Finance Score: -8

Governance Score: 5

Support Score: 10

Volatile income & significant deficit in latest year: -5
Fundraising costs high: -3

No volunteer policy: -2
No conflicts policy: -1
12+ Trustees: -1
Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Grant maker support: +10

Overall GiG Score: 7

THEATRE DEVELOPMENT TRUST

The principal activity of the charity is to promote and advance the dramatic and other performing arts for the benefit of the public through supporting the work of various charitable foundations together with the provision of grants to people in the arts.

Analysis by Giving is Great

Positives:

There have been no material income shortfalls in recent years
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 gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

Although this charity works with volunteers it does not have a Volunteer Management policy
This charity does not have a Conflict of Interests policy
There are 17 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 recently and was significantly lower than spending in the latest year
Fundraising costs are extremely high relative to funds raised

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	Volun- teers
31/12/22	£1,490	£2,661	£-1,171	£279	£3,799	£2,923	13.2	15
31/12/21	£5,026	£3,950	£1,076	£223	£7,123	£5,475	16.6	11
31/12/20	£5,072	£5,019	£53	£0	£4,857	£4,592	11	9
31/12/19	£865	£576	£289	£0	£4,974	£4,684	97.6	0
31/12/18	£541	£543	£-2	£0	£3,323	£3,323	73.5	0
31/12/17	£507	£553	£-46	£0	£4,041	£4,041	87.8	0
31/12/16	£525	£689	£-164	£0	£3,311	£3,311	57.7	0
31/12/15	£497	£542	£-45	£0	£0	£0	n/a	0
31/12/14	£439	£523	£-83	£0	£0	£0	n/a	0
31/12/13	£440	£409	£30	£0	£0	£0	n/a	0
31/12/12	£370	£613	£-242	£0	£0	£0	n/a	0
31/12/11	£421	£490	£-70	£0	£0	£0	n/a	0
31/12/10	£375	£551	£-176	£0	£0	£0	n/a	0
31/12/09	£745	£690	£55	£19	£1,039	£1,039	18.1	0
31/12/08	£507	£467	£40	£13	£201	£201	5.2	0
31/12/07	£531	£500	£30	£0	£0	£0	n/a	0
31/12/06	£438	£345	£92	£0	£0	£0	n/a	0
31/12/05	£446	£362	£84	£0	£0	£0	n/a	0
31/12/04	£306	£149	£157	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 32.3%
Fundraising Costs/Total Spending: 12.9%
Highest pay band: Less than £60,000
Liabilities/Assets: 75%
Liabilities/Income: 770%
Unrestricted Funds/Total Funds: 77%
Reserves/Spending: 13.2 months
Net Current Assets/Spending: -49 months
Quick Ratio: 0.1

Asset Split ?

Established: 39 years

enquiries@soltukt.co.uk

02075576700

Charity Commission for England and Wales

Listed activities

Arts/Culture/Heritage/Science

GiG Classification

Performing and visual arts

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Sponsors or undertakes research

Where it operates

Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

The General Public/Mankind

Who works here?

Unknown number of employees
15 volunteers

Amount	When Months	To be used for
Backstage Trust - Project grant
£386,621	06/09/2022	Creative Workforce Pilot Programme
DCMS - Investment Funds
£650,000	06/01/2022	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 ....more 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 to help deliver this vision.
Andrew Lloyd Webber Foundation - Grant to Theatre Artists Fund
£5,875	31/12/2020	Phantom of the Opera match funding voucher scheme
Garfield Weston Foundation - Main Grants award - COVID19 response
£50,000	24/12/2020	Theatre Artists Fund
The Foyle Foundation - Arts
£100,000	24/11/2020	towards emergency funding for UK freelance theatre artists during the Covid-19 pandemic (awarded grant in response to coronavirus)
Andrew Lloyd Webber Foundation - Grant to Theatre Artists Fund
£50,000	07/07/2020	Theatre Artists Fund Coronavirus Fund
DCMS - Theatre Artists Fund Freelancer support
£1,000,000	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.
DCMS - Theatre Development Trust - Freelancers Fund, Christmas Closedown
£250,000	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.

Amount

When
Months

To be used for

Backstage Trust - Project grant

£386,621

06/09/2022

Creative Workforce Pilot Programme

DCMS - Investment Funds

£650,000

06/01/2022

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 ....more

Andrew Lloyd Webber Foundation - Grant to Theatre Artists Fund

£5,875

31/12/2020

Phantom of the Opera match funding voucher scheme

Garfield Weston Foundation - Main Grants award - COVID19 response

£50,000

24/12/2020

Theatre Artists Fund

The Foyle Foundation - Arts

£100,000

24/11/2020

towards emergency funding for UK freelance theatre artists during the Covid-19 pandemic (awarded grant in response to coronavirus)

Andrew Lloyd Webber Foundation - Grant to Theatre Artists Fund

£50,000

07/07/2020

Theatre Artists Fund Coronavirus Fund

DCMS	£1,900,000
Backstage Trust	£386,621
The Foyle Foundation	£100,000
Andrew Lloyd Webber Foundation	£55,875
Garfield Weston Foundation	£50,000

THEATRE DEVELOPMENT TRUST

Analysis by Giving is Great

Positives:

Regulatory & Governance issues to consider:

Financial issues to consider:

Financial Data ?

Income & Spending ?

Sources of Income ?

Financial Ratios

Asset Split ?

UN SDGs

Listed activities

GiG Classification

How it operates

Where it operates

Who it helps

Who works here?

Who's supporting them? ?

Donations from Grant Makers ?

Major supporters in last 5 years

Specific Donations

How is it governed?

Trustees (17)

Current Trustees appointed

Gender Split

Age Range of Trustees: 41-69

Legal constitution

Gift Aid

Policies in force

Filing Record

Main office

Objectives

Defined Area of Benefit:

Data Sources

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