Interwoven Arts CIC sets out its approach to director remuneration openly. As a community interest company its assets are locked to its community purpose (see constitution & asset lock); director remuneration is permitted, but it is controlled, reasonable, and disclosed.
The rules that govern it
- Article 24 permits the company to pay directors for services to the company.
- A director may not decide their own remuneration — that is a conflict, so the affected director declares it and withdraws from the decision (Article 19.3). Their pay is decided by the other directors.
- Remuneration must be reasonable and consistent with the not-for-profit basis (Article 4) and the asset lock. It is payment for work done, not a route to distribute surplus.
- All director remuneration is disclosed each year to the Office of the Regulator of Community Interest Companies in the CIC34 report, which is on the public record.
How it is set
Each director’s remuneration is decided by the other directors with the affected director recused (Article 19.3), recorded by minuted resolution stating the amount and the basis — the role and the work it pays for. The decision is entered in the decision log and the resolution filed.
Current position
Director remuneration begins with Dan Gauden’s move to full-time work for Interwoven Arts (target July 2026). His remuneration will be set before the first paid period by a decision of Kubi May and James Silvanus-Davis, with Dan recused (Article 19.3), and recorded by minuted resolution. Any remuneration for other directors would be set the same way. The director remuneration paid in any year is disclosed in that year’s CIC34, on the public record.
How much detail is published
The company publishes its approach to remuneration here, and discloses the figures through the annual CIC34, which is public. It does not publish individual live salary figures on its website: a director may choose to share their own, but one director’s pay is not published without their consent. This follows the company’s tiered approach to transparency (see reporting & transparency).