Finance Score: 2

Governance Score: -3

Support Score: 6

Poor Liquidity: -1
Good Reserves: +1Strong growth: +2

Good trustee age range: +3
Very static board: -5
Mainly male board: -1

Grant maker support: +6

Overall GiG Score: 5

SUNDERLAND MUSIC, ARTS & CULTURE TRUST

The Charity's activities are to promote urban or rural regeneration in areas of social and economic deprivation particularly in Sunderland and its surrounding areas . The Trustees will use the following means and any other that they may from time to time determine . To preserve historic buildings , to advance the arts , to advance education in science , engineering , history and cultural heritage

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 well diversified in terms of age

Regulatory & Governance issues to consider:

The Board is predominantly male
The Board composition appears to be very static

Financial issues to consider:

Liquidity appears to have been slender at the latest year end but very substantial unrestricted reserves are available

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
31/10/22		£1,411	£717	£694	£0	£10,841	£10,841	181.6	1
31/10/21		£4,096	£258	£3,838	£0	£10,147	£10,147	472.3	0
31/10/20		£3,742	£225	£3,517	£0	£6,309	£6,309	337.1	0
31/10/19		£538	£240	£298	£0	£2,792	£2,792	139.7	0
31/10/18	*	£120	£281	£-161	£0	£0	£0	n/a	0
31/10/17		£2,708	£304	£2,404	£0	£2,655	£2,655	104.9	0
31/10/16		£585	£63	£522	£0	£251	£251	48	0
31/10/15		£1	£216	£-215	£0	£0	£0	n/a	0
31/10/14		£0	£58	£-58	£0	£0	£0	n/a	0
31/10/13		£0	£130	£-130	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 21%
Liabilities/Income: 204%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 181.6 months
Net Current Assets/Spending: -1 months
Quick Ratio: 0

Asset Split ?

Established: 11 years

www.mactrust.org.uk

info@mactrust.org.uk

07966398059

Charity Commission for England and Wales

Listed activities

Arts/Culture/Heritage/Science
Economic/Community Development/Employment
Education/Training
General Charitable Purposes
Recreation

GiG Classification

Museums, parks, historical sites

How it operates

Acts as an umbrella or resource body
Provides buildings/facilities/open space
Provides services

Where it operates

Sunderland,

Who it helps

The General Public/Mankind

Who works here?

1 employee

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

Garfield Weston Foundation	£350,000
The Foyle Foundation	£100,000
Wolfson Foundation	£80,000
National Lottery Heritage Fund	£18,500

Specific Donations

Amount	When Months	To be used for
The Foyle Foundation - Arts
£100,000	29/07/2020	towards phase two of the Fire Station project: the creation of a new mid-scale auditorium
Wolfson Foundation - Grant to Sunderland Music Arts and Culture Trust
£80,000	11/06/2020	Fire Station auditorium - joint application with Sunderland Culture
National Lottery Heritage Fund - Grant to MAC Trust
£18,500	03/06/2020	COVID19 Sunderland Music, Arts and Culture Trust
Garfield Weston Foundation - Major Grants award
£350,000	16/10/2019	Sunderland Fire Station Auditorium
National Lottery Community Fund - Sunderland and South Tyneside Older Peoples Social Engagement Project
£4,750	26/07/2017 12	This is a project by an organisation in Sunderland serving people in Sunderland and South Tyneside. The project will provide a befriending support service and creative, social and exercise activities ....more This is a project by an organisation in Sunderland serving people in Sunderland and South Tyneside. The project will provide a befriending support service and creative, social and exercise activities for vulnerable older people to reduce their isolation and help them become active in their communities.
National Lottery Heritage Fund - Grant to MAC Trust
£2,734,400	18/11/2014	The Fire Station, Sunderland

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

Age Range of Trustees: 41-71

ANNE MARIE NIXON Appointed: 2012, Occupation: Chief Executive

JOHN DENNIS MOWBRAY (Chair) Appointed: 2012, Occupation: Director, Other trusteeships: Sunderland Empire Theatre Trust, RYHOPE ENGINES TRUST,

PAUL MICHAEL CALLAGHAN CALLAGHAN Appointed: 2012, Occupation: Chairman The Leighton Group

ROBERT WILLIAM LAWSON Appointed: 2012, Occupation: Editor, Other trusteeship: SOUTHPAW DANCE PRODUCTIONS,

ROSS MILLARD Appointed: 2015, Occupation: Musician

GRAEME THOMPSON Appointed: 2015, Occupation: University Dean, Other trusteeships: Sunderland Empire Theatre Trust, YORKSHIRE FILM ARCHIVE, THE CULTURAL SPRING,

Legal constitution

Charitable company registered in England & Wales on 07/02/2013, number: 1150733
Registered at Companies House on 12/10/2012, number: 08251877

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

10 returns made; AR18: 59 days late,

Main office

The Sunderland Music Arts and Culture Trust
The Fire Station
High Street West
Sunderland
Tyne and Wear
SR1 3HA

Objectives

THE CHARITY'S OBJECTS (OBJECTS) ARE FOR THE BENEFIT OF THE PUBLIC GENERALLY AND IN PARTICULAR THE INHABITANTS OF SUNDERLAND AND ITS SURROUNDING AREAS:3.1 TO PROMOTE URBAN OR RURAL REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION, PARTICULARLY IN SUNDERLAND AND ITS SURROUNDING AREAS, BY ANY OR ALL OF THE FOLLOWING MEANS:3.1.1 THE MAINTENANCE, IMPROVEMENT OR PROVISION OF PUBLIC AMENITIES;3.1.2 THE PRESERVATION OF BUILDINGS OR SITES OF HISTORIC OR ARCHITECTURAL IMPORTANCE;3.1.3 THE PROVISION OF RECREATIONAL FACILITIES FOR THE PUBLIC AT LARGE OR FOR THOSE WHO BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, FINANCIAL HARDSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES HAVE NEED OF SUCH FACILITIES;3.1.4 SUCH OTHER MEANS MEANS AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE;3.2 TO ADVANCE THE EDUCATION OF THE PUBLIC IN SCIENCE, ENGINEERING, HISTORY AND CULTURAL HERITAGE BY:3.2.1 THE ESTABLISHMENT AND MAINTENANCE OF A MUSEUM OF SCIENCE AND INDUSTRY;3.2.2 THE ESTABLISHMENT AND MAINTENANCE OF AN ACCESSIBLE ARCHIVES SERVICE;3.2.3 SUCH OTHER MEANS AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE;3.3 TO ADVANCE THE ARTS (INCLUDING MUSIC, MUSIC THEATRE, DRAMA, DECORATIVE AND VISUAL ARTS, DANCE, BALLET, CIRCUS, POETRY, MUSIC HALL, COMEDY AND VARIETY PERFORMANCE) AND THE EDUCATION OF THE PUBLIC IN THE ARTS BY:3.3.1 THE ESTABLISHMENT AND MAINTENANCE OF AN ARTS VENUE AND THE PRESENTATION, PRODUCTION AND COMMISSIONING OF PUBLIC CONCERTS, PLAYS, SHOWS, PERFORMANCES AND OTHER DEMONSTRATIONS OF THE ARTS AT THE SAID VENUE AND ELSEWHERE;3.3.2 SUCH OTHER MEANS AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE;3.4 FOR SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.

Data Sources