Overall GiG Score: 25 ?
Finance Score: 5
Governance Score: 4
Support Score: 16
  • Poor Liquidity: -1
  • Good Reserves: +1Strong growth: +2
  • Fundraising costs low: +3
  • Narrow trustee age band: -2
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +16

UD MUSIC FOUNDATION 

To advance the education of young people in the subject of contemporary Black music genres and to act as a resource for people living in east London by providing advice and assistance and organising programmes of educational, vocational and other talent development activities.
Analysis by Giving is Great

Positives:

  • The charity has received backing from multiple prominent grant makers recently
  • There has been strong growth in spending over the last 5 years
  • There have been no material income shortfalls in recent years
  • Fundraising costs are unusually low relative to funds raised
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • The Board has little diversity in terms of age

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end but very substantial unrestricted reserves are available
Established: 12 years

https://www.udmusic.org/

contact@udmusic.org

020 8536 0630

Charity Commission for England and WalesCompanies House
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£2,551£496£2,055£106£2,086£2,07150.170
31/03/22£321£305£16n/an/an/an/an/a0
31/03/21£117£104£12n/an/an/an/an/a0
31/03/20£60£58£2n/an/an/an/an/a0
31/03/19£164£167£-3n/an/an/an/an/a0
31/03/18£279£279£0£0£0£0n/a00
31/03/17£193£190£3£0£0£0n/a00
31/03/16*£79£91£-12£0£0£0n/a00
31/03/15£194£186£8£0£0£0n/a00
31/03/14£67£64£3£0£0£0n/a00
31/03/13£6£5£1£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 4.2%
Fundraising Costs/Total Spending: 21.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 15%
Liabilities/Income: 15%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 50.1 months
Net Current Assets/Spending: 0 months
Quick Ratio: 0.1
Asset Split ?
What it does
  • Arts/Culture/Heritage/Science
  • Education/Training
Who works here?
  • 7 employees
Who it helps
  • Children/Young People
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.

Major supporters in last 5 years
Esmee Fairbairn£318,000
Paul Hamlyn Foundation£200,000
The Foyle Foundation£30,000
Youth Music£29,983
Specific Donations
Amount When
Months
To be used for
The Foyle Foundation - Arts
£30,000 18/09/2023
towards delivery of the Incubator Programme, a 10-month talent and career development process for ten independent artists and creatives specialising in Black music
Esmee Fairbairn - Grant to Urban Development Music Foundation
£132,000 06/09/2023
Towards core costs of a national youth music organisation for Black music, offering a pathway from school/youth access to professional careers for young people experiencing racial ....more
Paul Hamlyn Foundation - UD Music - Core Funding
£200,000 17/07/2023
UD is a music organisation bringing communities together around Black music and Black music culture. This grant provides core funding for UD's ambition to create a new National Youth Music ....more
Esmee Fairbairn - Grant to Urban Development Music Foundation
£6,000 06/02/2023
Towards unrestricted core costs as a Cost of Living Uplift
Esmee Fairbairn - Grant to Urban Development Music Foundation
£180,000 17/06/2020
36
Towards core costs for a chief operating officer post to support the organisation’s development of a new talent house for urban culture in East London.
Youth Music - Urban Flames Vocal Collective
£29,983 23/10/2019
Urban Flames Vocal Collective
Esmee Fairbairn - Grant to Urban Development Music Foundation
£80,000 25/01/2017
24
Towards development of pathways to enable young people to take part and progress to careers in urban music.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)
Current Trustees appointed
Gender Split
Based on 5/6 persons

Age Range of Trustees:
  • GENIA DAVY Appointed: 2022, Occupation: Chief Operating Officer
  • JOSEPH HENRY Appointed: 2023, Occupation: Designer / Urbanist
Legal constitution
  • Charitable company registered in England & Wales on 25/09/2012, number: 1149090
  • Registered at Companies House on 16/05/2012, number: 08071972
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
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
11 returns made; AR16: 1 days late,
Main office

UD Music Foundation
3 Sugar House Lane
LONDON
E15 2QS

Objectives

(1) TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE SUBJECT OF URBAN MUSIC;(2) TO ACT AS A RESOURCE FOR PEOPLE LIVING IN EAST LONDON BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES OF EDUCATIONAL AND OTHER ACTIVITIES AS A MEANS OF:(A) ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS;(B) ADVANCING EDUCATION;(C) RELIEVING UNEMPLOYMENT; AND(D) PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITY IN THE INTERESTS OF SOCIAL WELFARE FOR PEOPLE LIVING IN THE AREA OF BENEFIT WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS; AND(3) TO PROMOTE SOCIAL INCLUSION FOR THE PUBLIC BENEFIT AMONGST PEOPLE PRINCIPALLY BETWEEN THE AGES OF 16 TO 30 WHO ARE SOCIALLY EXCLUDED AND TO INSPIRE PEOPLE TO FULFIL THEIR CREATIVE POTENTIAL AND BY ASSISTING THEM THROUGH EDUCATIONAL WORK, (FOR THE PURPOSES OF THIS CLAUSE ‘SOCIALLY EXCLUDED’ MEANS ‘PEOPLE PRINCIPALLY BETWEEN THE AGES OF 16 TO 30 YEARS OF AGE WHO ARE EXCLUDED FROM SOCIETY, OR PARTS OF SOCIETY, AS A RESULT OF ONE OR MORE OF THE FOLLOWING FACTORS: UNEMPLOYMENT; FINANCIAL HARDSHIP; RACE; GENDER; POOR EDUCATIONAL OR SKILLS ATTAINMENT; DISABILITY; ETHNIC ORIGIN; OR WHO ARE WITHIN, OR HAVE EXPERIENCED, THE PUBLIC CARE OR PENAL SYSTEM’).THESE OBJECTS SHALL BE OF A WHOLLY CHARITABLE NATURE AND SHALL BE FOR PUBLIC BENEFIT.

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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