Acquisition accounted for 12 per cent of all money spent on both capital and revenue initiatives, a total of more than £150m split between 449 projects.
Acquisitions enjoy the fifth largest slice of the cake after public access & exhibition (22 per cent/£274m), conservation & restoration and historic building repair (20 per cent/£242m each), and building refurbishment (14 per cent/£165m).
The trend for funding is moving further towards improving public access and the state of repair of buildings and facilities for housing and displaying collections.
Politics of funding
UK: FIGURES released by the Heritage Lottery Fund show that despite the rapid decline in new grants being allocated for acquisitions by museums and galleries, existing allocations still account for a large percentage of capital spending.
