North Music Trust

Analysis

North Music Trust is a registered charity in England and Wales, based in Tyne And Wear. It was registered in July 2001, 25 years ago. Its declared purposes cover education/training, arts/culture/heritage/science and recreation, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 04044936). It says it provides services.

In the financial year ending March 2025, North Music Trust reported income of £17.0m and spending of £16.8m, spending 99% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £13.5m to £17.0m (+26%), an average of +5.9% a year. The sharpest change came in the year to March 2024, when income rose by 23%. Over the whole period it spent 95% 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, North Music Trust sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Stoke Ferry Village Hall (£16.9m), The Design Museum (£17.2m) and The Royal Academy of Dramatic Art (£16.7m).

In its latest detailed accounts, income came from donations and legacies 44%, charitable activities 36%, trading 18% and investments 2.4%. Charitable activities took 84% of spending and raising funds 1.6%. Reserves of £1.5m would cover about 1 months of spending at that rate. It employed 405 people.