Funding
The Ulster Orchestra Society Ltd receives core funding from the Arts Council of Northern Ireland and Belfast City Council. Through an agreement with the BBC, the UOS receives significant payments for a specified number of broadcast recordings (an essential and vital part of the funding equation). The BBC maintains exclusive distribution rights over the performances which it records. These are broadcast locally on Radio Ulster, and nationally on BBC Radio 3.
Further funding comes from Lottery awards for Audience Development and New Works, from local councils for concerts and education work, from the Department of Culture, Arts and Leisure for capital works and touring, and from a number of Trusts and Foundations for specific projects for staffing.
Other key sources of income include Box Office receipts, programme sales and advertising, corporate sponsors (including additional funding from Arts and Business), Friends' subscriptions, Gift Aid and private philanthropic donations, including legacies.
The Orchestra's annual turnover in 2001/02 was in excess of £3.4 million. Byers has guided the orchestra through recent financial issues, including the increase of a grant from the Arts Council of Northern Ireland from GB £1.34 million (2002) to £1.69 million (2003) and to £2.05 million (2008).
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