Finance Score: -2

Governance Score: 5

Support Score: 8

Deficit latest year: -2

12+ Trustees: -1
Good trustee age range: +3
Gender balanced board: +3

Grant maker support: +8

Overall GiG Score: 11

SHEFFIELD MUSEUMS TRUST

The advancement of education by the establishment and maintenance of museums and galleries in Sheffield. The care, management, display and development of collections including the collection of Sheffield City Council.

Analysis by Giving is Great

Positives:

The charity has received backing from multiple prominent grant makers including the Government recently
The Board appears to be well diversified in terms of age and gender

Regulatory & Governance issues to consider:

There are 13 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

Income was lower than spending in the latest year

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		£4,338	£5,239	£-901	£656	£10,142	£2,335	5.3	123	228
31/03/22		£4,247	£5,215	£-968	£552	£9,988	£1,530	3.5	100	183

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 20%
Fundraising Costs/Total Spending: 12.5%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 8%
Liabilities/Income: 20%
Unrestricted Funds/Total Funds: 23%
Reserves/Spending: 5.3 months
Net Current Assets/Spending: 4 months
Quick Ratio: 5.1

Asset Split ?

Established: 3 years

www.sheffieldmuseums.org.uk

info@sheffieldmuseums.org.uk

01142782600

Charity Commission for England and Wales

Listed activities

Arts/Culture/Heritage/Science

GiG Classification

Other education services

How it operates

Provides buildings/facilities/open space

Where it operates

Sheffield City,

Who it helps

The General Public/Mankind

Who works here?

123 employees
228 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	£1,016,400
National Lottery Heritage Fund	£235,000
Wolfson Foundation	£0

Specific Donations

Amount	When Months	To be used for
National Lottery Heritage Fund - Grant to Sheffield Museums Trust
£235,000	05/06/2023	Embrace Abbeydale II
Wolfson Foundation - Grant to Sheffield Museums Trust
£0	07/12/2022	'More to See' at Kelham Island Museum. Grant of £22,500 under DCMS Wolfson Museums and Galleries Improvement Fund (round 14, grant ref. 21866). (WF contributing 50% of total grant of £45,000).
DCMS - Small Capital Grants
£94,488	16/07/2021	Open access programme to support the capital development of the arts and culture infrastructure.
DCMS - National Portfolio Organisations
£814,720	31/03/2021	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 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 everyone of us has access to a remarkable range of high quality cultural experiences. Between 2018 and 2022, we will invest £1.45 billion of public money from government and an estimated £860 million from the National Lottery to help deliver this vision.
DCMS - Culture Recovery Fund - Grants programme
£47,730	31/03/2021	Financial support for cultural organisations that were financially stable before Covid-19, but were at imminent risk of failure.
DCMS - Culture Recovery Fund - Grants programme
£50,000	31/03/2021	Financial support for cultural organisations that were financially stable before Covid-19, but were at imminent risk of failure.
DCMS - Culture Recovery Fund - Grants programme
£9,462	31/03/2021	Financial support for cultural organisations that were financially stable before Covid-19, but were at imminent risk of failure.

Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)

Current Trustees appointed

Gender Split

Age Range of Trustees: 34-76

CATHERINE MARY MCDONALD Appointed: 2022, Occupation: Business Person

DARREN CHOUINGS Appointed: 2021, Occupation: Business Incubation Manager

IMOGEN MARY SUGRUE GAMESTER Appointed: 2023, Occupation: It Change Enablement Manager

JAMES ROBINSON FSA Appointed: 2021

LINDSEY TYSON-GREEN Appointed: 2021, Occupation: Museum Consultant

RICHARD MCGLOIN Appointed: 2021, Occupation: Retired

ROGER NOEL DAVISON Appointed: 2022, Occupation: Councillor

STEPHAN HOLLINGSHEAD Appointed: 2023, Occupation: Accountant

DR JULIE PATRICIA BANHAM Appointed: 2023, Occupation: Trustee, Other trusteeships: FEOFFEE ESTATE, BRADFIELD FESTIVAL OF MUSIC ASSOCIATION, ASSOCIATION OF FESTIVAL CHURCHES,

NEIL ANDREW MACDONALD (Chair) Appointed: 2020, Occupation: Director And Trustee, Other trusteeships: THE FRESHGATE TRUST FOUNDATION, THE COMBINED CUTLERS COMPANY CHARITABLE TRUST, United Learning LTD,

MARTIN SINGER Appointed: 2021, Occupation: Manager, Other trusteeship: Age UK Rotherham Limited,

MAXINE GREAVES Appointed: 2021, Occupation: Equality & Community Engagement, Academic Developm, Other trusteeship: SOAR COMMUNITY,

PATRICK ABEL Appointed: 2021, Occupation: Accountant, Other trusteeship: 7 HILLS LEISURE TRUST,

Legal constitution

Charitable company registered in England & Wales on 08/04/2021, number: 1194032
Registered at Companies House on 04/12/2020, number: 13063156

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

2 returns made; all on time

Main office

Leader House
Surrey Street
S1 2LH

Objectives

TO ADVANCE EDUCATION BY THE ESTABLISHMENT AND MAINTENANCE OF MUSEUMS AND ART GALLERIES FOR THE BENEFIT OF THE PUBLIC IN PARTICULAR IN THE FIELDS OF SOCIAL AND INDUSTRIAL HISTORY, SCIENCE AND ENGINEERING, DESIGN, TECHNOLOGY, VISUAL ARTS AND CRAFTS AND NATURAL SCIENCES IN PARTICULAR BUT NOT EXCLUSIVELY BY:A THE ACQUISITION, OWNERSHIP, PRESERVATION, PROTECTION, RESTORATION, IMPROVEMENT, ENHANCEMENT AND MAINTENANCE OF ITEMS AND FEATURES OF ARTISTIC, SCIENTIFIC, HISTORICAL AND INDUSTRIAL INTEREST FOR THE PUBLIC BENEFIT;B THE CARE, MANAGEMENT, DISPLAY AND DEVELOPMENT OF:I THE COLLECTIONS OF THE SHEFFIELD CITY COUNCIL;II THE ART COLLECTION OF THE MAPPIN TRUST;III THE COLLECTION OF THE GUILD OF ST GEORGE;IV THE COLLECTION OF THE KEN HAWLEY COLLECTION TRUST; ANDV COLLECTIONS OF ANY OTHER PERSON OR BODY TO AN EXTENT CONSISTENT WITH THE OBJECTS OF THE CHARITY

Data Sources