Awards for Young Musicians

Analysis

Awards for Young Musicians is a registered charity in England and Wales, based in Bristol. It was registered in August 1998, 28 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 03602851). It says it makes grants to individuals, provides services and provides advocacy/advice/information.

In the financial year ending December 2025, Awards for Young Musicians reported income of £2.5m and spending of £2.2m, spending 87% of its income. Across the 5 years on record, from December 2021 to December 2025, income grew from £1.1m to £2.5m (+126%), an average of +23% a year. The sharpest change came in the year to December 2024, when income rose by 38%. Over the whole period it spent 96% 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, Awards for Young Musicians 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 97th percentile. Charities of a similar size with the same main cause include Bristol Aero Collection Trust (£2.5m), Cisv International Limited (£2.5m) and Statfold Narrow Gauge Museum Trust Ltd (£2.5m).

In its latest detailed accounts, income came from charitable activities 57% and donations and legacies 43%. Gifts in wills alone brought in £72k. Charitable activities took 94% of spending and raising funds 5.1%. Reserves of £671k would cover about 4 months of spending at that rate. It employed 12 people.