Question 1

What is the mission of THE ROYAL ACADEMY OF ARTS?

Accepted Answer

On 1 September 2009, all the assets, net liabilities and undertakings of the Royal Academy of Arts, charity number 212798, were transfered to The Royal Academy of Arts, charity number 1125383, company number 6298947.From 1 September 2009 therefore, the activities of The Royal Academy of Arts, charity number 1125383, are the promotion of Arts of Design through exhibitions and education.

Question 2

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

Accepted Answer

THE ROYAL ACADEMY OF ARTS is classified as a major charity. In the latest financial year, they reported a total income of £38,106,000 and total expenditure of £46,604,000.

Question 3

How does THE ROYAL ACADEMY OF ARTS allocate its spending?

Accepted Answer

For every pound spent, approximately 70.6% goes directly to charitable activities. The remaining 29.4% is spent on raising funds and administration. This is lower than the median for similar-sized charities (96.6%).

Question 4

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

Accepted Answer

THE ROYAL ACADEMY OF ARTS employs 334 staff members and is supported by 8 volunteers.

Question 5

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

Accepted Answer

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

THE ROYAL ACADEMY OF ARTS

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