Finance Score: 1

Governance Score: -1

Support Score: 4

Liabilities <10%: +3
Excess reserves: -5
Fundraising costs low: +3

Mainly male board: -1

Grant maker support: +4

Overall GiG Score: 4

ROYAL AIR FORCE MUSEUM

Our purpose is to share the story of the Royal Air Force, past, present and future, using the stories of its people and our collections, to engage, entertain, inspire and encourage learning. Our overall vision is to inspire everyone with the RAF story, the people who shape it and its place in our lives.

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker recently
This charity has a robust balance sheet
Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

The Board is predominantly male

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £125,120,000 available, equivalent to 78 months of spending and so may not be able to utilise additional funding

Financial Data ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£19,854	£19,201	£653	£695	£136,779	£125,120	78.2	202	384

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Financial Ratios

Fundraising Costs/Relevant Income: 4.5%
Fundraising Costs/Total Spending: 3.6%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £110,000-£120,000
Liabilities/Assets: 2%
Liabilities/Income: 11%
Unrestricted Funds/Total Funds: 91%
Reserves/Spending: 78.2 months
Net Current Assets/Spending: 7 months
Quick Ratio: 5.5

Asset Split ?

Established: 2 years

www.rafmuseum.org.uk

london@rafmuseum.org

02085384839

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training

How it operates

Provides buildings/facilities/open space
Provides services
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

The General Public/Mankind

Who works here?

202 employees
384 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
National Lottery Heritage Fund - Grant to Royal Air Force Museum
£713,222	29/11/2022	Inspiring Everyone: RAF Museum Midlands Development Programme

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)

Current Trustees appointed

Gender Split

Age Range of Trustees:

AIR MARSHAL PETER WILLIAM DAVID RUDDOCK CB CBE Appointed: 2022

DAVID COOPER CBE Appointed: 2022

JONATHAN IAN FIELD Appointed: 2022

JULIE MCGARVEY Appointed: 2022

MATTHEW GILPIN Appointed: 2022

NICK SANDERS Appointed: 2022

SIR STEPHEN HILLIER Appointed: 2022

DR RODNEY EASTWOOD PH D BSC Appointed: 2022, Other trusteeship: ESCP EUROPE - BUSINESS SCHOOL,

JOHN BANKS Appointed: 2022, Occupation: Project Manager

DR CAROL COLE Appointed: 2022, Occupation: Psychologist, Other trusteeship: AGE UK,

WASEEM MAHMOOD OBE Appointed: 2022, Occupation: Consultant, Other trusteeship: BEAR PIT THEATRE LIMITED,

Legal constitution

Charity registered in England & Wales on 17/01/2022, number: 1197541

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
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

1 returns made; all on time

Main office

ROYAL AIR FORCE MUSEUM
GRAHAME PARK WAY
LONDON
NW9 5LL

Objectives

2 THE OBJECTS FOR WHICH THE MUSEUM IS HEREBY CONSTITUTED SHALL BE TO EDUCATE AND INFORM THE PUBLIC AND MEMBERS OF OUR ROYAL AIR FORCE ABOUT:2.1 THE HISTORY AND TRADITIONS OF OUR ROYAL AIR FORCE, AND 2.2 THE ROLE OF OUR ROYAL AIR FORCE IN RELATION TO THE ARMED FORCES OF THE REALM, OTHER AIR FORCES AND AVIATION GENERALLY, IN PARTICULAR, BUT NOT EXCLUSIVELY, BY COLLECTING, CONSERVING, PRESERVING, MANAGING, EXHIBITING AND STORING DOCUMENTS, ITEMS, ARTEFACTS AND OTHER MATERIALS IN THE COLLECTION.

Data Sources