Question 1

What is the mission of THE ROYAL SOCIETY OF MUSICIANS OF GREAT BRITAIN?

Accepted Answer

The Society, a charity for musicians run by musicians, provides grants and support to professional musicians and their families in need because of accident, illness or old age whether or not they are members. Founded in 1738 as the Fund for Decay'd Musicians, early members included Handel, Arne, Boyce and Sammartini. Today it maintains its tradition of responding swiftly to needs of colleagues.

Question 2

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

Accepted Answer

THE ROYAL SOCIETY OF MUSICIANS OF GREAT BRITAIN is classified as a large charity. In the latest financial year, they reported a total income of £1,420,536 and total expenditure of £1,270,539.

Question 3

How does THE ROYAL SOCIETY OF MUSICIANS OF GREAT BRITAIN allocate its spending?

Accepted Answer

For every pound spent, approximately 77.3% goes directly to charitable activities. The remaining 22.7% 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 SOCIETY OF MUSICIANS OF GREAT BRITAIN?

Accepted Answer

THE ROYAL SOCIETY OF MUSICIANS OF GREAT BRITAIN employs 5 staff members and is supported by 40 volunteers.

Question 5

Does THE ROYAL SOCIETY OF MUSICIANS OF GREAT BRITAIN 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 SOCIETY OF MUSICIANS 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 SOCIETY OF MUSICIANS OF GREAT BRITAIN

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