Causes
 X
Resources
 X
User Services
 X
home >> charity search >> the royal society of musicians of great britain
Finance Score: 0
Governance Score: 0
Support Score: 0
    • No volunteer policy: -2
    • Dynamic board: +3
    • Mainly male board: -1
    • No supporters identified
    Overall GiG Score: 0 ?

    THE ROYAL SOCIETY OF MUSICIANS OF GREAT BRITAIN 

    The Society, a charity for musicians run by musicians, provides grants and support to professional musicians and their families in need because of accident, illness or old age whether or not they are members. Founded in 1738 as the Fund for Decay'd Musicians, early members included Handel, Arne, Boyce and Sammartini. Today it maintains its tradition of responding swiftly to needs of colleagues.
    Analysis by Giving is Great

    Positives:

    • This charity has an endowment fund which generates most of its income
    • The Board appears to be dynamic in terms of composition

    Regulatory & Governance issues to consider:

    • Although this charity works with volunteers it does not have a Volunteer Management policy
    • The Board is predominantly male
    miles

    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
    31/07/23£1,296£1,265£31£106£35,766£35,081332.7535
    31/07/22£1,437£1,375£62£99£37,733£36,830321.550
    31/07/21£1,396£1,730£-334£73£37,200£36,269251.640
    31/07/20£929£1,615£-686£88£32,063£31,21023240
    31/07/19£996£957£40£59£34,323£33,453419.640
    31/07/18£1,118£940£178£61£32,816£31,925407.430
    31/07/17£912£874£38£38£32,833£31,90043830
    31/07/16£1,157£794£362£31£30,140£29,194441.230
    31/07/15£9,797£726£9,071£69£28,476£27,522454.730
    31/07/14£2,271£867£1,404£84£19,135£18,173251.540
    31/07/13*£821£859£-38£48£17,772£16,853235.440
    31/07/12£915£778£137£38£15,143£14,401222.240
    31/07/11£716£640£76£37£14,895£14,154265.440
    31/07/10£760£626£134£33£14,011£13,491258.630
    31/07/09£689£607£82£35£13,112£12,705251.430
    31/07/08£661£643£18£32£13,787£13,348249.330
    31/07/07£691£615£76£32£11,878£11,375221.930
    31/07/06£619£734£-115£0£0£0n/a00
    31/07/05£540£597£-57£0£0£0n/a00
    31/07/04£646£650£-3£0£0£0n/a00
    Show more rows -->

    Download accounts
    Financial Ratios
    Fundraising Costs/Relevant Income: 0%
    Fundraising Costs/Total Spending: 0%
    Senior Staff Costs/Total Spending: 6%
    Highest pay band: £60,000-£70,000
    Liabilities/Assets: 1%
    Liabilities/Income: 15%
    Unrestricted Funds/Total Funds: 98%
    Reserves/Spending: 332.7 months
    Net Current Assets/Spending: 7 months
    Quick Ratio: 2.8
    Asset Split ?
    Established: 47 years

    rsmgb.org

    enquiries@rsmgb.org

    02076296137

    Charity Commission for England and WalesFacebookX
    Listed activities
    • The Prevention Or Relief Of Poverty
    GiG Classification
    • Social & legal advocacy
    How it operates
    • Makes Grants to Individuals
    Where it operates
    • Northern Ireland, Scotland, Throughout England And Wales,
    Who it helps
    • Other Defined Groups
    Who works here?
    • 5 employees
    • 35 volunteers

    Who's supporting them? ?

    We have no records of donations from grant makers.

    How is it governed?

    Trustees (12)
    Current Trustees appointed
    Gender Split
    Based on 10/12 persons

    Legal constitution
    • Charity registered in England & Wales on 10/02/1977, number: 208879
    Gift Aid
    • Registered with HMRC for Gift Aid
    Policies in force
    • Bullying and harassment policy and procedures
    • Complaints policy and procedures
    • Conflicting interests
    • 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
    • Risk management
    • Safeguarding policy and procedures
    • Serious incident reporting policy and procedures
    • Trustee conflicts of interest policy and procedures
    • Trustee expenses policy and procedures
    Filing Record
    20 returns made; AR13: 74 days late,
    Main office

    ROYAL SOCIETY OF MUSICIANS OF GB
    26 Fitzroy Square
    LONDON
    W1T 6BT

    Objectives

    THE RELIEF OF POVERTY AND SICKNESS AMONG (A) PROFESSIONAL MUSICIANS; (B) FORMER PROFESSIONAL MUSICIANS AND PERSONS ASPIRING AND INTENDING TO EMBARK ON A CAREER AS A PROFESSIONAL MUSICIAN; AND (C) THE FAMILIES AND DEPENDANTS OF ANY OF THE FOREGOING, PRIORITY BEING GIVEN TO THE MEMBERS OF THE SOCIETY OR AS THE CASE MAY BE, TO THE FAMILIES AND DEPENDANTS OF MEMBERS OR DECEASED MEMBERS, OVER PERSONS WHO ARE NOT MEMBERS

    Defined Area of Benefit:

    NOT DEFINED

    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
    Share

    LinkedIn

    WhatsApp
    Copy Link
    ×