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THE ASSOCIATED BOARD OF THE ROYAL SCHOOLS OF MUSIC logo

THE ASSOCIATED BOARD OF THE ROYAL SCHOOLS OF MUSIC

#292182
Charitable company•Major•Registered
www.abrsm.org

Abrsm motivates musical achievement through internationally recognised examination and assessment of students, professional development of teachers and provision of published resources and online learning via its websites, apps and audio and video resources. Abrsm makes significant donations towards music education each year including scholarships to the four royal schools of music.

Registered address

ASSOCIATED BOARD OF THE ROYAL, SCHOOLS OF MUSIC, 4 LONDON WALL PLACE, LONDON, EC2Y 5AU

Latest HighlightsFY 2025

Income

All sources

£50,899,000
Expenditure

All activities

£46,184,000
Net Reserves

Unrestricted funds

£18,429,000
Total Assets

Gross assets

£41,284,000
Working Capital

Liquidity

£-6,048,000

Benchmark Performance

Comparing against 1,903 similar major charities

Compare vs:
Reserve Runway
4.8 months
Median: 3.6 monthsAround typical
Income Growth (1yr)
4.1%
Median: 8.2%Around typical
Spending Efficiency
85.6%
Median: 97.2%Below typical
Income Concentration
70.6%
Median: 87.1%Around typical
Fundraising ROI
N/A
Median: 27.3xUnknown
Income Volatility
37.7%
Median: 13.4%Below typical
Self-Generated Income
99.5%
Median: 92.1%Top quartile
3-Year Income CAGR
6.2%
Median: 8.7%Around typical

Efficiency & Health

Charitable Spending
85.6%
Fundraising Eff.

% income retained

N/A
Governance Cost

% of expenditure

0.6%
Grant Making

% given away

11.1%
Debt Ratio

% of assets

33.6%
Survival Ratio

Months of reserves

4.8 months

Income Profile

Donations & Legacies

% of income

0%
Government Reliance

% of income

0%
Largest Source

Primary income

Charitable Activities
Diversification

HHI: 7065

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

4.1%↑
Income CAGR (3yr)

Compound growth

6.2%
Volatility

High Volatility

37.7%
Reserves Trend

Direction

Building

Governance

Employees

Staff count

197
Volunteers

Volunteer count

160
Volunteer Ratio

Per staff member

0.8:1
Revenue/Employee

Per head

£258,371
Trustee Benefits

Payments to trustees

No
High Earners

Earning over £60k

13.7%

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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