Finance Score: 2

Governance Score: 9

Support Score: 6

Volatile income
spending growth: -1
Fundraising costs low: +3
No PartB

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

Grant maker support: +6

Overall GiG Score: 17

RED NOTE ENSEMBLE LTD

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
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

Income has been volatile recently but spending has been maintained

Established: 10 years
(15 years as a company)

www.rednoteensemble.com

Financial Data

Income & Spending ?

Period ending	31/03/18	31/03/19	31/03/20	31/03/21	31/03/22	31/03/23
Charitable activities	£58,211	£74,401	£47,222	£4,935		£25,166
Donations & Legacies	£237,454	£323,427	£256,600	£270,566		£265,000
Other Income	£20,078	£10,245	£16,527	£2,643		£10,084
Investment Income
Total income	£315,743	£408,073	£320,349	£278,144	£387,492	£300,250
Charitable activities spending	£424,230	£295,022	£265,017	£225,538		£359,487
Fundraising costs	2%	1%	1%	1%	0%	1%
Other spending
Total spending	£430,670	£297,594	£269,226	£227,814	£421,805	£363,687
Surplus/deficit	-£114,927	£110,479	£51,123	£50,330	-£34,313	-£63,437

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Listed activities

It carries out activities or services itself

Purposes

The advancement of education
The advancement of the arts, heritage, culture or science

Where it operates

Scotland and other parts of the UK, main operating location: City of Edinburgh

Who it helps

Children or young people
No specific group, or for the benefit of the community

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
Fenton Arts Trust - Grant to Red Note Ensemble
£4,000	01/07/2021	The Engaged Composer programme will train 10 early career composers to run inspiring projects with community groups.
Paul Hamlyn Foundation - New Music Makers
£60,000	14/10/2019 24	To nurture students' creative talent, confidence and skills in composition in secondary schools in Scotland and to provide continuing professional development for classroom and instrumental school ....more To nurture students' creative talent, confidence and skills in composition in secondary schools in Scotland and to provide continuing professional development for classroom and instrumental school teachers.
Robertson Trust - The Access, Engagement and Participation in Scottish Schools Project
£16,000	25/07/2017	The Access, Engagement and Participation in Scottish Schools Project
Esmee Fairbairn - Grant to Red Note Ensemble Ltd
£90,000	01/04/2015 36	Towards core costs to support audience development and engagement with contemporary music across Scotland.
Esmee Fairbairn - Grant to Red Note Ensemble Ltd
£60,000	05/05/2010 36	Towards Unrestricted core costs Towards core costs of the artistic programme.

Data sourced from Donors via 360 Giving

How is it governed?

Directors (10)

Current Directors appointed

Gender Split

Age Range of Directors: 30-72

CONINX, Stefaan Frans Marie Cornelius
Appointed: 2022
Occupation: Executive

DUNCAN, Fiona Lorne
Appointed: 2016
Occupation: Marketing Director

FLEMING, Alison
Appointed: 2021
Occupation: School Teacher

HARRIS, John Robert Gorrell
Appointed: 2009
Occupation: Musician

LEWIS, Daniel Lee
Appointed: 2024
Occupation: Music Publishing

MACLEOD, Isla Leanne
Appointed: 2024
Occupation: Head Of Marketing

SHIELDS, Lindsey Emma
Appointed: 2021
Occupation: Solicitor

SINCLAIR, David Archibald
Appointed: 2024
Occupation: Chartered Secretary

SMITH, Ian Duncan Charles
Appointed: 2018
Occupation: Retired Musician And Administrator

SWEENEY, Lynn
Appointed: 2024
Occupation: Community Safety Advocate

Legal constitution

Charity registered in Scotland on 04/08/2014, number: SC045030
Registered at Companies House on 27/02/2009, number: SC355726

Filing Record

5 returns made; all on time

Main office

Rm 136, Artists Block, Summerhall, 1, Summerhall Place, Edinburgh, EH9 1PL

Objectives

the company's objects are to advance both the arts and culture and the education of the public through the promotion, understanding, appreciation and development of music and music theatre, including in particular (but without limitation) music composed since 1900, such to be undertaken primarily, but not exclusively, within Scotland.

Data Sources