Finance Score: -5

Governance Score: 5

Support Score: 8

Positive trading contribution: +2;Multiple Deficits: -2
Fundraising costs high: -5

12+ Trustees: -1
Dynamic board: +3
Gender balanced board: +3

Overall weighted support: +8

Overall GiG Score: 8

THE ROYAL ACADEMY OF DRAMATIC ART

To promote and operate an academy of dramatic art. To advance the art of drama by means of giving instruction in and promoting the study, practice and knowledge of dramatic literature. To promote and supervise such instruction most condusive to the cultivation and dissemination of the art of drama in the United Kingdom and English speaking world.

Analysis by Giving is Great

Positives:

More than half of total income was derived from trading and fees in the latest year
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 gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

Why are there 18 trustees whereas the Charities Commission recommends a maximum of 12?
Over half the Board have joined recently

Financial issues to consider:

On several occasions in recent years income has been less than spending
Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/07/23		£15,306	£16,119	£-813	£6,410	£33,810	£7,026	5.2	193	0
31/07/22		£13,676	£14,727	£-1,051	£5,218	£34,628	£7,171	5.8	182	0
31/07/21		£8,962	£13,029	£-4,067	£3,291	£35,227	£8,143	7.5	176	0
31/07/20		£11,405	£15,658	£-4,253	£4,218	£37,359	£10,760	8.2	167	0
31/07/19	*	£14,152	£13,892	£260	£4,856	£40,795	£14,304	12.4	163	7
31/07/18		£12,781	£12,514	£267	£4,080	£40,826	£15,479	14.8	167	0
31/07/17		£11,148	£10,875	£273	£3,543	£39,809	£14,962	16.5	157	0
31/07/16		£9,620	£9,532	£88	£2,576	£38,296	£13,548	17.1	152	0
31/07/15		£9,381	£8,857	£524	£379	£38,076	£13,661	18.5	99	0
31/07/14		£8,697	£8,472	£225	£338	£37,471	£12,675	18	96	0
31/07/13		£7,910	£7,740	£170	£299	£37,212	£11,709	18.2	94	0
31/07/12		£7,574	£6,965	£609	£545	£35,746	£10,450	18	78	0
31/07/11		£6,865	£6,491	£374	£264	£36,276	£10,646	19.7	76	0
31/07/10		£12,695	£6,486	£6,209	£230	£35,084	£9,193	17	79	0
31/07/09?		£10,316	£9,909	£407	£638	£28,582	£2,199	2.7	75	0
31/03/08		£7,318	£7,038	£279	£1,267	£28,994	£1,828	3.1	64	0
31/03/07		£5,745	£6,129	£-384	£971	£28,511	£1,410	2.8	64	0
31/03/06	*	£5,395	£5,785	£-390	n/a	n/a	n/a	n/a	n/a	n/a
31/03/05	*	£5,073	£5,524	£-451	n/a	n/a	n/a	n/a	n/a	n/a
31/03/04	*	£5,614	£5,115	£499	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 127.7%
Fundraising Costs/Total Spending: 40.2%
Senior Staff Costs/Total Spending: 11%
Highest pay band: £200,000-£250,000
Liabilities/Assets: 20%
Liabilities/Income: 55%
Unrestricted Funds/Total Funds: 21%
Reserves/Spending: 5.2 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.2

Asset Split ?

Balance Sheet History

Established: 62 years

www.rada.ac.uk

enquiries@rada.ac.uk

02079084893

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Economic/Community Development/Employment
Education/Training

GiG Classification

Performing and visual arts

How it operates

Makes grants to individuals
Provides buildings/facilities/open space
Provides services

Where it operates

Camden,

Who it helps

Children/Young People
The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

The Clothworkers Foundation	£225,000
CHK Foundation	£35,000
The Childhood Trust	£28,537
The Rayne Foundation	£19,000

Specific Donations

Amount	When Months	To be used for
CHK Foundation - CHK Discretionary Grant
£30,000	21/02/2022	to support specified work
The Rayne Foundation - Grant to Royal Academy of Dramatic Art
£19,000	08/03/2021	Towards the Scholarship Fund
CHK Foundation - CHK Discretionary Grant
£5,000	09/12/2020	to support specified work
The Childhood Trust - Pathways to dramatic arts education
£15,302	08/12/2020	RADA provides vital learning opportunities for disadvantaged young people in London who are interested in pursuing a career in the dramatic arts (acting and technical theatre). We encourage engagement from young people living in poverty and people ....more RADA provides vital learning opportunities for disadvantaged young people in London who are interested in pursuing a career in the dramatic arts (acting and technical theatre). We encourage engagement from young people living in poverty and people from BAME backgrounds.
The Clothworkers Foundation - Grant to Royal Academy of Dramatic Art
£225,000	31/03/2020	To award one bursary a year for the next five years to a talented undergraduate students from economically disadvantaged backgrounds
The Childhood Trust - Pathways to Dramatic Arts Education
£13,235	10/12/2019	RADA provides vital learning opportunities for disadvantaged young people in London who are interested in pursuing a career in the dramatic arts (acting and technical theatre). We encourage engagement from young people living in poverty and people ....more RADA provides vital learning opportunities for disadvantaged young people in London who are interested in pursuing a career in the dramatic arts (acting and technical theatre). We encourage engagement from young people living in poverty and people from BAME backgrounds.
The Childhood Trust - Christmas Challenge 2017
£12,500	05/12/2017	To provide access workshops and courses for targeted young people interested in pursuing a career in the dramatic arts (acting and technical theatre). We encourage engagement from young people living in poverty and people from BAME backgrounds.
The Rayne Foundation - Grant to Royal Academy of Dramatic Art
£50,000	08/06/2017 60	Towards the Scholarship Fund
The Childhood Trust - Christmas Challenge 2016
£22,500	02/12/2016	We want our world-leading training to be available to talented young people across the UK, especially those under-represented in the arts and higher education (HE). This includes people from BAME backgrounds, people with physical and sensory ....more We want our world-leading training to be available to talented young people across the UK, especially those under-represented in the arts and higher education (HE). This includes people from BAME backgrounds, people with physical and sensory impairments and people living beyond South East England.
Andrew Lloyd Webber Foundation - Grant to Royal Academy of Dramatic Art (RADA)
£24,300	22/07/2015	The RADA Youth Company
Andrew Lloyd Webber Foundation - Grant to Royal Academy of Dramatic Art (RADA)
£19,800	04/07/2011	RADA Saturday Youth Theatre Programme

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (18)

Current Trustees appointed

Gender Split

Based on 17/18 persons

Age Range of Trustees:

CAROLINE SPICER Appointed: 2022, Occupation: Retired

HELEN SELWOOD Appointed: 2022, Occupation: Accountant

JUDITH CHAN Appointed: 2023, Occupation: Senior Business Development Manager

JOHN ROMEO Appointed: 2020

LOLITA CHAKRABARTI OBE Appointed: 2019

MARCUS RYDER (Chair) Appointed: 2021

MATTHEW JAMES LEVENTHALL Appointed: 2024

MAXINE PEAKE Appointed: 2019

MICHAEL SIMKINS Appointed: 2024

MIRANDA WAYLAND Appointed: 2022

NIAMH DOWLING Appointed: 2022

PROFESSOR JUDITH BUCHANAN Appointed: 2022, Occupation: Head(Master) Of St Peter'S College Oxford

RISHI MADLANI Appointed: 2015

REBECCA MARY SNELL Appointed: 2024

RICHARD MIDDLETON Appointed: 2023

SHONA SPENCE Appointed: 2022

TANYA ROSE Appointed: 2020

THOMAS WALKER CARSWELL Appointed: 2024

Legal constitution

Charity registered in England & Wales on 30/10/1962, number: 312819

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment 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
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee expenses policy and procedures

Filing Record

20 returns made; AR19: 1 days late, AR06: 2 days late, AR05: 1 days late, AR04: 73 days late,

Recent reorganisation events:

Asset transfer in from THE CARNE TRUST on 04/05/2023

Main office

ROYAL ACADEMY OF DRAMATIC ART
62-64 GOWER STREET
LONDON
WC1E 6ED

Objectives

TO PROMOTE AND CARRY ON A SCHOOL OR ACADEMY OF DRAMATIC ART. TO ADVANCE THE ART OF THE DRAMA BY MEANS OF GIVING INSTRUCTION IN AND PROMOTING THE STUDY, PRACTICE AND KNOWLEDGE OF DRAMATIC LITERATURE AND ACTING IN ALL OR ANY OF ITS BRANCHES EXCLUSIVELY. TO PROMOTE AND SUPERVISE SUCH INSTRUCTION AS MAY BE THOUGHT MOST CONDUCIVE TO THE CULTIVATION AND DISSEMINATION OF THE ART OF THE DRAMA IN THE UNITED KINGDOM AND THE BRITISH DOMINIONS.

Defined Area of Benefit:

NOT DEFINED

Data Sources

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