Question 1

What is the mission of THE ROYAL NORTHERN COLLEGE OF MUSIC AWARDS FUND?

Accepted Answer

To apply its income to the education of students of the Royal Northern College of Music by the award of prizes, exhibitions, grants for travel or for the purchase of musical instruments, maintenance allowances or similar benefits.

Question 2

What is the financial size of THE ROYAL NORTHERN COLLEGE OF MUSIC AWARDS FUND?

Accepted Answer

THE ROYAL NORTHERN COLLEGE OF MUSIC AWARDS FUND is classified as a large charity. In the latest financial year, they reported a total income of £2,190,096 and total expenditure of £2,709,131.

Question 3

How does THE ROYAL NORTHERN COLLEGE OF MUSIC AWARDS FUND allocate its spending?

Accepted Answer

For every pound spent, approximately 95.6% goes directly to charitable activities. The remaining 4.4% 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 NORTHERN COLLEGE OF MUSIC AWARDS FUND?

Accepted Answer

THE ROYAL NORTHERN COLLEGE OF MUSIC AWARDS FUND employs 0 staff members and is supported by 0 volunteers.

Question 5

Does THE ROYAL NORTHERN COLLEGE OF MUSIC AWARDS FUND 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 NORTHERN COLLEGE OF MUSIC AWARDS FUND pay its trustees?

Accepted Answer

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

THE ROYAL NORTHERN COLLEGE OF MUSIC AWARDS FUND

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