Question 1

What is the mission of THE ASSOCIATED BOARD OF THE ROYAL SCHOOLS OF MUSIC?

Accepted Answer

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.

Question 2

What is the financial size of THE ASSOCIATED BOARD OF THE ROYAL SCHOOLS OF MUSIC?

Accepted Answer

THE ASSOCIATED BOARD OF THE ROYAL SCHOOLS OF MUSIC is classified as a major charity. In the latest financial year, they reported a total income of £50,899,000 and total expenditure of £46,184,000.

Question 3

How does THE ASSOCIATED BOARD OF THE ROYAL SCHOOLS OF MUSIC allocate its spending?

Accepted Answer

For every pound spent, approximately 85.6% goes directly to charitable activities. The remaining 14.4% 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 THE ASSOCIATED BOARD OF THE ROYAL SCHOOLS OF MUSIC?

Accepted Answer

THE ASSOCIATED BOARD OF THE ROYAL SCHOOLS OF MUSIC employs 197 staff members and is supported by 160 volunteers.

Question 5

Does THE ASSOCIATED BOARD OF THE ROYAL SCHOOLS OF MUSIC receive government funding?

Accepted Answer

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

Question 6

Does THE ASSOCIATED BOARD OF THE ROYAL SCHOOLS OF MUSIC pay its trustees?

Accepted Answer

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

THE ASSOCIATED BOARD OF THE ROYAL SCHOOLS OF MUSIC

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