Art institution with galleries in London, Liverpool and St Ives in Cornwall (4)

I believe the answer is:

tate

(Other definitions for tate that I've seen before include "Britain/Modern gallery" , "Modern and Britain galleries in London" , "Art gallery endowed by a sugar merchant" , "Sugar merchant and art gallery philanthropist, founder, d. 1899" , "Well-known London art gallery" .)

I've seen this clue in The Guardian.

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