York Minster faces deficit of £2.3m after Covid closures in 2020
by Robyn Vinter, Guardian:
York Minster is facing up to the catastrophic impact of the pandemic on its finances after recording a £2.3m deficit last year.
Income at the cathedral plummeted from a surplus of £332,000 in 2019 due to low visitor numbers caused by the pandemic, according to the minster’s recently published accounts for the year to 31 December 2020.
The number of visitors fell last year to just one-fifth of previous levels – from 706,500 in 2019 to below 147,500 in 2020 – as lockdown measures meant the cathedral was closed for four and a half months, and open with limited capacity for another six months.
While income from visitors and worshippers was down 74% to £1.3m last year, government and church grants meant overall income fell by 40% to £6.5m.
York Minster was financially supported by the government’s furlough scheme and a small grant from the Heritage Lottery Fund Emergency Fund, plus significant additional emergency grant support from the York Minster Fund and central Church of England funds.
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