Private music patrons aim to raise £2 million to fund 400 scholarships for London children with a talent for music. The aim is to give steady four-year support for disadvantaged children to have Saturday lessons, individual coaching and group tuition to learn a musical instrument. Alongside the scholarships, there is to be a "partnership" scheme whereby professional musicians go into schools to work on music with up to 10,000 schoolchildren.

For last year's Europe Day concert, presidency-holder Spain fielded a Paco Peña showstopper in what's for the past three years been the venue of choice, St John's, Smith Square. This 9 May, the Hungarians' six-month stint yielded not a wow-factor spectacular - for me, that would have been a knees-up with violinist Gaby Lakatos - but instead a worthy and far from dull celebration of the Liszt bicentenary with 13-year-old Ferenc/Franz's one-act opera, Don Sanche.

In the ravages of the recent arts cuts, and debates over the winners and losers, one estimable organisation tended to be overlooked in the coverage – the Asian Music Circuit, who have done more for Asian arts in the UK than probably any other entity. They have had their entire grant cut. The director of AMC, Viram Jasani, told me he was stunned by this unexpected savagery and took a week or two to gather his thoughts and mount a campaign. Sections of the media have started to swing behind it – in the last week an editorial in The Guardian simply said: “This is madness.”

That’s the question New York theatre folk are asking this morning, following the announcement of the 2011 Tony nominations, honouring the best of the Broadway theatre season just gone. Radcliffe was thought to be a dead cert for a nomination for his performance as the careerist window washer in the smash-hit revival of Frank Loesser’s How To Succeed in Business Without Really Trying, at the Al Hirschfeld Theatre. And there were many who thought Radcliffe would go on to win the trophy on 12  June, just as another visiting British film star, Catherine Zeta-Jones, did for her Broadway musical theatre debut in A Little Night Music last year.

Mostly the Venice Biennale passes me by entirely: ho-hum, another tired bit of Brit Art, I think, and turn the page. But Mike Nelson, twice nominated for the Turner Prize, is a terrific artist, too little seen, too odd, too unsettling to have been shown much in the mainstream. His selection is a boost – for him, I very much hope, but even more for the profile of British art. No more cringing when old-hat, old-school Emin or Hirst get wheeled out again, same old, same old.

Viscera, the new album by Norway’s Jenny Hval, is a striking, often disturbing, surreal examination of how the body can take control, winning out over thought. Hval enfolds her explicit, literature-inspired lyrics in music that suddenly shifts from the impressionistic to the surging. Her voice can be disquietingly detached, narrating, as she puts it, “a partly uncomfortable listen”.

Sad news for arts lovers with an eye on the horses - Sadler’s Wells, dubbed the greatest-ever sire of racehorses, died this week aged 30. His parents were the champion sire Northern Dancer and Fairy Bridge, and the arts supplied the names for racing's most legendary dynasty that would dance to victory again and again. Half-brother to Nijinsky and Nureyev, sire of Old Vic, Sadler's Wells brought the dancing line in horseracing to a superb peak.

Sometimes it seems as though every bit of music from the past has been disinterred, no matter how obscure or outré it is. But, of course, surprises keep on coming and the Psychedelic Pernambuco compilation is a reminder that great stuff still lurks out there. Collecting material recorded for the Brazilian independent Rozeblit label, Psychedelic Pernambuco roams through weird folk, post-Tropicália strangeness, fractured instrumentals and more.

It's just been crowned the BBC Music Magazine Awards' CD of the Year. But is Valery Gergiev's second complete recording of the 20th century's greatest ballet score, captured live at the Barbican for the LSO's own label, right at the top? In my Building a Library survey for BBC Radio 3, condensed in print for the BBCMM, I suggested it might be the best in state-of-the-art sound - but not the finest overall version of Prokofiev's Romeo and Juliet. That palm went to Rozhdestvensky's much more impeccably paced old Melodiya version, in mono and dating from 1959.