Question 1

What is the mission of THE ROYAL INSTITUTION OF GREAT BRITAIN?

Accepted Answer

The Ri's mission is to harness science for the maximum benefit of society. The Ri's objects, as defined by the Royal Charter of 1800, are to diffuse knowledge, facilitate the general introduction of useful mechanical inventions and improvements and for teaching by courses of philosophical lectures and experiments, the application of science to the common purposes of life.

Question 2

What is the financial size of THE ROYAL INSTITUTION OF GREAT BRITAIN?

Accepted Answer

THE ROYAL INSTITUTION OF GREAT BRITAIN is classified as a large charity. In the latest financial year, they reported a total income of £9,823,000 and total expenditure of £6,945,000.

Question 3

How does THE ROYAL INSTITUTION OF GREAT BRITAIN allocate its spending?

Accepted Answer

For every pound spent, approximately 56.3% goes directly to charitable activities. The remaining 43.7% 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 ROYAL INSTITUTION OF GREAT BRITAIN?

Accepted Answer

THE ROYAL INSTITUTION OF GREAT BRITAIN employs 70 staff members and is supported by 100 volunteers.

Question 5

Does THE ROYAL INSTITUTION OF GREAT BRITAIN receive government funding?

Accepted Answer

To a small extent. Approximately 30.7% of their income comes from government grants or contracts.

Question 6

Does THE ROYAL INSTITUTION OF GREAT BRITAIN pay its trustees?

Accepted Answer

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

THE ROYAL INSTITUTION OF GREAT BRITAIN

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