Finance Score: 4

Governance Score: 5

Support Score: 14

Good reserves management: +3
Multiple Deficits: -2
Fundraising costs low: +3

12+ Trustees: -1
Good trustee age range: +3
Gender balanced board: +3

Grant maker support: +14

Overall GiG Score: 23

THE ROYAL NATIONAL THEATRE

The National Theatre is central to the creative life of the UK. In its three theatres on the South Bank in London it presents new plays and classics from the world repertoire. It extends its reach through live broadcasts into cinema, UK and International tours and deepens audience engagement through its education programme. It looks after the wider health of theatre through R&D at the NT Studio.

Analysis by Giving is Great

Positives:

The charity has received backing from multiple prominent grant makers recently
Reserves management has been consistently within official guidelines
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age and gender

Regulatory & Governance issues to consider:

One or more trustees receive payments or benefits from the charity for providing services to the charity
There are 13 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

On several occasions in recent years income has been less than spending

Established: 61 years

www.nationaltheatre.org.uk

dparker@nationaltheatre.org.uk

02074523361

Charity Commission for England and Wales

Tweets

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
31/03/23		£89,000	£90,900	£-1,900	£2,600	£85,800	£46,100	6.1	778	25
31/03/22		£80,800	£80,100	£700	£2,100	£87,700	£43,300	6.5	669	0
31/03/21		£56,300	£51,600	£4,700	£1,500	£87,000	£37,500	8.7	759	0
31/03/20		£106,900	£114,800	£-7,900	£2,400	£82,300	£33,100	3.5	1,188	36
31/03/19		£107,600	£110,300	£-2,700	£2,500	£90,200	£37,200	4	1,213	40
01/04/18		£107,800	£109,800	£-2,000	£2,300	£92,900	£35,800	3.9	1,188	0
26/03/17		£104,700	£101,300	£3,400	£2,700	£94,900	£34,200	4.1	1,173	0
27/03/16		£121,600	£117,000	£4,600	£2,400	£91,500	£29,200	3	1,178	0
29/03/15		£137,900	£125,600	£12,300	£28,200	£80,500	£22,100	2.1	1,198	0
30/03/14		£124,100	£103,400	£20,700	£12,500	£68,200	£19,600	2.3	1,134	0
01/04/13		£97,600	£91,600	£6,000	£13,300	£47,500	£22,100	2.9	1,056	0
01/04/12		£86,500	£76,800	£9,700	£10,500	£41,500	£24,700	3.9	1,014	0
27/03/11		£79,405	£69,301	£10,104	£9,529	£31,775	£20,046	3.5	978	0
28/03/10		£65,954	£65,455	£499	£1,456	£21,671	£11,022	2	991	0
29/03/09		£55,299	£52,995	£2,304	£8,767	£21,172	£9,284	2.1	917	0
30/03/08		£52,867	£51,771	£1,096	£7,136	£18,868	£5,858	1.4	925	0
01/04/07		£48,435	£49,145	£-710	£7,058	£17,772	£6,020	1.5	854	0
02/04/06		£36,143	£40,743	£-4,600	£0	£0	£0	n/a	0	0
03/04/05	*	£38,450	£37,926	£524	£0	£0	£0	n/a	0	0
28/03/04	*	£32,311	£39,068	£-6,757	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 3.6%
Fundraising Costs/Total Spending: 2.9%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 34%
Liabilities/Income: 49%
Unrestricted Funds/Total Funds: 54%
Reserves/Spending: 6.1 months
Net Current Assets/Spending: 6 months
Quick Ratio: 1.8

Asset Split ?

What it does

Arts/Culture/Heritage/Science
Education/Training

Who works here?

778 employees
25 volunteers

Who it helps

The General Public/Mankind

How it operates

Other charitable activities

Where it operates

China, Germany, Netherlands, Northern Ireland, Scotland, United States,

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.

Major supporters in last 5 years

DCMS	£17,007,280
Garfield Weston Foundation	£1,800,000
The Foyle Foundation	£1,625,000
Esmee Fairbairn	£509,320

Specific Donations

Amount	When Months	To be used for
The Foyle Foundation - Arts
£1,500,000	28/11/2023	towards major capital improvements to backstage workspaces
Woodward Charitable Trust - Education outreach project: Connections programme
£5,000	20/10/2023	Education outreach project: Connections programme
The Charity of Sir Richard Whittington - Grant to National Theatre
£88,762	06/07/2023	Pilot project integrating drama into primary education curriculum.
Greater London Authority - Site and Operational Feasibility for a Theatre Set and Prop Recycling Centre
£47,000	21/03/2023	This project was match-funded by London Economic Action Partnership at an amount of £32,000. The National Theatre has been working on behalf of the London Theatre Consortium to support the ....more This project was match-funded by London Economic Action Partnership at an amount of £32,000. The National Theatre has been working on behalf of the London Theatre Consortium to support the development of a Set and Prop Recycling Centre for London Theatres. Thefacility is a new cultural infrastructure typology that would provide a way for theatres to store and make available recycled materials and components for reuse. It would enable theatres to play an active role in reducing their carbon footprint, supporting the Mayor’s target to become carbon zero by 2030. It would also have the benefit of reducing material costs for the creation of sets; these costs have been soaring in recent months. An initial small scale feasibility study was undertaken in April 2021 and this found that the idea was viable and warranted a more detailed business case to be developed. A business case report using the Five Case Model for developing business cases as recommended by Her Majesty's Treasury (HM Treasury) has now been presented to the GLA and suggests that the project is viable. The project now needs to proceed to a site feasibility to progress.
Esmee Fairbairn - Grant to National Theatre (NT)
£32,600	13/02/2023	Towards unrestricted core costs as a Cost of Living Uplift
The Shears Foundation - National Theatre
£5,000	01/11/2022	National Theatre Schools Tour - Greater Manchester
The Charity of Sir Richard Whittington - Grant to Royal National Theatre
£72,547	26/07/2022	Pilot project exploring the impact of integrating drama into different stages of the primary curriculum to support children’s literacy, oracy and social development.
Tuixen Foundation - Core grant to National Theatre
£10,000	19/07/2022	National Theatre learning and public engagement programs provide access to theatre for young people from disadvantaged groups across the UK.
Andrew Lloyd Webber Foundation - Grant to National Theatre
£50,000	26/05/2022	NT Connections
Wolfson Foundation - Grant to National Theatre
£250,000	09/12/2021	New automated flying system at the Olivier Theatre
Esmee Fairbairn - Grant to National Theatre (NT)
£423,720	02/11/2021 36	Towards project costs of Public Acts, an initiative co-created with social change organisations and theatre partners around the UK, that uses theatre to tackle complex social challenges
Tuixen Foundation - Core grant to National Theatre
£10,000	23/07/2021	National Theatre learning and public engagement programs provide access to theatre for young people from disadvantaged groups across the UK.
The Rayne Foundation - Grant to Royal National Theatre
£50,000	08/03/2021	Towards the Max Rayne Design Bursary
Garfield Weston Foundation - WCF award - COVID19 response
£1,500,000	05/02/2021	Weston Culture Fund
Wolfson Foundation - Grant to National Theatre
£250,000	09/12/2020	WF Covid-19 Support Fund
Tuixen Foundation - Core grant to National Theatre
£10,000	04/12/2020	National Theatre learning and public engagement programs provides access to young people from all groups in the UK.
The Foyle Foundation - Arts
£125,000	24/11/2020	towards the cost of redeveloping the website (awarded grant in response to coronavirus)
CHK Foundation - CHK Discretionary Grant
£10,000	02/10/2020	unrestricted, to further the Charitable Objects
Esmee Fairbairn - Grant to National Theatre
£53,000	01/09/2020 12	Towards Project costs Towards the development of the 'Public Acts' programme of national engagement projects.
Paul Hamlyn Foundation - COVID19 Emergency Funding
£50,000	13/08/2020 3	Support to aid the organisation in dealing with the challenges posed by COVID19.
Tuixen Foundation - Core grant to National Theatre
£10,000	05/08/2020	National Theatre learning and public engagement programs provides access to young people from all groups in the UK.
Department for Business, Energy and Industrial Strategy - Universal Performance Space
£74,170	01/06/2020	Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projects?ref=65145
Department for Business, Energy and Industrial Strategy - Open Access Smart Capture: Immersive accessibility in theatre
£38,289	01/06/2020	Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projects?ref=74626
City Bridge Trust - Grant to National Theatre
£10,330	19/05/2020	£10,330 towards audio subtitling costs as outlined in your application.
DCMS - National Portfolio Funding 2018-22
£17,007,280	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.
Garfield Weston Foundation - Multi-Year Grant (3 Years) award
£300,000	28/02/2020	Theatre Nation Partnerships
Tuixen Foundation - Core grant to National Theatre
£10,000	11/07/2019	National Theatre learning and public engagement programs provides access to young people from all groups in the UK.
John Lyon's Charity - Main grant to National Theatre
£28,000	13/06/2019 12	Subsidised tickets for all schools in Brent to see 'War Horse' at Wembley Park Theatre
Tuixen Foundation - Core grant to National Theatre
£10,000	10/08/2018	National Theatre learning and public engagement programs provides access to young people from all groups in the UK.
Wolfson Foundation - Grant to National Theatre
£170,000	04/12/2017	House lighting
Garfield Weston Foundation - Major Grants award
£250,000	11/10/2017	NT: Theatre Nation
Paul Hamlyn Foundation - Let's Play
£150,000	08/05/2017 35	The National Theatre wants to build on the pilot of its Let’s Play programme by addressing the need for quality plays suitable for primary school productions and support for teachers to produce ....more The National Theatre wants to build on the pilot of its Let’s Play programme by addressing the need for quality plays suitable for primary school productions and support for teachers to produce them. This grant will enable them to commission and develop seven original plays and music from leading writers and composers, deliver teacher continuing professional development and learning and support, commission a detailed, independent evaluation and advocate for theatre making in schools.
Andrew Lloyd Webber Foundation - Grant to National Theatre
£150,000	12/03/2015	NT Connections
Esmee Fairbairn - Grant to National Theatre
£150,000	25/09/2008 24	Towards Project costs Towards a pilot programme of participatory, digital and new media activities.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)

Current Trustees appointed

Gender Split

Age Range of Trustees: 45-67

AMANDA KATE PRITCHARD Appointed: 2023, Occupation: Chief Executive Officer, Nhs

DAME KAREN ELIZABETH PIERCE Appointed: 2019, Occupation: Hm Diplomatic Service

ELIZABETH OFFORD Appointed: 2015, Occupation: Company Director

FARRAH STORR Appointed: 2021, Occupation: Editor In Chief Elle Uk

LOUISE ELIZABETH CHARLTON Appointed: 2019

MELANIE JANE RICHARDS CBE Appointed: 2021, Other trusteeship: GYNAECOLOGY CANCER RESEARCH FUND,

SIR DAMON MARCUS BUFFINI (Chair) Appointed: 2016, Occupation: Company Director, Other trusteeships: THE ROYAL ANNIVERSARY TRUST, THE BUFFINI CHAO FOUNDATION,

SABINE CHALMERS Appointed: 2017, Occupation: Lawyer & Board Director

SIMON MINTY Appointed: 2020, Occupation: Consultant

SIMON WARSHAW Appointed: 2017, Occupation: Banker, Other trusteeships: THE ROYAL NATIONAL THEATRE FOUNDATION, THE WARSHAW FAMILY CHARITABLE TRUST,

TIM SCORE Appointed: 2017, Occupation: Non-Executive Director

VICKI MORTIMER Appointed: 2019, Occupation: Design For Theatre, Opera, Ballet, Other trusteeship: THE DULCIE MAYNE STEPHENS ART TRUST,

VIKKI HEYWOOD Appointed: 2017, Occupation: Theatre Consultant

Legal constitution

Charitable company registered in England & Wales on 17/04/1963, number: 224223
Registered at Companies House on 08/02/1963, number: 00749504

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
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

20 returns made; AR05: 1 days late, AR04: 5 days late,

Main office

ROYAL NATIONAL THEATRE
UPPER GROUND
LONDON
SE1 9PX

Objectives

TO PROMOTE AND ASSIST IN THE ADVANCEMENT OF EDUCATION SO FAR AS SUCH PROMOTION AND ASSISTANCE SHALL BE OF A CHARITABLE NATURE AND IN PARTICULAR, SO FAR AS OF A CHARITABLE NATURE, TO PROCURE AND INCREASE THE APPRECIATION AND UNDERSTANDING OF THE DRAMATIC ART IN ALL ITS FORMS AS A MEMORIAL TO WILLIAM SHAKESPEARE.

Defined Area of Benefit:

NOT DEFINED

Data Sources