Finance Score: -5

Governance Score: -2

Support Score: 4

Multiple Deficits and declines: -5

Narrow trustee age band: -2

Grant maker support: +4

Overall GiG Score: -3

THE BRITISH MUSEUM TRUST LIMITED

The charity advances the charitable objects of the Trustees of the British Museum and culture, heritage, science, education and the arts for public benefit throughout the world in any manner incidental, conducive to or compatible with the charitable objects of the Trustees of the British Museum. The Charity achieves this object through the award of grants. It is independent of the British Museum.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently

Regulatory & Governance issues to consider:

The Board has little diversity in terms of age

Financial issues to consider:

Income has been volatile and on several occasions in recent years less than spending

Established: 13 years

cchambers@britishmuseum.org

02073238000

Charity Commission for England and Wales

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
31/03/23	£7,509	£1,080	£6,429	£0	£173,557	£374	4.2	0
31/03/22	£0	£5,048	£-5,048	n/a	n/a	n/a	n/a	n/a
31/03/21	£1	£7,260	£-7,260	n/a	n/a	n/a	n/a	n/a
31/03/20	£21,481	£53	£21,428	£0	£155,533	£371	83.8	0
31/03/19	£7,902	£4,024	£3,878	£0	£137,386	£37	0.1	0
31/03/18	£10,701	£59	£10,642	£0	£125,303	£44	9.1	0
31/03/17	£12,009	£3,124	£8,884	£0	£117,375	£45	0.2	0
31/03/16	£13,503	£3,081	£10,423	£0	£106,863	£41	0.2	0
31/03/15	£12,021	£10,224	£1,797	£6	£95,430	£45	0.1	0
31/03/14	£18,291	£10,112	£8,179	£6	£89,232	£142	0.2	0
31/03/13	£37,963	£76	£37,887	£8	£80,988	£44	6.9	0
31/03/12	£43,187	£86	£43,101	£6	£43,101	£20	2.8	0

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Financial Ratios

Fundraising Costs/Relevant Income: 12.3%
Fundraising Costs/Total Spending: 85.6%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 5%
Unrestricted Funds/Total Funds: 0%
Reserves/Spending: 4.2 months
Net Current Assets/Spending: 31 months
Quick Ratio: 0.5

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science

How it operates

Acts as an umbrella or resource body
Makes Grants to Individuals
Makes Grants to Organisations
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies
The General Public/Mankind

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

John Lyon's Charity	£81,000
CHK Foundation	£4,500
Daiwa Anglo-Japanese Foundation	£4,000

Specific Donations

Amount	When Months	To be used for
CHK Foundation - CHK Discretionary Grant
£1,500	06/09/2022	to further the charitable objects
CHK Foundation - CHK Discretionary Grant
£1,500	31/01/2022	unrestricted, to further the Charitable Objects
Daiwa Anglo-Japanese Foundation - Grant to British Museum
£4,000	21/05/2021	Support for costs associated with 'Hokusai's Great Picture Book of Everything', a display showcasing for the first time 103 recently rediscovered brush drawings by Japanese artist Katsushika Hokusai, ....more Support for costs associated with 'Hokusai's Great Picture Book of Everything', a display showcasing for the first time 103 recently rediscovered brush drawings by Japanese artist Katsushika Hokusai, acquired by the Museum in 2020, 30 September 2021 to 30 January 2022.
CHK Foundation - CHK Discretionary Grant
£1,500	25/01/2021	unrestricted, to further the Charitable Objects
John Lyon's Charity - Main grant to British Museum
£81,000	18/06/2020 36	British Museum SEND Programme
Esmee Fairbairn - Grant to The British Museum
£15,000	24/07/2012	Towards a programme to discuss and disseminate best practice in heritage organisations working with older people.
Esmee Fairbairn - Grant to The British Museum
£15,000	17/11/2010 6	Towards Project costs Towards work to develop a national strategy for sharing expertise in the museum sector.
Esmee Fairbairn - Grant to The British Museum
£124,091	25/03/2010 36	Towards Project costs Towards costs for a national programme of projects in regional museums.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)

Current Trustees appointed

Age Range of Trustees: 72-79

EDMEE LEVENTIS Appointed: 2019, Occupation: N/A

EMERITUS PROFESSOR CLIVE STEPHEN GAMBLE Appointed: 2021, Occupation: Academic

DAVID RONALD NORGROVE Appointed: 2015, Occupation: None

JACK RYAN Appointed: 2013, Occupation: Portfolio Manager

LORD POWELL OF BAYSWATER (Chair) Appointed: 2011, Other trusteeship: THE MARGARET THATCHER ARCHIVE TRUST,

Legal constitution

Charitable company registered in England & Wales on 21/03/2011, number: 1140844
Registered at Companies House on 07/02/2011, number: 07520030

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

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
Risk management
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

12 returns made; all on time

Main office

BRITISH MUSEUM
GREAT RUSSELL STREET
LONDON
WC1B 3DG

Objectives

TO ADVANCE, IN A MANNER IN WHICH THE DIRECTORS OF THE CHARITY SEE FIT, THE CHARITABLE OBJECTS OF THE TRUSTEES OF THE BRITISH MUSEUM (AS MAY BE AMENDED FROM TIME TO TIME); AND TO ADVANCE CULTURE, HERITAGE, SCIENCE, EDUCATION AND THE ARTS FOR PUBLIC BENEFIT THROUGHOUT THE WORLD IN ANY MANNER INCIDENTAL, CONDUCIVE TO OR COMPATIBLE WITH THE CHARITABLE OBJECTS OF THE TRUSTEES OF THE BRITISH MUSEUM.

Data Sources