Finance Score: -2

Governance Score: 4

Support Score: 9

Liabilities <10%: +3
Excess liquidity: -1
Reasonable growth: +1
Fundraising costs high: -5

12+ Trustees: -1
Good trustee age range: +3
Dynamic board: +3
Mainly male board: -1

Overall weighted support: +9

Overall GiG Score: 11

THE TANK MUSEUM LIMITED

To conserve, develop and interpret the national collection of Tanks and Armoured Fighting Vehicles, to enable people to better understand armoured warfare, and its impact on society-past, present and future.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
This charity has a robust balance sheet
There has been reasonable growth in spending over the last 3 years relative to the previous period
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

Why are there 14 trustees whereas the Charities Commission recommends a maximum of 12?
The Board is predominantly male

Financial issues to consider:

Liquidity appeared to be considerably in excess of CC guidelines at the latest year end especially considering the historic stability of income
Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/23	£9,518	£8,725	£793	£3,645	£28,770	£16,510	22.7	99	140
31/12/22	£8,089	£7,532	£557	£3,195	£27,619	£15,078	24	93	84
31/12/21	£7,239	£6,138	£1,101	£2,428	£27,721	£14,927	29.2	79	93
31/12/20	£5,628	£5,008	£620	£1,589	£25,967	£13,317	31.9	100	80
31/12/19	£6,104	£5,765	£339	£1,896	£25,122	£12,696	26.4	80	460
31/12/18	£7,217	£5,796	£1,421	£2,019	£23,812	£11,267	23.3	100	0
31/12/17	£5,829	£4,336	£1,493	£1,745	£22,812	£11,238	31.1	96	0
31/12/16	£4,559	£4,034	£526	£1,079	£20,941	£7,235	21.5	67	0
31/12/15	£4,519	£3,678	£841	£656	£20,014	£6,685	21.8	69	0
31/12/14	£3,565	£3,490	£75	£963	£19,060	£5,953	20.5	57	0
31/12/13	£4,504	£2,941	£1,564	£949	£18,890	£5,530	22.6	61	0
31/12/12	£3,828	£2,866	£963	£996	£17,157	£5,082	21.3	54	0
31/12/11	£3,117	£3,284	£-167	£1,229	£16,083	£4,200	15.3	55	0
31/12/10	£5,152	£3,915	£1,237	£1,808	£16,238	£4,024	12.3	54	0
31/12/09?	£5,214	£4,037	£1,177	£2,034	£14,897	£2,245	6.7	55	0
31/03/08	£8,732	£2,399	£6,334	£1,342	£8,993	£1,330	6.7	43	0
31/03/07	£4,059	£2,654	£1,405	£1,173	£2,674	£1,203	5.4	43	0
31/03/06	£3,813	£3,789	£24	n/a	n/a	n/a	n/a	n/a	n/a
31/03/05	£2,624	£2,494	£130	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 68.4%
Fundraising Costs/Total Spending: 42.5%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 2%
Liabilities/Income: 8%
Unrestricted Funds/Total Funds: 57%
Reserves/Spending: 22.7 months
Net Current Assets/Spending: 7 months
Quick Ratio: 5.5

Asset Split ?

Balance Sheet History

Established: 21 years

www.tankmuseum.org

office@tankmuseum.org

01929-405096

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training
Environment/Conservation/Heritage
General Charitable Purposes

GiG Classification

Museums, parks, historical sites

How it operates

Provides buildings/facilities/open space

Where it operates

Throughout England And Wales,

Who it helps

The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

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

Major supporters in last 5 years

DCMS	£1,269,496
National Lottery Heritage Fund	£149,700
National Lottery Community Fund	£9,800

Specific Donations

Amount	When Months	To be used for
DCMS - Transition Fund
£71,288	24/03/2023	In recognition of the challenges facing organisations leaving the National Portfolio and as a way of improving the support we provide to them, we will provide a transition period for those who were ....more In recognition of the challenges facing organisations leaving the National Portfolio and as a way of improving the support we provide to them, we will provide a transition period for those who were National Portfolio Organisations, or funded through Business Plan funding, during the year ended 31 March 2023 and that were not asked to join the 2023-26 Investment Programme.
National Lottery Community Fund - On Track
£9,800	09/12/2022	The funding will be used to hold an event with a focus on mental health particularly for members of the armed forces and NHS where participants will be provided with the opportunity to learn coping ....more The funding will be used to hold an event with a focus on mental health particularly for members of the armed forces and NHS where participants will be provided with the opportunity to learn coping mechanisms through speakers and presentations. The project aims to promote positive mental wellbeing.
National Lottery Heritage Fund - Grant to The Tank Museum Limited
£100,000	10/03/2022	The Tank Museum - Online Video Expansion
DCMS - Culture Recovery Fund: Continuity Support
£296,000	27/10/2021	To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further ....more To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further funding in order to be able to operate on a viable and sustainable basis by 31 March 2022.
National Lottery Heritage Fund - Grant to Tank Museum
£49,700	21/07/2020	Covid19 - The Tank Museum
DCMS - The Tank Museum
£122,208	01/04/2020	The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given ....more The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given the chance to flourish and where everyone of us has access to a remarkable range of high quality cultural experiences. Between 2018 and 2022, we will invest £1.45 billion of public money from government and an estimated £860 million from the National Lottery to help deliver this vision.
DCMS - The Tank Museum Ltd
£780,000	01/04/2020	To support Arts and Culture throughout England
Garfield Weston Foundation - Major Grants award
£100,000	21/06/2018	Charles Burnett Memorial Tank Restoration Fund
ARTS COUNCIL ENGLAND - NPO 2018-22: Band 1
£120,000	01/04/2018 11	National portfolio organisation- are leaders in their areas, with a collective responsibility to protect and develop our national arts and cultural ecology.
Garfield Weston Foundation - Major Grants award
£250,000	16/11/2017	Conservation in Action
National Lottery Heritage Fund - Grant to Tank Museum
£2,111,100	24/05/2016	The Tank Museum - Conservation in Action
National Lottery Heritage Fund - Grant to Tank Museum
£500,000	21/05/2013	Catalyst Endowment - The Tank Museum

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (14)

Current Trustees appointed

Gender Split

Based on 13/14 persons

Age Range of Trustees: 47-79

ANTHONY WILLIAM WOODHOUSE Appointed: 2018, Occupation: Company Director

ANDREA BISHOP Appointed: 2021, Occupation: Company Director

BRIGADIER GAVIN JAMES THOMPSON Appointed: 2023, Occupation: Military Officer

COLONEL MATTHEW NEIL WILKINSON Appointed: 2024, Occupation: Army Officer

DAVID WEBB Appointed: 2017, Occupation: Chief Executive

KATHRYN ADIE OBE Appointed: 2017, Occupation: Broadcaster

MARTIN JOHN RUTLEDGE Appointed: 2023, Occupation: Company Director

NICHOLAS FRANCIS FERNYHOUGH Appointed: 2024, Occupation: Retired

NICK SERLE Appointed: 2022, Occupation: Company Director

SCOTT MILNE Appointed: 2023, Occupation: Company Director

SIR WILLIAM RAOUL ROLLO Appointed: 2023, Occupation: Company Director

WILLIAM KENNETH SUTTIE Appointed: 2017, Occupation: Civil Servant

WILLIAM BANNISTER Appointed: 2013, Occupation: Company Director

YUN SUN CHOI Appointed: 2021, Occupation: Company Director

Legal constitution

Charitable company registered in England & Wales on 16/03/2004, number: 1102661
Registered at Companies House on 13/11/2003, number: 04962619

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

19 returns made; all on time

Main office

King George V Road
Bovington
Wareham
Dorset
BH20 6JG

Objectives

TO EDUCATE THE PUBLIC IN THE HISTORY OF ARMOURED WARFARE AND TO HOLD TOGETHER THE TRADITIONS OF THE ROYAL ARMOURED CORPS AND THE ROYAL TANK REGIMENT AND PERPETUATE THEIR DEEDS BY THE PROVISION AND MAINTENANCE OF A MUSEUM AND TO PRESERVE FOR THE BENEFIT OF THE PUBLIC VEHICLES, DOCUMENTS AND OTHER EXHIBITS AND ARTEFACTS WHICH ARE OF HISTORICAL IMPORTANCE IN THE STUDY OF ARMOURED WARFARE.

Defined Area of Benefit:

NOT DEFINED. IN PRACTICE NATIONAL

Data Sources

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