VAI is an all Ireland body, which means that Brexit will have a clear impact on us and on all arts organisations across the island who operate either across the border or ROI collaborations with UK organisations, festivals and events. The unfortunate truth is that the fallout from the vote has already happened. The fall in Sterling has had a direct impact on organisations such as ours that receive funding from Northern Ireland. Around 19% of our funding comes from the Arts Council of Northern Ireland and through our membership in Northern Ireland. With the collapse of the Sterling against the Euro this has now been reduced to around 13%.