Overall GiG Score: 12 ?
Finance Score: 6
Governance Score: -4
Support Score: 10
  • Good reserves management: +3
  • Fundraising costs low: +3
  • Only 3 Trustees: -2
  • Narrow trustee age band: -2
  • Grant maker support: +10

DRAKE MUSIC 

Drake Music breaks down disabling barriers to music through innovative approaches to learning, teaching and making music. Our focus is on nurturing creativity through exploring music and technology in imaginative ways. We put quality music-making at the heart of everything we do, connecting disabled and non-disabled people locally, nationally and internationally.
Analysis by Giving is Great

Positives:

  • Reserves management has been consistently within official guidelines
  • There have been no material income shortfalls in recent years
  • Fundraising costs are unusually low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including a Community Foundation

Regulatory & Governance issues to consider:

  • There are only 3 trustees
  • The Board has little diversity in terms of age
Established: 30 years

www.drakemusic.org

info@drakemusic.org

02077395444

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?

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£717£650£68£19£524£3125.870
31/03/22£715£744£-30£26£456£3355.480
31/03/21£720£572£149£34£486£2605.4120
31/03/20£702£617£85£61£337£1703.390
31/03/19£599£593£6£70£252£1713.570
31/03/18£675£606£69£69£247£1723.460
31/03/17£605£539£66£34£178£1152.540
31/03/16£521£526£-4£60£112£410.950
31/03/15£509£511£-1£129£116£2040
31/03/14£460£490£-30£0£0£0n/a00
31/03/13£431£425£6£0£0£0n/a00
31/03/12£356£325£31£0£0£0n/a00
31/03/11£374£319£55£0£0£0n/a00
31/03/10£348£332£15£0£0£0n/a00
31/03/09*£396£420£-24£0£0£0n/a00
31/03/08£322£440£-118£0£0£0n/a00
31/03/07*£442£448£-7£0£0£0n/a00
31/03/06?*£768£704£64£0£0£0n/a00
31/10/04*£648£503£145£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 2.6%
Fundraising Costs/Total Spending: 2.9%
Senior Staff Costs/Total Spending: 12%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 5%
Liabilities/Income: 4%
Unrestricted Funds/Total Funds: 60%
Reserves/Spending: 5.8 months
Net Current Assets/Spending: 10 months
Quick Ratio: 16.3
Asset Split ?
What it does
  • Arts/Culture/Heritage/Science
  • Disability
  • Education/Training
  • General Charitable Purposes
Who works here?
  • 7 employees
Who it helps
  • Children/Young People
  • Elderly/Old People
  • People With Disabilities
  • The General Public/Mankind
How it operates
  • Other charitable activities
  • Provides advocacy/advice/information
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Throughout England And Wales,

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£349,896
Youth Music£199,500
Esmee Fairbairn£166,327
City Bridge Trust£108,000
Garfield Weston Foundation£45,000
Masonic Trust£38,800
The Foyle Foundation£30,000
The Clothworkers Foundation£25,000
Specific Donations
Amount When
Months
To be used for
Esmee Fairbairn - Grant to Drake Music
£4,620 20/02/2023
Towards unrestricted core costs as a Cost of Living Uplift
National Lottery Community Fund - DMLab North West
£9,832 27/01/2023
The funding will be used to deliver music making sessions for people living with disabilities. The project aims to improve their health and wellbeing and build community relationships.
City Bridge Trust - Grant to Drake Music
£108,000 17/11/2022
36
£108,000 over three years (£36,000; £36,000; £36,000) towards DMLabs and the associated running costs.
Youth Music - Future Leaders: building an inclusive workforce
£199,500 14/10/2022
Future Leaders: building an inclusive workforce
The Foyle Foundation - Arts
£15,000 20/09/2022
towards DM Collective, an artist development programme supporting professional development and enhancing progression routes for emerging, mid-career and experienced Disabled musicians
Garfield Weston Foundation - Main Grants award
£30,000 11/03/2022
Drake Music 2022-23
London Catalyst - Drake Music - 1
£4,000 16/11/2021
DMLab London
Fenton Arts Trust - Grant to Drake Music
£3,600 01/07/2021
An accessible, tailored programme of commissioning, mentoring and training for three early career Disabled musicians from across England.
Masonic Trust - MCF Large Grant
£38,800 24/02/2021
A great to support disabled children through specialist music sessions to improve communication, motor skills, coordination and focus.
DCMS - Coronavirus Community Support Fund
£9,870 21/08/2020
"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more
Paul Hamlyn Foundation - COVID19 Emergency Funding
£15,000 22/07/2020
3
Support to aid the organisation in dealing with the challenges posed by COVID19.
Garfield Weston Foundation - Main Grants award
£15,000 05/06/2020
DM Collective
Esmee Fairbairn - Grant to Drake Music
£23,101 05/05/2020
6
towards unrestricted core costs as a COVID-19 Fast Response grant
DCMS - National Portfolio Organisation 2018-2022
£197,615 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
DCMS - Cultural Capital Kickstart Fund
£15,436 01/04/2020
To support Arts and Culture throughout England
DCMS - Drake Music
£84,650 01/04/2020
To support Arts and Culture throughout England
DCMS - Drake Music 2021
£42,325 01/04/2020
To support Arts and Culture throughout England
The Clothworkers Foundation - Grant to Drake Music
£25,000 04/02/2020
create an Accessible Musical Instrument Collection for a charity which works with people with disabilities nationally
The Foyle Foundation - Arts
£15,000 04/02/2020
towards the 'Planted Symphony' project, specifically the outreach/participation programme
Esmee Fairbairn - Grant to Drake Music
£138,606 24/07/2019
36
Towards project costs turning the large-scale ideas of emergent professional disabled musicians into reality, ensuring that ground-breaking artists become self-sufficient and established, reaching ....more
National Lottery Community Fund - Digitial Disabled Luthiers
£10,000 30/01/2019
12
The project will enable those with disabilities to engage in music. The aim is to create individualised instruments through collaboration.
Co-Op Foundation - Youth Community Spaces offer
£10,000 20/12/2018
Developing ways disabled and non-disabled young people can make music together
Co-Operative Group - Grant to Drake Music
£5,498 19/11/2018
We wish to establish an inclusive young people’s music making ensemble of local disabled and non-disabled young people in Tower Hamlets.
Youth Music - Think22: A Paradigm Shift
£342,810 19/01/2018
Think22: A Paradigm Shift
Masonic Trust - National Research and Development Manager
£40,000 19/07/2017
User-led creation of bespoke instruments and music technology for people with disabilities.
The Rayne Foundation - Grant to Drake Music
£22,000 08/06/2017
24
Towards DMLab Bristol, a collaborative programme between disabled musicians and instrument makers, coders and hackers, to create new accessible instruments.
Quartet Community Foundation - Platform
£2,500 14/11/2016
5
For a 10-week music and performance project open to all disabled adults.
True Colours Trust - innovation lab
£5,200 16/10/2015
innovation lab
City Bridge Trust - Grant to Drake Music
£40,000 23/09/2015
£40,000 for a third year’s support of the Connect and Collaborate project in London.
Andrew Lloyd Webber Foundation - Grant to Drake Music
£28,000 17/10/2011
Ramp it up!
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (3)
Current Trustees appointed

Age Range of Trustees: 42-52
  • MX SNOOF KATTEKOP Appointed: 2023, Occupation: Self-Employed Artist, Maker & Educator
Legal constitution
  • Charitable company registered in England & Wales on 02/03/1994, number: 1034374
  • Registered at Companies House on 03/11/1993, number: 02868675
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment 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
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Volunteer management
Filing Record
19 returns made; AR09: 13 days late, AR07: 20 days late, AR06: 1 days late, AR04: 23 days late,
Main office

RICH MIX
35-47 BETHNAL GREEN ROAD
LONDON
E1 6LA

Objectives

THE ADVANCEMENT OF EDUCATION OF DISABLED PEOPLE OF ALL AGES IN THE ARTS AND IN PARTICULAR THE ART OF MUSIC

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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