Finance Score: -2

Governance Score: 5

Support Score: 5

Multiple Deficits and declines: -5
Fundraising costs low: +3

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

Grant maker support: +5

Overall GiG Score: 8

THE SHAKESPEARE GLOBE TRUST

The Trust's primary purpose is to promote, maintain, improve and advance education, by encouraging and stimulating public appreciation and understanding of the dramatic art in all its forms, but principally in relation to the works of William Shakespeare. The Trust aims to fulfil this purpose through educational programmes, theatre performances, exhibitiona and guided tours at the Globe Theatre.

Analysis by Giving is Great

Positives:

Fundraising costs are unusually low relative to funds raised
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

One or more trustees receive benefits from the charity
There are 18 trustees whereas the Charities Commission recommends a maximum of 12
Over half the Board have joined recently

Financial issues to consider:

Income has been volatile and on several occasions in recent years less than spending

Established: 50 years

www.shakespearesglobe.org

info@shakespearesglobe.com

020 7902 1451

Charity Commission for England and Wales

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
31/10/22	£19,138	£21,226	£-2,088	£817	£32,279	£24,331	13.8	276	700
31/10/21	£13,562	£15,165	£-1,603	£693	£33,876	£25,400	20.1	200	700
31/10/20	£11,212	£16,829	£-5,617	£865	£35,479	£26,717	19.1	223	700
31/10/19	£23,452	£23,791	£-339	£922	£41,815	£33,340	16.8	291	700
31/10/18	£24,176	£23,409	£767	£688	£44,243	£35,611	18.3	317	600
31/10/17	£24,605	£23,197	£1,408	£755	£43,423	£35,237	18.2	288	0
31/10/16	£27,051	£26,587	£464	£843	£42,015	£34,969	15.8	381	0
31/10/15	£23,039	£22,737	£302	£2,464	£41,551	£34,050	18	397	0
31/10/14	£22,017	£21,179	£838	£2,884	£41,249	£33,638	19.1	363	0
31/10/13	£21,662	£17,963	£3,699	£2,530	£40,411	£32,706	21.8	309	0
31/10/12	£20,423	£17,257	£3,166	£2,156	£36,712	£26,023	18.1	278	0
31/10/11	£16,170	£14,537	£1,633	£2,142	£33,234	£23,359	19.3	258	0
31/10/10	£16,615	£14,391	£2,224	£1,985	£31,607	£22,548	18.8	258	0
31/10/09?	£13,982	£12,423	£1,559	£2,357	£29,070	£19,102	18.5	214	0
07/10/08	£11,346	£11,095	£251	£1,959	£24,969	£14,820	16	251	0
07/10/07	£10,106	£9,794	£312	£1,936	£24,733	£14,543	17.8	198	0
07/10/06	£9,294	£9,050	£244	£0	£0	£0	n/a	0	0
30/09/05	£6,484	£5,808	£676	£0	£0	£0	n/a	0	0
30/09/04	£1,170	£449	£721	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 5%
Fundraising Costs/Total Spending: 3.8%
Senior Staff Costs/Total Spending: 9%
Highest pay band: £200,000-£250,000
Liabilities/Assets: 18%
Liabilities/Income: 37%
Unrestricted Funds/Total Funds: 75%
Reserves/Spending: 13.8 months
Net Current Assets/Spending: 6 months
Quick Ratio: 3.1

Asset Split ?

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

Children/Young People
The General Public/Mankind

Who works here?

276 employees
700 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.

Major supporters in last 5 years

DCMS	£2,985,707
Garfield Weston Foundation	£750,000
Alan & Babette Sainsbury Charitable Fund	£40,000

Specific Donations

Amount	When Months	To be used for
Garfield Weston Foundation - WCF award - COVID19 response
£750,000	05/02/2021	Weston Culture Fund
DCMS - Shakespeare's Globe Culture Recovery Fund Grant Application
£2,985,707	01/04/2020	To support Arts and Culture throughout England
Alan & Babette Sainsbury Charitable Fund - Towards its outreach work in Southwark schools
£20,000	22/05/2019 24	Towards its outreach work in Southwark schools.
Alan & Babette Sainsbury Charitable Fund - Towards its outreach work in Southwark schools
£20,000	22/05/2019	Towards its outreach work in Southwark schools.
The Pilgrim Trust - Grant to The Shakespeare Globe Trust
£4,500	30/10/2018 8	Preservation and digitisation of Sam Wanamaker's quarter-inch open reel audio tapes
Garfield Weston Foundation - Major Grants award
£300,000	21/06/2018	Project Prospero
Greater London Authority - Grant to Shakespeare's Globe Trust
£25,000	09/08/2016	To support The Complete Walk, a celebration of 400th anniversary
Andrew Lloyd Webber Foundation - Grant to The Shakespeare's Globe Trust
£45,000	20/10/2015	New journeys with Shakespeare
Andrew Lloyd Webber Foundation - Grant to The Shakespeare's Globe Trust
£15,000	26/02/2014	Year-long post of Music Department Assistant Trainee
Esmee Fairbairn - Grant to Shakespeare Globe Trust
£25,000	02/06/2010 12	Towards Core costs Towards a project to help the development of the enhanced Globe site.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (18)

Current Trustees appointed

Age Range of Trustees: 29-71

DAME JAYNE-ANNE GADHIA (Chair) Appointed: 2024 Occupation: Non Executive

DEBORAH FRANCES TAYLOR Appointed: 2023 Occupation: Retired

DEBORAH-LYNN REBECCA MYERS Appointed: 2023

DESPINA TSATSAS Appointed: 2022 Occupation: Theatre Producer

DIPO BARUWA-ETTI Appointed: 2022 Occupation: Self-Employed (Director)

ERICA CRUMP Appointed: 2020 Occupation: Partner, Other trusteeships: UNITAS, STONE NEST,

INDY SAHA Appointed: 2022 Occupation: Strategy Partner

JAGDIP JAGPAL Appointed: 2023 Occupation: Gallerist And Arts Consultant, Other trusteeship: UP PROJECTS,

JOHN KENNETH BAKER Appointed: 2022 Occupation: Company Director

JULIE CHRISTINA SANDERS Appointed: 2020 Occupation: University Pro-Vice Chancellor

MATTHEW JONES Appointed: 2020 Occupation: Executive Principal

NELL LEYSHON Appointed: 2017 Occupation: Playwright And Novelist

RAMIA EL AGAMY Appointed: 2022

REINHARD GORENFLOS Appointed: 2022 Occupation: Investor

RICHARD RICK GILDEA Appointed: 2022 Occupation: Managing Director

ROBERT LAURENCE Appointed: 2019 Occupation: Chief Executive

RUTH ROWAN Appointed: 2022 Occupation: Cmo

SANDEEP DWESAR Appointed: 2022 Occupation: Chief Operating and Financial Officer of the Barbican Centre and Guildhall School of Music and Drama, Other trusteeships: MUSICIANS BENEVOLENT FUND, THE FRIENDS OF BAALE MANE GOPALAPURA,

A founder trustee, Sandeep is Chief Operating and Financial Officer of the Barbican Centre and Guildhall School of Music and Drama. He has held a variety of non-executive roles for many years and is involved in a number of corporate, creative and charitable organisations, including a trusteeship of the London Transport Museum, and the charity Help....more

Legal constitution

Charitable company registered in England & Wales on 14/02/1974, number: 266916
Registered at Companies House on 18/12/1973, number: 01152238

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

19 returns made; all on time

Main office

Shakespeare Globe Trust Ltd
21 New Globe Walk
London
SE1 9DT

Objectives

TO PROMOTE, MAINTAIN, IMPROVE AND ADVANCE EDUCATION BY ENCOURAGING AND STIMULATING PUBLIC APPRECIATION AND UNDERSTANDING OF THE DRAMATIC ART IN ALL ITS FORMS AND GENERALLY TO CULTIVATE AND IMPROVE PUBLIC TASTE IN SUCH ART AS A MEMORIAL TO WILLIAM SHAKESPEARE (SEE MEMORANDUM FOR FURTHER DETAILS).

Defined Area of Benefit:

NOT DEFINED

Data Sources