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home >> charity search >> royal academy trust
Finance Score: -3
Governance Score: 5
Support Score: 0
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Spending declining: -1
  • 12+ Trustees: -1
  • Dynamic board: +3
  • Gender balanced board: +3
  • No supporters identified
Overall GiG Score: 2 ?

ROYAL ACADEMY TRUST 

The object of the Trust is the maintenance, development, advancement and preservation of the Royal Academy of Arts.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • There are 23 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £18,319,712 available, equivalent to 183 months of spending and so may not be able to utilise additional funding
  • Spending is declining


miles
Established: 26 years

www.royalacademy.org.uk

press.office@royalacademy.org.uk

02073008017

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
?

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k		 Spending
£k		 Surplus/
Deficit		 Fundraising
Cost £k		 Total
Funds £k		 Unrestricted
Funds £k		 Mths
Rsrvs		 Staff Volun-
teers
31/08/22£2,070£1,203£868£88£53,118£18,320182.810
31/08/21£951£3,259£-2,308£85£52,317£17,94566.110
31/08/20£1,262£2,593£-1,331£136£46,666£16,57776.710
31/08/19*£2,984£2,196£788£72£46,554£15,99887.400
31/08/18£8,188£5,087£3,101£81£43,361£14,4163410
31/08/17£880£1,109£-229£148£30,315£17,483189.200
31/08/16£681£14,005£-13,325£62£28,288£17,00214.610
31/08/15£2,092£904£1,188£235£36,329£16,330216.700
31/08/14£3,092£1,529£1,564£17£32,947£15,249119.700
31/08/13£3,232£1,652£1,580£16£29,721£14,401104.600
31/08/12£2,576£1,906£670£101£26,337£13,29483.700
31/08/11£1,841£1,205£636£122£24,594£12,35612300
31/08/10£2,613£1,118£1,495£112£22,508£11,994128.800
31/08/09£4,078£4,243£-165£91£20,763£12,93036.600
31/08/08£2,001£1,798£203£649£23,078£17,447116.500
31/08/07£1,627£1,778£-151£283£24,960£18,973128.100
31/08/06£2,191£2,253£-62£0£0£0n/a00
31/08/05*£2,103£2,272£-169£0£0£0n/a00
31/08/04£2,220£3,833£-1,613£0£0£0n/a00
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 18.4%
Fundraising Costs/Total Spending: 12.2%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 34%
Reserves/Spending: 182.8 months
Net Current Assets/Spending: 2 months
Quick Ratio: 4.2
Asset Split ?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
How it operates
  • Makes Grants to Organisations
Where it operates
  • Throughout England And Wales,
Who it helps
  • The General Public/Mankind
Who works here?
  • 1 employee

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (23)
Current Trustees appointed
Gender Split
Based on 20/23 persons

Age Range of Trustees:
Legal constitution
  • Charity registered in England & Wales on 08/01/1998, number: 1067270
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Risk management
  • Safeguarding vulnerable beneficiaries
Filing Record
19 returns made; AR19: 8 days late, AR05: 4 days late,
Main office

ROYAL ACADEMY OF ARTS
BURLINGTON HOUSE
PICCADILLY
LONDON
W1J 0BD

Objectives

THE MAINTENANCE AND PRESERVATION OF THE ROYAL ACADEMY OF ARTS IN LONDON THROUGH WHICH IN THE WORDS OF ITS INSTRUMENT OF FOUNDATION AND IN ACCORDANCE WITH ITS LAWS AS APPROVED BY THE SOVEREIGN THE ARTS OF DESIGN MAY BE PROMOTED INCLUDING:- (1) THE MAINTENANCE PRESERVATION AND CARE OF ANY BUILDINGS AND POSSESSIONS AT ANY TIME OR FROM TIME TO TIME OCCUPIED OR OWNED BY THE ROYAL ACADEMY OF ARTS AND HELD ON CHARITABLE TRUSTS (2) THE PRESENTATION OF THE ANNUAL EXHIBITION (AS DEFINED IN SECTION VI OF THE LAWS OF THE ROYAL ACADEMY OF ARTS IN LONDON) AND LOAN EXHIBITIONS PREPARED AND MOUNTED FOR THE BENEFIT BOTH OF SCHOLAR AND LAYMAN (3) THE MAINTENANCE AND PRESERVATION OF THE ROYAL ACADEMY SCHOOLS AS A MEANS OF PROVIDING TRAINING IN THE FINE ARTS (4) THE PRESERVATION OF DIPLOMA WORKS AND OF A LIBRARY OF THE ROYAL ACADEMY OF ARTS AS A CENTRE OF REFERENCE FOR THE FINE ARTS (5) THE MAINTENANCE PRESERVATION AND ADVANCEMENT OF SUCH OTHER CHARITABLE OBJECTS AND PURPOSES AS ARE FROM TIME TO TIME SUPPORTED BY THE ROYAL ACADEMY OF ARTS

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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