What is the financial size of GREENWICH MUSIC SCHOOL?

GREENWICH MUSIC SCHOOL is classified as a medium charity. In the latest financial year, they reported a total income of £548,943 and total expenditure of £537,935.

How does GREENWICH MUSIC SCHOOL allocate its spending?

For every pound spent, approximately 97.6% goes directly to charitable activities. The remaining 2.4% is spent on raising funds and administration.

What is the workforce structure of GREENWICH MUSIC SCHOOL?

GREENWICH MUSIC SCHOOL employs 2 staff members and is supported by 1 volunteers.

Does GREENWICH MUSIC SCHOOL receive government funding?

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Does GREENWICH MUSIC SCHOOL pay its trustees?

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

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GREENWICH MUSIC SCHOOL

#1176649

CIO•Medium•Registered

https://greenwichmusicschool.org.uk

Greenwich music school is a centre of excellence in music education, delivering lessons to children and adults through a range of instrument and voice lessons, group courses and ensembles, an early years department, professional training and special projects. Gms delivers training for music teachers, and advocates for the value of learning music.

Registered address

VANBRUGH STUDIO, 137 VANBRUGH HILL, GREENWICH, LONDON, SE10 9HP

Latest HighlightsFY 2024

Income

All sources

£548,943

Expenditure

All activities

£537,935

Net Reserves

Unrestricted funds

£0

Total Assets

Gross assets

£134,706

Working Capital

Liquidity

£-97,787

Benchmark Performance

Comparing against 42,435 similar medium charities

Compare vs:

Reserve Runway

0.0 months

Median: 4.3 monthsBelow typical

Income Growth (1yr)

N/A

Median: 1.4%Unknown

Spending Efficiency

97.6%

Median: 98.5%Around typical

Income Concentration

98.3%

Median: 86.5%Around typical

Fundraising ROI

50.9x

Median: 22.7xAround typical

Income Volatility

N/A

Median: 17.9%Unknown

Self-Generated Income

99.1%

Median: 41.9%Top quartile

3-Year Income CAGR

N/A

Median: 1.6%Unknown

Efficiency & Health

Charitable Spending

97.6%

Fundraising Eff.

% income retained

50.9%

Governance Cost

% of expenditure

1.3%

Grant Making

% given away

Debt Ratio

% of assets

142.1%

Survival Ratio

Months of reserves

0 months

Income Profile

Donations & Legacies

% of income

0.9%

Government Reliance

% of income

Largest Source

Primary income

Charitable Activities

Diversification

HHI: 9830

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

N/A

Income CAGR (3yr)

Compound growth

N/A

Volatility

Stable

N/A

Reserves Trend

Direction

Depleting

Governance

Employees

Staff count

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

0.5:1

Revenue/Employee

Per head

£274,472

Trustee Benefits

Payments to trustees

High Earners

Earning over £60k

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

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