Finance Score: 2
Governance Score: 2
Support Score: 14
  • Poor Liquidity: -1
  • Strong growth: +2
  • Deficit latest year: -2
  • Fundraising costs low: +3
  • Only 4 Trustees: -1
  • Gender balanced board: +3
  • Overall weighted support: +14
Overall GiG Score: 18 ?

CHINEKE FOUNDATION

To promote diversity in classical music, for the public benefit, in particular but not exclusively, through the advancement and promotion of Black and ethnically diverse classical musicians, aged 7 to 65, residing in the UK and Europe. To advance arts and culture by supporting the music careers of diverse people through the Chineke! Orchestra, Junior Orchestra, and Education programme.
Analysis by Giving is Great

Positives:

  • There has been strong growth in spending over the last 5 years
  • Fundraising costs are unusually low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers

Regulatory & Governance issues to consider:

  • Why are there only 4 trustees?

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end
  • Income was lower than spending in the latest year

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
31/03/23£2,217£2,650£-432£7£585£437250
31/03/22£1,632£1,555£77£199£512£5123.950
31/03/21£878£723£154£0£271£2714.550
31/03/20£1,132£1,091£41£2£117£1081.250
31/03/19£565£582£-17£1£75£751.541
31/03/18£640£575£65£1£93£931.930
31/03/17£240£217£23n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0.3%
Fundraising Costs/Total Spending: 0.3%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 43%
Liabilities/Income: 20%
Unrestricted Funds/Total Funds: 75%
Reserves/Spending: 2 months
Net Current Assets/Spending: 3 months
Quick Ratio: 0.2
Asset Split ?
Balance Sheet History
Established: 9 years

http://chineke.org

chinekefoundation@gmail.com

02088924126

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
  • Human Rights/Religious Or Racial Harmony/Equality Or Diversity
GiG Classification
  • Performing and visual arts
How it operates
  • Makes grants to individuals
  • Provides buildings/facilities/open space
  • Provides other finance
  • Provides services
Where it operates
  • Throughout England And Wales,
Who it helps
  • Children/Young People
  • People Of A Particular Ethnic Or Racial Origin

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£615,000
Esmee Fairbairn£311,000
Paul Hamlyn Foundation£224,000
Garfield Weston Foundation£180,000
John Ellerman Foundation£150,000
City Bridge Trust£49,944
The Foyle Foundation£30,000
Specific Donations
Amount When
Months
To be used for
Esmee Fairbairn - Grant to CHINEKE FOUNDATION
£177,000 06/12/2023
Towards unrestricted core costs to offer placements to aspiring Black and ethnically diverse arts professionals, helping to build more inclusive classical music
John Ellerman Foundation - Core costs
£150,000 25/05/2023
Core costs
Paul Hamlyn Foundation - Supporting Chineke!'s core mission
£14,000 18/01/2023
Chineke! Foundation provides career opportunities to established and emerging Black and minoritised classical musicians in the UK and Europe. They aim to be a catalyst for change, increasing the representation of ethnically diverse musicians in ....more
Garfield Weston Foundation - Main Grants award
£30,000 21/10/2022
Strengthening Chineke! in 2023
The Foyle Foundation - Arts
£30,000 20/09/2022
towards core costs over the next 12 months
DCMS - Arts Council National Lottery Project Grants
£15,000 15/12/2021
National Lottery Project Grants is our open access programme for arts, libraries and museums projects. The fund supports thousands of individual artists, community and cultural organisations.
DCMS - Culture Recovery Fund: Continuity Support
£150,000 22/10/2021
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 funding in order to be able to operate on a ....more
Paul Hamlyn Foundation - Supporting Chineke!'s core mission
£210,000 19/07/2021
36
Chineke! Foundation provides career opportunities to established and emerging Black and minoritised classical musicians in the UK and Europe. They aim to be a catalyst for change, increasing the representation of ethnically diverse musicians in ....more
Esmee Fairbairn - Grant to Chineke Foundation
£60,000 23/06/2021
Towards core costs from the Reinvent Performing Arts Fund
Esmee Fairbairn - Grant to Chineke Foundation
£54,000 24/03/2021
1
Towards unrestricted core costs from the Racialised Communities Top Up Fund
Garfield Weston Foundation - WCF award - COVID19 response
£150,000 05/02/2021
Weston Culture Fund
Esmee Fairbairn - Grant to Chineke Foundation
£20,000 19/05/2020
6
towards unrestricted core costs as a COVID-19 Fast Response grant
City Bridge Trust - Grant to Chineke! Foundation
£49,944 19/05/2020
A grant of £49,944 to fund the essential and urgent costs outlined in the appliciation, so that the organisation can carry on providing support to Londoners.
Youth Music - Coronavirus - Emergency Fund
£10,000 30/04/2020
Coronavirus - Emergency Fund - Organisational sustainability
DCMS - Chineke - securing the future
£300,000 01/04/2020
To support Arts and Culture throughout England
DCMS - Chineke - emerging from lockdown
£150,000 01/04/2020
To support Arts and Culture throughout England
John Ellerman Foundation - costs of touring new work
£100,000 23/05/2019
24
Towards the costs of their touring programme featuring new and previously unperformed work by Black minority ethnic composers
Esmee Fairbairn - Grant to Chineke Foundation
£120,000 09/04/2019
36
Towards organisational development, including new staff posts, in order to secure and deliver a greatly increased programme of work from 2019 onwards.
Andrew Lloyd Webber Foundation - Grant to Chineke Foundation
£15,100 07/11/2017
12
Learning and Participation projects linked to public concerts
Garfield Weston Foundation - Main Grants award
£15,000 09/10/2017
Core costs
Esmee Fairbairn - Grant to Chineke Foundation
£20,000 25/01/2017
12
Towards core costs for an organisation that provides career opportunities to young Black and Minority Ethnic classical musicians.
The Clothworkers Foundation - Grant to Chineke Foundation
£6,300 30/06/2016
Equipment and music scores for a charity which provides performance and music opportunities for BAME people in London
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)
Current Trustees appointed
Gender Split

Age Range of Trustees: 52-75
  • CANDACE ALLEN Appointed: 2015, Occupation: Writer
  • FRANK DOUGLAS Appointed: 2022, Occupation: General Manager
  • KENNETH OLUMUYIWA THARP CBE Appointed: 2017
  • LUCY STONER Appointed: 2023, Occupation: Personnel Manager
Legal constitution
  • Charitable company registered in England & Wales on 08/03/2016, number: 1165933
  • Registered at Companies House on 21/04/2015, number: 09553052
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints 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
  • Risk management
  • Safeguarding policy and procedures
  • 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
7 returns made; all on time
Main office

3rd Floor Paternoster House
65 St Paul's Churchyard
London
EC4M 8AB

Objectives

1. TO ADVANCE THE ART OF CLASSICAL MUSIC FOR THE PUBLIC BENEFIT, BYA) SUPPORTING, DEVELOPING AND TRAINING ETHNIC MINORITY CLASSICAL MUSICIANS, AGED 7 TO 26, LIVING IN THE UK AND EUROPE, IN PARTICULAR BUT NOT EXCLUSIVELY, THROUGH ANNUAL COMPETITIONS, AND MENTORING PROGRAMMES;B) THE STAGING OF HIGH QUALITY CLASSIC MUSICAL PERFORMANCES;2. THE ADVANCEMENT IN LIFE OF ETHNIC MINORITY CLASSICAL MUSICIANS OF LIMITED MEANS LIVING IN THE UK AND EUROPE FOR THE PUBLIC BENEFIT, BY SUPPORTING AND PROVIDING CAREER OPPORTUNITIES, IN PARTICULAR BUT NOT EXCLUSIVELY, THROUGH THE ESTABLISHMENT OF JUNIOR AND PROFESSIONAL ORCHESTRAS; AND 3. TO PROMOTE EDUCATION IN CLASSICAL MUSIC, FOR THE PUBLIC BENEFIT, IN THE UK AND EUROPE BY PROVIDING, IN PARTICULAR BUT NOT EXCLUSIVELY, EDUCATIONAL PROGRAMMES AND SCHOLARSHIPS FOR ETHNIC MINORITY CLASSICAL MUSICIANS, AGED 7 TO 26 AND ENCOURAGING PROGRAMMES OF CLASSICAL MUSIC WITHIN SCHOOLS.

Data Sources

Charity Commission for England and Wales
360 Giving

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