What is the financial size of B:MUSIC LTD?

B:MUSIC LTD is classified as a major charity. In the latest financial year, they reported a total income of £12,370,476 and total expenditure of £12,907,452.

How does B:MUSIC LTD allocate its spending?

For every pound spent, approximately 87.8% goes directly to charitable activities. The remaining 12.2% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.2%).

What is the workforce structure of B:MUSIC LTD?

B:MUSIC LTD employs 244 staff members and is supported by 0 volunteers.

Does B:MUSIC LTD receive government funding?

To a small extent. Approximately 12.1% of their income comes from government grants or contracts.

Does B:MUSIC LTD pay its trustees?

Yes, the latest data indicates that one or more trustees receive payments or personal benefits from the charity.

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B:MUSIC LTD

#1053937

Charitable company•Major•Registered

www.bmusic.co.uk

(1) to promote and present concert performances of classical, popular and contemporary music, complementary to those of the city of birmingham symphony orchestra (cbso) and of world-class calibre,(2) to educate the public by promoting, fostering and encouraging the knowledge, understanding and appreciation of the arts, particularly music, providing an education programme for this purpose.

Registered address

B:Music Ltd, Symphony Hall, 8 Centenary Square, Birmingham, B1 2EA

Latest HighlightsFY 2024

Income

All sources

£12,370,476

Expenditure

All activities

£12,907,452

Net Reserves

Unrestricted funds

£1,453,041

Total Assets

Gross assets

£21,014,964

Working Capital

Liquidity

£401,818

Benchmark Performance

Comparing against 1,903 similar major charities

Compare vs:

Reserve Runway

1.4 months

Median: 3.6 monthsAround typical

Income Growth (1yr)

1.8%

Median: 8.2%Around typical

Spending Efficiency

87.8%

Median: 97.2%Around typical

Income Concentration

65.8%

Median: 87.1%Around typical

Fundraising ROI

7.9x

Median: 27.3xAround typical

Income Volatility

30.9%

Median: 13.4%Below typical

Self-Generated Income

98.6%

Median: 92.1%Around typical

3-Year Income CAGR

9.0%

Median: 8.7%Around typical

Efficiency & Health

Charitable Spending

87.8%

Fundraising Eff.

% income retained

7.9%

Governance Cost

% of expenditure

0.2%

Grant Making

% given away

Debt Ratio

% of assets

33.6%

Survival Ratio

Months of reserves

1.4 months

Income Profile

Donations & Legacies

% of income

1.4%

Government Reliance

% of income

12.1%

Largest Source

Primary income

Charitable Activities

Diversification

HHI: 6576

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

1.8%↑

Income CAGR (3yr)

Compound growth

9.0%

Volatility

High Volatility

30.9%

Reserves Trend

Direction

Building

Governance

Employees

Staff count

244

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

0:1

Revenue/Employee

Per head

£50,699

Trustee Benefits

Payments to trustees

Yes

High Earners

Earning over £60k

1.2%

Source: Charity Commission annual returns. Figures may differ from published accounts. Always verify with official charity filings for due diligence.

Charts

Income vs Expenditure

Income Sources

Assets vs Liabilities

5 Year Trend

Workforce Scale

Employees & Volunteers

Frequently Asked Questions

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