Drake Music

Analysis

Drake Music is a registered charity in England and Wales, based in London. It was registered in March 1994, 32 years ago. Its declared purposes cover general charitable purposes, education/training, disability and arts/culture/heritage/science, which this site groups under disability. Legally it is a charitable company (Companies House number 02868675). It says it provides services, provides advocacy/advice/information and sponsors or undertakes research.

In the financial year ending March 2025, Drake Music reported income of £522k and spending of £570k, spending 109% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income fell from £720k to £522k (-28%), an average of -7.7% a year. The sharpest change came in the year to March 2024, when income dropped by 42%. Over the whole period it spent 104% of the income it received.

Among 12,871 England and Wales charities whose main cause is disability and that reported income, Drake Music sits at the 88th percentile: it is larger than about 88% 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 The Women's Royal Army Corps Association (Incorporating Queen Mary's Army Auxiliary Corps and Auxiliary Territorial Service Comrades Association) (£520k), Discoveru (£523k) and West Cumbria Domestic Violence Support (£519k).

In its latest detailed accounts, income came from donations and legacies 71% and charitable activities 25%. Charitable activities took 97% of spending and raising funds 2.9%. Reserves of £124k would cover about 3 months of spending at that rate. It employed 8 people.