Finance Score: -9

Governance Score: 8

Support Score: 3

Excess reserves: -2
Multiple Deficits: -2
Fundraising costs high: -5

12+ Trustees: -1
Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Grant maker support: +3

Overall GiG Score: 2

THE DESIGN MUSEUM

The principal activity of The Design Museum is to operate charitable and educational activities located at the Museum in London and the trading activities of the subsidiary, Design Museum Enterprises Limited.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

There are 15 trustees whereas the Charities Commission recommends a maximum of 12
Over half the Board have joined recently

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £29,492,762 available, equivalent to 30 months of spending and so may not be able to utilise additional funding
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	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£8,905	£11,806	£-2,902	£3,792	£30,064	£29,493	30	166	88
31/03/22		£8,233	£11,538	£-3,304	£3,863	£32,966	£32,315	33.6	139	0
31/03/21		£10,064	£8,475	£1,589	£2,705	£36,270	£35,776	50.7	132	0
31/03/20	*	£13,205	£11,779	£1,426	£3,871	£34,681	£34,348	35	146	95
31/03/19		£8,737	£10,763	£-2,026	£3,680	£33,255	£32,910	36.7	140	84
31/03/18		£10,413	£11,767	£-1,353	£3,808	£35,282	£34,797	35.5	140	0
31/03/17		£12,940	£9,306	£3,633	£2,127	£36,635	£35,273	45.5	101	0
31/03/16		£13,848	£6,876	£6,971	£1,360	£33,002	£739	1.3	81	0
31/03/15		£8,016	£6,699	£1,317	£1,953	£26,077	£726	1.3	76	0
31/03/14		£24,973	£6,581	£18,392	£1,844	£24,760	£738	1.3	68	0
31/03/13		£10,186	£6,411	£3,775	£1,974	£6,368	£592	1.1	66	0
31/03/12		£6,991	£5,868	£1,123	£1,678	£2,496	£531	1.1	59	0
31/03/11		£5,209	£4,723	£485	£1,761	£1,372	£536	1.4	52	0
31/03/10		£4,652	£4,553	£98	£1,467	£886	£409	1.1	60	0
31/03/09		£4,578	£4,554	£24	£1,549	£788	£456	1.2	48	0
31/03/08		£3,887	£4,070	£-184	£1,289	£764	£312	0.9	44	0
31/03/07		£2,759	£2,457	£302	£351	£999	£447	2.2	31	0
31/03/06		£2,493	£2,138	£355	£0	£0	£0	n/a	0	0
31/03/05		£2,093	£2,061	£32	£0	£0	£0	n/a	0	0
31/03/04		£2,093	£2,061	£32	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 70.7%
Fundraising Costs/Total Spending: 32.1%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 25%
Liabilities/Income: 113%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 30 months
Net Current Assets/Spending: 3 months
Quick Ratio: 0.7

Asset Split ?

Established: 35 years

designmuseum.org

Siobhan.tighe@designmuseum.org

(0)20 3862 5920

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training

GiG Classification

Museums, parks, historical sites

How it operates

Makes Grants to Individuals
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services

Where it operates

Throughout England,

Who it helps

Children/Young People
Elderly/Old People
People With Disabilities
The General Public/Mankind

Who works here?

166 employees
88 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.

Specific Donations

Amount	When Months	To be used for
DCMS - Design Museum NPO - 2018-2022
£173,128	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 - the Design Museum CRF Application
£2,968,634	01/04/2020	To support Arts and Culture throughout England
Department for Business, Energy and Industrial Strategy - ALB - UKRI - Engaging audiences through immersive technology at the Design Museum.
£4,376	01/04/2018	Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projectsref=104848
DCMS - Design Museum NPO - 2018-2022
£170,000	01/04/2018	Design Museum NPO - 2018-2022
DCMS - Design Museum NPO - 2018-2022
£42,500	01/04/2018	To support Design Museum NPO - 2018-2022

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (15)

Current Trustees appointed

Gender Split

Based on 14/15 persons

Age Range of Trustees: 40-85

CARL THOMAS ANDERSON Appointed: 2022, Occupation: Non-Executive Director

DAHLIA DANA Appointed: 2022, Occupation: Financial Services

DAVINA ANNE LORE VON MALLINCKRODT Appointed: 2017

DOMINIC JAMES FIELD Appointed: 2021, Occupation: Director

EVA MAGDALENA JIRICNA Appointed: 2022, Occupation: Architect

JENNA CAROLINE LITTLER Appointed: 2023, Occupation: Independent Advisor

JONATHAN DAVID ZENIOS Appointed: 2023, Occupation: Company Founder And Executive

MICHELLE OGUNDEHIN Appointed: 2021, Occupation: Director

PHILIP JOHN WATKINS Appointed: 2014

STUART RODEN (Chair) Appointed: 2023, Occupation: Philanthropist And Investor

SUHAIR FARIHA KHAN Appointed: 2022, Occupation: Technology Entrepreneur, Other trusteeships: SADLER'S WELLS DEVELOPMENT TRUST, SADLER'S WELLS TRUST LIMITED, OPEN ENDED,

SUSAN ARLEEN BOSTER Appointed: 2022, Occupation: Founder And Ceo, Boster Group

ASIF KHAN Appointed: 2015, Occupation: Architect

NICHOLAS JAMES DOUGLAS BULL Appointed: 2012, Occupation: Company Director, Other trusteeship: THE CONRAN FOUNDATION,

SEBASTIAN ORBY CONRAN Appointed: 2008, Occupation: Designer, Other trusteeship: THE CONRAN FOUNDATION,

Legal constitution

Charitable company registered in England & Wales on 10/01/1989, number: 800630
Registered at Companies House on 05/12/1988, number: 02325092

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
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
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; AR20: 23 days late,

Main office

224 - 238 Kensington High Street
London
W8 6AG

Objectives

TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE STUDY OF ALL FORMS OF DESIGN AND ARCHITECTURE IN THE HISTORICAL, SOCIAL, ARTISTIC, INDUSTRIAL AND COMMERCIAL CONTEXTS BY THE ESTABLISHMENT AND MAINTENANCE OF A MUSEUM OF DESIGN AND ARCHITECTURE.

Defined Area of Benefit:

NOT DEFINED

Data Sources