Finance Score: -1

Governance Score: 9

Support Score: 0

Poor Liquidity: -1

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

No supporters identified

Overall GiG Score: 8

THE FRIENDS OF THE ROYAL ACADEMY

The objects of the Friends of the Royal Academy are:- to support the charitable work of the Royal Academy of Arts- to promote and to co-operate with the Academy and other charitable organisations in promoting the Arts and in particular the arts of design and the creation and appreciation of the arts

Analysis by Giving is Great

Positives:

There have been no income shortfalls in recent years
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

Over half the Board have joined recently

Financial issues to consider:

Liquidity appears to have been slender at the latest year end

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
31/08/22	£12,597	£12,597	£0	£0	£116	£116	0.1	15
31/08/21	£12,724	£12,724	£0	£0	£116	£116	0.1	15
31/08/20	£13,802	£13,802	£0	£0	£116	£116	0.1	18
31/08/19	£13,433	£13,433	£0	£0	£116	£116	0.1	14
31/08/18	£12,799	£12,799	£0	£0	£116	£116	0.1	9
31/08/17	£11,104	£11,104	£0	£0	£116	£116	0.1	0
31/08/16	£11,049	£11,049	£0	£0	£116	£116	0.1	9
31/08/15	£9,627	£9,627	£0	£12	£116	£116	0.1	0
31/08/14	£9,586	£9,586	£0	£11	£116	£116	0.1	12
31/08/13	£10,073	£10,073	£0	£12	£116	£116	0.1	12
31/08/12	£10,024	£10,024	£0	£10	£116	£116	0.1	13
31/08/11	£8,883	£8,883	£0	£12	£116	£116	0.2	13
31/08/10	£8,799	£8,799	£0	£12	£116	£116	0.2	13
31/08/09	£7,135	£7,135	£0	£10	£116	£116	0.2	14
31/08/08	£7,120	£7,120	£0	£5	£116	£116	0.2	14
31/08/07	£6,504	£6,504	£0	£0	£116	£116	0.2	14
31/08/06	£5,811	£5,811	£0	£0	£0	£0	n/a	0
31/08/05	£5,433	£5,433	£0	£0	£0	£0	n/a	0
31/08/04	£4,972	£4,972	£0	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 69%
Liabilities/Income: 2%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 0.1 months
Net Current Assets/Spending: 0 months
Quick Ratio: 0

Asset Split ?

Established: 47 years

www.royalacademy.org.uk

press.office@royalacademy.org.uk

02073008017

Charity Commission for England and Wales

Listed activities

Arts/Culture/Heritage/Science

GiG Classification

Performing and visual arts

How it operates

Other charitable activities
Provides other finance

Where it operates

Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies
The General Public/Mankind

Who works here?

15 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

Age Range of Trustees: 35-62

BEATRICE HELEN NADINE EL-HAGE Appointed: 2023, Occupation: Business Executive

ELLE TODD Appointed: 2023, Occupation: Lawyer

FIONA MAHON Appointed: 2023, Occupation: Brand Consultant

KATHERINE FIONA JONES RA Appointed: 2023

PHILIP REGINALD LONG Appointed: 2023, Occupation: Chief Executive

ANDREA JANE VOIELS O'KEEFFE Appointed: 2019, Occupation: Company Director

NIGEL ABBAS Appointed: 2018, Occupation: Barrister

SIOBHAN MORIARTY-MACDONNELL Appointed: 2018, Occupation: Solicitor

AXEL RUGER Appointed: 2019, Occupation: Secretary & Chief Executive, Other trusteeship: Royal Academy Trust,

Legal constitution

Charitable company registered in England & Wales on 10/03/1977, number: 272926
Registered at Companies House on 21/12/1976, number: 01291535

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

19 returns made; all on time

Main office

ROYAL ACADEMY OF ARTS
BURLINGTON HOUSE
PICCADILLY
LONDON
W1J 0BD

Objectives

(1) TO SUPPORT THE CHARITABLE WORK OF THE ROYAL ACADEMY OF ARTS. (2) TO PROMOTE AND TO CO-OPERATE WITH THE ACADEMY AND OTHER CHARITABLE ORGANISATIONS IN PROMOTING THE ARTS AND IN PARTICULAR THE ARTS OF DESIGN AND THE CREATION AND APPRECIATION OF THE ARTS.

Defined Area of Benefit:

NOT DEFINED

Data Sources