Trust in charge of Fife libraries, museums and galleries fac

Trust in charge of Fife libraries, museums and galleries faces £776,000 deficit
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Fife Cultural Trust recorded a deficit of £776,000 before Covid-19 restrictions closed its venues.
The latest financial report for the trust, which runs libraries, theatres, museums and galleries across Fife, reveals it recorded the deficit to the end of March last year, in comparison to a deficit of £28,500 the year before.
Costs of running the charity and financial liabilities were said to have added to the trust’s financial challenges before Covid-19 saw it lose all sources of income as venues were forced to close.

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