What is the financial size of COVENTRY CITY OF CULTURE TRUST?

COVENTRY CITY OF CULTURE TRUST is classified as a major charity. In the latest financial year, they reported a total income of £19,158,348 and total expenditure of £20,678,068.

How does COVENTRY CITY OF CULTURE TRUST allocate its spending?

For every pound spent, approximately 99.6% goes directly to charitable activities. The remaining 0.4% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.2%).

What is the workforce structure of COVENTRY CITY OF CULTURE TRUST?

COVENTRY CITY OF CULTURE TRUST employs 108 staff members and is supported by 945 volunteers.

Does COVENTRY CITY OF CULTURE TRUST receive government funding?

Yes. Approximately 53.0% of their income comes from government grants or contracts.

Does COVENTRY CITY OF CULTURE TRUST pay its trustees?

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

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COVENTRY CITY OF CULTURE TRUST

#1165639

Charitable company•Major•RegisteredIn Administration

www.coventry2021.co.uk

Coventry city of culture trust been set up to oversee coventry's bid to be uk city of culture in 2021 and, if that is successful, to run the year of city of culture events in 2022 and 2023

Registered address

c/o Herbert Art Gallery & Museum, Jordan Well, COVENTRY, CV1 5QP

Latest HighlightsFY 2022

Income

All sources

£19,158,348

Expenditure

All activities

£20,678,068

Net Reserves

Unrestricted funds

£3,918,491

Total Assets

Gross assets

£5,661,336

Working Capital

Liquidity

£-2,033,345

Benchmark Performance

Comparing against 1,903 similar major charities

Compare vs:

Reserve Runway

2.3 months

Median: 3.6 monthsAround typical

Income Growth (1yr)

110.0%

Median: 8.2%Top quartile

Spending Efficiency

99.6%

Median: 97.2%Around typical

Income Concentration

100.0%

Median: 87.1%Below typical

Fundraising ROI

223.3x

Median: 27.3xTop quartile

Income Volatility

146.2%

Median: 13.4%Below typical

Self-Generated Income

16.8%

Median: 92.1%Below typical

3-Year Income CAGR

143.7%

Median: 8.7%Top quartile

Efficiency & Health

Charitable Spending

99.6%

Fundraising Eff.

% income retained

223.3%

Governance Cost

% of expenditure

Grant Making

% given away

0.7%

Debt Ratio

% of assets

57.6%

Survival Ratio

Months of reserves

2.3 months

Income Profile

Donations & Legacies

% of income

83.2%

Government Reliance

% of income

53.0%

Largest Source

Primary income

Donations & Legacies

Diversification

HHI: 9998

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

110.0%↑

Income CAGR (3yr)

Compound growth

143.7%

Volatility

High Volatility

146.2%

Reserves Trend

Direction

Building

Governance

Employees

Staff count

108

Volunteers

Volunteer count

945

Volunteer Ratio

Per staff member

8.8:1

Revenue/Employee

Per head

£177,392

Trustee Benefits

Payments to trustees

High Earners

Earning over £60k

7.4%

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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