Finance Score: 0
Governance Score: 5
Support Score: 6
  • Liabilities <10%: +3
  • Fundraising costs high: -3
  • 12+ Trustees: -1
  • Dynamic board: +3
  • Gender balanced board: +3
  • Overall weighted support: +6
Overall GiG Score: 11 ?

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
  • 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 14 trustees whereas the Charities Commission recommends a maximum of 12?
  • Over half the Board have joined recently

Financial issues to consider:

  • 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
31/03/23£3,944£3,475£468£986£11,840£4,01413.971104
31/03/22£3,229£2,827£401£818£11,222£3,56315.16690
31/03/21£2,734£2,705£29£724£10,123£3,17614.16848
31/03/20£3,560£3,247£313£924£10,092£3,244127485
31/03/19£2,875£3,121£-246£833£9,780£2,93111.37480
31/03/18£2,498£2,874£-377£789£10,028£2,97712.4470
31/03/17£3,804£3,593£211£902£10,403£2,9439.8440
31/03/16*£3,906£2,490£1,416£758£10,193£2,94214.2420
31/03/15£2,770£2,371£399£784£8,779£2,98915.1430
31/03/14£3,404£2,216£1,188£597£8,375£3,08116.7440
31/03/13*£2,461£2,372£89£650£7,187£3,07815.6440
31/03/12*£3,429£2,061£1,368£481£7,100£3,11018.1420
31/03/11£4,172£2,137£2,034£634£5,738£3,11817.5380
31/03/10£2,430£1,975£455£337£3,703£3,19519.4310
31/03/09£2,103£1,827£276£170£3,246£3,00419.7270
31/03/08£2,291£1,755£535£218£2,992£2,95920.2250
31/03/07*£2,276£1,326£950£149£2,406£2,37221.5230
31/03/06£1,525£1,513£12n/an/an/an/an/an/a
31/03/05£1,725£1,667£58n/an/an/an/an/an/a
31/03/04£4,257£3,507£750n/an/an/an/an/an/a

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 ?
Balance Sheet History
Established: 62 years

www.soane.org

admin@soane.org.uk

02074404244

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
  • Environment/Conservation/Heritage
GiG Classification
  • Museums, parks, historical sites
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 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
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 (14)
Current Trustees appointed
Gender Split
Based on 12/14 persons

  • ALISON ROSS GREEN Appointed: 2019
  • AMICIA KATHRYN DE MOUBRAY Appointed: 2022
  • AMIN TAHA Appointed: 2022
  • ANDREW HAMISH FORSYTH Appointed: 2022
  • ANNE DESMET Appointed: 2021
  • DR FRANK EDWIN SALMON Appointed: 2020
  • JOHN FREDERICK CLAPPIER Appointed: 2024
  • JONATHAN ASHMORE Appointed: 2017
  • LETIZIA TREVES Appointed: 2024
  • LORD JAMES SASSOON Appointed: 2022, Occupation: Company Director
  • LUCIE ANNABEL KITCHENER Appointed: 2022
  • PROFESSOR KERENSA JENNINGS Appointed: 2022
  • VINCENT THOMAS KEAVENY Appointed: 2015
  • ZOE NICOLE WHITLEY RICHMOND Appointed: 2024
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

Charity Commission for England and Wales
360 Giving

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