Finance Score: -7

Governance Score: 2

Support Score: 8

Multiple Deficits: -2
Fundraising costs high: -5

12+ Trustees: -1
Dynamic board: +3

Grant maker support: +8

Overall GiG Score: 3

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:

Spending has increased over the last 3 years relative to the previous period
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

One or more trustees receive benefits from the charity
There are 21 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
Fundraising costs are extremely high relative to funds raised

Established: 62 years

www.rada.ac.uk

enquiries@rada.ac.uk

02079084893

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
31/07/22		£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	£0	£0	£0	n/a	0	0
31/03/05	*	£5,073	£5,524	£-451	£0	£0	£0	n/a	0	0
31/03/04	*	£5,614	£5,115	£499	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 78%
Fundraising Costs/Total Spending: 35.5%
Senior Staff Costs/Total Spending: 13%
Highest pay band: £200,000-£250,000
Liabilities/Assets: 20%
Liabilities/Income: 63%
Unrestricted Funds/Total Funds: 21%
Reserves/Spending: 5.8 months
Net Current Assets/Spending: 2 months
Quick Ratio: 0.5

Asset Split ?

Listed activities

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

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 works here?

182 employees

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

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 ....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 ....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 ....more 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 ....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 (21)

Current Trustees appointed

Gender Split

Based on 19/21 persons

Age Range of Trustees:

BARONESS JUDITH BLAKE Appointed: 2022, Occupation: Leader Of Leeds City Council, Other trusteeships: NORTHERN BALLET LIMITED, JOSEPH ASPDIN SKILLS TRUST,

CAROLINE SPICER Appointed: 2022, Occupation: Retired, Other trusteeship: THE RICHMOND UPON THAMES COUNCIL FOR VOLUNTARY SERVICE,

CHIPO CHUNG Appointed: 2020

DANIEL COLLINS Appointed: 2021

HELEN SELWOOD Appointed: 2022, Occupation: Accountant

JUDITH CHAN Appointed: 2023, Occupation: Senior Business Development Manager, Other trusteeship: NFTS FOUNDATION,

JOHN ROMEO Appointed: 2020

KATHERINE MORTON Appointed: 2022

LOLITA CHAKRABARTI OBE Appointed: 2019, Other trusteeships: ROYAL VICTORIA HALL FOUNDATION, RAMBERT TRUST LIMITED, BALLET RAMBERT LIMITED,

MARCUS RYDER (Chair) Appointed: 2021

MAXINE PEAKE Appointed: 2019

MICHELLE NICOLE SNYDER Appointed: 2021

MILLIE BOARDMAN Appointed: 2022

MIRANDA WAYLAND Appointed: 2022, Other trusteeship: ANNE FRANK TRUST UK,

NIAMH DOWLING Appointed: 2022, Other trusteeship: THE JEAN BENEDETTI CHARITABLE TRUST,

PROFESSOR JUDITH BUCHANAN Appointed: 2022, Occupation: Head(Master) Of St Peter'S College Oxford, Other trusteeship: THE ST PETER'S COLLEGE FOUNDATION,

RISHI MADLANI Appointed: 2015

SHONA SPENCE Appointed: 2022

TIM CLARK Appointed: 2020, Other trusteeship: The Royal Air Squadron Charity,

TAMAR ANN THOMAS Appointed: 2018

TANYA ROSE Appointed: 2020

Legal constitution

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

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management

Filing Record

19 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