Finance Score: 0

Governance Score: 5

Support Score: 8

Liabilities <10%: +3
Fundraising costs high: -3

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

Grant maker support: +8

Overall GiG Score: 13

SIR JOHN SOANE'S MUSEUM

To preserve Nos 12, 13 & 14 Lincoln's Inn Fields and Sir John Soane's collections for present and future generations. To allow free public access to the Museum and collections. To provide education following Soane's intention to develop 'an Academy for the Study of Architecture'. To publicize the Museum's collections as widely as possible through events, exhibitions, catalogues and publications.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
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 gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

There are 13 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

Fundraising costs are extremely high relative to funds raised

Established: 61 years

www.soane.org

02074404244

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
31/03/23		£3,944	£3,475	£468	£986	£11,840	£4,014	13.9	71	104
31/03/22		£3,229	£2,827	£401	£818	£11,222	£3,563	15.1	66	90
31/03/21		£2,734	£2,705	£29	£724	£10,123	£3,176	14.1	68	48
31/03/20		£3,560	£3,247	£313	£924	£10,092	£3,244	12	74	85
31/03/19		£2,875	£3,121	£-246	£833	£9,780	£2,931	11.3	74	80
31/03/18		£2,498	£2,874	£-377	£789	£10,028	£2,977	12.4	47	0
31/03/17		£3,804	£3,593	£211	£902	£10,403	£2,943	9.8	44	0
31/03/16	*	£3,906	£2,490	£1,416	£758	£10,193	£2,942	14.2	42	0
31/03/15		£2,770	£2,371	£399	£784	£8,779	£2,989	15.1	43	0
31/03/14		£3,404	£2,216	£1,188	£597	£8,375	£3,081	16.7	44	0
31/03/13	*	£2,461	£2,372	£89	£650	£7,187	£3,078	15.6	44	0
31/03/12	*	£3,429	£2,061	£1,368	£481	£7,100	£3,110	18.1	42	0
31/03/11		£4,172	£2,137	£2,034	£634	£5,738	£3,118	17.5	38	0
31/03/10		£2,430	£1,975	£455	£337	£3,703	£3,195	19.4	31	0
31/03/09		£2,103	£1,827	£276	£170	£3,246	£3,004	19.7	27	0
31/03/08		£2,291	£1,755	£535	£218	£2,992	£2,959	20.2	25	0
31/03/07	*	£2,276	£1,326	£950	£149	£2,406	£2,372	21.5	23	0
31/03/06		£1,525	£1,513	£12	£0	£0	£0	n/a	0	0
31/03/05		£1,725	£1,667	£58	£0	£0	£0	n/a	0	0
31/03/04		£4,257	£3,507	£750	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 31.6%
Fundraising Costs/Total Spending: 28.4%
Senior Staff Costs/Total Spending: 14%
Highest pay band: £110,000-£120,000
Liabilities/Assets: 3%
Liabilities/Income: 9%
Unrestricted Funds/Total Funds: 34%
Reserves/Spending: 13.9 months
Net Current Assets/Spending: 6 months
Quick Ratio: 3.8

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science
Education/Training
Environment/Conservation/Heritage

How it operates

Other charitable activities
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Elderly/Old People
People Of A Particular Ethnic Or Racial Origin
People With Disabilities
The General Public/Mankind

Who works here?

71 employees
104 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

Wolfson Foundation	£150,000
Garfield Weston Foundation	£75,000
Rothschild Foundation	£5,000
The Linbury Trust	£4,750

Specific Donations

Amount	When Months	To be used for
The Linbury Trust - Energy efficiency - Soane's Museum
£4,750	13/12/2023	A one off grant towards costs for an energy audit.
Garfield Weston Foundation - Main Grants award
£75,000	16/07/2021	Sir John Soane’s Drawing Office: Restoration and Renewal
Rothschild Foundation - Grant to Sir John Soane's Museum
£5,000	02/07/2021	The Soane Handbook
Wolfson Foundation - Grant to Sir John Soane's Museum
£150,000	10/06/2021	Restoration of drawing office
Andrew Lloyd Webber Foundation - Grant to Sir John Soane's Museum
£10,000	24/01/2011	1829 Memorial Shakespeare Gallery

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)

Current Trustees appointed

Gender Split

Based on 12/13 persons

ALISON ROSS GREEN Appointed: 2019

AMICIA KATHRYN DE MOUBRAY Appointed: 2022

AMIN TAHA Appointed: 2022

ANDREW HAMISH FORSYTH Appointed: 2022, Other trusteeships: OXFORD LIEDER, THE MILA CHARITABLE ORGANISATION,

ANNE DESMET Appointed: 2021

BASIL POSTAN Appointed: 2014

DR FRANK EDWIN SALMON Appointed: 2020

JONATHAN ASHMORE Appointed: 2017

LORD JAMES SASSOON Appointed: 2022, Occupation: Company Director

LUCIE ANNABEL KITCHENER Appointed: 2022, Other trusteeship: THE SYNCONA FOUNDATION,

PROFESSOR KERENSA JENNINGS Appointed: 2022

PROFESSOR NICHOLA JOHNSON OBE SFA Appointed: 2014

VINCENT THOMAS KEAVENY Appointed: 2015, Other trusteeships: SOCIETY OF ST AUGUSTINE OF CANTERBURY, THE WOOLMEN'S COMPANY CHARITABLE INCORPORATED ORGANISATION, THE WORSHIPFUL COMPANY OF WOOLMEN SUSTAINABILITY START-UP & INNOVATION FUND LIMITED,

Legal constitution

Charity registered in England & Wales on 18/04/1963, number: 313609

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity 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
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Volunteer management

Filing Record

20 returns made; AR16: 2 days late, AR13: 4 days late, AR12: 19 days late, AR07: 6 days late,

Main office

SIR JOHN SOANES MUSEUM
13 LINCOLN'S INN FIELDS
LONDON
WC2A 3BP

Objectives

THE MAINTENANCE OF A MUSEUM, LIBRARY AND WORKS OF ART FOR THE BENEFIT OF THE PUBLIC.

Defined Area of Benefit:

NOT DEFINED.

Data Sources