Finance Score: -2

Governance Score: 6

Support Score: 8

Liabilities <10%: +3
Excess reserves: -5

Dynamic board: +3
Gender balanced board: +3

Large volunteers +3
Grant maker support: +5

Overall GiG Score: 12

THE DEVON AND EXETER INSTITUTION

The advancement of public education particularly in the History, Literature and Arts of the County of Devon, City of Exeter and of the South West of England generally and particularly by the provision and maintenance of a Library, Readiong Rooms and educational facilities and the advancement of heritage by the preservation of number 7 Cathedral Close Exeter for the public benefit.

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
The charity has received backing from several prominent grant makers recently
This charity has a robust balance sheet
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £1,914,831 available, equivalent to 130 months of spending and so may not be able to utilise additional funding

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
30/06/23	£971	£177	£794	£0	£3,663	£1,915	129.8	9	60
30/06/22	£1,069	£191	£878	£0	£2,828	£1,874	117.9	8	50
30/06/21	£164	£163	£2	n/a	n/a	n/a	n/a	n/a	25
30/06/20	£154	£157	£-4	n/a	n/a	n/a	n/a	n/a	50
30/06/19	£141	£168	£-27	n/a	n/a	n/a	n/a	n/a	50
30/06/18	£105	£230	£-126	£0	£0	£0	n/a	0	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: 0%
Liabilities/Income: 1%
Unrestricted Funds/Total Funds: 52%
Reserves/Spending: 129.8 months
Net Current Assets/Spending: 106 months
Quick Ratio: 2.8

Asset Split ?

Established: 7 years

www.devonandexeterinstitution.org

office@devonandexeterinstitution.org

07725801673

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training
Recreation

GiG Classification

Museums, parks, historical sites

How it operates

Acts as an umbrella or resource body
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services
Sponsors or undertakes research

Where it operates

Devon,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
Other Defined Groups
The General Public/Mankind

Who works here?

9 employees
60 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

National Lottery Heritage Fund	£221,000
The Pilgrim Trust	£20,000
Garfield Weston Foundation	£15,000

Specific Donations

Amount	When Months	To be used for
Garfield Weston Foundation - Main Grants award
£15,000	16/07/2021	Our Region Revealed: unlocking the potential of the Devon and Exeter Institution’s prints and drawings collection
National Lottery Heritage Fund - Grant to Devon & Exeter Institution Library & Reading Rooms
£35,000	12/06/2020	COVID19 Devon & Exeter Institution
National Lottery Heritage Fund - Grant to Devon & Exeter Institution Library & Reading Rooms
£186,000	04/03/2020	The Next Chapter; opening up to a wider range of people and building on change
The Pilgrim Trust - Grant to Devon and Exeter Institution
£20,000	29/05/2019 22	Our region revealed - Unlocking the treasure of the Devon and Exeter Institution illustration's collection
National Lottery Heritage Fund - Grant to Devon & Exeter Institution Library & Reading Rooms
£297,100	25/11/2014	Restoration of library roof, care of collections, interpretation and learning

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (10)

Current Trustees appointed

Gender Split

DR COLIN HIGGINS Appointed: 2021

HANNAH EMILY JONES Appointed: 2022

JENNIFER LOIUSE MCCRACKEN Appointed: 2023

PROF HENRY RICHARDS FRENCH Appointed: 2017

RICHARD TEMPLETON Appointed: 2018

RUTH O'NEALE Appointed: 2020

SARAH MITCHELL Appointed: 2023

SHANE JONATHON CORMIE Appointed: 2019

THOMAS ANDREW MARK STANIFORD Appointed: 2023

DR JUDITH MORGANE Appointed: 2021, Other trusteeship: DEVON & EXETER MEDICAL HERITAGE TRUST,

Legal constitution

Charity registered in England & Wales on 06/04/2017, number: 1172445

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
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
Trustee expenses policy and procedures
Volunteer management

Filing Record

6 returns made; all on time

Main office

DEVON & EXETER INSTITUTION
7 CATHEDRAL CLOSE
EXETER
EX1 1EZ

Objectives

THE OBJECTS OF THE CIO ARE THE ADVANCEMENT OF PUBLIC EDUCATION PARTICULARLY IN THE HISTORY, LITERATURE AND ARTS OF THE COUNTY OF DEVON, THE CITY OF EXETER AND OF THE SOUTH WEST OF ENGLAND GENERALLY AND PARTICULARLY BY THE PROVISION AND MAINTENANCE OF A LIBRARY, READING ROOMS AND EDUCATIONAL FACILITIES AND THE ADVANCEMENT OF HERITAGE BY THE PRESERVATION OF NUMBER 7 CATHEDRAL CLOSE, EXETER, FOR THE PUBLIC BENEFIT AS A BUILDING OF HISTORIC AND ARCHITECTURAL INTEREST AND VALUE.

Data Sources