Finance Score: -1
Governance Score: 3
Support Score: 8
  • Volatile income
  • spending growth: -1
  • Dynamic board: +3
  • Grant maker support: +8
Overall GiG Score: 10 ?

GAINSBOROUGH'S HOUSE SOCIETY 

Gainsborough's House aim is to promote the wider knowledge, apprecaition and enjoyment of the art of Thomas Gainsborough within the context of the eighteenth century and the inspiration of the Suffolk landscape and to preserve and enhance Gainsborough's House and its collections for the benefit of present and future generations.
Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently
  • There have been no material income shortfalls in recent years
  • The Board appears to be dynamic in terms of composition

Financial issues to consider:

  • Income has been volatile recently but spending has been maintained

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£1,975£2,206£-231£204£11,541£9845.419250
31/03/22£3,676£3,262£414£59£11,026£8,73832.19200
31/03/21£3,105£2,751£354£38£11,596£9,3974113200
31/03/20£1,388£1,355£33£117£11,098£9,16881.213200
31/03/19£2,028£984£1,044£159£11,172£9,165111.815200
31/03/18£1,962£1,156£806£224£10,101£9,14795170

Financial Ratios
Fundraising Costs/Relevant Income: 11.4%
Fundraising Costs/Total Spending: 9.5%
Senior Staff Costs/Total Spending: 6%
Highest pay band: £110,000-£120,000
Liabilities/Assets: 0%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 9%
Reserves/Spending: 5.4 months
Net Current Assets/Spending: 4 months
Quick Ratio: 5.6
Asset Split ?
Established: 8 years

www.gainsborough.org

terry@gainsborough.org

01787372958

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
  • Environment/Conservation/Heritage
GiG Classification
  • Museums, parks, historical sites
How it operates
  • Other charitable activities
  • Provides buildings/facilities/open space
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Throughout England,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • People With Disabilities
  • The General Public/Mankind
Who works here?
  • 19 employees
  • 250 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£364,219
The Foyle Foundation£50,000
Garfield Weston Foundation£40,000
Specific Donations
Amount When
Months
To be used for
DCMS - Culture Recovery Fund: Emergency Resource Support
£175,733 21/02/2022
This fund aims to provide emergency funding awards to culturally significant organisations that were financially sustainable before Covid-19 but are now at imminent risk of failure and have exhausted ....more
The Foyle Foundation - Learning (MGS)
£50,000 11/02/2021
towards the capital project shortfall caused by an increase in costs due to COVID-19 (awarded grant in response to coronavirus)
DCMS - Cultural Capital Kickstart Fund
£28,822 01/04/2020
To support Arts and Culture throughout England
DCMS - Gainsborough's House: Creating and Securing Regeneration through Culture
£121,164 01/04/2020
To support Arts and Culture throughout England
Garfield Weston Foundation - Multi-Year Grant (2 Years) award
£40,000 11/09/2019
Gainsborough's House Revenue Support
DCMS - Saving the Joseph Mahoon Double-Manual Harpsichord for the Nation
£38,500 23/07/2019
Saving the Joseph Mahoon Double-Manual Harpsichord for the Nation
Wolfson Foundation - Grant to Gainsborough's House, Suffolk
£100,000 04/12/2017
Drawings Gallery in redeveloped museum
Andrew Lloyd Webber Foundation - Grant to Gainsborough's House
£49,954 07/11/2017
36
Five apprenticeships
National Lottery Heritage Fund - Grant to Gainsborough's House Society
£550,000 20/03/2017
Gainsborough’s Legacy: Securing Gainsborough’s House and the heritage of Thomas Gainsborough for future generations
National Lottery Heritage Fund - Grant to Gainsborough's House Society
£5,346,900 27/09/2016
Reviving an Artist’s Birthplace: A National Centre for Gainsborough
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)
Current Trustees appointed
Gender Split

Age Range of Trustees: 54-75
Legal constitution
  • Charitable company registered in England & Wales on 04/11/2016, number: 1170048
  • Registered at Companies House on 06/10/2016, number: 10413978
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
  • Volunteer management
Filing Record
6 returns made; all on time
Main office

GAINSBOROUGH HOUSE SOCIETY
GAINSBOROUGHS HOUSE
46-47 GAINSBOROUGH STREET
SUDBURY
CO10 2EU

Objectives

THE OBJECTS OF THE SOCIETY ARE:1. FOR PRESERVING GAINSBOROUGH’S HOUSE AS A MEMORIAL TO THE PAINTER THOMAS GAINSBOROUGH RA;2. FOR ADAPTING GAINSBOROUGH’S HOUSE AS AN ARTS CENTRE AND MUSEUM WITH SPACE FOR MEETINGS AND EXHIBITIONS OR OTHERWISE;3. FOR COLLECTING WORKS BY THOMAS GAINSBOROUGH RA AND ARTEFACTS RELATED TO HIM AND WORKS BY HIS CONTEMPORARIES, EAST ANGLIAN ARTISTS AND OTHERWISE (THE “COLLECTION”);4. FOR FURTHERING THE DEVELOPMENT OF THE ARTS AND TO ACHIEVE SOCIAL MORAL AND INTELLECTUAL DEVELOPMENT THROUGH THE MEDIUM OF INSTRUCTION IN THE ARTS BY WAY OF LECTURE CLASSES RECREATION AND ENTERTAINMENTS OR OTHERWISE AS MAY BE FOUND EXPEDIENT BY THE GOVERNORS FOR THE BENEFIT OF ALL PERSONS WHO MAY BE INTERESTED WITHOUT DISTINCTION OF RACE SEX POLITICAL RELIGIOUS OR OTHER OPINIONS SUBJECT TO THE PROVISIONS HEREOF.

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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