What is the financial size of KENT MUSIC?

KENT MUSIC is classified as a large charity. In the latest financial year, they reported a total income of £4,773,501 and total expenditure of £3,225,666.

How does KENT MUSIC allocate its spending?

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.8%).

What is the workforce structure of KENT MUSIC?

KENT MUSIC employs 126 staff members and is supported by 0 volunteers.

Does KENT MUSIC receive government funding?

Yes. Approximately 77.4% of their income comes from government grants or contracts.

Does KENT MUSIC pay its trustees?

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

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KENT MUSIC

#1110639

Charitable company•Large•Registered

www.kent-music.com

Kent music is the lead partner for the music education hub for kent. We provide instrumental & vocal tuition, ensembles, choirs and groups for children, young people & adults, bespoke support to schools, a financial assistance scheme to support children & young people on low incomes and a musical instrument service.

Registered address

Kent Music, Unit 25-26, Creative Enterprise Quarter, Javelin Way, ASHFORD, TN24 8FN

Latest HighlightsFY 2024

Income

All sources

£4,773,501

Expenditure

All activities

£3,225,666

Net Reserves

Unrestricted funds

£1,699,856

Total Assets

Gross assets

£6,095,954

Working Capital

Liquidity

£1,454,895

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:

Reserve Runway

6.3 months

Median: 3.8 monthsAround typical

Income Growth (1yr)

12.8%

Median: 7.4%Around typical

Spending Efficiency

100.0%

Median: 97.8%Around typical

Income Concentration

157.4%

Median: 87.9%Below typical

Fundraising ROI

N/A

Median: 19.2xUnknown

Income Volatility

12.2%

Median: 20.6%Around typical

Self-Generated Income

99.7%

Median: 82.9%Top quartile

3-Year Income CAGR

17.1%

Median: 7.8%Top quartile

Efficiency & Health

Charitable Spending

100%

Fundraising Eff.

% income retained

N/A

Governance Cost

% of expenditure

0.5%

Grant Making

% given away

Debt Ratio

% of assets

7.1%

Survival Ratio

Months of reserves

6.3 months

Income Profile

Donations & Legacies

% of income

0.3%

Government Reliance

% of income

77.4%

Largest Source

Primary income

Charitable Activities

Diversification

HHI: 15742

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

12.8%↑

Income CAGR (3yr)

Compound growth

17.1%

Volatility

Stable

12.2%

Reserves Trend

Direction

Building

Governance

Employees

Staff count

126

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

0:1

Revenue/Employee

Per head

£37,885

Trustee Benefits

Payments to trustees

High Earners

Earning over £60k

0.8%

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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