Finance Score: 5

Governance Score: 6

Support Score: 5

Poor Liquidity: -1
Good reserves management: +3
Fundraising costs low: +3

Good trustee age range: +3
Dynamic board: +3

Grant maker support: +5

Overall GiG Score: 16

ACADEMY OF ST MARTIN IN THE FIELDS

The principal activities of the charity during the year were the promotion and advancement of musical education for public benefit, and the support of the practice and performance of chamber orchestra music by the giving of public concerts.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
Reserves management has been consistently within official guidelines
There have been no material income shortfalls in recent years
Fundraising costs are low relative to funds raised
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Financial issues to consider:

Liquidity appears to have been slender at the latest year end

Established: 40 years

www.asmf.org

info@asmf.org

02077021377

Charity Commission for England and Wales

Tweets

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
31/08/22	*	£2,665	£2,575	£90	£131	£833	£827	3.9	9
31/08/21		£1,024	£1,075	£-52	£135	£736	£736	8.2	9
31/08/20		£2,810	£2,808	£2	£176	£788	£725	3.1	9
31/08/19		£2,262	£2,368	£-106	£148	£786	£786	4	10
31/08/18		£4,027	£3,206	£821	£177	£891	£885	3.3	9
31/08/17		£2,845	£2,887	£-42	£151	£71	£60	0.3	11
31/08/16		£3,469	£3,540	£-71	£160	£112	£59	0.2	13
31/08/15	*	£2,711	£2,609	£102	£186	£183	£74	0.3	10
31/08/14		£3,014	£3,094	£-79	£273	£81	£76	0.3	8
31/08/13		£2,606	£2,684	£-78	£121	£161	£149	0.7	7
31/08/12		£2,804	£2,822	£-17	£111	£242	£219	0.9	8
31/08/11		£1,973	£1,972	£2	£84	£259	£248	1.5	8
31/08/10		£2,388	£2,289	£100	£52	£258	£252	1.3	6
31/08/09		£1,388	£1,463	£-75	£51	£158	£144	1.2	6
31/08/08		£1,662	£1,784	£-122	£38	£233	£223	1.5	5
31/08/07	*	£2,236	£2,153	£84	£37	£355	£335	1.9	4
31/08/06		£1,603	£1,406	£197	£0	£0	£0	n/a	0
31/08/05		£1,259	£1,185	£74	£0	£0	£0	n/a	0
31/08/04		£2,019	£2,139	£-120	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 5.7%
Fundraising Costs/Total Spending: 5.1%
Senior Staff Costs/Total Spending: 7%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 25%
Liabilities/Income: 10%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 3.9 months
Net Current Assets/Spending: 4 months
Quick Ratio: 0

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science
Education/Training

How it operates

Other charitable activities
Provides services

Where it operates

Australia, Austria, Canada, China, France, Germany, Hungary, Japan, Luxembourg, Macau, Netherlands, Poland, South Korea, Switzerland, Throughout London, United States,

Who it helps

Children/Young People
Elderly/Old People
Other Defined Groups
People With Disabilities
The General Public/Mankind

Who works here?

9 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.

Major supporters in last 5 years

DCMS	£110,000
Garfield Weston Foundation	£25,000
City Bridge Trust	£10,000
Sir Jules Thorn Charitable Trust	£1,000

Specific Donations

Amount	When Months	To be used for
Sir Jules Thorn Charitable Trust - Academy of St Martin in the Fields - 25/05/21
£1,000	23/06/2021	Connections: autumn 2021
City Bridge Trust - Grant to Academy of St Martin in the Fields
£10,000	04/05/2020	A grant of £10,000 to fund the essential and urgent costs outlined in the application, so that the organisation can carry on providing support to Londoners.
DCMS - Academy of St Martin in the Fields, Spring 2021
£110,000	01/04/2020	To support Arts and Culture throughout England
Garfield Weston Foundation - Main Grants award
£25,000	29/05/2019	Academy of St Martin in the Fields
The Rayne Foundation - Grant to Academy Concerts Society
£10,000	29/05/2018 12	Towards the creation of an integenerational orchestra in Newham for older and younger learners to epxlore classical music together.
Garfield Weston Foundation - Main Grants award
£30,000	28/11/2017	Academy of St Martin in the Fields

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (12)

Current Trustees appointed

Age Range of Trustees: 41-68

DR ANDREW JOHN MACKINTOSH Appointed: 2023, Occupation: Chair Person

GARY ALAN POWELL Appointed: 2021, Occupation: Business Executive

ISABELLE MARIE NICOLE DESCHAMPS Appointed: 2023, Occupation: Legal Adviser

JENNIFER GODSON Appointed: 2024, Occupation: Musician

MARIE-ANNE PIERRETTE AYMERICH Appointed: 2021, Occupation: Business Executive

ROBERT JAMES DOW Appointed: 2019, Occupation: Chairman, Other trusteeship: THE DOW CLEWER FOUNDATION,

ROBERT PHILIP DURRANCE SMISSEN Appointed: 2023, Occupation: Musician

SARA LOUISE BOYES Appointed: 2021, Occupation: Business Executive

THE RIGHT HONOURABLE SIR PETER DAVID WILLIAM COULSON Appointed: 2019, Occupation: Lord Justine Of Appeal

THOMAS DAVID LESSELS Appointed: 2021, Occupation: Musician

WILLIAM O' SULLIVAN Appointed: 2018

MARTIN ERNST FRAENKEL (Chair) Appointed: 2021, Occupation: Business Executive, Other trusteeship: CAMDEN MUSIC TRUST,

Legal constitution

Charitable company registered in England & Wales on 27/04/1984, number: 289294
Registered at Companies House on 12/04/1984, number: 01808488

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

19 returns made; AR22: 7 days late, AR15: 53 days late, AR07: 94 days late,

Main office

54 Dean St
Soho
W1D 6AF

Objectives

1. THE PROMOTION, MAINTENANCE, IMPROVEMENT AND ADVANCEMENT OF MUSICAL EDUCATION FOR THE DIFFUSION FOR THE PUBLIC BENEFIT OF INFORMATION ABOUT MUSIC AND THE EDUCATION OF THE PUBLICãS TASTE FOR MUSIC2. THE PROMOTION OR SUPPORT OF THE STUDY, PRACTICE AND PERFORMANCE OF CHAMBER ORCHESTRAL AND CHORAL MUSIC IN ALL THEIR ASPECTS BY THE GIVING OF PUBLIC CONCERTS3. WITH A VIEW TO PROVIDING THE PUBLIC WITH BETTER MUSICIANS AND CONDUCTORS, THE PROVISION OF GRANTS TOWARDS THE EDUCATION OF AND THE PROVISION OF SPECIAL PRIZES SCHOLARSHIPS OF AWARDS TO ANY ONE OR MORE PERSON(S) WHO MAY BE MUSICIANS OR STUDENTS OF MUSIC, PROFESSIONAL OR AMATEUR, AND WHOSE WORK OR STUDY SHALL BE DEVOTED WHOLLY OR PARTLY TO PLAYING OF ANY ORCHESTRAL INSTRUMENT OR THE CONDUCTING OF ANY ORCHESTRA OR CHOIR AS THE COUNCIL MAY IN ITS DISCRETION THINK FIT4. TO RELIEVE POVERTY AND FINANCIAL DISTRESS AMONGST MUSICIANS, CONDUCTORS, SINGERS OR OTHERS WHO HAVE BEEN ENGAGED IN THE PERFORMANCE, MANAGEMENT OR COMPOSITION OF MUSIC IN ALL ITS BRANCHES.

Defined Area of Benefit:

NATIONAL AND OVERSEAS

Data Sources