Finance Score: -2
Governance Score: 6
Support Score: 2
  • Large legacies income: +1
  • Volatile income: -3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +2
Overall GiG Score: 6 ?

CATHEDRAL MUSIC TRUST 

To advance the education of the public in the art of music with special reference to the Choral Service in Cathedrals, Collegiate Churches and Chapels and other appropriate places of worship.
Analysis by Giving is Great

Positives:

  • The charity has received modest backing from several prominent grant makers recently
  • This charity has an endowment fund which generates most of its income
  • This charity has received considerable income from legacies in recent years
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Financial issues to consider:

  • Income has been volatile recently

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£604£770£-166£144£6,873£85513.3570
31/12/21£843£744£99£152£7,819£96415.6540
31/12/20£1,800£1,228£572£126£6,890£9329.1170
Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 4%
Unrestricted Funds/Total Funds: 12%
Reserves/Spending: 13.3 months
Net Current Assets/Spending: 12 months
Quick Ratio: 24.2
Asset Split ?
Established: 4 years

http://www.cathedralmusictrust.org.uk/

Secretary@cathedralmusictrust.org.uk

02031516096

Charity Commission for England and WalesFacebookX
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
GiG Classification
  • Performing and visual arts
How it operates
  • Makes Grants to Organisations
  • Other charitable activities
  • Provides advocacy/advice/information
Where it operates
  • Ireland, Isle Of Man, Northern Ireland, Scotland, Throughout England And Wales,
Who it helps
  • Other Charities Or Voluntary Bodies
  • The General Public/Mankind
Who works here?
  • 5 employees
  • 70 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
Department for Work and Pensions - BLUE PRECISION TECHNOLOGIES LIMMITED
£6,437 01/04/2022
The Kickstart Scheme provides funding to employers to create jobs for 16 to 24 year olds on Universal Credit.
Department for Work and Pensions - BLUE PRECISION TECHNOLOGIES
£1,500 01/04/2021
To support customers aged 18-24 to be ready to take up kickstart vacancies.

Data sourced from Donors via 360 Giving

How is it governed?

Legal constitution
  • Charity registered in England & Wales on 05/02/2020, number: 1187769
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
3 returns made; all on time
Main office

27 OLD GLOUCESTER STREET
LONDON
WC1N 3AX

Objectives

3.1 THE OBJECT OF THE CIO IS:3.1.1 TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE ART OF MUSIC WITH SPECIAL REFERENCE TO THE CHORAL SERVICE IN CATHEDRALS, COLLEGIATE CHURCHES AND CHAPELS AND OTHER APPROPRIATE PLACES OF WORSHIP.

Data Sources

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

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