Finance Score: 1

Governance Score: 8

Support Score: 3

Poor Liquidity: -1
Strong growth: +2

12+ Trustees: -1
Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Gov Income
Grant maker support: +3

Overall GiG Score: 12

HAY FESTIVAL FOUNDATION LTD

To further the education and learning of both the Great Britain and Northern Ireland and the other countries around the world in the art or science of literature and poetry, in particular by promoting public festivals. shows, readings and fairs in both the United Kingdom of Great Britain and Northern Ireland and such other countries as the Board of Trustees may decide from time to time

Analysis by Giving is Great

Positives:

The charity has received Government grants
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

There are 13 trustees whereas the Charities Commission recommends a maximum of 12
Over half the Board have joined recently

Financial issues to consider:

Liquidity appears to have been slender at the latest year end

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
31/12/22		£4,688	£4,631	£57	£0	£475	£475	1.2	21	231
31/12/21		£167	£46	£121	n/a	n/a	n/a	n/a	n/a	0
31/12/20		£427	£185	£242	n/a	n/a	n/a	n/a	n/a	0
31/12/19		£274	£234	£40	n/a	n/a	n/a	n/a	n/a	0
31/12/18		£281	£266	£14	£0	£0	£0	n/a	0	0
31/12/17		£233	£248	£-15	£0	£0	£0	n/a	0	0
31/12/16		£156	£223	£-68	£0	£0	£0	n/a	0	0
31/12/15		£191	£130	£61	£0	£0	£0	n/a	0	0
31/12/14	*	£127	£139	£-11	£0	£0	£0	n/a	0	0
31/12/13	*	£144	£116	£27	£0	£0	£0	n/a	0	0
31/12/12		£298	£296	£2	£0	£0	£0	n/a	0	0
31/12/11		£146	£161	£-15	£0	£0	£0	n/a	0	0
31/12/10?		£149	£169	£-21	£0	£0	£0	n/a	0	0
30/09/09		£152	£118	£34	£0	£0	£0	n/a	0	0
30/09/08		£98	£106	£-8	£0	£0	£0	n/a	0	0
30/09/07	*	£106	£92	£14	£0	£0	£0	n/a	0	0
30/09/06		£121	£122	£-1	£0	£0	£0	n/a	0	0
30/09/05		£74	£82	£-7	£0	£0	£0	n/a	0	0
30/09/04		£56	£47	£9	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 48%
Liabilities/Income: 10%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 1.2 months
Net Current Assets/Spending: 1 months
Quick Ratio: 1.8

Asset Split ?

Established: 26 years

www.hayfestival.com

amanda@hayfestival.org

01497822620

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training

GiG Classification

Technical, vocational and continuing education

How it operates

Makes Grants to Organisations
Other charitable activities

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies
Other Defined Groups
People With Disabilities
The General Public/Mankind

Who works here?

21 employees
231 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Nesta - ACE0352
£5,000	23/02/2016 2	Digital Innovation Fund for the Arts in Wales programme grant to Hay Festival Grant Ref ACE0352

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)

Current Trustees appointed

Gender Split

Based on 11/13 persons

Age Range of Trustees: 36-72

SUHAIR FARIHA KHAN Appointed: 2024, Occupation: Technology Founder

CATHERINE MAIR GWYNANT Appointed: 2022, Occupation: Chartered Accountant

CORISANDE ALBERT Appointed: 2024, Occupation: Company Director, Other trusteeship: THE TOM GRAHAME TRUST,

EDWARD SHEDD Appointed: 2024, Occupation: Management Consultant

SHAKIA ASHA STEWART Appointed: 2024, Occupation: Digital Content Designer

VICTORIA BEJARANO DE LA TORRE Appointed: 2023

CAROLINE JANE MICHEL Appointed: 2009, Occupation: Ceo Of Literary Agency

JOHN GERAINT DAVIES Appointed: 2022, Occupation: Chartered Accountant, Other trusteeships: ARTS ACTIVE TRUST, WELSH NATIONAL OPERA ENDOWMENT FUND,

NICHOLAS JONES BUTLER Appointed: 2024, Occupation: Economist, Other trusteeship: DARTMOUTH STREET TRUST,

PHILIPPE SANDS Appointed: 2022, Occupation: Lawyer, Other trusteeships: HOSPICE UKRAINE, UKRAINIAN HISTORY GLOBAL INITIATIVE,

ANTHONY PAUL FOLLOWELL Appointed: 2024, Occupation: Broadcast Executive, Other trusteeship: MUSIC FOR ALL,

DAVID ADETAYO OLUSOGA Appointed: 2024, Occupation: Historian, Tv Creative Director, Other trusteeship: MIGRATION MUSEUM PROJECT,

ROSEL MARIE BOYCOTT Appointed: 2001, Occupation: Journalist And Broadcaster, Other trusteeship: FOOD FOUNDATION,

Legal constitution

Charitable company registered in England & Wales on 16/06/1998, number: 1070073
Registered at Companies House on 09/01/1998, number: 03490480

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

19 returns made; AR14: 26 days late, AR13: 13 days late, AR07: 51 days late,

Main office

Hay Festival
The Drill Hall
25 Lion Street
Hay-on-Wye
HEREFORD
HR3 5AD

Objectives

THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE:-(A) TO FURTHER THE EDUCATION AND LEARNING OF THE PEOPLE OF BOTH THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND OTHER COUNTRIES AROUND THE WORLD IN THE ART AND SCIENCE OF LITERATURE, POETRY AND ALL OTHER FORMS OF ARTISTIC EXPRESSION, IN PARTICULAR BY PROMOTING PUBLIC FESTIVALS, SHOWS, READINGS AND FAIRS;(B) TO PROMOTE STUDY AND RESEARCH IN LITERATURE AND POETRY AND ALL OTHER FORMS OF ARTISTIC EXPRESSION THROUGHOUT THE WORLD PROVIDED THE RESULTS OF SUCH RESEARCH SHALL BE PUBLISHED;(C) TO PROMOTE EXCELLENCE IN LITERATURE AND POETRY AND ALL OTHER FORMS OF ARTISTIC EXPRESSION THROUGHOUT THE WORLD AND IN PARTICULAR (BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE ABOVE) TO AWARD MEDALS AND/OR PRIZES IN FURTHERANCE OF THIS OBJECT;(D) TO PROMOTE OR DEVELOP FOR THE BENEFIT OF THE PEOPLE OF BOTH THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND OTHER COUNTRIES AROUND THE WORLD THE ART OR SCIENCE OF LITERATURE, POETRY AND ALL OTHER FORMS OF ARTISTIC EXPRESSION IN ALL ITS BRANCHES AND LIKEWISE TO PROMOTE AND DEVELOP THE IMPROVEMENT OF LITERATURE, POETRY AND ALL OTHER FORMS OF ARTISTIC EXPRESSION IN THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND OTHER COUNTRIES AROUND THE WORLD.

Defined Area of Benefit:

GREAT BRITAIN

Data Sources