Finance Score: -5

Governance Score: 9

Support Score: 11

Poor Liquidity: -1
Strong growth: +2
Multiple Deficits: -2
Fundraising costs high: -4

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Grant maker support: +11

Overall GiG Score: 15

IRONBRIDGE GORGE MUSEUM TRUST LIMITED

The principal activities of the Trust are the preservation of historic properties and the development and management, as an educational charity, of Museums relating to the industrial, social and economic history of the Ironbridge Gorge World Heritage Site and related areas, with particular reference to the Industrial Revolution.

Analysis by Giving is Great

Positives:

There has been strong growth in spending over the last 5 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:

Over half the Board have joined recently

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
On several occasions in recent years income has been less than spending
Fundraising costs are extremely high relative to funds raised

Established: 56 years

www.ironbridge.org.uk

information@ironbridge.org.uk

01952435900

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
31/12/22	£10,136	£13,503	£-3,367	£1,878	£41,750	£1,802	1.6	226	185
31/12/21	£8,936	£7,723	£1,213	£1,766	£41,115	£2,547	4	187	334
31/12/20	£7,264	£6,455	£808	£1,206	£39,228	£1,085	2	213	315
31/12/19	£5,819	£6,553	£-734	£1,241	£38,723	£649	1.2	205	400
31/12/18	£5,945	£6,369	£-424	£1,116	£39,236	£933	1.8	200	400
31/12/17	£6,890	£6,430	£460	£1,393	£39,849	£1,454	2.7	213	0
31/12/16	£6,295	£6,550	£-255	£1,440	£39,106	£1,295	2.4	227	0
31/12/15	£5,701	£5,784	£-83	£1,339	£39,580	£1,865	3.9	200	0
31/12/14	£5,621	£6,073	£-451	£1,490	£39,430	£1,707	3.4	206	0
31/12/13	£6,084	£5,930	£154	£1,515	£40,169	£2,137	4.3	206	0
31/12/12	£5,570	£5,806	£-235	£1,557	£39,686	£1,784	3.7	209	0
31/12/11	£6,212	£5,784	£428	£1,599	£40,227	£2,200	4.6	182	0
31/12/10	£8,570	£5,828	£2,742	£1,523	£40,019	£2,101	4.3	178	0
31/12/09	£6,815	£4,939	£1,876	£1,372	£36,809	£763	1.9	191	0
31/12/08	£14,859	£5,405	£9,455	£1,333	£35,111	£392	0.9	189	0
31/12/07	£7,305	£5,078	£2,227	£1,395	£25,803	£485	1.1	206	0
31/12/06	£3,781	£4,001	£-220	£0	£0	£0	n/a	0	0
31/12/05	£3,813	£3,786	£27	£0	£0	£0	n/a	0	0
31/12/04	£4,969	£3,189	£1,781	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 44.3%
Fundraising Costs/Total Spending: 13.9%
Senior Staff Costs/Total Spending: 1%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 7%
Liabilities/Income: 31%
Unrestricted Funds/Total Funds: 4%
Reserves/Spending: 1.6 months
Net Current Assets/Spending: -2 months
Quick Ratio: 0

Asset Split ?

Listed activities

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

How it operates

Provides buildings/facilities/open space
Provides human resources

Where it operates

Shropshire, Telford & Wrekin,

Who it helps

The General Public/Mankind

Who works here?

226 employees
185 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

DCMS	£9,762,569
National Lottery Heritage Fund	£700,000
The Pilgrim Trust	£20,000

Specific Donations

Amount	When Months	To be used for
The Pilgrim Trust - Grant to The Ironbridge Gorge Museum Trust Ltd. (IGMT)
£20,000	05/12/2023	Conserving and digitalising the Coalbrookdale Company Collection
National Lottery Heritage Fund - Grant to Ironbridge Gorge Museum Trust Limited
£250,000	27/04/2023	IGMT Building Resilience
DCMS - Investment funds
£20,000	07/02/2023	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.
National Lottery Heritage Fund - Grant to Ironbridge Gorge Museum Trust Limited
£250,000	16/12/2022	Maintaining Ironbridge
DCMS - ALB-Historic England-Industrial Heritage Support Officer (IHSO)
£32,649	14/03/2022	Managed by the Ironbridge Gorge Museum Trust (IGMT), since the projects inception in 2012, the Industrial Heritage Support Officer (IHSO) aims to deliver England-wide support to improve the capacity, ....more Managed by the Ironbridge Gorge Museum Trust (IGMT), since the projects inception in 2012, the Industrial Heritage Support Officer (IHSO) aims to deliver England-wide support to improve the capacity, sustainability and conservation standards of preserved industrial sites with public access. The application seeks to build on IHSO achievements over the initial 2012-16 period. This includes completing geographical coverage, consolidating national partnership and funding development work, and delivering direct support for small industrial heritage bodies.
DCMS - Museum Estate and Development fund
£1,064,348	09/02/2022	This is an open-access capital fund targeted at non-national Accredited museums and local authorities based in England to apply for funding to undertake vital infrastructure and urgent maintenance ....more This is an open-access capital fund targeted at non-national Accredited museums and local authorities based in England to apply for funding to undertake vital infrastructure and urgent maintenance backlogs which are beyond the scope of day-to-day maintenance budgets.
DCMS - CAF Ironbridge Gorge Museum Trust Conserving the Historic Estate
£4,500,000	01/02/2022	The two elements of the project are:1. Carry out urgent conservation and maintenance backlog work to 35 scheduled monuments and listed buildings; and numerous other heritage buildings (heritage ....more The two elements of the project are:1. Carry out urgent conservation and maintenance backlog work to 35 scheduled monuments and listed buildings; and numerous other heritage buildings (heritage assets) in the care of the Ironbridge Gorge Museum Trust (Trust or IGMT) situated within the UNESCO Ironbridge Gorge World Heritage site.2. To provide an endowment to fund future conservation and ongoing maintenance for this portfolio of internationally recognised heritage assets.NHMF funding would be used to pay for the two elements of the project, which will reduce risk, prevent further deterioration and safeguard some of the UKs most significant Listed Buildings, Scheduled Monuments and consequently Designated Collections. The project will ensure that the social history behind the historic buildings and monuments is preserved for local communities and future generations.
DCMS - Ironbridge Gorge Trust - Museum of the Gorge
£29,025	01/04/2021	Investigate repairs to roof and carry out minor flood damage reapairs
DCMS - ALB-HISTORIC ENGLAND - Ironbridge Gorge Trust - Museum of the Gorge
£29,025	01/04/2020	Investigate repairs to roof and carry out minor flood damage repairs
DCMS - Ironbridge Gorge Museum Trust
£749,709	01/04/2020	We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that by 2030 we want England to be a country in which the creativity of each of ....more We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that 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. We invest public money from Government and The National Lottery to help support the sector and to deliver this vision.
DCMS - West Midlands Museum Development
£313,255	01/04/2020	We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that by 2030 we want England to be a country in which the creativity of each of ....more We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that 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. We invest public money from Government and The National Lottery to help support the sector and to deliver this vision.
DCMS - ALB-Historic England-Industrial Heritage Support Officer (IHSO)
£24,558	01/04/2020	Managed by the Ironbridge Gorge Museum Trust (IGMT), since the projects inception in 2012, the Industrial Heritage Support Officer (IHSO) aims to deliver England-wide support to improve the capacity, ....more Managed by the Ironbridge Gorge Museum Trust (IGMT), since the projects inception in 2012, the Industrial Heritage Support Officer (IHSO) aims to deliver England-wide support to improve the capacity, sustainability and conservation standards of preserved industrial sites with public access. The application seeks to build on IHSO achievements over the initial 2012-16 period. This includes completing geographical coverage, consolidating national partnership and funding development work, and delivering direct support for small industrial heritage bodies.
DCMS - Turnaround Ironbridge
£1,860,000	01/04/2020	To support Arts and Culture throughout England
DCMS - Turnaround Ironbridge - #2
£1,140,000	01/04/2020	To support Arts and Culture throughout England
National Lottery Heritage Fund - Grant to The Ironbridge Gorge Museum Trust Limited
£100,000	24/03/2020	Recovering from Ironbridge Flooding
National Lottery Heritage Fund - Grant to The Ironbridge Gorge Museum Trust Limited
£100,000	22/11/2019	Reinvigorating Ironbridge Gorge Museums
DCMS - West Midlands Museum Development
£307,595	01/04/2019	£1.6bn invested in the key arts and culture infrastrucure organisations in England for a 4 year period
DCMS - Ironbridge Gorge Museum Trust
£736,164	01/04/2019	£1.6bn invested in the key arts and culture infrastrucure organisations in England for a 4 year period
ARTS COUNCIL ENGLAND - NPO 2018-22: Band SSO
£307,595	01/04/2018 11	National portfolio organisation- are leaders in their areas, with a collective responsibility to protect and develop our national arts and cultural ecology.
ARTS COUNCIL ENGLAND - NPO 2018-22: Band 2
£736,164	01/04/2018 11	National portfolio organisation- are leaders in their areas, with a collective responsibility to protect and develop our national arts and cultural ecology.
DCMS - Ironbridge Gorge Museum Trust
£736,164	01/04/2018	Ironbridge Gorge Museum Trust
DCMS - ALB-HistoricEngland-Industrial Heritage Support Officer (IHSO)
£55,175	01/04/2018	Managed by the Ironbridge Gorge Museum Trust (IGMT), since the projects inception in 2012, the Industrial Heritage Support Officer (IHSO) aims to deliver England-wide support to improve the capacity, ....more Managed by the Ironbridge Gorge Museum Trust (IGMT), since the projects inception in 2012, the Industrial Heritage Support Officer (IHSO) aims to deliver England-wide support to improve the capacity, sustainability and conservation standards of preserved industrial sites with public access. The application seeks to build on IHSO achievements over the initial 2012-16 period. This includes completing geographical coverage, consolidating national partnership and funding development work, and delivering direct support for small industrial heritage bodies.
DCMS - Ironbridge Gorge Museum Trust
£184,041	01/04/2018	To support Ironbridge Gorge Museum Trust
DCMS - West Midlands Museum Development
£76,899	01/04/2018	To support West Midlands Museum Development
DCMS - West Midlands Museum Development
£307,595	01/04/2018	West Midlands Museum Development
ARTS COUNCIL ENGLAND - Major Partner Museums
£736,164	01/04/2017 11	Major Partner Museums- building the resilience of museums
DCMS - National Capacity Building Grants
£32,558	21/03/2017	To develop a national strategy to improve the sustainability and conservation standards of preserved industrial sites with public access. To improve the capacity amongst owners and managers in ....more To develop a national strategy to improve the sustainability and conservation standards of preserved industrial sites with public access. To improve the capacity amongst owners and managers in securing the long-term future of these sites. To create a network of relevant stakeholders and support mechanisms that is sustainable beyond the life of the project. To address thematic and geographic gaps in the coverage of the project to date. To develop and pursue new partnerships to maintain an industrial heritage support project in England beyond March 2020, with potential for a UK wide involvement to achieve this. To disseminate the best practice learned through the project, including exploring links with other UK-wide heritage bodies.
National Lottery Heritage Fund - Grant to The Ironbridge Gorge Museum Trust Limited
£1,050,000	20/03/2017	Conserving the Coalbrookdale Landscape

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)

Current Trustees appointed

Gender Split

Based on 10/11 persons

Age Range of Trustees: 41-71

BETH HELEN FOSTER Appointed: 2023, Occupation: Diversity, Equity & Inclusion Lead

CHRISTOPHER BROOK WALKER Appointed: 2022, Occupation: Accountant

CHRISTOPHER MARK PEMBERTON Appointed: 2022, Occupation: Trustee, Other trusteeships: NMRN OPERATIONS, ST BARTHOLOMEW'S HERITAGE,

DAVID ANTHONY BRAMMER Appointed: 2022, Occupation: Trustee

DR ELIZABETH NICHOLSON Appointed: 2022, Occupation: Retired

ELEANOR CATHERINE APPLEBY Appointed: 2022, Occupation: Head Of Visitor Communications

HOWARD TREVOR THORNE Appointed: 2022, Occupation: Company Director, Other trusteeships: THE LINTEL TRUST, SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION,

JENNIFER ANNE FRANCIS Appointed: 2022, Occupation: Museum Marketing And Brand Director

KAREN MACKENZIE Appointed: 2022, Occupation: Chartered Accountant, Other trusteeship: Talk ED,

MICHAEL PETER KIRK Appointed: 2022, Occupation: Company Director

RUPERT KENYON-SLANEY Appointed: 2022, Occupation: Business Owner, Other trusteeship: FRIENDS OF ST ANDREWS CHURCH RYTON AND GRINDLE,

Legal constitution

Charitable company registered in England & Wales on 15/01/1968, number: 503717
Registered at Companies House on 18/10/1967, number: 00918560

Gift Aid

Registered with HMRC for Gift Aid

Event History

16/11/2012 - Asset transfer in from THE IRONBRIDGE GORGE MUSEUM DEVELOPMENT TRUST
08/02/2014 - Asset transfer in from THE SPRY TRUST LIMITED
15/06/2023 - Asset transfer in from THE IRONBRIDGE HERITAGE FOUNDATION LIMITED
Linked charity: THE IRONBRIDGE HERITAGE FOUNDATION ENDOWMENT

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

19 returns made; all on time

Recent reorganisation events:

Asset transfer in from THE IRONBRIDGE HERITAGE FOUNDATION LIMITED on 15/06/2023

Main office

IRONBRIDGE GORGE MUSEUM TRUST
COACH ROAD
COALBROOKDALE
TELFORD
TF8 7DQ

Objectives

TO SECURE THE PRESERVATION, RESTORATION, IMPROVEMENT, ENHANCEMENT AND MAINTENANCE OF FEATURES AND OBJECTS OF HISTORICAL AND INDUSTRIAL INTEREST INCLUDING THE PROVISION OF AN INDUSTRIAL MUSEUM AND THE ORGANISATION OF MEETINGS EXHIBITIONS LECTURES PUBLICATIONS AND OTHER FORMS OF INSTRUCTION RELEVANT TO HISTORICAL AND INDUSTRIAL DEVELOPMENT (FOR FURTHER DETAILS SEE CLAUSE 3 OF MEMORANDUM AND ARTICLES OF ASSOCIATION).

Defined Area of Benefit:

TELFORD NEW TOWN AND THE SURROUNDING DISTRICTS OF E SHROPSHIRE

Data Sources