Museums and Galleries: Assets

(asked on 19th June 2015) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Culture, Media and Sport, what the value is of arts assets in the vaults of the museums and galleries which receive grant-in-aid.


Answered by
Lord Vaizey of Didcot Portrait
Lord Vaizey of Didcot
This question was answered on 30th June 2015

DCMS directly provides grant-in-aid funding to 15 museums and galleries and the British Library. These Museums hold their collections in trust for the nation. Museum collections are inalienable in their nature and no overall assessment of their value is made. The historical value of objects acquired since 2002 is disclosed in individual museum reports and accounts. This is not split between items on display and items in storage.

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