THE NATIONAL MUSEUM OF THE ROYAL NAVY logo

THE NATIONAL MUSEUM OF THE ROYAL NAVY

#1126283
Charitable companyMajorRegistered
www.nmrn.org.uk

To become the world's leading naval museum underpinned by the spirit of enterprise and adventure which has always been the hallmark of the royal navy. To make accessible to all the story of the royal navy and its people from earliest times to the present by collecting, preserving and interpreting artefacts, photographs, documents, manuscripts and oral history testimony.

Latest HighlightsFY 2024

Income

All sources

£19,187,000
Expenditure

All activities

£20,667,000
Net Reserves

Unrestricted funds

£5,000
Total Assets

Gross assets

£225,312,000
Working Capital

Liquidity

£8,810,000

Benchmark Performance

Comparing against 1,903 similar major charities

Compare vs:
Reserve Runway
0.0 months
Median: 3.6 monthsBelow typical
Income Growth (1yr)
-35.3%
Median: 8.2%Below typical
Spending Efficiency
83.4%
Median: 97.2%Below typical
Income Concentration
42.8%
Median: 87.1%Top quartile
Fundraising ROI
5.6x
Median: 27.3xBelow typical
Income Volatility
40.0%
Median: 13.4%Below typical
Self-Generated Income
54.2%
Median: 92.1%Around typical
3-Year Income CAGR
4.1%
Median: 8.7%Around typical

Efficiency & Health

Charitable Spending
83.4%
Fundraising Eff.

% income retained

5.6%
Governance Cost

% of expenditure

20.8%
Grant Making

% given away

31.3%
Debt Ratio

% of assets

2.0%
Survival Ratio

Months of reserves

0.0 months

Income Profile

Donations & Legacies

% of income

43.0%
Government Reliance

% of income

30.1%
Largest Source

Primary income

Donations & Legacies
Diversification

HHI: 4285

Moderately Concentrated

Trends

Income Growth (1yr)

Year over Year

-35.3%
Income CAGR (3yr)

Compound growth

4.1%
Volatility

High Volatility

40.0%
Reserves Trend

Direction

Depleting

Governance

Employees

Staff count

3
Volunteers

Volunteer count

300
Volunteer Ratio

Per staff member

100:1
Revenue/Employee

Per head

£6,395,667
Trustee Benefits

Payments to trustees

No
High Earners

Earning over £60k

100%

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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