Finance Score: -5
Governance Score: 0
Support Score: 0
  • Volatile income & significant deficit in latest year: -5
  • No PartB
    • No supporters identified
    Overall GiG Score: -5 ?

    THE BROMSGROVE MUSICIANS COMPETITION FOUNDATION 

    Charitable Trust to support the Bromsgrove Festival Young Musicians' Platform or equivalent
    Analysis by Giving is Great

    Positives:

    • Spending has increased over the last 3 years relative to the previous period
    • There have been no material income shortfalls in recent years

    Financial issues to consider:

    • A PartB annual return has not been required and so detailed financial information is not available from the online data
    • Income has been volatile recently and was significantly lower than spending in the latest year

    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£10£-6n/an/an/an/an/a0
    31/12/21£2£0£2n/an/an/an/an/a0
    31/12/20£5£0£5n/an/an/an/an/a0
    31/12/19£5£5£0n/an/an/an/an/a0
    31/12/18£4£4£0£0£0£0n/a00
    31/12/17£4£4£1£0£0£0n/a00
    31/12/16£4£4£0£0£0£0n/a00
    31/12/15*£4£0£4£0£0£0n/a00
    31/12/14£10£7£3£0£0£0n/a00
    31/12/13£48£12£36£0£0£0n/a00
    31/12/12£7£6£1£0£0£0n/a00
    31/12/11£1£4£-3£0£0£0n/a00
    31/12/10£12£0£12£0£0£0NAN00
    31/12/09£1£0£1£0£0£0NAN00
    31/12/08£2£6£-4£0£0£0n/a00
    31/12/07£2£4£-2£0£0£0n/a00
    31/12/06£3£6£-3£0£0£0n/a00
    31/12/05£2£0£2£0£0£0NAN00
    31/12/04£7£5£2£0£0£0n/a00

    Highest pay bracket: less than £60,000
    Established: 25 years

    bneedham@bromsgrove-school.co.uk

    01527 579679

    Charity Commission for England and Wales
    UN SDGs
    ?
    Listed activities
    • Arts/Culture/Heritage/Science
    GiG Classification
    • Grant-making foundations
    How it operates
    • Makes Grants to Organisations
    Where it operates
    • Worcestershire,
    Who it helps
    • Children/Young People

    Who's supporting them? ?

    We have no records of donations from grant makers.

    How is it governed?

    Trustees (4)
    Current Trustees appointed

    Legal constitution
    • Charity registered in England & Wales on 18/05/1999, number: 1075565
    Gift Aid
    • NOT registered with HMRC for Gift Aid
    Policies in force
    • Conflicting interests
    • Investment
    Filing Record
    19 returns made; AR15: 47 days late,
    Main office

    Bromsgrove School
    Worcester Road
    BROMSGROVE
    Worcestershire
    B61 7DU

    Objectives

    FIRSTLY AND PRIMARILY TO ASSIST FINANCIALLY THE PROMOTION CONTINUITY AND SUCCESS OF THE INTERNATIONAL YOUNG MUSICIANS' PLATFORM THE COMPETITION THAT IS HELD ANNUALLY AND FORMS PART OF THE BROMSGROVE FESTIVAL FOR MUSICIANS AGED 17-25 YEARS OF AGE PLAYING ANY INSTRUMENT BEING A VOCALIST HAVING OBTAINED A STANDARD THAT IS AT LEAST EQUIVALENT TO GRAND VIII DISTINCTION OF THE RECOGNISED EXAMINING BOARDS. SUCH FINANCIAL ASSISTANCE SHOULD BE PROVIDED OUT OF THE ENDOWMENT TOWARDS PRIZE MONEY TO THE WINNERS OF THE COMPETITION TO INCLUDE GENERAL ADMINISTRATIVE FEES INCLUDING (BUT NOT LIMITED TO) THE PAYMENT OF ADJUDICATORS' FEES, HIRE OF THE HALL, LEAFLET PRINTING ETC.SECONDLY, AND IN THE EVENT OF THE PRIMARY OBJECT FAILING FOR ANY REASON, THEN TO ASSIST AND ENCOURAGE YOUNG MUSICIANS GENERALLY IN THE ADVANCEMENT OF THEIR STUDIES IN INTENDED MUSICAL CAREERS BY PROVIDING FINANCIAL ASSISTANCE BY WAY OF GRANTS AND SCHOLARSHIPS TO ASSIST OTHER CHARITIES WITH SIMILAR OBJECTS FOR THE ASSISTANCE AND ENCOURAGEMENT OF YOUNG MUSICIANS EVERYWHERE IN THE AREA OF THE UNITED KINGDOM.

    Defined Area of Benefit:

    UNITED KINGDOM

    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

    Tips for Selecting Charities

    Which areas of philanthropy are most effective?
    The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
    Our Top Tips for Philanthropy
    Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
    How to become a Philanthropist
    In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

    Giving is Great