What is the financial size of NATIONAL MUSEUM OF WALES?

NATIONAL MUSEUM OF WALES is classified as a major charity. In the latest financial year, they reported a total income of £49,569,000 and total expenditure of £46,930,000.

How does NATIONAL MUSEUM OF WALES allocate its spending?

For every pound spent, approximately 86.8% goes directly to charitable activities. The remaining 13.2% 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 NATIONAL MUSEUM OF WALES?

NATIONAL MUSEUM OF WALES employs 733 staff members and is supported by 821 volunteers.

Does NATIONAL MUSEUM OF WALES receive government funding?

Yes. Approximately 84.6% of their income comes from government grants or contracts.

Does NATIONAL MUSEUM OF WALES 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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NATIONAL MUSEUM OF WALES

#525774

Other•Major•Registered

www.museumwales.ac.uk

We operate 7 free-entry museums across wales, plus the national collections centre, to further our core objective of 'the advancement of the education of the public' in the fields of science, art, industry, history and culture.

Registered address

National Museum Wales, Cathays Park, Cardiff, CF10 3NP

Latest HighlightsFY 2024

Income

All sources

£49,569,000

Expenditure

All activities

£46,930,000

Net Reserves

Unrestricted funds

£7,544,000

Total Assets

Gross assets

£184,880,000

Working Capital

Liquidity

£1,470,000

Benchmark Performance

Comparing against 1,903 similar major charities

Compare vs:

Reserve Runway

1.9 months

Median: 3.6 monthsAround typical

Income Growth (1yr)

20.9%

Median: 8.2%Top quartile

Spending Efficiency

86.8%

Median: 97.2%Around typical

Income Concentration

142.1%

Median: 87.1%Below typical

Fundraising ROI

8.0x

Median: 27.3xAround typical

Income Volatility

13.1%

Median: 13.4%Around typical

Self-Generated Income

91.4%

Median: 92.1%Around typical

3-Year Income CAGR

13.0%

Median: 8.7%Around typical

Efficiency & Health

Charitable Spending

86.8%

Fundraising Eff.

% income retained

8.0%

Governance Cost

% of expenditure

2.2%

Grant Making

% given away

Debt Ratio

% of assets

5.1%

Survival Ratio

Months of reserves

1.9 months

Income Profile

Donations & Legacies

% of income

4.2%

Government Reliance

% of income

84.6%

Largest Source

Primary income

Government

Diversification

HHI: 14207

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

20.9%↑

Income CAGR (3yr)

Compound growth

13.0%

Volatility

Stable

13.1%

Reserves Trend

Direction

Depleting

Governance

Employees

Staff count

733

Volunteers

Volunteer count

821

Volunteer Ratio

Per staff member

1.1:1

Revenue/Employee

Per head

£67,625

Trustee Benefits

Payments to trustees

Yes

High Earners

Earning over £60k

3.1%

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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