What is the financial size of THE MUSEUMS ASSOCIATION?

THE MUSEUMS ASSOCIATION is classified as a large charity. In the latest financial year, they reported a total income of £2,352,624 and total expenditure of £2,930,703.

How does THE MUSEUMS ASSOCIATION allocate its spending?

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 (97.8%).

What is the workforce structure of THE MUSEUMS ASSOCIATION?

THE MUSEUMS ASSOCIATION employs 21 staff members and is supported by 230 volunteers.

Does THE MUSEUMS ASSOCIATION receive government funding?

To a small extent. Approximately 4.4% of their income comes from government grants or contracts.

Does THE MUSEUMS ASSOCIATION pay its trustees?

Yes, the latest data indicates that one or more trustees receive payments or personal benefits from the charity.

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THE MUSEUMS ASSOCIATION

#313024

Charitable company•Large•Registered

www.museumsassociation.org

To advance education in, and to foster and encourage the preservation and better understanding of the material heritage of mankind and the environment for the public benefit by the promotion and development of museums and galleries and encouraging the involvementof the public. To establish and advance professional standards of those employed in museums and galleries.

Registered address

C/O STONE KING LLP, BOUNDARY HOUSE, 91 CHARTERHOUSE STREET, LONDON, EC1M 6HR

Latest HighlightsFY 2024

Income

All sources

£2,352,624

Expenditure

All activities

£2,930,703

Net Reserves

Unrestricted funds

£649,000

Total Assets

Gross assets

£2,903,000

Working Capital

Liquidity

£-544,556

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:

Reserve Runway

2.7 months

Median: 3.8 monthsAround typical

Income Growth (1yr)

-17.9%

Median: 7.4%Below typical

Spending Efficiency

100.0%

Median: 97.8%Around typical

Income Concentration

53.7%

Median: 87.9%Top quartile

Fundraising ROI

N/A

Median: 19.2xUnknown

Income Volatility

25.9%

Median: 20.6%Around typical

Self-Generated Income

82.4%

Median: 82.9%Around typical

3-Year Income CAGR

-0.7%

Median: 7.8%Below typical

Efficiency & Health

Charitable Spending

100%

Fundraising Eff.

% income retained

N/A

Governance Cost

% of expenditure

0.5%

Grant Making

% given away

28.2%

Debt Ratio

% of assets

20.3%

Survival Ratio

Months of reserves

2.7 months

Income Profile

Donations & Legacies

% of income

14.7%

Government Reliance

% of income

4.4%

Largest Source

Primary income

Charitable Activities

Diversification

HHI: 5369

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

-17.9%↓

Income CAGR (3yr)

Compound growth

-0.7%

Volatility

Moderate Volatility

25.9%

Reserves Trend

Direction

Stable

Governance

Employees

Staff count

Volunteers

Volunteer count

230

Volunteer Ratio

Per staff member

11.0:1

Revenue/Employee

Per head

£112,030

Trustee Benefits

Payments to trustees

Yes

High Earners

Earning over £60k

19.0%

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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