ld t o t h e pub l i c v ia t h e

A r t M a r k e t t o t a l l e d £775,660 r e p r e s e n t i n g 753 pieces o f w o r k .

This is a measure o f t h e i n f l u e n c e a n d i m p o r t a n c e t h a t t h e CAS

n o w plays in t h e Br i t ish c o n t e m p o r a r y a r t w o r l d .

T h e o t h e r key a d d i t i o n a l ac t i v i t y in t h e year w a s t h e H a y w a r d

Ga l le ry e x h i b i t i o n c o m m e m o r a t i n g t h e w o r k o f t h e CAS. The

even ts s u p p o r t i n g th i s e x h i b i t i o n , a n d t h e p r o d u c t i o n o f t h e

b o o k f o r t h e e x h i b i t i o n i ncu r red costs o f £43,540. These costs

w e r e k i n d l y a n d ve ry g e n e r o u s l y s u p p o r t e d by Rank Xe rox , t o

w h o m w e are mos t g r a t e f u l .

O u r t o t a l i n c o m e f o r t h e year , rose by ove r £50,000 t o t o t a l

£319 ,060 . The p r i m a r y areas o f g r o w t h f o r t h e Society w e r e :

- T h e Rank X e r o x s u p p o r t o f t h e H a y w a r d r e f e r r e d t o a b o v e .

- T h e A r t s Counc i l I ncen t i ve F u n d i n g o f £36,000 w h i c h

c o n t r i b u t e d t o t h e cost o f a d d i t i o n a l salar ies.

- W i t h i n Projects, a s i gn i f i can t increase in c o r p o r a t e b u y i n g

fees a n d i n c o m e t o £171,499 (an increase o f £33,765 ove r t h e

p r i o r year ) , as a resu l t o f t h e g r e a t e r i n v e s t m e n t o f s ta f f a n d

resource in t h i s a rea , t h a t w a s r e f e r r e d t o in last year 's

Treasurer 's Repo r t .

8

On t h e n e g a t i v e s ide, t h e r e w e r e c e r t a i n areas o f i n c o m e w h e r e

t h e CAS p r o v e d i tse l f n o t t o be i m m u n e f r o m t h e gene ra l

recession a n d t h e r e f o r e s u f f e r e d dec l ines .

M e m b e r s subscr ip t ions d e c l i n e d a l m o s t £20,000 t o £42,607 as

m a n y c o m p a n i e s a n d ga l le r ies cu t back t h e i r d i sc re t i ona ry

e x p e n d i t u r e s . Encou rag ing l y , h o w e v e r , w e are n o w see ing a

s i g n i f i c a n t rise in o u r i n d i v i d u a l m e m b e r s h i p o n t h e back o f o u r

H a y w a r d e x h i b i t i o n .

The i n c o m e f r o m t h e A r t M a r k e t , a f t e r seven years o f

cons is ten t increase, s u f f e r e d its f i r s t reverse. CAS i n c o m e f r o m

t o t a l sales o f ove r £240,00 f e l l t o £63,600, r e f l e c t i n g

h e i g h t e n e d c a u t i o n a m o n g s t t h e pub l i c . O u r costs w e r e b e t t e r

c o n t r o l l e d , s h o w i n g a fa l l o n t h e p r i o r year , a n d t h e c o n t i n u e d

g e n e r o u s sponso rsh ip o f Sainsbury 's h e l p e d t o o f f s e t t h e

m a j o r i t y o f t hese costs.

Bequests a n d d o n a t i o n s fe l l £15 ,000 t o £19,247 f o r t h e year .

W i t h i n t h e Society, o u r a d m i n i s t r a t i v e expenses increased t o

£91,382, r e f l e c t i n g t h e h i g h e r level o f ac t i v i t y . O u r o t h e r

p r i m a r y area o f cost was t h e H a y w a r d E x h i b i t i o n b o o k a n d

even ts r e f e r r e d t o a b o v e .

T a k i n g i n t o accoun t al l t hese ac t iv i t ies , o u r f i n a l o u t c o m e f o r

t h e year w a s a d e f i c i t o f £6 ,626. G iven s o m e o f t h e sharp

dec l ines in i n c o m e d u r i n g t h e year , d u e t o t h e recession, a n d

o u r po l icy o f c o n t i n u i n g t o increase o u r purchases o f ar t , t h e n

w e be l ieve t h a t t h i s o u t c o m e is a sa t i s fac to ry o n e . The size o f

t h e d e f i c i t is easi ly f u n d e d by t h e reserves t h a t w e have b u i l t u p

in p r i o r , m o r e e c o n o m i c a l l y f a v o u r a b l e , years.

D u r i n g t h e course o f t h e year , G e o r g e Ya tes -Merce r j o i n e d t h e CAS as a c c o u n t a n t , w o r k i n g t w o a n d a ha l f days every w e e k . His exce l len t services have g r e a t l y e n h a n c e d o u r f i n a n c i a l con t ro l s , cons is ten t w i t h an o r g a n i s a t i o n o f t h e size t h a t t h e CAS has n o w b e c o m e .

The f i n a l f i n a n c i a l issue t o c o m m e n t o n is t h a t t h e Society

increased its e q u i t y h o l d i n g in t h e subs id ia ry c o m p a n y ,

C o n t e m p o r a r y A r t Soc ie ty Projects L td . , by £14 ,998 . This

increase w a s r e q u i r e d by t h e c o n t i n u e d e x p a n s i o n o f Projects;

th i s increase in e q u i t y has m e a n t t h a t Pro jects ' b o r r o w i n g s have

been subs tan t i a l l y r e d u c e d .

RUPERT G A V I N

9

Februa ry 12 Special e v e n i n g o p e n i n g s a t t h e A l b e m a r l e

Ga l le ry a n d Ga le r ie Besson.

M a r c h 11 Pr ivate v i e w o f t h e Co l l ec t i on o f Emi l G.

B u h r l e a t t h e Royal A c a d e m y o f A r t s .

July 4 A n n u a l Genera l M e e t i n g in t h e Clore

A u d i t o r i u m , T a t e Gal le ry . Shor t ta l ks by CAS

Buyers f o r 1990 - R ichard M o r p h e t a n d

Je remy Rees.

July 6 Day t r i p t o W a r w i c k s h i r e t o v is i t t h e M e a d

Ga l le ry a t The Un ivers i ty o f W a r w i c k , Lox ley

Ha l l , A lsco t Park, a n d t h e s t u d i o o f R ichard

K i d d .

Ju ly 18 Fresh A r t P rev iew a t t h e Business Des ign

Cen t re , I s l i n g t o n .

S e p t e m b e r 18 Even ing v i e w i n g o f 'A V i e w o f t h e N e w ' a t

t h e Royal Over-Seas League

O c t o b e r 30, 31 Even ing par t ies a t t h e 7 t h C o n t e m p o r a r y A r t

Society M a r k e t , Smi th 's Gal ler ies, Coven t

G a r d e n

D e c e m b e r 3 C o n t e m p o r a r y A r t Society A n n u a l Lecture

g i v e n by Nicholas Serota a t t h e Royal Society

o f A r t s

D e c e m b e r 19 Party a t t h e H a y w a r d Ga l le ry f o r The

C o n t e m p o r a r y A r t Society: 80 Years o f

C o l l e c t i n g .

3 - 1 4 O c t o b e r Fo re ign T r ip in 1991 :

N e w Or leans , Savannah , Char les ton a n d

A t l a n t a

Co l l ec t i ng o n a B u d g e t Course

Even ing sessions o f d i f f e r e n t aspects o f co l l ec t i ng

10

BUYER'S REPORTS 1 9 9 1

Pene lope Govet t To be o n e o f t h e t w o a n n u a l buyers f o r t h e C o n t e m p o r a r y A r t

Society is b o t h a p r i v i l e g e a n d a respons ib i l i t y . M i n d f u l o f t h e

d iscover ies o f buyer -predecessors , o n e app roaches t h e task w i t h

e x h i l a r a t i o n a n d t r e p i d a t i o n a n d sets o f f t o seek o u t some

g o o d p a i n t i n g s o f th i s fin de siecle.

I n u n d a t e d w i t h requests , sl ides a n d p h o t o g r a p h s f r o m a hos t o f

ar t is ts a n d dealers , b o t h h e l p f u l a n d h o p e f u l , i t w a s ha rd t o

d i s a p p o i n t m a n y t a l e n t e d a n d d i sce rn ing p e o p l e . The po l icy o f

t h e Society is t o a l l o w each buye r a t o t a l l y f r e e h a n d , so t h e

dec is ions are f i na l l y one ' s o w n , w h i c h is rare in these

c o m m i t t e e - g o v e r n e d days.

Conscious o f t h e h is tor ic ro le o f t h e Society in e n c o u r a g i n g n e w

ar t is ts , my m a i n c o n s i d e r a t i o n w a s t h a t m y acqu is i t i ons s h o u l d

be w o r k s o f q u a l i t y a n d a u t h o r i t y a n d g ive p leasure a n d be o f

i n te res t t o t h e spec ta to r . S o m e t h i n g t h a t I, a n d o the rs I h o p e ,

w o u l d be h a p p y a n d i m p e l l e d t o pause in f r o n t o f in a m u s e u m

o r ga l l e r y w h e r e v e r i t m i g h t be, a n d w o u l d t o an e x t e n t , w i t h

some o f t h e w o r k s , r ep resen t t h e m o o d o f ' a r t ' in 1 9 9 1 .

A p a i n t i n g by F iona Rae w a s my f i rs t purchase , b e f o r e her

s u b s e q u e n t inc lus ion o n t h e s h o r t list o f t h e T u r n e r Prize.

U n t i t l e d ( Y e l l o w Ochre) resists d e s c r i p t i o n b u t inc ludes l a rge

passages o f splashy abs t r ac t i on a n d ba lanced d e p t h s a n d

w e i g h t s o f co lou r , m o r e physical t h a n d iscurs ive. It was s h o w n

in t h e recen t C o n t e m p o r a r y A r t Society E x h i b i t i o n '80 Years o f

C o l l e c t i n g ' at t h e H a y w a r d Gal le ry , a n d o n t o u r .

F o l l o w i n g a v is i t t o t h e Carneg ie I n t e r n a t i o n a l in P i t t s b u r g h

w h e r e t h e n e x t p a i n t i n g w a s o n s h o w , I a c q u i r e d Lisa M i l r oy ' s

L i g h t b u l b s 1991 - an a l m o s t abs t rac t g r i d o f e lec t r ic bu lbs

f o r m a l l y a r r a n g e d a n d p a i n t e d in he r d i s t i nc t i ve sty le.

The la rge b i o m o r p h i c p a i n t i n g by N icho las M a y is c o n c e r n e d

w i t h process. The m e t a l l u r g i c a l c o n t e n t causes t h e p a i n t i n g t o

sh i f t a n d change , i n t e r a c t i n g w i t h t h e s u r r o u n d i n g space a n d

l i g h t a n d b r ings t o m i n d t h e h a n d o f t h e a l chemis t .

lan D a v e n p o r t ' s p a i n t i n g o f 1989 is o n e o f his ea r l i e r w o r k s .

A n o t h e r ' hands o f f p a i n t e r he d r ips a n d pou rs cascades o f

c o l o u r e d p a i n t f r o m t h e t o p t o t h e b o t t o m o f t h e canvas. This

p a i n t i n g has an u n r u l y q u a l i t y - u n l i k e his la test w o r k w h i c h is

h i g h l y c o n t r o l l e d a n d i nva r i ab l y m o n o c h r o m a t i c .

Forms w i t h o u t L i fe by D a m i e n Hirst is a series o f v i t r i nes

c o n t a i n i n g assor ted shel ls. Pr inc ipa l ly a c o n c e p t u a l a n d

i n s t a l l a t i o n ar t is t , w h o s e pieces o f t e n re la te t o l i fe a n d d e a t h ,

t h e t i t l e d r a w s one ' s a t t e n t i o n t o t h e o r i g i n a l f u n c t i o n a n d

once l i v ing occupan t s o f some o f t h e c o m p o n e n t par ts .

11

A l l t h e s e y o u n g ar t is ts c o m e f r o m a t a l e n t e d g e n e r a t i o n a t

G o l d s m i t h s ' Co l lege , t h o u g h even a m o n g s t ar t is ts t h a t have

s h o w n t o g e t h e r a n d k n o w o n e a n o t h e r , t h e r e is l i t t l e ev idence

o f a co l lec t i ve i m a g i n a t i o n in t h e i r w o r k .

Cal lan ish by Hamish F u l t o n is a la rge p h o t o g r a p h a n d t e x t o f

t h e m e g a l i t h i c m o n u m e n t in t h e Hebr ides , t h e e n d p o i n t o f a

100 m i l e w a l k in 1976.

The t w o Freud e t ch ings are m y f a v o u r i t e s f r o m t h o s e e x e c u t e d

t h u s fa r . M a n Posing is a m o r e reso lved w o r k t h a n m a n y , a n d

t h e H e a d a n d Shou lde rs o f a Gir l has a p o i g n a n c y t h a t I f i n d

c o m p e l l i n g . This a b i l i t y t o e v o k e an a t m o s p h e r e c o m p l i m e n t s

t h e p rec is ion a n d d isc ip l ine o f th i s ar t is t 's t e c h n i q u e .

K a p o o r ' s d r a w i n g s are n o t s tud ies f o r scu lp tu re b u t

i n d e p e n d e n t w o r k o f a r t , o f t e n d e a l i n g w i t h cosmic t h e m e s

r e l a t i n g t o t h e myster ies o f l i fe a n d p r o c r e a t i o n . In t h e o n e I

have chosen , w h i c h is b r i g h t c a d m i u m y e l l o w , t h e c o l o u r

co r responds t o o n e o f t h e f o u r stages o f a l chemy , xan thos is

( y e l l o w i n g ) in th i s ins tance. The o p e n i n g , o r o r i f i ce in t h e

cen t re b e i n g t h e p o i n t o f access t o t h e h i d d e n i n te r i o r , 'a st i l l

p o i n t a t t h e c e n t r e o f a chao t i c v o r t e x ' .

M y task has p r o v e d t o be an i m p o r t a n t expe r ience , a r e w a r d i n g

cha l l enge , a n d my a r d e n t h o p e is t h a t t h e w o r k s I have chosen

w i l l be e n j o y e d by m a n y m u s e u m vis i tors, a n d w i l l be t h e k i n d

o f i n v e s t m e n t f o r t h e f u t u r e f o r w h i c h h i t h e r t o t h e

C o n t e m p o r a r y A r t Soc ie ty has h a d such a c o m m e n d a b l e

r e p u t a t i o n .

It is an a s t o n i s h i n g p r i v i l e g e t o purchase w o r k s o f a r t o n b e h a l f

o f t h e C o n t e m p o r a r y A r t Society, a n d t h e r e f o r e u l t i m a t e l y o n

b e h a l f o f o u r pub l i c co l l ec t i ons . As fash ions c h a n g e , a n d cycles -

w e l l - cycle a n d re-cycle, t h e buye r has t o dec ide , f o r e x a m p l e ,

w h e t h e r t o t r y f o r a r t a t t h e e d g e , t h e n e w , t h e u n t r i e d , or ,

cons i de r i ng w h a t has h a p p e n e d t o pr ices, t h e very g r a n d e s t o f

names w i t h pe rhaps n o t t h e g r a n d e s t o f pieces.

I m a d e a conscious dec is ion t o purchase in so f a r as poss ib le

f r o m ga l le r ies : ga l le r ies are cruc ia l f o r t h e h e a l t h o f a r t , a n d are

t h e m a j o r pub l i c f a c t a n d face f o r ar t is ts , a c t i n g as pub l i shers

( w i t h al l t h e g r u m b l e s , some t imes , f r o m b o t h cus tomers a n d

ar t is ts t h a t t h a t c o m p a r i s o n m i g h t sugges t ) . Gal ler ies in recen t

t i m e s have also b e e n u n d e r s iege, f r o m t h e recession, o f course,

c o m p l i c a t e d by h i g h rents , inescapab le ove rheads , a n d t h e l i ke .

Th ree o f t h e e i g h t ga l le r ies f r o m w h o m I pu rchased w o r k in m y

buyer 's year , d e d i c a t e d as t h e y have been a n d are, d o n o t

12

m a i n t a i n pub l i c premises as o f n o w . O the rs , h o w e v e r , a re in

t e r m s o f t h e i r pub l i c presence, g o i n g f r o m s t r e n g t h t o s t r e n g t h .

M y purchases are a l l w a l l h a n g i n g w o r k s - p a i n t i n g s a n d w o r k s

o n paper . T h e la rges t o f al l was pu rchased f r o m t h a t es t imab le

b i - a n n u a l c o m p e t i t i o n , t h e John M o o r e s a t t h e W a l k e r A r t

Gal lery L i ve rpoo l , w h e r e i n d e e d , t h e A d a m L o w e l o o k e d a l m o s t

i n t i m a t e l y a t h o m e . I have been a l o n g t e r m a d m i r e r o f t h e

p a i n t i n g o f J o h n G o l d i n g , his a r t t o m e an i m a g i n a t i v e

c o n c a t e n a t i o n o f c o l o u r e d l i gh t : ga l le r ies t h a t have t h e m , love

t h e m a n d s h o w t h e m , a n d I a lways f i n d m y spi r i ts l i f t e d w h e n I

c o m e u p o n a G o l d i n g o n m y t rave ls . A l a n Reynolds represents

t o m e t h a t p u r i t y o f cons t ruc t i v i s t lyr ical g e o m e t r y w h e r e a l l is

a Tightness o f l i g h t a n d s h a d o w - a s t r u c t u r e . A r t u r o d i S te fano

i m a g i n a t i v e l y echoes t h e i m a g e o f t h e ar t i s t w i t h his e v o c a t i o n

o f an o l d p h o t o g r a p h o f Degas m a d e a l m o s t l i fe size. S tephen

F a r t h i n g , t o o , recalls French l i t e r a t u r e in his e v o c a t i o n o f a w i l d

d o m e s t i c i t y . M i c h a e l Por te r plays w i t h n o t i o n s o f

r e p r e s e n t a t i o n , o f landscape as p h o t o g r a p h , sc raw l , scr ibb le -

a n d p a i n t i n g . C h a r l o t t e Ve r i t y ' s e l e g a n t l y d e p l o y e d o rgan i c

f r a g m e n t s sugges t w h o l e fo res ts w i t h b u t a t w i g o r st ick

e v o k e d in p a i n t . A m a n d a Fau lkne r uses scale t o a d v a n t a g e ,

i nves t ing w h a t seems t o be a persona l m y t h w i t h i n d i v i d u a l

e m o t i o n s . Co l in Smi th 's w a r d r o b e s cu r ious ly suggest t h e

a t t r a c t i v e seediness o f a B-mov ie ; t h e p a i n t is succu len t . Dav id

T ind le 's ca lm st i l l l i fes a n d i n te r i o r s a re i m m a c u l a t e a n d serene.

B o t h t h e T i n d l e a n d t h e F a r t h i n g w e r e f e a t u r e d in a

r e m a r k a b l e e x h i b i t i o n dev ised by A n n e G o o d c h i l d o f t h e

Graves Gal le ry , S h e f f i e l d , ca l led The A b s e n t Presence, in w h i c h

t h e ways in w h i c h Br i t ish ar t is ts have d e p i c t e d t h e i n t e r i o r

e m p t y o f t h e h u m a n f o r m w e r e d e m o n s t r a t e d a n d a n a l y z e d .

E n o u g h pe rhaps o f a breath less r e c o u n t i n g o f a g r o u p o f w o r k

w h i c h s h o u l d suggest t h e i m a g i n a t i o n st i l l t o be f o u n d in t h e

e x p a n d i n g v o c a b u l a r y o f r e p r e s e n t a t i o n a l a n d abs t rac t v isual

l anguages - a n d l a n g u a g e s o f v i s ion . Had f u n d s p e r m i t t e d m o r e

c o u l d be d o n e . Bu t h e r e is a r a n g e o f ages a n d a v a r i e t y o f

careers a n d a d e p t h a n d b r e a d t h o f p e r c e p t i o n , t o suggest h o w

t h e w o r k o f ar t is ts m a y a n d does en r i ch o u r o w n sense o f h o w

t o l o o k a n d w h a t t o see.

W h e n I was asked t o be t h e CAS Cra f t Buyer f o r 1991 I accep ted

eager l y , in t h e a n t i c i p a t i o n t h a t t h e e x p e r i e n c e w o u l d be b o t h

e n j o y a b l e a n d i ns t ruc t i ve . So i t p r o v e d , b u t o n l y a f t e r I h a d

c la r i f i ed t o myse l f w h a t m y po l i cy s h o u l d be in b u y i n g f o r

pub l i c co l lec t ions r a t h e r t h a n f o r m y o w n h o m e . It seemed t h a t

t h e sp i r i t o f t h e i n d i v i d u a l b u y i n g scheme o p e r a t e d by t h e CAS

requ i res t h e buye r t o cover a w i d e r a n g e o f d i f f e r e n t c ra f t

ma te r i a l s a n d t r a d i t i o n s a n d , sa l ien t l y , t h a t cho ice s h o u l d be

13

m a d e w i t h t h e eye a n d n o t w i t h t h e ear, in o t h e r w o r d s

acco rd i ng l y t o pe rsona l expe r ience , conv ic t ions a n d tas te

w i t h o u t r e g a r d t o f a s h i o n a n d cr i t ica l d i k t a t . So 1 s o u g h t w h a t 1

j u d g e d t o be w o r k s o f qua l i t y , b o t h aes the t i c a n d t echn i ca l ; i f a

p iece also ev inced h u m o u r , w i t , joie de vivre, so m u c h t h e

be t t e r . I w a s also b iased in f a v o u r o f r ich c o l o u r a n d t e x t u r e , in

t h e f i r m be l i e f t h a t t hese p r o p e r t i e s are especia l ly des i rab le in

w o r k s d e s t i n e d f o r pub l i c d isp lay. The re w e r e , o f course,

p rac t i ca l l i m i t a t i o n s . B u y i n g 12 or so i tems, my a l l oca ted t a r g e t ,

o n a l i m i t e d b u d g e t obv i ous l y imposed pr ice res t r i c t ions so

t h a t , f o r ins tance, po t s by Lucie Rie o r E l i zabe th Fritsch w e r e

o u t o f reach , t h o u g h g r e a t l y t o m y tas te . T h e n , t o o , I h a d t o

t a k e a c c o u n t o f w h a t h a d a l ready been b o u g h t by my t h r e e

predecessors in th i s CAS b u y i n g p e r i o d so as t o a v o i d t o o m u c h

r e p e t i t i o n .

Desp i te these p r o b l e m s , t h e w h o l e expe r i ence w a s even m o r e

e n j o y a b l e t h a n i h a d e x p e c t e d . This was in la rge measure d u e

t o t h e he lp a n d c o o p e r a t i o n o f t h e va r ious makers a n d dea le rs I

a p p r o a c h e d . I t h a n k t h e m a l l , a n d i pa r t i cu la r l y a c k n o w l e d g e

t h e g e n e r o u s h e l p o f K i t a n d John Har t o f t h e Har t Gal lery ,

Lin by, N o t t i n g h a m s h i r e in m y ques t f o r a p iece by t h a t w i z a r d

w o o d c a r v e r , Robe r t Lee; a n d I a m especia l ly g r a t e f u l f o r t h e

g e n e r o u s g r a n t f r o m B o n h a m s w h i c h a i i o w e d m e t o acqu i re

t w o supe rb po ts by John W a r d .

14

PURCHASES FOR THE YEAR

lan Davenport

Lucian Freud

Hamish Fulton

Damien Hirst

Anish Kapoor

Nicholas May

Lisa Mi i roy

Fiona Rae

Unt i t led 1989 household paint on canvas 243.8 x 243.8 cms Purchased f rom Wadd ing ton Galleries

Head and Shoulders of a Girl 1990 or ig inal etching 25/50, 96.5 x 61 cms Man Posing 1985 or ig inal etching 45/50, 70 x 55 cms Purchased f r o m Desmond Page

Callanish. A Five Day One Hundred Mile Walk Outer Hebrides Scotland 1975 f ramed pho tograph w i t h tex t 118 x 136 cms Purchased f rom Roger Bevan Forms W i t h o u t Life 1991 MDF, melamlne, w o o d , steel, glass and assorted sea shells 182.9 x 274.3 x 30.5 cms Purchased f r o m Jay j o p l i n g Fine Ar t Unt i t led 1990 ink, acrylic med ium and p igment on paper 76.5 x 55 cms Purchased f r o m The Green Contemporary A r t Sale Unt i t led Set V 1 1990 oil on canvas 136 x 122 x 10.5 cms Purchased f r o m Paley Wr igh t , Inter im Ar t Ltd.

Lightbulbs 1991 oil on canvas2Q3.2 x 259.1 cms Purchased f rom Lisa Mtlroy Unt i t led (Yel low Ochre) 1990 oil on canvas 198 x 183 cms Purchased f rom Wadd ing ton Galleries

A r t u r o di Stefano

Stephen Farthing

Amanda Faulkner

John Goiding

Adam Lowe

Michael Porter

Alan Reynolds

Colin Smith

David Tindle

Char lot te Veri ty

Degas 1990 oil and wax on l inen 168 x 97 cms Purchased f rom Pomeroy Purdy Gailery A Room in Saumur 1990 oil on canvas 173 x 207 cms Purchased f rom Edward Totah Gallery

Big Red Journey 1990 pastel, charcoal, chalk on paper 160 x 242 cms Purchased f r o m Flowers East

Daphne 1991 mixed media on cot ton duck 152.5 x 336.2 cms Purchased f r o m Mayor Rowan Gallery

The Homely Protestant 1991 oil and epoxy resin on canvas 180.5 x 333 cms Purchased f r o m Pomeroy Purdy Gallery

Close t o the Ground Series 1991 pva and oil on paper 138 x 101 cms Purchased f rom Pomeroy Purdy Gailery

Structures Group III (4) 19S9 prepared card on w o o d 120 x 120 cms

Modular Study-Mirror 29 & 30 1990 lead pencil on paper laid on card

56 x 66 cms (each) Purchased f rom Annely Juda Fine Ar t

Wardrobe 3 1990 oil on canvas 183 x 167.6 cms Purchased f rom Anderson O'Day Fine Ar t

High Room 1989 egg tempera on board 67 x 84 cms Purchased f r o m Fischer Fine Ar t

Unt i t led 1989/90 o i ! on canvas 70 x 107.5 cms

Purchased f r o m Anne Berthoud Gallery

Robin Banks

Kei th Brocklehurst

Jason Col l ingwood

Dish 1990 black jewel lery enamel on spun copper w i t h silver and gold coloured

design 4 cms high, 39 cms diameter Purchased f rom Robin Banks

Mesa Ascent 1991 cast g round polished glass bo t t le 26 cms high, 14 cms w ide , 6.5 cms deep Purchased f rom Contemporary App l ied Arts

Woo l , l inen and horsehair rug 1991 212 x 100 cms Purchased f r o m Jason Col l ingwood

15

Lisa Collins

Emmanuel Cooper

Maggie Henton

Robert Lee

John Maltby

William Marshall

Justine Randall Michael Scott

Pauline Solven

John Ward

Inner Spell 1989 woven tapestry, hand dyed wool weft on cotton warp 101.6 x 81.2 cms Purchased from Lisa Collins City Heat I 1991 glazed porcelain jug 27.5 cms high, 26 cms wide, 9 cms deep Blue Day 1991 glazed porcelain bowl 15 cms high, 36 cms diameter Purchased from Emmanuel Cooper Tall pot with lid 1991 dyed cane, plastic tape and wire 71 cms high, 30.5 cms diameter Purchased from Maggie Henton Type Face Comedy 1991 wood 70 cms high, 53 cms wide, 5 cms deep Purchased from Hart Gallery, Nottingham Two part ceramic form 1990 33 cms high, 25.4 cms wide, 12.7 cms deep Purchased from Contemporary Applied Arts Tall stoneware slab-built pot 1991 46 cms high, 20 cms wide, 7 deep Purchased from Vincent Gallery, Exeter Large stoneware bottle 1990 tenmoku glaze with kaki decoration 39 cms high, 28 cms diameter Purchased from Sheila Harrison Ever Evolving 1991 tapestry 52 x 35.5 cms Purchased from Justine Randall Tall wooden vessel with iron posts 1991 92 cms high, 30 cms diameter Purchased from Craft Shop, Festival Hall Three cornered glass bowl 1991 16.5 cms high, 20 cms diameter Purchased from Opus 1 Stoneware pot 1991 20.5 cms high, 15 cms diameter Stoneware Pot 1991 23 cms high, 13.5 cms diameter Purchased from Bonhams, with the aid of a grant from W & F C Bonham & Sons Ltd.

HENRY MOORE FOUNDATION

Peter Burke Figure in Niche 1991 found metal and wood 115.5 x 68.6 x 28 cms Purchased from New Art Centre

lan Hamilton Finlay Obelisk CORDAY LUX 1989 slate 34 x 7.5 x 7.5 cms Purchased from Victoria Miro Gallery

Alexander Hartley Untitled (Division) 1991 MDF photograph, aluminium, perspex 83.5 x 89 cms Purchased from Anderson O'Day Fine Art

Shirazeh Houshiary My Occidental Exile 1998 copper, pure crystal quartz, sulphur molton solder and water, dimensions variable Purchased from Lisson Gallery

Anish Kapoor Void Stone 1990 limestone and pigment 119.4x 127.2 x 101.6 cms Purchased from Lisson Gallery

David Nash Sliced Wall Leaner (Cherry Stripe) 1991 cherry wood 277 x 36 x 79 cms Slice Wall Leaner 1991-92 charcoal on paper 140.3 x 94.5 cms Purchased from Annely Juda Fine Art

Vincent Woropay Recco's Gecko 1988 bronze ed.6 artist's proof 52 cms high Purchased from Gillian Jason Gallery

PURCHASES FOR THE HARRIS MUSEUM AND A R T GALLERY, PRESTON

Dhruva Mistry Her Head 1986 plaster 115 x 95 x 120 cms Light Passion and Darkness (Nos.16 and 19) 1986 gold leaf on plaster 48 x 46 cms (each) Purchased from Nigel Greenwood Gallery

Ana Maria Pacheco Study of Head 1990 polychromed wood 26 cms high Study of Head 1990 polychromed wood 27 cms high Untitled drawing 1990 charcoal, graphite and pastel on paper 73 x 63.8 cms Untitled drawing 1990 charcoal, graphite and pastel on paper 101 x 109.8 cms A Little Spell in Six Lessons 1988 Set of six original drypoints in painted sycamore box ed.6 of 15 Box by Rod Wales, 1989 22 x 22 cms Purchased from Pratt Contemporary Art

Boyd Webb Siblings 1989 Unique colour photograph (2 part) 158 x 246 cms Purchased from Anthony d'Offay Gallery

16

PURCHASES FOR THE RUGBY COLLECTION OF CONTEMPORARY A R T

Richard Gilbert Pizza (Wabash Study) 1991 pastel on paper 102 x 65.5 cms Purchased from Raab Gallery

PURCHASES FOR THE FERENS A R T GALLERY, HULL

Buyer: Robert Cumming

Simon Laurie

Eileen Lawrence

Bruce McLean

Sir Eduardo Paolozzi

GIFTS TO THE SOCIETY

Anish Kapoor Richard Kidd Lisa Milroy

Sleeping Saint's Vision 1991 watercolour and collage Purchased from Simon Laurie Prayer Stick 1991 watercolour on/and handmade paper and Japanese silk tissue with gold and liquid leaf iridescent acrylic and flakes of mica set into handmade paper 96 x 6 inches Purchased from Eileen Lawrence Horizonal Dawn 1991 original screenprint and pastel ed.60 59 x 47 inches Purchased from William Jackson Gallery

Mein Kolner Dom: Blueprint for a New Museum 1980-81 set of 6 stone lithograph/silkscreen prints ed.50 75 x 63 cms (each) Blueprint for a New Museum 1981 stone lithograph/silkscreen print ed.50 75 x 63 cms Purchased from Sir Eduardo Paolozzi

Untitled 1989 oil and emulsion on paper 75 x 54.4 cms Presented by the artist Polar Cathedral 1991 oil on canvas 158.7 x 179 cms Presented anonymously Lightbulbs 1991 original etching 31.5 x 43.5 cms Presented by the artist

LOANS MADE DURING 1 9 9 1

To SCOTTISH ART IN THE 20TH CENTURY AT THE ROYAL WEST OF ENGLAND ACADEMY, CLIFTON BRISTOL

Alexander Moffat Ron O'Donnell

Portrait of Timothy Hyman August 1987 oil on canvas 112x112 cms Rare Birds and Soft Leopards 1989 cibachrome type print ed.5 152.4 x 111.7 cms

To HARRY HOLLAND RETROSPECTIVE EXHIBITION AT NEWPORT ART GALLERY, AND THE HERBERT ART GALLERY COVENTRY

Harry Holland Shadow 1988 oil on canvas 154.3 x 127 cms

To UNILEVER PLC.

Howard Hodgkin

Lucy Jones Leonard McComb

David's Pool 1985 softground etching and aquatint with handcolouring in ink ed.100 63.7x79.1 cms Monsoon 1988 lithograph with hand colouring ed.85 35.8 x 107.6 cms Southbank, Summer 1988 oil on canvas 175 x 213 cms Pears and Oranges, Cyprus 1987 oil on canvas 90 x 64.4 cms

17

SUBSCRIPTIONS AND DONATIONS FOR

HE YEAR ENDING 3 1 DECEMBER

£

A b e r d e e n A r t Ga l le ry & M u s e u m s 170

A b e r d e e n : Fr iends o f t h e M u s e u m s 80

A d e l a i d e , A u s t r a l i a : A r t Ga l le ry o f Sou th Aus t ra l i a 400

Ay r : M a c l a u r i n Ga l le ry 300

B e d f o r d : Cecil H igg ins A r t Gai lery 200

Bel fas t : Ulster M u s e u m 450

Bel fas t : Fr iends o f t h e Uls ter M u s e u m 50

B i r k e n h e a d : W i l l i a m s o n A r t Gal lery 200

B i r m i n g h a m : Ci ty A r t Gai lery 200

B l a c k p o o l : G r u n d y A r t Ga l le ry 200

B o l t o n M u s e u m & A r t Ga i le ry 100

B o l t o n : Fr iends o f t h e M u s e u m & A r t Ga l le ry 100

B r a d f o r d : C a r t w r i g h t Ha l l A r t Gal lery 200

B r i ghouse A r t Ga l le ry 200

Br is to l : Ci ty A r t Ga l le ry 300

C a m b r i d g e Un ivers i t y : F i t z w i l l i a m M u s e u m 200

Card i f f : N a t i o n a l M u s e u m o f Wa les 5,000

C a r m a r t h e n C o u n t y M u s e u m 200

C h e l m s f o r d & Essex M u s e u m 200

C h e l t e n h a m A r t Ga l le ry 200

C leve land C o u n t y Leisure Services 300

Coven t r y : H e r b e r t A r t Ga l le ry 200

D a r l i n g t o n M u s e u m & A r t Gal lery 200

D e r b y M u s e u m & A r t Ga l le ry 250

Doncas te r M u s e u m & A r t Gai lery 200

D u d l e y A r t Ga l le ry 200

D u n d e e M u s e u m & A r t Gal iery 200

Eas tbou rne : T o w n e r A r t Ga l le ry 200

E d i n b u r g h : Scot t ish N a t i o n a l Ga l ie ry o f M o d e r n A r t 550

E d i n b u r g h A r t Cen t re 200

Exeter : Royal A l b e r t M e m o r i a l M u s e u m 200

G l a s g o w A r t Gal ler ies & M u s e u m 500

G l a s g o w Un ivers i t y A r t Co l l ec t i on Fund 200

H a r r o g a t e C o r p o r a t i o n A r t Gal lery 200

H e r e f o r d Ci ty M u s e u m 200

H u d d e r s f i e l d A r t Ga l le ry 200

H u l l : Ferens A r t Ga l le ry 200

H u l l : Fr iends o f t h e A r t Ga l le ry 10

Hu l l Un ivers i t y A r t Co l l ec t i on 200

Inverness M u s e u m & A r t Gal iery 200

Ipswich M u s e u m & A r t Ga l le ry 200

K e n d a l : A b b o t Hal l A r t Ga l le ry 200

K e t t e r i n g A r t Ga l ie ry 200

K i rkca ldy M u s e u m & A r t Gal lery 200

L e a m i n g t o n Spa A r t Ga l ie ry 200

Leeds City A r t Gal ler ies 200

Leeds A r t Co l lec t ions Fund 60

Leeds Un ivers i t y A r t Co l l ec t i on 450

Leicestershi re M u s e u m s , A r t Gai ier ies & Records Service 230

18

£

Leicestershi re Educa t i on A u t h o r i t y 200

L inco lnsh i re M u s e u m s 140

L inco ln M u s e u m s & A r t Ga l le ry : Fr iends 60

L i v e r p o o l : W a l k e r A r t Gai lery 200

L i v e r p o o l : Un ivers i t y A r t Co l lec t ions Fund 200

L o n d o n : Br i t ish M u s e u m Dep t . o f Pr ints & D r a w i n g s 500

L o n d o n : V ic to r ia a n d A l b e r t M u s e u m 275

M a n c h e s t e r Ci ty A r t Ga l le ry : P e r m a n e n t Co l l ec t i on 200

R u t h e r s t o n Co l l ec t i on 200

M a n c h e s t e r Un ivers i t y : W h i t w o r t h A r t Ga l le ry 250

M a n c h e s t e r Un ivers i t y : Fr iends o f t h e W h i t w o r t h A r t Ga l le ry 60

M i d d l e s b r o u g h : D o r m a n M e m o r i a l M u s e u m 200

Newcas t le u p o n Tyne : La ing A r t Ga l le ry 200

Newcas t l e u p o n T y n e : Fr iends o f t h e A r t Ga l le ry 60

Newcas t le Un ivers i ty : H a t t o n Gal lery 200

N e w p o r t A r t Ga l le ry 300

N o r t h a m p t o n A r t Ga l le ry 200

N o r w i c h : Cast le M u s e u m & A r t Ga l le ry 400

N o t t i n g h a m : Castle M u s e u m & A r t Ga l le ry 200

O l d h a m A r t Ga l le ry 200

Paisley M u s e u m , A r t Gal ler ies & Coats O b s e r v a t o r y 200

P e t e r h e a d A r b u t h n o t A r t Gal lery 200

P l y m o u t h A r t Gal lery 200

P o r t s m o u t h Ci ty M u s e u m & A r t Ga l le ry 200

Pres ton : Harr is M u s e u m & A r t Ga l le ry 200

R e a d i n g A r t Ga l le ry 200

Rochda le M u s e u m & A r t Ga l le ry 200

Sa l fo rd M u s e u m & A r t Ga l le ry 100

Sa l f o rd : Fr iends o f t h e M u s e u m & A r t Ga l le ry 100

Sal isbury: John Creasey M u s e u m 200

S h e f f i e l d : Graves A r t Ga l le ry 400

S o u t h a m p t o n A r t Ga l le ry 400

S o u t h p o r t : A t k i n s o n A r t Gai lery 200

S ta l yb r i dge : As t ley C h e e t h a m A r t Ga l le ry 200

S toke o n T r e n t M u s e u m & A r t Ga l le ry 200

S u n d e r l a n d M u s e u m & A r t Ga l ie ry 200

Swansea: G l ynn V i v i a n A r t Gal lery 550

S w i n d o n A r t Ga l le ry 200

Sydney, Aus t ra l i a , A r t Ga l le ry o f N e w Sou th Wa les 200

W a k e f i e l d M u s e u m & A r t Gal lery 140

W a k e f i e l d P e r m a n e n t A r t Fund 60

Un ivers i t y o f W a r w i c k : A r t s Cen t re 475

W o i v e r h a m p t o n A r t Ga l le ry & M u s e u m 200

W o l v e r h a m p t o n : Fr iends o f t h e A r t Ga l le ry & M u s e u m 60

Worces te r Ci ty M u s e u m & A r t Ga l le ry 200

W o r k s o p M u s e u m & A r t Ga l ie ry 200

Y o r k A r t Ga l le ry 200

19

FROM PUBLIC A R T GALLERIES f

CRAFT A b e r d e e n A r t Ga l le ry & M u s e u m s 25

Bel fas t : Ulster M u s e u m 50

B i r k e n h e a d : W i l l i a m s o n A r t Gal lery 25

B i r m i n g h a m : Ci ty A r t Gal lery 50

B l a c k p o o l : G r u n d y A r t Ga l le ry 25

B o l t o n M u s e u m a n d A r t Gal lery 25

B r a d f o r d : C a r t w r i g h t Hal l A r t Ga l le ry 25

B r i ghouse A r t Ga l le ry 25

Br is to l : Ci ty A r t Ga l le ry 30

C a m b r i d g e Un ivers i t y : F i t zw i l l i am M u s e u m 25

C a r m a r t h e n C o u n t y M u s e u m 25

C h e l t e n h a m A r t Ga l le ry 100

C leve land C o u n t y Leisure Services 25

D u d l e y A r t Ga l le ry 25

Exeter : Royal A l b e r t M e m o r i a l M u s e u m 25

G l a s g o w A r t Gal ler ies & M u s e u m 100

G u i l d f o r d House Ga l le ry 30

H u d d e r s f i e l d A r t Ga l le ry 25

Leicestershi re M u s e u m s , A r t Gal ler ies & Records Service 65

L inco lnsh i re M u s e u m s 25

L o n d o n : V i c t o r i a a n d A l b e r t M u s e u m 275

M a n c h e s t e r Ci ty A r t Ga l le ry 25

M a n c h e s t e r Un ivers i t y : W h i t w o r t h A r t Ga l le ry 25

N e w p o r t A r t Ga l le ry 25

N o t t i n g h a m : Cast le M u s e u m & A r t Gal lery 25

Paisley M u s e u m , A r t Gal ler ies a n d Coats Obse rva to r y 25

P e t e r b o r o u g h City M u s e u m & A r t Ga l le ry 25

P l y m o u t h A r t Ga l le ry 25

P o r t s m o u t h Ci ty M u s e u m & A r t Gal lery 25

R e a d i n g A r t Ga l le ry 25

Sa l fo rd M u s e u m & A r t Gal lery 25

S h e f f i e l d : Graves A r t Ga l le ry 100

S o u t h a m p t o n A r t Ga l le ry 50

S o u t h p o r t : A t k i n s o n A r t Ga l le ry 25

S toke o n T r e n t M u s e u m & A r t Gal lery 25

Swansea: G l y n n V i v i a n A r t Gal lery 25

S w i n d o n A r t Ga l le ry 25

Tyne & W e a r C o u n t y Counc i l 25

W a k e f i e l d M u s e u m a n d A r t Ga l le ry 25

Un ivers i t y o f W a r w i c k : A r t s Cen t re 25

20

FROM CORPORATE PATRON £

O p p e n h e i m e r C h a r i t a b l e Trus t 1,000

FROM CORPORATE MEMBERS E u r o m o n i t o r 7 5 0

Bar i ng F o u n d a t i o n 5 0 0

Bonas a n d Co. 5 0 0

B.P. 500

Char te r C o n s o l i d a t e d 500

C r o w l e y Colosso Ho ld i ngs L td . 500

The Economis t N e w s p a p e r L td . 500

H e n n i g 5 0 0

M a n p o w e r UK 500

M i n o r c o Services 500

Ocean T r a n s p o r t & T r a d i n g pic. 500

Ove A r u p 500

Robe r t F l em ing H o l d i n g s L td . 500

J. Sa insbury pic. 500

THORN EMI 500

TSB G r o u p pic. 500

Un i l eve r pic. 500

FROM A R T DEALERS A n n e l y Juda Fine A r t 300

The M o n t p e l i e r S t u d i o 250

B e n j a m i n Rhodes Ga l le ry 200

The Fine A r t Society 200

A n d e r s o n O 'Day 100

A n t h o n y D ' O f f a y 100

Berke ley Square Ga l le ry 100

Crane K a l m a n Gal lery 1 0 0

Fischer Fine A r t 100

F lowers East 100

Gal le ry 10 100

G i m p e i Fils 100

Lefevre Ga l le ry 100

Lisson Ga l le ry 100

Pra t t C o n t e m p o r a r y A r t 100

Red fe rn Ga l le ry 100

Sue W i l l i a m s Ga l le ry 1 0 0

T o d d Gal lery 100

W a d d i n g t o n Gal ler ies L td 100

W i l d e n s t e i n & Co. 100

21

ROM OTHERS £

G a r f i e l d W e s t o n F o u n d a t i o n 2,500

The Rayne F o u n d a t i o n 500

Nev i l le a n d E m m a S h u l m a n 500

G loba l Asset M a n a g m e n t UK Ltd 375

A n d r y M o n t g o m e r y L td . 250

I V A s k e w C h a r i t a b l e Trus t 250

Po l lock VTS Trus t 250

T r i a n g l e Trus t (1949) Fund 250

Sir A n d r e w C a r n w a t h ' s Cha r i t ab l e Trus t 200

Col in Clark Esq. 200

Mrs Frances Barker 150

Mrs Pamela Sher idan 's Cha r i t ab l e S e t t l e m e n t 150

Nancy B a l f o u r C h a r i t a b l e Trus t 100

The Marquess o f D o u r o 100

Lady G i b b e r d 100

M e y e r Cha r i t ab l e Trus t 100

Robe r t a n d Lisa Sa insbury Cha r i t ab l e Trust 100

A n o n y m o u s 50

Sir A l a n a n d Lady Bowness 50

Ralph Clark Esq 50

Sir M i c h a e l C u l m e - S e y m o u r 50

Le Cha t No i r 50

M r a n d Mrs A l f r e d Rubens 50

M r T i m o t h y Sainsbury, MP, a n d Mrs Sainsbury 50

M r a n d Mrs P. S imor 50

The Lady Va izey ( l ec tu re f ee ) 50

22

A U D I T O R S R E P O R T T O T H E W e n a v e a u d i t e d t h e f i n a n c i a l s t a t e m e n t s o n pages 23 t o 28 in

M E M B E R S O F T H E

C O N T E M P O R A R Y A R T

S O C I E T Y

accordance w i t h a p p r o v e d a u d i t i n g s tanda rds .

In o u r o p i n i o n t h e f i n a n c i a l s t a t e m e n t s g ive a t r u e a n d fa i r

v i e w o f t h e s ta te o f t h e c o m p a n y ' s a f f a i r s at 31 D e c e m b e r 1991

a n d o f i ts d e f i c i t a n d source a n d a p p l i c a t i o n o f f u n d s f o r t h e

year t h e n e n d e d a n d c o m p l y w i t h t h e C o m p a n i e s A c t 1985.

NEVILLE RUSSELL

C h a r t e r e d A c c o u n t a n t s a n d Reg is te red A u d i t o r

246 B ishopsga te

L o n d o n EC2M 4PB

28 A p r i l 1992

T H E CONTEMPORARY A R T SOCIETY

(A company limited by guarantee and not having a share capital) BALANCE SHEET

3 1 DECEMBER 1 9 9 1

Fixed Assets Investments Subsidiary Company Other

NOTES

10 2

15,000 34,946

1991

£

49,946

2 44.601

1990

£

44,603

Current Assets Debtors Cash at bank and in hand

89,114 96.905

186.019

84,799 120.884 205.683

Current Liabilities Creditors falling due within one year

Net Current Assets

79.907

106,1 12 £156,058

87.602

118.081 £162,684

Accumulated Fund Balance at 1 January 1991 (Deficit)/Surplus per Income and Expenditure Account

162,684

(6.626) £156,058

160,571

2.113 £162,684

Approved by the Committee on 28 April 1992 and signed on its behalf by

David Gordon Rupert Gavin Members of the Committee

23

T H E CONTEMPORARY A R T SOCIETY

INCOME AND EXPENDITURE ACCOUNT

for the year ended 3 1 DECEMBER 1 9 9 1

NOTES

Income Subscriptions and donations from members Income tax recoverable on deeds of covenant

42,607

749

1991 £

1990 £ £

61,987

2.752

Bequests and donations Grants Hayward Sponsorship Covenanted income from subsidiary company Income from listed investments (gross) Other interest receivable Net income from Events and Courses for members Surplus from other activities Arts Council Incentive Funding

43,356

19,247 74,125 43,540

82,727

4,447 8,561

3,975 3,082

36.000

64,739

34,300 81,125

65,101

4,333 10,980

2,574

Less: Administration expenses 8 91,382 Auditors' remuneration 1,250 Hayward Gallery - Publication and exhibition costs 43,533

319,060

74,505 2,500

263,152

Add: 1990 Grants allocated to purchases made in 1991

Less: Grants allocated to purchases to be made in 1992

Less: Pictures, sculptures and crafts purchased

(Deficit)/Surplus for the year

136.165 182,895

24.259 207,154

17.080 190,074

196.700

(£6,626)

77.005 186,147

20,858 207,005

24.259 182,746

180.633

£2,113

24

T H E CONTEMPORARY ART SOCIETY

STATEMENT OF SOURCE AND

APPLICATION OF FUNDS

for the year ended 3 1 DECEMBER 1 9 9 1

Source of Funds (Deficit)/Surplus for the year Adjustment for item not involving the movement of funds: Loss on disposal of fixed asset investment

Funds generated from operations

Funds from other sources: Proceeds on disposal of fixed asset investments

Application of Funds Purchase of fixed asset investment

Movements in Working Capital (Decrease)/lncrease in debtors (lncrease)/Decrease in creditors

Movement in net liquid funds lncrease/(Decrease) in bank and cash balances

1991

£

(6,626)

(63)

(6,563)

9.592 3,029

(14.998) £(11,969)

4,315 7.695

12,010

(23.979) £(11,969)

1990

£

2,113

(282)

1,831

17.358 19,189

(19.946) £ ( 757)

(8,268) (49.744) (58,012)

57.255 £(757)

25

T H E CONTEMPORARY A R T SOCIETY 1 Accounting Policies

NOTES TO THE FINANCIAL STATEMENTS

for the year ended T n e f ' n a n c i a l statements have been prepared in accordance with applicable 3 1 DECEMBER 1 9 9 1 accounting standards.

a) Accounting convention The financial statements are prepared under the historical cost convention.

b) Subscriptions Credit is taken in full in the year to which the subscriptions relate

c) Grants All grants are taken to credit in the year in which they are received with the exception of those for specific purposes which are taken to credit in the year in which the money is expended.

d) Equipment Office furniture, fittings and equipment are written off in the Income and Expenditure Account when acquired.

e) Purchases of Pictures and Sculptures No value is included in the Balance Sheet for pictures, sculptures and crafts purchased by or presented to the Society and temporarily retained pending presentation to art galleries etc. or in exceptional cases, for sale. Such purchases are written off in the year of acquisition.

f) Fixed Assets - Investments Investments shown as fixed assets are stated at the lower of cost and net market value

2 Investments 1991 1990 Cost Market Cost Market

Value Value

Listed investments £34,946 £36,403 £44,601 £44,462

3 Debtors Due within one year Subscriptions Taxation recoverable Other debtors Pre-payments and accrued income Amount due from group undertakings

£ £ £ £

3,290 15,581 44,859 32,132 40,626 9,735

339 3,237 z 24.114

£89,114 £84,799

4 Creditors falling due within one year Deferred income 2,210 9,000 Creditors 51,029 53,428 Social Security and other taxes 3,606 915 Amount due to group undertakings . 5,982 Grants received allocated to purchases made in 1992 17.080 24,259

£79,907 £87,602

Subscriptions and donations from members Individuals 21,177 18,265 Public Art Galleries 17,475 23,327 Corporate Bodies 1,750 14,625 Dealers, etc. 2.205 5.770

£42,607 £61,987

26

T H E CONTEMPORARY A R T SOCIETY

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 3 1 DECEMBER 1 9 9 1

(CONTINUED)

1991 £ £

Grants Henry Moore Foundation 40,000 Crafts Council 5,000 Arts Council - Research 5,000

Harris Museum Preston purchase scheme Arts Council of Great Britain 5,000 Preston Borough Council 19.125

£74,125

Net income from events and courses for members Sale of tickets for visits and parties 7,887 Commissions on foreign travel 920

8,807 Costs and expenses relating thereto 4.832

£ 3,975

Administration expenses Salaries 51,809 Employer's National Insurance costs 5,370 Accountancy charges 1,368 Printing, stationery, postage and telephone 15,306 Cost of Annual Report 4,430 Irrecoverable VAT 2,334 Miscellaneous 7,763 Office repairs 351 Office furniture and machinery 1,832 Hire of office machinery 756 (ProfitVLoss on disposal of fixed asset investment 63

£91,382

1990 £

40,000 5,000

5,000 31.125

£81,125

10,917

10,917 8.343

£ 2,574

35,240 3,028 2,260

13,294 3,786 2,005

12,044 1,303 1,071

756

{282} £74,505

During the year the Society employed four persons on average (1990 - 3)

9 Taxation The Society is a registered Charity and therefore no corporation tax is payable.

10 Subsidiary Company The Society has a subsidiary, Contemporary Art Society Projects Limited. Contemporary Art Society Projects Limited receives fees for advice given pertaining to the purchases of works of contemporary art and commission from the organisation of the sales of works of art. As these activities are fundamentally different from those of the Society, consolidated accounts have not been prepared. The profits earned are passed to the Society by means of a deed of covenant. Five members of the committee of the Society sit on the Board of Contemporary Art Society Projects Limited but receive no remuneration for doing so.

On 20 December 1991 the subsidiary company increased its Authorized Share Capital to £15,000 and issued 14,998 Ordinary Shares of £1 each for cash at par in order to provide additional working capital. The Society took up the whole of this issue.

A summary of Contemporary Art Society Projects Limited's transactions for the period ended 31 December 1991 and the financial position at that date is set out below.

27

T H E CONTEMPORARY A R T SOCIETY T H E CONTEMPORARY A R T SOCIETY PROJECTS LTD.

NOTES TO THE FINANCIAL STATEMENTS Profit a n d Loss Account

for the year ended 3 1 DECEMBER 1 9 9 1

(CONTINUED) Turnover Fees receivable Donations received Arts Council Grant

Administration costs Salaries

142,579 26,948 1,972

41,966 Employer's National Insurance costs 4,188 Audit and accountancy charges 1,825 Printing, stationery, postage and telephone 2,985 Advertising 2,256 Exhibition expenses 29,876 Packing, transport and travel 1,467 Miscellaneous 6,540 Depreciation - fixtures and fittings 1,133

Interest receivable

1 9 9 1

£

171,499

115,234 22,500

30,162 2,891 3,000

3,360 819

34,612 855

3,016 749

1 9 9 0

£

137,734

(92,236) 3.625

(79,464) 7.078

Profit before deed of covenant

Deed of Covenant

Profit for the year

Deficit brought forward

Accumulated deficit

82,888

(82.727)

161

(1.007)

£ (846)

65,348

(65.101)

247

(1,254)

£ (1,007)

Balance Sheet

Fixed assets - Tangible assets Current assets

Stocks 4,349 Debtors 36,888 Taxation recoverable 2,170 Prepayments 150 Amount due from group undertakings 5,982 Cash at bank and in hand 10,785

4,166 3,345

Creditors - amounts due within one year Bank overdraft Trade creditors Amount owed to group undertakings A.CT. payable Other taxes and social security Accrued expenses

(11,371)

(20,682) (13,983) (4.300)

Represented by: Called up share capital 15,000 Profit and loss account - deficit (846)

60,324

(50.336) £14,154

£ 14,154

5,591 26,617 6,225 1,511

33.996

(32,418) (3,657)

(24,114)

(10,354) ( 7.747)

2 (1.007)

73,940

(78.290) £( 1,005)

£(1,005)

28

T h e C o n t e m p o r a r y A r t Society encou rages t h e co l l ec t i ng o f

c o n t e m p o r a r y a r t by a r t museums , c o m p a n i e s a n d i nd i v idua l s .

T h e Society spreads t h e e n j o y m e n t o f c o n t e m p o r a r y a r t a n d

i n t r o d u c e s i t t o a w i d e r pub l i c .

I t fos te rs t h e e n j o y m e n t a n d u n d e r s t a n d i n g o f c o n t e m p o r a r y

a r t a n d i n t r o d u c e s i t t o a w i d e r pub l i c .

The Society purchases w o r k s o f a r t f o r g i f t t o some 50 museums

t h r o u g h o u t t h e c o u n t r y , a n d also he lps museums t o b u i l d

co l lec t ions . T h e w o r k s o f a r t a re by l i v i ng ar t is ts . Se lec t ion is

e n t r u s t e d t o i nd i v i dua l s n o t t o a c o m m i t t e e .

The Society, w h i c h has ex tens ive con tac ts a n d l inks w i t h ar t is ts

a n d c o m m e r c i a l ga l le r ies t h r o u g h o u t B r i t a i n , uses its exper t i se

t o adv ise a n d assist c o m p a n i e s o n t h e acqu i s i t i on o f p a i n t i n g s

a n d scu lp tu re . It is c o m p l e t e l y i n d e p e n d e n t h a v i n g no

c o n t r a c t e d ar t is ts o r s tock.

T h e Society encou rages i nd i v i dua l s t o co l lec t f o r themse lves

a n d en joy a r t by l i v ing ar t is ts . T h e a n n u a l A r t M a r k e t p rov ides

t h e o p p o r t u n i t y t o see a n d b u y reasonab ly p r i ced a r t f o r t h e

h o m e . In a d d i t i o n , an ex tens ive r a n g e o f courses o n c o l l e c t i n g ,

a r e g u l a r n e w s l e t t e r , events , s t u d i o visits, lec tures a n d d e b a t e s

p r o v i d e a ' l o o k b e h i n d t h e scenes'. These ac t iv i t ies are

e d u c a t i o n a l a n d f u n .

The Society also serves as a c h a n n e l f o r g i f t s a n d bequests o f

2 0 t h Cen tu r y a r t .

As an i n d e p e n d e n t vo ice t h e Society b r i n g c o n t e m p o r a r y a r t

issues t o t h e no t i ce o f o p i n i o n f o r m e r s .

A reg i s te red cha r i t y s u p p o r t e d by its m e m b e r s , i t receives

g ran t s f r o m t h e A r t s Counc i l , t h e Craf ts Counc i l a n d t h e Hen ry

M o o r e F o u n d a t i o n . T h e resources g e n e r a t e d f r o m adv is ing

c o m p a n i e s , f r o m t h e A r t M a r k e t , a n d f r o m o t h e r ac t iv i t ies g o

d i rec t l y t o pu r chas ing w o r k s o f a r t f o r a r t museums . The Society

is t h e r e f o r e a m a j o r s u p p o r t t o l i v i ng ar t is ts .

THE R O L E OF THE C O N T E M P O R A R Y ART S O C I E T Y

29

T H E CONTEMPORARY A R T SOCIETY

ANNUAL REPORT AND

STATEMENT OF ACCOUNTS

1 9 9 1

20 John Islip Street

London SW1P4LL

071-821 5323

Fax 071-834 0228