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home >> charity search >> museum of london
Finance Score: -1
Governance Score: 2
Support Score: 7
  • Pension deficit: -1
  • Strong growth: +2
  • Multiple Deficits: -2
  • 12+ Trustees: -1
  • Dynamic board: +3
  • Grant maker support: +7
Overall GiG Score: 8 ?

MUSEUM OF LONDON 

Museum of London tells the story of one of the world's greatest cities and its people. As the single most important source of knowledge on the capital, the Museum is, uniquely, a national, regional and local organisation. With over a million items in its collection, it is the largest social history Museum in the world.
Analysis by Giving is Great

Positives:

  • There has been strong growth in spending over the last 5 years
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

  • There are 18 trustees whereas the Charities Commission recommends a maximum of 12
  • Over half the Board have joined recently

Financial issues to consider:

  • There is a pension deficit of £5,409,000
  • On several occasions in recent years income has been less than spending


miles
Established: 13 years

https://www.museumoflondon.org.uk/museum-lond

info@museumoflondon.org.uk

02070019844

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
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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£61,132£57,514£3,618£2,991£53,508£21,7704.5263328
31/03/22£49,353£46,851£2,502£2,779£-3,454£-24,376-6.2244283
31/03/21£36,250£39,441£-3,191£2,366£-19,904£-32,006-9.7260273
31/03/20£37,951£41,303£-3,352£3,618£1,872£-9,367-2.7279289
31/03/19£32,466£36,671£-4,205£3,974£2,437£-8,093-2.6273180
31/03/18£25,491£28,876£-3,385£3,542£5,879£-4,631-1.92500
31/03/17£22,157£25,320£-3,163£3,323£8,580£-994-0.52390
31/03/16£21,163£23,253£-2,090£3,567£17,989£8,7574.52320
31/03/15£19,922£22,303£-2,381£3,287£15,249£6,2593.42140
31/03/14£20,797£22,479£-1,682£3,108£26,941£17,1959.22200
31/03/13£19,827£22,448£-2,621£3,202£32,302£21,98211.82280
31/03/12£25,793£27,335£-1,542£2,963£30,145£19,5528.63410
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 17.2%
Fundraising Costs/Total Spending: 5.2%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 21%
Liabilities/Income: 25%
Unrestricted Funds/Total Funds: 41%
Reserves/Spending: 4.5 months
Net Current Assets/Spending: 7 months
Quick Ratio: 2.5
Asset Split ?
What it does
  • Arts/Culture/Heritage/Science
  • Education/Training
Who works here?
  • 263 employees
  • 328 volunteers
Who it helps
  • The General Public/Mankind
How it operates
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Throughout London,

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
Wolfson Foundation - Grant to Museum of London
£1,000,000 08/06/2022
Redevelopment of former Smithfield General Market to create new museum site (naming possibilities to be discussed)
Garfield Weston Foundation - Major Grants award
£5,000,000 01/04/2022
The London Museum Project
Greater London Authority - Museum of London dementia project
£100,000 19/09/2018
To deliver dementia friendly outreach programme to care homes and hospitals
Greater London Authority - Museum of London dementia project
£100,000 19/09/2018
To deliver dementia friendly outreach programme to care homes and hospitals
Greater London Authority - Museum of London dementia project
£100,000 19/09/2018
To deliver dementia friendly outreach programme to care homes and hospitals
Greater London Authority - Museum of London dementia project
£100,000 19/09/2018
To deliver dementia friendly outreach programme to care homes and hospitals
Greater London Authority - Museum of London dementia project
£100,000 19/09/2018
To deliver dementia friendly outreach programme to care homes and hospitals
Greater London Authority - Museum of London dementia project
£100,000 31/08/2018
To deliver dementia friendly outreach programme to care homes and hospitals
Greater London Authority - Museum of London dementia project
£100,000 31/08/2018
To deliver dementia friendly outreach programme to care homes and hospitals
Greater London Authority - Museum of London dementia project
£100,000 31/08/2018
To deliver dementia friendly outreach programme to care homes and hospitals
National Lottery Heritage Fund - Grant to Museum of London
£5,000,000 22/05/2018
We Are London - collections, galleries and people in a new museum at West Smithfield
ARTS COUNCIL ENGLAND - NPO 2018-22: Band SSO
£244,820 01/04/2018
11
National portfolio organisation- are leaders in their areas, with a collective responsibility to protect and develop our national arts and cultural ecology.
ARTS COUNCIL ENGLAND - NPO 2018-22: Band 3
£1,100,000 01/04/2018
11
National portfolio organisation- are leaders in their areas, with a collective responsibility to protect and develop our national arts and cultural ecology.
ARTS COUNCIL ENGLAND - Major Partner Museums
£1,100,000 01/04/2017
11
Major Partner Museums- building the resilience of museums
DCMS - DCMS/Wolfson Museums and Galleries Improvement Fund
£40,000 01/04/2017
The DCMS/Wolfson Museums and Galleries Improvement Fund has four objectives: to increase the number of artefacts on display, to improve physical access to collections, to improve access for disabled ....more
National Lottery Heritage Fund - Grant to Museum of London
£95,900 30/09/2014
Beyond Documentary - Experimental Photography in London 1970-2004
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (18)
Current Trustees appointed

Legal constitution
  • Charity registered in England & Wales on 02/12/2010, number: 1139250
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
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
12 returns made; all on time
Main office

MUSEUM OF LONDON
150 LONDON WALL
LONDON
EC2Y 5HN

Objectives

GENERAL FUNCTIONS OF THE BOARD(1) SO FAR AS PRACTICABLE AND SUBJECT TO THE FOLLOWING PROVISIONS OF THIS ACT, IT SHALL BE THE DUTY OF THE BOARD:(A) TO CARE FOR, PRESERVE AND ADD TO THE OBJECTS IN THEIR COLLECTIONS;(B) TO SECURE THAT THOSE OBJECTS ARE EXHIBITED TO THE PUBLIC AND MADE AVAILABLE TO PERSONS SEEKING TO INSPECT THEM IN CONNECTION WITH STUDY OR RESEARCH; AND(C) GENERALLY TO PROMOTE UNDERSTANDING AND APPRECIATION OF HISTORIC AND CONTEMPORARY LONDON AND OF ITS SOCIETY AND CULTURE, BOTH BY MEANS OF THEIR COLLECTIONS AND BY SUCH OTHER MEANS AS THEY CONSIDER APPROPRIATE.(2) THE BOARD MAY, SUBJECT TO THE PROVISIONS OF THIS ACT, DO ALL SUCH THINGS AS THEY THINK NECESSARY OR EXPEDIENT FOR THOSE PURPOSES AND THEIR FUNCTIONS UNDER THIS ACT.(3) WITHOUT PREJUDICE TO THE GENERALITY OF SUBSECTION (2) ABOVE, FOR THE PURPOSES MENTIONED IN SUBSECTION (1) ABOVE THE BOARD MAY:(A) PROVIDE ARCHAEOLOGICAL SERVICES AND UNDERTAKE ARCHAEOLOGICAL INVESTIGATIONS AND RESEARCH IN CONNECTION WITH LAND IN LONDON, PUBLISH INFORMATION CONCERNING SUCH INVESTIGATIONS AND RESEARCH AND PROMOTE THE PROVISION OF SUCH SERVICES AND THE UNDERTAKING OF SUCH INVESTIGATIONS AND RESEARCH AND THE PUBLISHING OF SUCH INFORMATION;(B) SUBJECT TO SUBSECTION (4) BELOW, ACQUIRE OR DISPOSE OF ANY LAND OR ANY ESTATE OR INTEREST IN LAND.(4) THE BOARD SHALL NOT ACQUIRE OR DISPOSE OF ANY LAND OR ANY ESTATE OR INTEREST IN LAND WITHOUT THE CONSENT OF THE SECRETARY OF STATE AND THE CORPORATION AND SUCH CONSENT MAY BE GIVEN SUBJECT TO SUCH CONDITIONS AS THE SECRETARY OF STATE AND THE CORPORATION CONSIDER APPROPRIATE.(5) IN THIS SECTION (LONDON) INCLUDES ALL GREATER LONDON AND THE SURROUNDING REGION.

Defined Area of Benefit:

ALL GREATER LONDON AND THE SURROUNDING REGION

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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