Finance Score: 0
Governance Score: 5
Support Score: 12
  • Liabilities <10%: +3
  • Excess reserves: -4
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Dynamic board: +3
  • Grant maker support: +12
Overall GiG Score: 17 ?

RICH MIX CULTURAL FOUNDATION 

To advance education of the public in art and culture of all types; to work towards the elimination of racial discrimination; to promote equality of opportunity and good relations between people of different racial groups, particularly by promoting events and activities to foster intercultural diversity of migrant communities and their contribution to the economic and cultural life of the UK.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • Fundraising costs are low relative to funds raised
  • 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 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:

  • This charity has substantial assets and unrestricted reserves of £12,605,508 available, equivalent to 52 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
Established: 22 years

www.richmix.org.uk

finance@richmix.org.uk

02076137498

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
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£2,289£2,894£-605£74£13,552£12,60652.3485
31/03/22£2,769£2,734£35£69£14,157£13,19357.9445
31/03/21£3,012£2,379£633£72£14,227£13,79269.6473
31/03/20£2,774£3,227£-453£29£13,488£13,45350485
31/03/19£2,639£3,306£-668£44£13,941£13,93750.6469
31/03/18*£2,789£3,257£-468£16£14,609£14,59953.8520
31/03/17*£2,602£3,200£-598£6£15,077£15,07756.5490
31/03/16£2,950£3,053£-103£1,017£15,673£15,64461.5440
31/03/15£3,365£2,771£594£984£15,782£15,76768.3450
31/03/14£2,738£3,984£-1,246£982£15,188£15,16045.7420
31/03/13£3,024£2,871£153£926£16,434£16,41168.6390
31/03/12£3,267£2,995£273£958£16,281£16,26465.2400
31/03/11£3,245£2,875£370£930£16,007£16,00466.8210
31/03/10£2,217£2,979£-762£873£15,638£15,63863730
31/03/09£2,498£2,929£-431£1,041£16,400£16,40067.2170
31/03/08*£2,100£2,403£-304£935£16,831£16,77083.7180
31/03/07*£3,714£3,293£421£863£17,134£16,98261.9200
31/03/06*£7,755£1,080£6,675£0£0£0n/a00
31/03/05*£10,354£471£9,884£0£0£0n/a00
31/03/04*£243£185£58£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 5.3%
Fundraising Costs/Total Spending: 2.6%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 4%
Liabilities/Income: 24%
Unrestricted Funds/Total Funds: 93%
Reserves/Spending: 52.3 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.6
Asset Split ?
Listed activities
  • Arts/Culture/Heritage/Science
  • Economic/Community Development/Employment
  • Education/Training
  • Environment/Conservation/Heritage
How it operates
  • Acts as an umbrella or resource body
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides human resources
  • Sponsors or undertakes research
Where it operates
  • Tower Hamlets,
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 works here?
  • 48 employees
  • 5 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£2,198,058
City Bridge Trust£150,000
Greater London Authority£149,577
Esmee Fairbairn£146,666
The Clothworkers Foundation£100,000
Garfield Weston Foundation£50,000
Specific Donations
Amount When
Months
To be used for
Esmee Fairbairn - Grant to Rich Mix Cultural Foundation
£13,333 20/02/2023
Towards unrestricted core costs as a Cost of Living Uplift
City Bridge Trust - Grant to Rich Mix Cultural Foundation
£150,000 16/01/2023
£150,000 towards the access works of phase 1B of the organisation’s redevelopment project, ‘Reimagining Rich Mix’.
The Clothworkers Foundation - Grant to Rich Mix Cultural Foundation
£100,000 27/09/2022
refurbishment of building for a charity supporting disadvantaged minority communities in London
National Lottery Heritage Fund - Grant to Rich Mix Cultural Foundation
£9,963 08/09/2022
Our Journeys StoryTent
Backstage Trust - Programme Costs grant
£15,000 01/09/2022
New Creatives Training Programme in East London
Esmee Fairbairn - Grant to Rich Mix Cultural Foundation
£133,333 24/08/2022
Towards unrestricted core costs to nurture the next generation of diverse artists/East End artists from the global majority to step into leadership roles
National Lottery Community Fund - Family Wellbeing Sessions
£9,630 22/07/2022
The funding will be used to run regular family wellbeing sessions including mindfulness and music/exercise sessions for families with children. The project aims to bring families together through ....more
DCMS - Capital Investment Programme
£650,000 04/03/2022
The Capital Investment Programme is an open access programme to support cultural organisations to adjust buildings and equipment so that they can operate safely post-pandemic and improve access, ....more
Garfield Weston Foundation - Main Grants award
£50,000 09/04/2021
Learning and Participation: Rich Mix Host, Nurtures and Delivers
National Lottery Community Fund - Rich Mix Community Support Programme
£9,894 12/03/2021
2
The funding will be used to support vulnerable communities who have been significantly affected by the pandemic through their community support programme. The group will offer online sensory ....more
DCMS - Coronavirus Community Support Fund
£40,000 29/09/2020
"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
DCMS - National Portfolio Organisation 2018-22
£307,290 01/04/2020
The wider aim of the scheme is: 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 ....more
DCMS - Rich Mix Cultural Foundation Recovery Fund
£971,833 01/04/2020
To support Arts and Culture throughout England
DCMS - Rich Mix Culture Recovery Fund 2
£228,935 01/04/2020
To support Arts and Culture throughout England
Greater London Authority - Rich Mix Cultural Foundation
£149,577 01/01/2020
Positive activities for young people involved in crime or at risk of crime or exclusion
City Bridge Trust - Grant to Rich Mix Cultural Foundation
£2,860 31/01/2019
£2,860 to commission an independent access audit and for disability awareness training for Rich Mix staff.
City Bridge Trust - Eco audit to Rich Mix Cultural Foundation
£4,000 27/09/2018
£4,000 to provide an eco-audit.
National Lottery Community Fund - Everyone a Maker Family Project
£9,340 03/08/2018
12
The funding will be used to deliver a series of family based creative workshops. The project aims to breakdown cultural barriers between participants and improve child development.
Garfield Weston Foundation - Multi-Year Grant (2 Years) award
£30,000 23/01/2018
A NEW VISION FOR RICH MIX'S PARTICIPATION AND LEARNING PROGRAMME
National Lottery Heritage Fund - Grant to Rich Mix Cultural Foundation
£10,000 08/10/2015
The House of Schmutter: Discovering the Jewish East End
Esmee Fairbairn - Grant to Rich Mix Cultural Foundation
£105,000 27/02/2013
Towards a sustained programme of artist support and free arts events showcasing high-quality emerging artists across a wide range of art forms to a diverse audience.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)
Current Trustees appointed

Age Range of Trustees: 33-79
  • AMINA ALI Appointed: 2018, Occupation: Lbth Councillor
  • SHAMIM AZAD Appointed: 2013, Occupation: Poet/Storyteller
  • SARA WALLACE Appointed: 2020, Occupation: Executive Producer
  • VINEET JASOOJA Appointed: 2020, Occupation: Employed With Bank (Ubs Uk)
Legal constitution
  • Charitable company registered in England & Wales on 31/10/2001, number: 1089163
  • Registered at Companies House on 25/09/2001, number: 04293133
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
  • Investing charity funds policy and procedures
  • 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; AR18: 2 days late, AR17: 2 days late, AR08: 113 days late, AR07: 147 days late, AR06: 91 days late, AR05: 0 days late, AR04: 166 days late,
Main office

35-47 BETHNAL GREEN ROAD
LONDON
E1 6LA

Objectives

A) TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE HISTORY OF CULTURAL DIVERSITY OF MIGRANT COMMUNITIES AND THEIR CONTRIBUTIONS TO ECONOMIC AND CULTURAL LIFE PARTICULARLY BY ESTABLISHING THE RICH MIX CENTRE AS A HOME FOR EXHIBITIONS AND BY COLLECTING PRESERVING AND EXHIBITING ITEMS OF EDUCATIONAL VALUE. B.) TO ADVANCE EDUCATION OF THE PUBLIC IN ART AND CULTURE OF ALL TYPES. C.) TO WORK TOWARDS THE ELIMINATION OF RACIAL DISCRIMINATION AND TO PROMOTE EQUALITY OF OPPORTUNITY AND GOOD RELATIONS BETWEEN PERSONS OF DIFFERENT RACIAL GROUPS PARTICULARLY BY PROMOTING EVENTS AND ACTIVITIES TO FOSTER INTERCULTURAL UNDERSTANDING, INCLUSIVENESS AND TOLERANCE AND TO PROMOTE THE VALUE OF CULTURAL ACTIVITY.

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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