Finance Score: 0
Governance Score: 5
Support Score: 8
  • Volatile income: -3
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Dynamic board: +3
  • Grant maker support: +8
Overall GiG Score: 13 ?

PHILHARMONIA LTD 

The charitable objectives are the advancement of public education through the promotion and support of the art of music, particularly by the promotion and encouragement of orchestral music and the relief of povertyand distress amongst playing members of any symphony orchestra for the time being maintained by the Charity. We achieve this by maintaining a symphony orchestra of the highest quality.
Analysis by Giving is Great

Positives:

  • There have been no material income shortfalls in recent years
  • Fundraising costs are low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • There are 15 trustees whereas the Charities Commission recommends a maximum of 12
  • Over half the Board have joined recently

Financial issues to consider:

  • There has been a change of accounting period recently, so trends may be hard to determine
  • Income has been volatile recently
Established: 57 years
(60 years as a company)

www.philharmonia.co.uk

finance@philharmonia.co.uk

02079213940

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
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Financial Data ?

Income & Spending ?
N.B. data has been adjusted to reflect year end change
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/08/22£8,698£8,413£284£426£8,469£2,5353.6380
31/08/21?£12,932£7,764£5,168£657£8,417£2,2883.5360
31/03/20£9,731£10,396£-665£788£2,024£1,5851.8431
31/03/19£12,947£12,989£-42£1,041£2,689£2,1282461
31/03/18£10,041£8,912£1,129£747£2,731£2,0222.7450
31/03/17*£11,354£11,012£342£787£1,602£1,1751.3420
31/03/16£10,325£10,520£-195£743£1,259£8951430
31/03/15£10,334£10,160£174£720£1,455£7710.9390
31/03/14£9,483£9,568£-85£739£1,280£1,0171.3370
31/03/13£11,594£11,530£64£946£1,365£1,1491.2360
31/03/12£9,450£9,640£-190£761£1,301£1,0921.4360
31/03/11£9,761£9,882£-121£650£1,491£1,2371.5340
31/03/10£10,218£10,208£10£698£1,620£1,2761.5330
31/03/09£11,325£10,715£610£730£1,610£1,3161.5300
31/03/08£9,023£8,841£182£497£1,000£6600.9260
31/03/07£7,863£7,720£143£686£818£5100.8240
31/03/06*£8,049£7,375£674£0£0£0n/a00
31/03/05£7,835£7,426£409£0£0£0n/a00
31/03/04£7,663£7,644£19£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 6%
Fundraising Costs/Total Spending: 5.4%
Senior Staff Costs/Total Spending: 6%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 26%
Liabilities/Income: 35%
Unrestricted Funds/Total Funds: 30%
Reserves/Spending: 3.6 months
Net Current Assets/Spending: 2 months
Quick Ratio: 0.8
Asset Split ?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
How it operates
  • Makes Grants to Individuals
  • Other charitable activities
  • Provides services
Where it operates
  • Australia, Austria, Belgium, Brazil, China, Colombia, Finland, France, Germany, Greece, Iceland, Isle Of Man, Italy, Japan, Kazakhstan, Luxembourg, Mexico, Netherlands, Peru, Poland, Romania, Scotland, Slovenia, South Korea, Spain, Switzerland, Throughout England And Wales, United Arab Emirates, United States,
Who it helps
  • Children/Young People
  • People With Disabilities
  • The General Public/Mankind
Who works here?
  • 38 employees

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
DCMS£3,900,588
Harpur Trust£49,665
Garfield Weston Foundation£35,000
The Rayne Foundation£10,000
Specific Donations
Amount When
Months
To be used for
DCMS - Culture Recovery Fund: Continuity Support
£412,690 27/10/2021
To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further ....more
DCMS - National portfolio organisation 2018 - 2022
£2,079,799 01/04/2020
The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given ....more
DCMS - Philharmonia Limited
£967,413 01/04/2020
To support Arts and Culture throughout England
DCMS - Philharmonia Limited
£440,686 01/04/2020
To support Arts and Culture throughout England
Harpur Trust - Philharmonia Orchestra
£49,665 11/03/2020
36
Philharmonia Orchestra - Engaging Bedford
The Rayne Foundation - Grant to Philharmonia Ltd
£10,000 16/07/2019
Towards a creative music-making project for Looked After Children.
Garfield Weston Foundation - Main Grants award
£35,000 04/07/2019
Michael Collins Recording Project
DCMS - National portfolio organisation 2018 - 2022
£2,042,222 01/04/2019
£1.6bn invested in the key arts and culture infrastrucure organisations in England for a 4 year period
Nesta - AC00887
£13,000 21/03/2019
12
Amplified programme grant to Philharmonia Limited Grant Ref AC00887
Garfield Weston Foundation - Main Grants award
£35,000 19/02/2019
Young Fellowship Programme
Department for Business, Energy and Industrial Strategy - ALB - UKRI - Immersive performances of the future
£5,987 01/04/2018
Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projectsref=104774
DCMS - National portfolio organisation 2018 - 2022
£2,042,222 01/04/2018
National portfolio organisation 2018 - 2022
DCMS - National portfolio organisation 2018 - 2022
£510,556 01/04/2018
To support National portfolio organisation 2018 - 2022
Paul Hamlyn Foundation - The Virtual Orchestra
£235,000 19/12/2017
48
Building on Philharmonia’s existing digital audience engagement work The Virtual Orchestra aims to increase and diversify audiences in its Leicester, Bedford, Canterbury and Basingstoke residencies ....more
National Lottery Community Fund - Symphonize
£8,500 29/11/2017
12
Musical activities will be provided for young people from deprived areas and those who have interacted with the criminal justice system. The participants will develop team work, technological and ....more
BBC Children in Need - Grant to Philharmonia Orchestra
£19,998 13/11/2017
24
This project will fuse orchestral and urban music working with young people from disadvantaged areas with low aspirations. The aim is to achieve positive, personal and social progression, learn new ....more
Esmee Fairbairn - Grant to Philharmonia Orchestra
£255,180 02/11/2017
36
Towards ‘The Virtual Orchestra’, a digital and live project that will increase cultural participation amongst disadvantaged communities in Leicester, Bedford, Basingstoke and Kent.
John Ellerman Foundation - Development of The Virtual Orchestra to three new locations
£80,000 25/05/2017
24
Towards bringing their Virtual Orchestra to 3three of their residencies in Leicester, Bedford and Canterbury to engage new audiences with the arts
Andrew Lloyd Webber Foundation - Grant to Philharmonia Orchestra
£4,100 31/10/2016
12
Symphonize project in Leicester
Esmee Fairbairn - Grant to Philharmonia Orchestra
£120,000 27/08/2014
Towards the i-Orchestra project, a consortium of organisations working with the Philharmonia Orchestra to engage with new audiences for orchestral music in the South West peninsula.
Esmee Fairbairn - Grant to Philharmonia Orchestra
£100,000 01/12/2011
Towards the Universe of Sound digital orchestral learning project.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (15)
Current Trustees appointed

Age Range of Trustees: 30-76
Legal constitution
  • Charitable company registered in England & Wales on 28/11/1966, number: 250277
  • Registered at Companies House on 02/04/1964, number: 00799297
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
19 returns made; AR17: 1 days late, AR06: 73 days late,
Main office

6 Chancel Street
London
SE1 0UX

Objectives

2.1 THE OBJECTS OF THE CHARITY ARE THE ADVANCEMENT OF PUBLIC EDUCATION THROUGH THE PROMOTION AND SUPPORT OF THE ART OF MUSIC (INCLUDING OPERA, MUSIC, DRAMA, BALLET AND ALL ART FORMS CONSISTING IN WHOLE OR IN PART OF MUSIC) PARTICULARLY BY THE PROMOTION AND ENCOURAGEMENT OF ORCHESTRAL MUSIC (“THE OBJECTS”).2.2 THE RELIEF OF POVERTY AND DISTRESS AMONGST PLAYING MEMBERS OF ANY SYMPHONY ORCHESTRA FOR THE TIME BEING MAINTAINED BY THE CHARITY AND THE DEPENDENTS OF SUCH PERSONS.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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