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Art and Culture Outreach Limited

We are Art and Culture Outreach and we call ourselves ACO in brief (actually the two Chinese characters mean the ‘birds of art’). We have started to contribute our efforts to the development of art and culture since 2003 when we started to help the Dawei Charitable Foundation turn some (14 then and 20 now) residential units of Foo Tak Building (FTB) into art/cultural spaces (A/C spaces) letting artist/cultural entities in need have space to work at a lease that is very affordable for them.

2005 - 2010, ACO turned a unit on 14/F FTB into “Artist-in-Residency”. It allowed overseas art and cultural practitioners accommodated in the unit at the lowest possible daily or monthly rent, in a hope that more of their time and budget could be reserved for interacting with the local art and culture circle. We received 30 applications on average per year.

Subsequently, ACO officially came into picture in 2008 with an independent bookstore ACO_Books instituted on the 1/F of FTB. Other than selling serious English publications on art and contemporary culture, ACO has started to take up part of the building management work for the A/C spaces and to let the bookstore be used for other cultural activities by all kinds of art and cultural entities within and without FTB other than its being a bookstore.

Official Government Information

Chinese Name
藝鵠有限公司
Effective date
October 30, 2010
Org. Structure
Company limited by guarantee under the Companies Ordinance

Contact Information

Email
Phone
Address
14/F, Foo Tak Building, 365-367 Hennessy Road, Wanchai, Hong Kong (Exit B of Causeway Bay MTR station, opposite to Tin Lok Lane)

Additional Information

Target Beneficiaries
Youth (age between 15-24)
Sustainable Development Goals
SDG3: Good Health and Well-being;SDG4: Quality Education

Financial & Legal Information

Working Capital Ratio
1.12
Donation Received
$131,116
Subvention Funding from SWD
$0
Total Income
$2,537,718
Total Expenditure
$2,054,399
Surplus/Deficit
$483,319
Latest Audit: Financial Year End Date
March 21, 2020
Balance Carried Forward to Next Year
$3,610,730
Total Assets
$4,690,390
Total Liabilities
$1,079,660
Director Remuneration
$0
Liabilities to Assets Ratio
23.02%

Transparency

Audit on website?
No
Annual report on website?
No
Directors disclosed on website?
Yes

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Last Updated By

Jon Pedersen

Member since 3 years ago
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