You read this sort of thing, and you just have to wonder what on earth is going on.
THE Turner Contemporary will receive at least £1 million in public money a year once it opens.
A trust is due to take over the running of the gallery from Kent County Council (KCC) on April 1, but it will receive a grant of more than £1 million a year to help cover the gallery’s estimated £2.6 million annual running costs.
The grant is in addition to the money already paid by KCC, the Arts Council and the South East Economic Development Agency (Seeda) to build the £17.5 million gallery by Margate’s harbour arm.
This does not include the cost of the earlier aborted project to build the Turner Centre
in the sea which cost several million pounds.
Assuming the £17.5 million building cost was financed at interest of 5%, this gives a total running cost of around £3.5 million a year including interest repayments.
If admission is charged at £10, then the Turner Centre will need 350,000 visitors a year, or 1000 every single day of the year just to break even. In reality they will be lucky to have a few dozen visitors a day, if the experience of similar arts centres is anything to go by.
At the same time, we can't find the money to clear some fallen chalk from caves which have existed safely for at least 200 years.