Tag: National Lottery Heritage Fund

More support for the ‘Grand Old Lady of Leven Street’

CAPITAL THEATRES SECURES £6.5 MILLION GRANT CONTRIBUTION FROM SCOTTISH GOVERNMENT TOWARDS THE £25 MILLION REDEVELOPMENT OF THE KING’S THEATRE

Minister for Culture and International Development, Jenny Gilruth MSP, has confirmed total grant funding of £6.5 million from the Scottish Government for the King’s Theatre Redevelopment Project.

Opened in 1906, the King’s Theatre, Edinburgh is an important venue for touring drama, musicals and children’s shows. It is home to Scotland’s biggest Panto production and each year plays a pivotal role in hosting the Edinburgh International Festival.

The King’s has a unique place in the hearts and minds of many Edinburgh residents, and is a theatre of national and historical importance.

The redevelopment will modernise the existing facilities and transform the experiences of visitors, local communities, performers and staff, whilst preserving its unique heritage.

The plans will ensure the theatre remains a vital part of Edinburgh and Scotland’s cultural provision, as well as functioning as a community hub for years to come. The redevelopment project is set to start in September 2022, with the theatre planned to reopen in mid-2024.

This grant from the Scottish Government joins £4 million already secured from the City of Edinburgh Council along with additional loan funding. The rest of the budget is made-up of generous donations from individuals, grants from trusts and foundations, support from companies and Capital Theatres’ own contribution from ticket income.

Alongside this an application to the National Lottery Heritage Fund is currently moving into its second stage. The grant from Scottish Government consolidates a robust mixed funding model and paves the way for a public campaign to fundraise for the remaining £3 million.

Fiona Gibson, CEO of Capital Theatres said: “We’re overjoyed with this show of support and confidence in the King’s Redevelopment Project from the Scottish Government.

“As COVID 19 hit in March 2020, Capital Theatres announced that the redevelopment of the King’s would be paused for a year whilst we dealt with the impact of the pandemic. Far from lose momentum on the project, 15 months of closure has made us all the more determined to ensure the King’s Theatre can honour its illustrious past with a thriving future at the heart of Edinburgh and Scotland’s cultural life. 

“Not only a wonderful venue for joy and inspiration, the King’s will also offer a thriving hub by day for the many communities situated in and around Tollcross.  Scottish Government’s grant, along with the grant and loan funding from City of Edinburgh Council, makes this project viable.

“This funding stands alongside the National Lottery Heritage Fund grant we are working so hard to secure, and the tireless efforts of our Development Team. There is, however, still a way to go to reach our financial target and we’ll be launching a public fundraising campaign later in the year.  

“This last push will build on the generous support shown during our period of closure, so the people of Edinburgh and Scotland can continue to play their part by helping us secure the future of the King’s as a historical and cultural treasure.”

Culture Minister Jenny Gilruth said: “The King’s Theatre has been a jewel in Edinburgh’s cultural crown for more than a 100 years, with generations of audiences enjoying a rich diversity of shows from its annual pantomimes to world premieres at the Edinburgh International Festival.

“The Scottish Government is pleased to support the redevelopment of the grade A-listed theatre and enable the King’s Theatre to reach out to a wider range of audience and increase its community engagement.”

City of Edinburgh Council Culture and Communities Convener, Cllr Donald Wilson said: “The King’s has been a beloved Edinburgh theatre for over a century, programming the best in touring drama, hosting some of the most talented community and non-professional groups; and certainly the best in pantomime, as well as bringing all kinds of theatre experiences to the city from all over the country, including London’s West End. 

“The ‘Grand Old Lady of Leven Street’ has always been Edinburgh’s theatre for everyone.” 

Cllr Amy McNeese-Mechan, Culture and Communities Vice Convener said: “The King’s is in need of this capital project to bring the theatre back to a standard fit for the 21st century whilst acknowledging the incredible history. 

“This capital funding contribution is great news and a fantastic achievement for the theatre and will substantially strengthen its redevelopment ambitions, ensuring that we will all be able to continue to enjoy a great night at the King’s for many more years and generations to come.”

Lottery cash to keep capital’s theatres afloat

Capital Theatres, Scotland’s largest theatre charity, has received £168,000 from The National Lottery Heritage Fund to support its three venues – Festival Theatre, King’s Theatre and The Studio, through this period of closure.

This vital funding, which will help maintain the iconic buildings in a safe condition, has been made possible thanks to National Lottery players.

This funding from the Heritage Emergency Fund will go towards covering essential costs such as electricity, gas, IT, insurance and maintenance of the theatres whilst they are closed. It will also go towards a small element of staff salaries for those who are responsible for ensuring the venues are secure and maintained whilst closed, and who will plan how we can adapt our venues to safely reopen our venues when we are allowed to do so.

At least 90% of Capital Theatres’ income is generated from ticket sales and trading income, meaning that the sudden closure meant an immediate loss of the two main sources of income.

To date Capital Theatres has refunded 52,900 tickets with a value of over £2.5m. The postponement of the panto until 2021 will result in a further £2.3m loss of income. 

It is currently campaigning to receive emergency support to the same level as other publicly supported theatres which would allow Capital Theatres to play its part in the renewal solution for Edinburgh and Scotland.

Beyond its 3 key venues the organisation provides local community health and wellbeing benefits through an extensive programme currently adapted to run virtually, delivers a key element of Edinburgh’s year-round cultural offer for local citizens and retains 230 jobs in the city’s cultural sector.

Kate Smith, Director of Development at Capital Theatres said: “Capital Theatres, Scotland’s largest theatre charity, is responsible for the Festival Theatre, King’s Theatre and the Studio. When we closed our venues in March due to Covid-19 we saw a 90% reduction in our income from loss of ticket sales. 

“This vital funding from the Heritage Emergency Fund will help maintain our buildings in a safe condition. On behalf of everyone at Capital Theatres we would like to thank National Lottery Players.”

The funding, made possible by National Lottery players, was awarded through The National Lottery Heritage Fund’s Heritage Emergency Fund. £50million was made available to provide emergency funding for those most in need across the heritage sector.

The UK-wide fund aimed to address both immediate emergency actions and help organisations to start thinking about recovery.

Ros Kerslake, Chief Executive of The National Lottery Heritage Fund, said: “Heritage has an essential role to play in making communities better places to live, supporting economic regeneration and benefiting our personal wellbeing. All of these things are going to be even more important as we emerge from this current crisis.

“Thanks to money raised by National Lottery players we are pleased to be able to lend our support to organisations such as Capital Theatres during this uncertain time.”

Like Capital Theatres, other charities and organisations across the UK that have been affected by the unprecedented impact of the coronavirus outbreak are being given access to a comprehensive package of support of up to £600 million of repurposed money from The National Lottery.

This money is supporting some of the most vulnerable people in our communities and span the arts, community, charity, heritage, education, environment and sports sectors.

Thanks to National Lottery players, £30 million is raised every week for good causes, including heritage of local and national importance. By playing The National Lottery, people up and down the country are making an amazing contribution to the nationwide-response to combatting the impact of COVID-19 on local communities across the UK.

The National Lottery Heritage Fund’s Heritage Emergency Fund is now closed for applications.

To find out more about how The National Heritage Emergency Fund is supporting the sector at this time please visit: 

https://www.heritagefund.org.uk/responding-coronavirus-covid-19

To find out more about the National Lottery Good Causes, visit: 

www.lotterygoodcauses.org.uk/coronavirus-pandemic-response