Bromley Youth Music Trust

Analysis

Bromley Youth Music Trust is a registered charity in England and Wales, based in Bromley. It was registered in January 1994, 32 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 02880224). It says it provides services.

In the financial year ending March 2025, Bromley Youth Music Trust reported income of £1.8m and spending of £1.6m, spending 91% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £1.5m to £1.8m (+19%), an average of +4.6% a year. Over the whole period it spent 101% 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, Bromley Youth Music Trust sits at the 97th percentile: it is larger than about 97% of them. Against every charity in England and Wales with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include The Chipping Norton Theatre Limited (£1.8m), The Polish Institute and Sikorski Museum (£1.8m) and Darts,doncaster Community Arts (£1.8m).

In its latest detailed accounts, income came from trading 55%, charitable activities 34% and donations and legacies 11%. Gifts in wills alone brought in £129k. Charitable activities took 99% of spending and raising funds 0.0%. Reserves of £625k would cover about 5 months of spending at that rate. It employed 46 people.