Question 1

What is the mission of THE OPEN UNIVERSITY STUDENTS ASSOCIATION?

Accepted Answer

The Students Association provides support and services to students of the Open University, typical of a Students Union. This includes:i) listening to students and representing their voice and collective interests;ii) engaging students in a vibrant and active community, creating new opportunities; iii) enhancing the student experience and contributing to student success.

Question 2

What is the financial size of THE OPEN UNIVERSITY STUDENTS ASSOCIATION?

Accepted Answer

THE OPEN UNIVERSITY STUDENTS ASSOCIATION is classified as a large charity. In the latest financial year, they reported a total income of £2,377,013 and total expenditure of £2,109,923.

Question 3

How does THE OPEN UNIVERSITY STUDENTS ASSOCIATION allocate its spending?

Accepted Answer

For every pound spent, approximately 96.5% goes directly to charitable activities. The remaining 3.5% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.7%).

Question 4

What is the workforce structure of THE OPEN UNIVERSITY STUDENTS ASSOCIATION?

Accepted Answer

THE OPEN UNIVERSITY STUDENTS ASSOCIATION employs 39 staff members and is supported by 214 volunteers.

Question 5

Does THE OPEN UNIVERSITY STUDENTS ASSOCIATION 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 OPEN UNIVERSITY STUDENTS ASSOCIATION pay its trustees?

Accepted Answer

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

THE OPEN UNIVERSITY STUDENTS ASSOCIATION

Latest HighlightsFY 2024

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