What is the financial size of THE BRITISH MUSEUM FRIENDS?

THE BRITISH MUSEUM FRIENDS is classified as a large charity. In the latest financial year, they reported a total income of £6,166,391 and total expenditure of £6,354,803.

How does THE BRITISH MUSEUM FRIENDS allocate its spending?

For every pound spent, approximately 99.9% goes directly to charitable activities. The remaining 0.1% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.8%).

What is the workforce structure of THE BRITISH MUSEUM FRIENDS?

THE BRITISH MUSEUM FRIENDS employs 16 staff members and is supported by 21 volunteers.

Does THE BRITISH MUSEUM FRIENDS receive government funding?

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

Does THE BRITISH MUSEUM FRIENDS pay its trustees?

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

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THE BRITISH MUSEUM FRIENDS

#1086080

Charitable company•Large•Registered

http://www.britishmuseum.org/membership.aspx

To support and assist the british museum in maintaining and expanding its collections and services to scholars and to the general public.

Registered address

BRITISH MUSEUM, GREAT RUSSELL STREET, LONDON, WC1B 3DG

Latest HighlightsFY 2024

Income

All sources

£6,166,391

Expenditure

All activities

£6,354,803

Net Reserves

Unrestricted funds

£1,796,563

Total Assets

Gross assets

£4,880,382

Working Capital

Liquidity

£-1,605,042

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:

Reserve Runway

3.4 months

Median: 3.8 monthsAround typical

Income Growth (1yr)

0.8%

Median: 7.4%Around typical

Spending Efficiency

99.9%

Median: 97.8%Around typical

Income Concentration

88.0%

Median: 87.9%Around typical

Fundraising ROI

1260.2x

Median: 19.2xTop quartile

Income Volatility

35.2%

Median: 20.6%Around typical

Self-Generated Income

95.8%

Median: 82.9%Around typical

3-Year Income CAGR

6.7%

Median: 7.8%Around typical

Efficiency & Health

Charitable Spending

99.9%

Fundraising Eff.

% income retained

1260.2%

Governance Cost

% of expenditure

0.2%

Grant Making

% given away

72.0%

Debt Ratio

% of assets

63.2%

Survival Ratio

Months of reserves

3.4 months

Income Profile

Donations & Legacies

% of income

4.2%

Government Reliance

% of income

Largest Source

Primary income

Charitable Activities

Diversification

HHI: 8797

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

0.8%↑

Income CAGR (3yr)

Compound growth

6.7%

Volatility

High Volatility

35.2%

Reserves Trend

Direction

Stable

Governance

Employees

Staff count

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

1.3:1

Revenue/Employee

Per head

£385,399

Trustee Benefits

Payments to trustees

High Earners

Earning over £60k

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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