What is the financial size of TURNER CONTEMPORARY?

TURNER CONTEMPORARY is classified as a large charity. In the latest financial year, they reported a total income of £3,834,337 and total expenditure of £3,611,527.

How does TURNER CONTEMPORARY allocate its spending?

For every pound spent, approximately 79.8% goes directly to charitable activities. The remaining 20.2% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.8%).

What is the workforce structure of TURNER CONTEMPORARY?

TURNER CONTEMPORARY employs 69 staff members and is supported by 6 volunteers.

Does TURNER CONTEMPORARY receive government funding?

To a small extent. Approximately 24.2% of their income comes from government grants or contracts.

Does TURNER CONTEMPORARY pay its trustees?

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

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TURNER CONTEMPORARY

#1129974

Charitable company•Large•Registered

www.turnercontemporary.org

The principal objective of the company is the provision of a permanent gallery in margate for the visual arts organisation which celebrates jmw turner's association with margate and, through a varied programme of exhibitions and events and learning activities, promotes an understanding and enjoyment of historical and contemporary art.

Registered address

RENDEZVOUS, MARGATE, KENT, CT9 1HG

Latest HighlightsFY 2024

Income

All sources

£3,834,337

Expenditure

All activities

£3,611,527

Net Reserves

Unrestricted funds

£946,337

Total Assets

Gross assets

£4,712,003

Working Capital

Liquidity

£695,889

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:

Reserve Runway

3.1 months

Median: 3.8 monthsAround typical

Income Growth (1yr)

10.2%

Median: 7.4%Around typical

Spending Efficiency

79.8%

Median: 97.8%Below typical

Income Concentration

44.1%

Median: 87.9%Top quartile

Fundraising ROI

5.2x

Median: 19.2xBelow typical

Income Volatility

1011.7%

Median: 20.6%Below typical

Self-Generated Income

74.2%

Median: 82.9%Around typical

3-Year Income CAGR

215.0%

Median: 7.8%Top quartile

Efficiency & Health

Charitable Spending

79.8%

Fundraising Eff.

% income retained

5.2%

Governance Cost

% of expenditure

Grant Making

% given away

Debt Ratio

% of assets

7.7%

Survival Ratio

Months of reserves

3.1 months

Income Profile

Donations & Legacies

% of income

17.7%

Government Reliance

% of income

24.2%

Largest Source

Primary income

Charitable Activities

Diversification

HHI: 4406

Moderately Concentrated

Trends

Income Growth (1yr)

Year over Year

10.2%↑

Income CAGR (3yr)

Compound growth

215.0%

Volatility

High Volatility

1011.7%

Reserves Trend

Direction

Building

Governance

Employees

Staff count

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

0.1:1

Revenue/Employee

Per head

£55,570

Trustee Benefits

Payments to trustees

High Earners

Earning over £60k

1.4%

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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