Finance Score: -7
Governance Score: 5
Support Score: 11
  • Strong growth: +2
  • Volatile income & significant deficit in latest year: -5
  • Fundraising costs high: -4
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Dynamic board: +3
  • Grant maker support: +11
Overall GiG Score: 9 ?

DERBY MUSEUMS 

Museum services
Analysis by Giving is Great

Positives:

  • There has been strong growth in spending over the last 5 years
  • There have been no material income shortfalls in recent years
  • 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
  • Over half the Board have joined recently

Financial issues to consider:

  • Income has been volatile recently and was significantly lower than spending in the latest year
  • Fundraising costs are extremely high relative to funds raised
Established: 11 years

www.derbymuseums.org

info@derbymuseums.org

01332641901

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£2,909£4,452£-1,543£828£19,103£1,6354.413267
31/03/22*£7,108£6,699£409£441£20,813£2,0313.610368
31/03/21£7,151£1,952£5,200£0£0£0n/a710
31/03/20£8,640£2,087£6,553£208£15,156£1,1926.9811,237
31/03/19£9,647£1,844£7,802£0£10,314£1,2928.4911,080
31/03/18£3,202£2,161£1,041£0£2,253£1,0695.9720
31/03/17£2,810£2,717£94£0£1,096£9824.3700
31/03/16£2,095£1,926£169£103£1,002£8725.4680
31/03/15£2,256£1,991£265£114£833£8104.9670
31/03/14£2,063£1,914£149£13£568£5393.4330

Financial Ratios
Fundraising Costs/Relevant Income: 42.3%
Fundraising Costs/Total Spending: 18.6%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 2%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 9%
Reserves/Spending: 4.4 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.3
Asset Split ?
Listed activities
  • Arts/Culture/Heritage/Science
How it operates
  • Provides services
Where it operates
  • Derby City,
Who it helps
  • The General Public/Mankind
Who works here?
  • 132 employees
  • 67 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£3,032,220
National Lottery Heritage Fund£673,102
Garfield Weston Foundation£203,139
Wolfson Foundation£150,000
Calouste Gulbenkian Foundation, UK Branch£52,000
Specific Donations
Amount When
Months
To be used for
National Lottery Heritage Fund - Grant to Derby Museums
£215,510 30/08/2023
Derby Museums: Resilience, Relevance and Recovery
National Lottery Heritage Fund - Grant to Derby Museums
£249,795 23/06/2023
#DYC Reimagining with the City
Wolfson Foundation - Grant to Derby Museums Trust
£0 07/12/2022
Grant of £125,000 towards Joseph Wright of Derby's Self-Portrait at the Age of about Forty, and A study for 'An Experiment on a Bird in the Air Pump c1772-73 at Derby Museum and Art Gallery. Art ....more
Wolfson Foundation - Grant to Derby Museums Trust
£0 07/12/2022
'The Reimagined Home' at Pickford's House. Grant of £35,850 under DCMS Wolfson Museums and Galleries Improvement Fund (round 14, grant ref. 21866). (WF contributing 50% of total grant of £71,700).
National Lottery Heritage Fund - Grant to Derby Museums
£207,797 05/07/2022
Alternative Archive Derby
DCMS - The acquisition for the nation of Self-Portrait at the Age of About Forty by Joseph Wright of Derby.
£2,271,621 14/12/2021
The project is the acquisition for the nation of Self-Portrait at the Age of About Forty by Joseph Wright of Derby, one of 18th century Britains most interesting and innovative painters.
DCMS - Investment Funds
£12,000 19/05/2021
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 the chance to flourish and where ....more
Garfield Weston Foundation - WCF award - COVID19 response
£203,139 05/02/2021
Weston Culture Fund
Wolfson Foundation - Grant to Derby Museums Trust
£150,000 09/12/2020
WF Covid-19 Support Fund
DCMS - National Portfolio Organisations 2018-2022+
£400,099 01/04/2020
We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that by 2030 we want England to be a country in which the creativity of each of ....more
DCMS - Derby Museums - Recovery
£130,000 01/04/2020
To support Arts and Culture throughout England
DCMS - Cultural Capital Kickstart Fund
£153,500 01/04/2020
To support Arts and Culture throughout England
DCMS - Derby Museums - Recovery
£65,000 01/04/2020
To support Arts and Culture throughout England
National Lottery Community Fund - Young Co-producers
£9,844 12/09/2019
18
The funding will be used to recruit a volunteer assistant to provide additional capacity for the group's volunteering programme for young people. The project aims to develop employability skills and ....more
Calouste Gulbenkian Foundation, UK Branch - Derby Museums
£52,000 26/06/2019
To establish a UK version of the American Creative Community Fellow Programme (CCF), a unique leadership programme for the arts and cultural sector.
The Foyle Foundation - Learning (MGS)
£75,000 25/04/2019
towards the transformation of The Silk Mills into a new Museum of Making, specifically the fit out costs
DCMS - National Portfolio Organisations 2018-2022+
£392,870 01/04/2019
£1.6bn invested in the key arts and culture infrastrucure organisations in England for a 4 year period
DCMS - Museum of Making at Derby Silk Mill - Enhancing the temporary exhibition space.
£90,000 01/04/2019
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
ARTS COUNCIL ENGLAND - NPO 2018-22: Band 2
£392,870 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.
DCMS - National Portfolio Organisations 2018-2022+
£392,870 01/04/2018
National Portfolio Organisations 2018-2022+
DCMS - National Portfolio Organisations 2018-2022+
£98,218 01/04/2018
To support National Portfolio Organisations 2018-2022+
Garfield Weston Foundation - Major Grants award
£200,000 13/12/2017
Derby Silk Mill - Museum of Making
Wolfson Foundation - Grant to Derby Museums Trust
£75,000 16/06/2017
Redevelopment of Derby Silk Mill to create 'Museum of Making'
ARTS COUNCIL ENGLAND - Major Partner Museums
£854,066 01/04/2017
11
Major Partner Museums- building the resilience of museums
DCMS - DCMS/Wolfson Museums and Galleries Improvement Fund
£125,000 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 Derby Museums
£1,100,000 20/03/2017
Celebrating the past and securing the future of Derby Museums
National Lottery Heritage Fund - Grant to Derby Museums
£166,400 11/04/2016
Joseph Wright's Arkwright's Mills and Willersley Castle
National Lottery Heritage Fund - Grant to Derby Museums
£10,695,000 28/04/2015
Derby Silk Mill - Museum of Making
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)
Current Trustees appointed

Age Range of Trustees: 33-68
Legal constitution
  • Charitable company registered in England & Wales on 12/11/2012, number: 1149710
  • Registered at Companies House on 18/04/2012, number: 08036113
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • 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
  • 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
10 returns made; AR22: 13 days late,
Main office

Derby Museums
Museum & Art Gallery
The Strand
DERBY
DE1 1BS

Objectives

1) TO ADVANCE THE EDUCATION OF THE PUBLIC AT LARGE BY THE ESTABLISHMENT AND/OR MAINTENANCE OF A MUSEUM AND/OR ART GALLERY;2) TO ADVANCE THE EDUCATION OF THE PUBLIC AT LARGE BY THE PRESERVATION OF BUILDINGS OF HISTORIC AND/OR ARCHITECTURAL IMPORTANCE;3) WITHOUT PREJUDICE TO THE GENERALITY OF THE ABOVE, TO ADVANCE THE EDUCATION OF THE PUBLIC AT LARGE OF DERBY'S ENGINEERING AND CREATIVE HERITAGE;4) TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION FOR INDIVIDUALS WHO HAVE NEED OF SUCH BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE;5) PURSUE SUCH OTHER CHARITABLE PURPOSES CONSISTENT WITH THE ABOVE AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION SHALL DETERMINE.

Defined Area of Benefit:

DERBY

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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