What is the financial size of ROYAL AIR FORCE MUSEUM?

ROYAL AIR FORCE MUSEUM is classified as a major charity. In the latest financial year, they reported a total income of £21,608,000 and total expenditure of £19,358,000.

How does ROYAL AIR FORCE MUSEUM allocate its spending?

For every pound spent, approximately 78.7% goes directly to charitable activities. The remaining 21.3% 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 ROYAL AIR FORCE MUSEUM?

ROYAL AIR FORCE MUSEUM employs 203 staff members and is supported by 386 volunteers.

Does ROYAL AIR FORCE MUSEUM receive government funding?

Yes. Approximately 62.7% of their income comes from government grants or contracts.

Does ROYAL AIR FORCE MUSEUM pay its trustees?

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

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ROYAL AIR FORCE MUSEUM

#1197541

Other•Major•Registered

www.rafmuseum.org.uk

Our purpose is to share the story of the royal air force, past, present and future, using the stories of its people and our collections, to engage, entertain, inspire and encourage learning. Our overall vision is to inspire everyone with the raf story, the people who shape it and its place in our lives.

Registered address

ROYAL AIR FORCE MUSEUM, GRAHAME PARK WAY, LONDON, NW9 5LL

Latest HighlightsFY 2024

Income

All sources

£21,608,000

Expenditure

All activities

£19,358,000

Net Reserves

Unrestricted funds

£2,266,000

Total Assets

Gross assets

£141,952,000

Working Capital

Liquidity

£12,800,000

Benchmark Performance

Comparing against 1,903 similar major charities

Compare vs:

Reserve Runway

1.4 months

Median: 3.6 monthsAround typical

Income Growth (1yr)

8.8%

Median: 8.2%Around typical

Spending Efficiency

78.7%

Median: 97.2%Below typical

Income Concentration

101.1%

Median: 87.1%Below typical

Fundraising ROI

28.4x

Median: 27.3xAround typical

Income Volatility

N/A

Median: 13.4%Unknown

Self-Generated Income

24.0%

Median: 92.1%Below typical

3-Year Income CAGR

N/A

Median: 8.7%Unknown

Efficiency & Health

Charitable Spending

78.7%

Fundraising Eff.

% income retained

28.4%

Governance Cost

% of expenditure

Grant Making

% given away

Debt Ratio

% of assets

1.1%

Survival Ratio

Months of reserves

1.4 months

Income Profile

Donations & Legacies

% of income

75.8%

Government Reliance

% of income

62.7%

Largest Source

Primary income

Donations & Legacies

Diversification

HHI: 10105

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

8.8%↑

Income CAGR (3yr)

Compound growth

N/A

Volatility

Stable

N/A

Reserves Trend

Direction

Stable

Governance

Employees

Staff count

203

Volunteers

Volunteer count

386

Volunteer Ratio

Per staff member

1.9:1

Revenue/Employee

Per head

£106,443

Trustee Benefits

Payments to trustees

High Earners

Earning over £60k

4.4%

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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