An award-winning arts centre has received sufficient funding to secure its future in the borough for the next three years.
Artsdepot in Nether Street, North Finchley, is set to receive just over £900,000 from the Arts Council, allowing it to remain a not-for-profit organisation.
As well as hosting theatre performances and comedy acts, artsdepot also runs projects for hundreds of children with learning disabilities and works in partnership with Noah’s Ark Children’s Hospice supporting children with life-threatening illnesses.
Tim Burley, development director at artsdepot, said: “It’s great news for us - we couldn’t have survived without this funding.
“We have been on a journey which has not been without its challenges – we lost our funding from the local authority, and Barnet College moved out. But things are really great now.”
Artsdepot faced an uncertain future in 2011 when Barnet Borough Council made a raft of funding cuts to artsdepot as well as Church Farmhouse Museum in Hendon and Barnet Museum in High Barnet.
Despite losing its £194,000 annual funding, the artsdepot managed to stay open and since then has welcomed dance group London Studios Centre to their North Finchley hub.
Mr Burley said: “This new funding shows that the Arts Council obviously really believed in our business plan, which is also about investing in our future.”
A total of 110,000 people visited the artsdepot last year, and more than 50,000 tickets were sold for its events.
Mr Burley said he and his team are looking forward to another three successful years, and have already started planning a number of fun events including their 10th birthday celebrations in October.