Art isn't just about aesthetics; it's a significant asset for councils. From sculptures gracing public squares to paintings adorning council buildings, these pieces enrich our spaces, reflect the community's character, and offer a window into our history, diversity, and local identity.
Many councils are fortunate to hold collections encompassing colonial pieces, contemporary creations, Indigenous works, photographs and other objects – a treasure trove entrusted to their care.
Often, these collections find a home in council-run art galleries, expertly managed by curators who stage captivating exhibitions. But amidst day-to-day operations, a crucial aspect can sometimes be overlooked: the proper management and custody of the art itself.
An internal audit of your council's art collection is an invaluable tool for ensuring Council’s art collections are adequately protected and well-maintained.
The benefits of an internal audit extend beyond compliance and risk management. An art collection internal audit focuses on the transparency and accountability of public assets; recordkeeping; provenance and safeguarding the integrity of the collection; security; and the overall preservation of the works, whether on or off display.
An art collection internal audit goes beyond just protecting assets. It demonstrates transparency and accountability to the community you serve. It showcases your council's commitment to responsible stewardship of valuable cultural heritage.
Centium's recent internal audit of a large council art gallery's collection serves as a real-world example. The audit included an assessment of:
While generally a good news story for Council and its community, we made recommendations to strengthen controls to ensure that the collection is preserved for future generations. The audit was met with great appreciation from both council management and the Audit, Risk & Improvement Committee.
Our client found immense value in the assurance and helpful recommendations for improvement that the audit provided regarding the safeguarding of their unique collection.
If your council possesses a valuable art collection, consider partnering with a reputable auditing firm experienced in art collection management.
Centium possesses the expertise and experience to conduct comprehensive art collection audits. Our team understands the unique challenges associated with managing valuable artworks and can tailor an audit to meet your council's specific needs.
Contact us today to discuss how we can help you protect your artistic legacy.
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