Question 1

What is the mission of THE NATIONAL HORSERACING MUSEUM?

Accepted Answer

To promote public interest in the preservation of all articles as are of historical or scientific interest in connection with racehorses and persons connected with racehorses. To enlarge the Museum's network of partnerships within the education, racing industry and museums sector to mutual benefit.

Question 2

What is the financial size of THE NATIONAL HORSERACING MUSEUM?

Accepted Answer

THE NATIONAL HORSERACING MUSEUM is classified as a large charity. In the latest financial year, they reported a total income of £1,022,162 and total expenditure of £1,455,019.

Question 3

How does THE NATIONAL HORSERACING MUSEUM allocate its spending?

Accepted Answer

For every pound spent, approximately 86.3% goes directly to charitable activities. The remaining 13.7% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.8%).

Question 4

What is the workforce structure of THE NATIONAL HORSERACING MUSEUM?

Accepted Answer

THE NATIONAL HORSERACING MUSEUM employs 26 staff members and is supported by 70 volunteers.

Question 5

Does THE NATIONAL HORSERACING MUSEUM receive government funding?

Accepted Answer

To a small extent. Approximately 0.5% of their income comes from government grants or contracts.

Question 6

Does THE NATIONAL HORSERACING MUSEUM pay its trustees?

Accepted Answer

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

THE NATIONAL HORSERACING MUSEUM

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