THE ROYAL COLLEGE OF MUSIC logo

THE ROYAL COLLEGE OF MUSIC

#309268
OtherMajorRegistered
www.rcm.ac.uk

The objects of the college shall be to advance the art of music and promote the study of andeducation in music and musical instruction and research of the highest standard and such otherrelated academic subjects as the college may consider appropriate in the united kingdom ofgreat britain and northern ireland and elsewhere throughout the world.

What they do

How they help

Areas of operation

Registered address

ROYAL COLLEGE OF MUSIC, PRINCE CONSORT ROAD, LONDON, SW7 2BS

Latest HighlightsFY 2024

Income

All sources

£37,066,583
Expenditure

All activities

£31,165,478
Net Reserves

Unrestricted funds

£62,473,209
Total Assets

Gross assets

£135,350,710
Working Capital

Liquidity

£2,844,205

Benchmark Performance

Comparing against 1,903 similar major charities

Compare vs:
Reserve Runway
24.1 months
Median: 3.6 monthsTop quartile
Income Growth (1yr)
8.8%
Median: 8.2%Around typical
Spending Efficiency
94.4%
Median: 97.2%Around typical
Income Concentration
68.1%
Median: 87.1%Around typical
Fundraising ROI
35.7x
Median: 27.3xAround typical
Income Volatility
7.3%
Median: 13.4%Around typical
Self-Generated Income
87.0%
Median: 92.1%Around typical
3-Year Income CAGR
8.9%
Median: 8.7%Around typical

Efficiency & Health

Charitable Spending
94.4%
Fundraising Eff.

% income retained

35.7%
Governance Cost

% of expenditure

0.4%
Grant Making

% given away

0.0%
Debt Ratio

% of assets

15.9%
Survival Ratio

Months of reserves

24.1 months

Income Profile

Donations & Legacies

% of income

13.0%
Government Reliance

% of income

19.1%
Largest Source

Primary income

Charitable Activities
Diversification

HHI: 6806

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

8.8%
Income CAGR (3yr)

Compound growth

8.9%
Volatility

Stable

7.3%
Reserves Trend

Direction

Stable

Governance

Employees

Staff count

338
Volunteers

Volunteer count

0
Volunteer Ratio

Per staff member

0:1
Revenue/Employee

Per head

£109,664
Trustee Benefits

Payments to trustees

No
High Earners

Earning over £60k

14.2%

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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