Finance Score: 3
Governance Score: 9
Support Score: 7
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +7
Overall GiG Score: 19 ?

MUSIC FOR YOUTH 

Music for Youth is a national music education charity providing free access to performance and audience opportunities for young musicians across the UK on some of the World's great stages in an atmosphere of celebration and peer endorsement.
Analysis by Giving is Great

Positives:

  • There have been no material income shortfalls in recent years
  • Fundraising costs are unusually low relative to funds raised
  • 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 gender and dynamic in terms of composition

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£745£644£101£5£369£1883.580
31/03/22£702£594£108£17£268£2685.480
31/03/21£641£572£69£27£159£1593.380
31/03/20£764£820£-56£6£91£911.3120
31/03/19*£837£881£-44£17£187£1872.5110
31/03/18£905£876£30£18£270£2703.7100
31/03/17£856£884£-28£24£263£2633.6100
31/03/16*£968£964£4£21£291£2913.6100
31/03/15£881£869£12£36£287£2874100
31/03/14£1,016£1,005£12£34£275£2753.3100
31/03/13£947£1,012£-65£58£263£2633.190
31/03/12£903£929£-27£60£329£3294.2110
31/03/11£950£947£3£61£355£3554.5100
31/03/10£905£863£43£55£352£3524.9100
31/03/09?*£1,058£925£133£102£309£307490
31/12/07£654£739£-85£120£176£1762.9100
31/12/06£843£895£-52£0£0£0n/a00
31/12/05£860£882£-22£0£0£0n/a00
31/12/04*£1,003£821£182£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0.7%
Fundraising Costs/Total Spending: 0.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 25%
Liabilities/Income: 16%
Unrestricted Funds/Total Funds: 51%
Reserves/Spending: 3.5 months
Net Current Assets/Spending: 7 months
Quick Ratio: 3
Asset Split ?
Established: 42 years

www.mfy.org.uk

mfy@mfy.org.uk

02077591830

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Amateur Sport
  • Arts/Culture/Heritage/Science
  • Education/Training
GiG Classification
  • Performing and visual arts
How it operates
  • Acts as an umbrella or resource body
  • Provides services
Where it operates
  • Northern Ireland, Scotland, Throughout England And Wales,
Who it helps
  • Children/Young People
Who works here?
  • 8 employees

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.

Specific Donations
Amount When
Months
To be used for
Backstage Trust - Project grant
£20,000 13/06/2022
National Music Festival for young performers
DCMS - Music for Young People - Performance Opportunities
£105,000 22/03/2022
This fund aims to support new opportunities for children and young people from areas of low cultural engagement and high levels of deprivation to design their own programme of workshops, events and ....more
DCMS - Culture Recovery Fund: Continuity Support
£90,000 22/10/2021
To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further ....more
DCMS - Music for Young People - Performance Opportunities
£105,000 23/03/2021
This fund aims to support new opportunities for children and young people from areas of low cultural engagement and high levels of deprivation to design their own programme of workshops, events and ....more
DCMS - National Portfolio Application 2018-22
£175,002 01/04/2020
The wider aim of the scheme is: 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 ....more
DCMS - Music for Youth
£109,000 01/04/2020
To support Arts and Culture throughout England
DCMS - MFY Restricted DFE grant 20/21
£105,000 01/04/2020
The wider aim of the scheme is: 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 ....more
Garfield Weston Foundation - Main Grants award
£50,000 28/11/2017
Music for Youth Development Programme
Birmingham City Council - Music For Youth Festival
£4,500 17/02/2016
MUSIC FOR YOUTH FESTIVAL; Arts and culture;
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (10)
Current Trustees appointed
Gender Split

Age Range of Trustees: 37-73
  • COLLIN HILLS Appointed: 2023, Occupation: Head Of Creative Development
  • SIMON BULL Appointed: 2020, Occupation: Company Director
Legal constitution
  • Charitable company registered in England & Wales on 24/11/1982, number: 285831
  • Registered at Companies House on 04/02/1982, number: 01611491
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
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
19 returns made; AR19: 301 days late, AR16: 0 days late, AR09: 34 days late, AR04: 15 days late,
Main office

CBSO
Berkley Street
BIRMINGHAM
B1 2LF

Objectives

TO ADVANCE THE EDUCATION OF THE PUBLIC AND ESPECIALLY YOUNG PEOPLE IN ALL BRANCHES OF THE ARTS AND IN PARTICULAR IN MUSIC.

Defined Area of Benefit:

NOT DEFINED

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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