Finance Score: -2

Governance Score: 5

Support Score: 12

Multiple Deficits: -2

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

Grant maker support: +12

Overall GiG Score: 15

THE FOUNDLING MUSEUM

To operate a museum for the maintenance, conservation and exhibition of the Foundling Hospital collection.

Analysis by Giving is Great

Positives:

Spending has increased over the last 3 years relative to the previous period
A significant proportion of recent income was derived from major grant makers
The Board appears to be well diversified in terms of age 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:

On several occasions in recent years income has been less than spending

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		£2,057	£2,124	£-66	£212	£12,410	£2,462	13.9	33	130
31/03/22		£1,746	£1,882	£-136	£154	£12,598	£2,728	17.4	33	140
31/03/21		£2,237	£1,522	£715	£2	£12,417	£2,662	21	19	140
31/03/20		£1,369	£1,543	£-174	£10	£11,312	£1,661	12.9	19	140
31/03/19		£1,346	£1,596	£-250	£23	£11,624	£2,032	15.3	20	215
31/03/18	*	£1,125	£1,488	£-363	£20	£11,606	£2,116	17.1	19	0
31/03/17	*	£1,183	£1,436	£-254	£32	£11,969	£2,642	22.1	19	0
31/03/16	*	£1,153	£1,361	£-208	£24	£11,876	£2,606	23	18	0
31/03/15		£1,455	£1,292	£163	£36	£12,237	£2,987	27.7	16	0
31/03/14		£875	£1,058	£-183	£15	£11,965	£2,793	31.7	13	0
31/03/13	*	£770	£992	£-222	£13	£12,126	£2,929	35.4	17	0
31/03/12		£834	£861	£-27	£26	£3,176	£2,967	41.4	17	0
31/03/11		£887	£908	£-22	£24	£3,165	£3,009	39.7	17	0
31/03/10		£778	£960	£-182	£30	£3,110	£2,969	37.1	20	0
31/03/09		£688	£917	£-229	£19	£2,701	£2,571	33.6	20	0
31/03/08		£725	£837	£-112	£27	£3,705	£3,563	51.1	18	0
31/03/07		£584	£705	£-121	£20	£4,208	£4,061	69.1	12	0
31/03/06		£684	£654	£30	£0	£0	£0	n/a	0	0
31/03/05		£1,261	£895	£366	£0	£0	£0	n/a	0	0
31/03/04	*	£820	£551	£268	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 14.1%
Fundraising Costs/Total Spending: 11.3%
Senior Staff Costs/Total Spending: 8%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 26%
Liabilities/Income: 215%
Unrestricted Funds/Total Funds: 20%
Reserves/Spending: 13.9 months
Net Current Assets/Spending: 11 months
Quick Ratio: 1.1

Asset Split ?

Established: 26 years

www.foundlingmuseum.org.uk

enquiries@foundlingmuseum.org.uk

02078413600

Charity Commission for England and Wales

Tweets

Listed activities

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

GiG Classification

Museums, parks, historical sites

How it operates

Provides buildings/facilities/open space
Provides services

Where it operates

Throughout London,

Who it helps

Children/Young People
The General Public/Mankind

Who works here?

33 employees
130 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

The Foyle Foundation	£535,000
National Lottery Heritage Fund	£493,250
DCMS	£390,000
John Lyon's Charity	£119,000
Esmee Fairbairn	£80,000
The Pilgrim Trust	£60,000

Specific Donations

Amount	When Months	To be used for
Esmee Fairbairn - TASK to The Foundling Museum
£20,000	06/09/2023	TASK fund donation as a contribution to the lease appeal
National Lottery Heritage Fund - Grant to The Foundling Museum
£244,250	24/03/2023	Securing the Foundling Museum: Building Resilience for a Long Term Future
The Foyle Foundation - Arts
£500,000	29/11/2022	towards Securing the Future of the Building and Collection through the purchase of 999 lease
The Childhood Trust - Families at the Foundling
£7,500	12/06/2022	Supporting families & disadvantaged parents with young children is at the heart of the Foundling Museum?s mission. A new partnership with Home-Start seeks to help 24 families through challenging ....more Supporting families & disadvantaged parents with young children is at the heart of the Foundling Museum?s mission. A new partnership with Home-Start seeks to help 24 families through challenging times, providing creative activities to improve wellbeing & mitigate stress from increasing living costs
DCMS - Arts Council National Lottery Project Grants
£15,000	21/12/2021	National Lottery Project Grants is our open access programme for arts, libraries and museums projects. The fund supports thousands of individual artists, community and cultural organisations.
Daiwa Anglo-Japanese Foundation - Grant to Foundling Museum, The
£5,200	19/11/2021	Support for the transport of artwork by Japanese manga artist Taiyō Matsumoto to feature in the exhibition Superheroes, Orphans and Origins: 125 years in Comics, which will run at the Foundling ....more Support for the transport of artwork by Japanese manga artist Taiyō Matsumoto to feature in the exhibition Superheroes, Orphans and Origins: 125 years in Comics, which will run at the Foundling Museum in London, 1 April to 10 July 2022.
John Lyon's Charity - Internship grant to Foundling Museum
£105,000	16/06/2021	Care Leaver Traineeship
John Lyon's Charity - SHAF grant to Foundling Museum
£4,000	01/10/2020 1	Black Cats and Sportswear Hacks: Spooky Half-term Activities
John Lyon's Charity - COVID-19 grant to Foundling Museum
£10,000	14/09/2020 4	COVID-19: LCR Wave 3 - Head of Learning salary
Esmee Fairbairn - Grant to The Foundling Museum
£60,000	01/09/2020 12	Towards Core costs Towards unrestricted funding to underpin work with disadvantaged children and young people.
National Lottery Heritage Fund - Grant to Foundling Museum
£249,000	26/08/2020	COVID19:FOUNDLING MUSEUM
DCMS - Culture Recovery: The Foundling Museum
£250,000	01/04/2020	To support Arts and Culture throughout England
DCMS - Foundling Museum: Culture Recovery Fund 2
£125,000	01/04/2020	To support Arts and Culture throughout England
The Pilgrim Trust - Grant to The Foundling Museum
£60,000	26/02/2020 36	The Foundling Museum: Securing the Future
The Foyle Foundation - Learning (MGS)
£35,000	20/09/2019	towards a package of investment to support the financial sustainability of the museum
DCMS - Acquisition of William South's Naval General Service Medal 1848
£11,300	09/04/2019	Acquisition of William South's Naval General Service Medal 1848
The Childhood Trust - Art on Children's Hospital Wards
£2,500	05/12/2017	We work with disadvantaged, critically ill children on London hospital wards to create unique art projects, giving them an opportunity to speak creatively about their conditions and treatments. Each ....more We work with disadvantaged, critically ill children on London hospital wards to create unique art projects, giving them an opportunity to speak creatively about their conditions and treatments. Each project will culminate in a public display at the Foundling Museum.
Esmee Fairbairn - Grant to The Foundling Museum
£150,000	18/02/2015 36	Towards core salaries to consolidate the museum's model.
National Lottery Heritage Fund - Grant to Foundling Museum
£59,900	09/10/2013	Foundlings at War
National Lottery Heritage Fund - Grant to Foundling Museum
£10,000	07/06/2013	Maximising Membership Scheme Income

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)

Current Trustees appointed

Age Range of Trustees: 27-75

SHEREKA DUNBAR Appointed: 2021, Occupation: Student

ANDREW JAMES MCINTYRE Appointed: 2022, Occupation: Company Director

EDWARD STUART HUMPHREY Appointed: 2022, Occupation: Company Director

GRAYSON PERRY CBE Appointed: 2021, Occupation: Artist

MICHAEL DESMOND CROSSAN Appointed: 2024, Occupation: Solicitor

PERDITA HUNT Appointed: 2017, Occupation: Director

ANNE BECKWITH SMITH Appointed: 2017, Occupation: Retired Fundraiser

CHRISTOPHER COTTON Appointed: 2017, Occupation: Retired

CLAIRE JEFFERS Appointed: 2019, Occupation: Investment Advisor

LEMN SISSAY OBE Appointed: 2017, Occupation: Author And Broadcaster, Other trusteeship: The Gold From The Stone Foundation,

LARISSA JOY (Chair) Appointed: 2015, Occupation: Company Director

LORD SIMON RUSSELL Appointed: 2019, Occupation: Crossbench Peer

RONALD GOULD Appointed: 2017, Occupation: Chairman

Legal constitution

Charitable company registered in England & Wales on 24/08/1998, number: 1071167
Registered at Companies House on 20/08/1998, number: 03621861

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
Investing charity funds policy and procedures
Investment
Paying staff
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
Volunteer management

Filing Record

20 returns made; AR18: 6 days late, AR17: 1 days late, AR16: 1 days late, AR13: 1 days late, AR04: 1 days late,

Main office

40 BRUNSWICK SQUARE
LONDON
WC1N 1AZ

Objectives

(A) TO ESTABLISH AND MAINTAIN A MUSEUM FOR THE ADVANCEMENT OF EDUCATION OF THE GENERAL PUBLIC AND OF SCHOLARS BY THE DOCUMENTATION, MAINTENANCE, CONSERVATION, EXHIBITION, STUDY AND INTERPRETATION OF THE COLLECTION (AS DEFINED IN PARAGRAPH (B) OF THIS SUB-CLAUSE); (B) IN THIS MEMORANDUM OF ASSOCIATION, THE COLLECTION MEANS THE WORKS OF ART AND ASSOCIATED ITEMS FROM TIME TO TIME COMPRISED IN THE ORIGINAL COLLECTION SPECIFIED IN THE SCHEDULE HERETO AND SUCH OTHER WORKS OF ART AND ASSOCIATED ITEMS AS ARE COMPRISED THEREIN AND AS MAY BE ADDED THERETO. (2) TO SUPPORT SUCH OF THE PURPOSES OF THE CHARITY CALLED THE HOSPITAL FOR THE MAINTENANCE AND EDUCATION OF EXPOSED AND DESERTED YOUNG CHILDREN NOW KNOWN AS THE THOMAS CORAM FOUNDATION FOR CHILDREN (THE FOUNDATION) AS THE CHARITY IN CONSULTATION WITH THE FOUNDATION SHALL FROM TIME TO TIME DETERMINE.

Defined Area of Benefit:

NOT DEFINED

Data Sources