Dunning & Partners: new intermediary between sponsors and museums
Joe Dunning, former Sotheby's executive, has launched Dunning & Partners, a company that matches corporate sponsors with cultural institutions. The firm aims to create authentic partnerships that benefit businesses, art organizations, and audiences. Dunning argues that companies should view art sponsorship as a growth strategy rather than a charitable gesture, noting that younger, diverse audiences increasingly spend on brands that reflect their values. The initiative responds to controversies like BP's sponsorship of Tate and the British Museum, which drew criticism from activists. Dunning & Partners emphasizes that the arts attract a demographic whose relative spending power will rise over the next decade, and who prioritize racial justice, sustainability, diversity, and equal opportunity.
Key facts
- Dunning & Partners was founded by Joe Dunning, a former Sotheby's executive.
- The company acts as an intermediary between corporate sponsors and cultural institutions.
- Dunning argues companies should see art sponsorship as part of their growth strategy.
- The firm cites BP's sponsorship of Tate and the British Museum as an example of misalignment.
- Dunning & Partners states that arts attract a young, diverse audience with growing spending power.
- The company claims that consumers spend more on brands that support racial justice, sustainability, diversity, and equal opportunity.
- The initiative aims to create mutually beneficial partnerships between businesses and art organizations.
- Dunning & Partners is based in the UK.
Entities
Institutions
- Sotheby's
- Tate
- British Museum
- Dunning & Partners
- Artribune
Locations
- United Kingdom