Question 1

What is the mission of THE FRIENDS OF THE ROYAL ACADEMY?

Accepted Answer

The objects of the Friends of the Royal Academy are:- to support the charitable work of the Royal Academy of Arts- to promote and to co-operate with the Academy and other charitable organisations in promoting the Arts and in particular the arts of design and the creation and appreciation of the arts

Question 2

What is the financial size of THE FRIENDS OF THE ROYAL ACADEMY?

Accepted Answer

THE FRIENDS OF THE ROYAL ACADEMY is classified as a major charity. In the latest financial year, they reported a total income of £11,775,330 and total expenditure of £11,775,330.

Question 3

How does THE FRIENDS OF THE ROYAL ACADEMY allocate its spending?

Accepted Answer

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (96.6%).

Question 4

What is the workforce structure of THE FRIENDS OF THE ROYAL ACADEMY?

Accepted Answer

THE FRIENDS OF THE ROYAL ACADEMY employs 15 staff members and is supported by 0 volunteers.

Question 5

Does THE FRIENDS OF THE ROYAL ACADEMY 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 FRIENDS OF THE ROYAL ACADEMY pay its trustees?

Accepted Answer

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

THE FRIENDS OF THE ROYAL ACADEMY

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