Finance Score: 2

Governance Score: 2

Support Score: 10

Excess liquidity: -1
Fundraising costs low: +3

12+ Trustees: -1
Gender balanced board: +3

Grant maker support: +10

Overall GiG Score: 14

GLASTONBURY ABBEY

The charity maintains and cares for the ruins of Glastonbury Abbey and the surrounding 36 acres/15 hectares of grounds enjoyed by 100,000 visitors a year from all over the world. Our museum explains the history of the abbey, presents its collections and hosts exhibitions and education activities. An events programme includes tours, talks and costumed re-enactors. We are open 364 days a year.

Analysis by Giving is Great

Positives:

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 the Government
The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

There are 13 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

Liquidity appeared to be considerably in excess of CC guidelines at the latest year end especially considering the historic stability of income

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	£1,463	£1,390	£72	£0	£2,376	£2,332	20.1	38	35
31/12/21	£1,400	£1,036	£364	£0	£2,290	£2,252	26.1	35	31
31/12/20	£1,157	£980	£176	£0	£1,738	£1,659	20.3	40	0
31/12/19	£1,201	£1,285	£-84	£0	£1,522	£1,484	13.9	49	56
31/12/18	£1,151	£1,235	£-84	£0	£1,602	£1,564	15.2	39	51
31/12/17	£995	£1,073	£-78	£0	£1,180	£1,143	12.8	38	0
31/12/16	£1,148	£1,083	£64	£0	£1,259	£1,200	13.3	23	0
31/12/15	£978	£1,098	£-120	£35	£1,194	£1,157	12.6	34	0
31/12/14	£1,587	£1,588	£-2	£36	£1,314	£1,274	9.6	35	0
31/12/13	£1,171	£1,333	£-161	£35	£1,316	£1,275	11.5	38	0
31/12/12	£879	£1,167	£-287	£238	£1,477	£1,415	14.6	38	0
31/12/11	£948	£993	£-45	£88	£1,765	£1,727	20.9	40	0
31/12/10	£906	£912	£-6	£30	£1,809	£1,772	23.3	34	0
31/12/09	£2,209	£452	£1,757	£26	£1,794	£1,757	46.6	29	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.3%
Fundraising Costs/Total Spending: 0.2%
Highest pay band: Less than £60,000
Liabilities/Assets: 14%
Liabilities/Income: 26%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 20.1 months
Net Current Assets/Spending: 9 months
Quick Ratio: 4.6

Asset Split ?

Established: 15 years

www.glastonburyabbey.com

info@glastonburyabbey.com

01458836112

Charity Commission for England and Wales

Tweets

Listed activities

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

GiG Classification

Museums, parks, historical sites

How it operates

Provides buildings/facilities/open space

Where it operates

Somerset,

Who it helps

The General Public/Mankind

Who works here?

38 employees
35 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

National Lottery Heritage Fund	£477,490
DCMS	£339,500
Wolfson Foundation	£50,000

Specific Donations

Amount	When Months	To be used for
Wolfson Foundation - Grant to Glastonbury Abbey
£50,000	08/06/2023	Restoration and interpretation
National Lottery Heritage Fund - Grant to Glastonbury Abbey
£249,990	24/03/2023	Glastonbury Abbey Piazza Project
National Lottery Heritage Fund - Grant to Glastonbury Abbey
£10,000	11/05/2022	Dissolution to Evolution
DCMS - CRF20:Glastonbury Abbey
£339,500	14/10/2020	Culture Recovery Fund for Heritage 2020-21
National Lottery Heritage Fund - Grant to Glastonbury Abbey
£217,500	16/07/2020	COVID19 Glastonbury Abbey

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)

Current Trustees appointed

Gender Split

Based on 12/13 persons

Age Range of Trustees: 51-78

MONICA SIDIQUE Appointed: 2022, Occupation: Lawyer

REV D MACGEOCH, Other trusteeship: THE GLASTONBURY PEOPLE'S TRUST,

DAVID ODGERS (Chair) Appointed: 2018, Occupation: Conservation Consultant

DR ROBERT JACKSON, Occupation: Veterinary Surgeon

DR WILLIAM BLOOM Appointed: 2017, Occupation: Author/Educator

EDWARD GREGORY Appointed: 2019, Occupation: Director Of Education

JANICE EMILY WHITE Appointed: 2009, Occupation: Retired, Other trusteeship: FORGET-ME-NOT-CLUB,

NICHOLAS GUY MAY Appointed: 2021, Occupation: Retired, Other trusteeships: YOUTH WITH A FUTURE, SHEPTON MALLET UNITED CHARITIES,

PROF ROBERTA GILCHRIST, Other trusteeship: THE ANTIQUITY TRUST,

REVEREND DOCTOR ANNE ELIZABETH GELL Appointed: 2017, Occupation: Minister Of Religion (Archdeacon), Other trusteeship: WYNNE WILLSON SCHOLARSHIP FUND,

STEPHEN BIRD Appointed: 2009, Occupation: Chief Executive

MARTIN THOMAS Appointed: 2014, Occupation: Executive Director, Other trusteeships: LYMEARTS COMMUNITY TRUST LIMITED, AGATHA CHRISTIE FESTIVAL LIMITED,

PAUL BENTLEY HEAL Appointed: 2020, Occupation: Chartered Accountant, Other trusteeship: THE THEATRE ROYAL BATH LIMITED,

Legal constitution

Charitable company registered in England & Wales on 22/04/2009, number: 1129263
Registered at Companies House on 08/04/2009, number: 06873912

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

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

Filing Record

14 returns made; all on time

Main office

GLASTONBURY ABBEY
ABBEY GATEHOUSE
MAGDALENE STREET
GLASTONBURY
BA6 9EL

Objectives

1 TO PRESERVE THE FABRIC AND THE GROUNDS OF GLASTONBURY ABBEY RUINS FOR THE PUBLIC BENEFIT; AND2 TO USE GLASTONBURY ABBEY TO ADVANCE RELIGION IN ACCORDANCE WITH THE DOCTRINES OF THE CHURCH OF ENGLAND; AND3 TO EDUCATE THE PUBLIC IN THE HISTORIC AND RELIGIOUS IMPORTANCE OF GLASTONBURY ABBEY (INCLUDING THE SKILLS AND LEARNING ASSOCIATED WITH IT).

Defined Area of Benefit:

GLASTONBURY

Data Sources