Finances
Glyndebourne is constituted as a registered charity called Glyndebourne Productions Limited, which is a company limited by guarantee. It has a wholly owned subsidiary, Glyndebourne Enterprises Limited, which carries out merchandising, production hire and media development activities, and donates its profits to the charity. A related charity called the Glyndebourne Arts Trust carries out fund-raising activities. Glyndebourne Association America allows residents of the United States to make tax efficient donations to Glyndebourne.
Glyndebourne has an annual budget of a little over £20 million, as of 2010. The Festival is the only major opera season in the United Kingdom which is not state subsidised. Glyndebourne On Tour receives an annual subsidy of around £1.5 million from Arts Council England, but is budgeted to make an annual loss even after this has been credited. The shortfall is covered by an internal cross subsidy.
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