Milap Festival Trust

Analysis

Milap Festival Trust is a registered charity in England and Wales, based in Jordan Street. It was registered in August 1993, 33 years ago. Its declared purposes cover education/training and arts/culture/heritage/science, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 02834226). It says it provides services and acts as an umbrella or resource body.

In the financial year ending March 2025, Milap Festival Trust reported income of £527k and spending of £593k, spending 113% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £478k to £527k (+10%), an average of +2.5% a year. Over the whole period it spent 94% of the income it received.

Among 17,634 England and Wales charities whose main cause is arts, culture, heritage and science and that reported income, Milap Festival Trust sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in England and Wales with reported income it ranks in the 90th percentile. Charities of a similar size with the same main cause include Hull Maritime Foundation (£527k), Pavilions Teignmouth (£529k) and Hay Castle Trust (£526k).

In its latest detailed accounts, income came from donations and legacies 94%, charitable activities 5.1% and investments 1.3%. Charitable activities took 80% of spending and raising funds 15%. Reserves of £90k would cover about 2 months of spending at that rate. It employed 10 people.