Question 1

What is the mission of SOMERSET HOUSE TRUST?

Accepted Answer

Somerset House Trust was established in 1997 to enhance the education of the public by the provision of a centre for the arts and to maintain the buildings for the benefit of the local and international community as an example of English national heritage. At its heart lies a creative community of innovative businesses and social enterprises which contribute to the vibrancy and energy of the site.

Question 2

What is the financial size of SOMERSET HOUSE TRUST?

Accepted Answer

SOMERSET HOUSE TRUST is classified as a major charity. In the latest financial year, they reported a total income of £25,257,000 and total expenditure of £27,033,000.

Question 3

How does SOMERSET HOUSE TRUST allocate its spending?

Accepted Answer

For every pound spent, approximately 88.1% goes directly to charitable activities. The remaining 11.9% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.2%).

Question 4

What is the workforce structure of SOMERSET HOUSE TRUST?

Accepted Answer

SOMERSET HOUSE TRUST employs 125 staff members and is supported by 60 volunteers.

Question 5

Does SOMERSET HOUSE TRUST receive government funding?

Accepted Answer

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

Question 6

Does SOMERSET HOUSE TRUST pay its trustees?

Accepted Answer

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

SOMERSET HOUSE TRUST

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