folly no longer ACE NPO from 2012

Following today's public announcement by Arts Council England  http://www.artscouncil.org.uk/ re: future funding for the arts, folly Board of Trustees and Chief Executive, Taylor Nuttall are disappointed to announce that folly will no longer be an Arts Council England funded National Portfolio Organisation from April 2012.
 
We wish to express our commisserations to our fellow arts sector colleagues who were unsuccessful and also our conratulations to those that were in this process.  The coming year will be one of readjustment and strategic development in the sector.  folly has always been an organisation that embraces change seeing this as a key part of its own innovative approach and looking forwards to the future.  In this folly has always followed the lead of artists and will continue to do so.
 
During the last few months folly has undertaken a full review of its long term artistic programme objectives and its role as an organisation leading digital culture.  Shortly following this announcement by Arts Council England folly will start to reveal its own planning for the future.
 
folly is committed to continuing its innovative leadership and support for the Arts Council England and for the stakeholders and communities that folly serves.