The Mayor of London's Fund for Young Musicians
Analysis
The Mayor of London's Fund for Young Musicians is a registered charity in England and Wales, based in London. It was registered in April 2011, 15 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 07530077). It says it makes grants to organisations.
In the financial year ending July 2025, The Mayor of London's Fund for Young Musicians reported income of £878k and spending of £865k, spending 98% of its income. Across the 5 years on record, from July 2021 to July 2025, income grew from £519k to £878k (+69%), an average of +14% a year. The sharpest change came in the year to July 2022, when income rose by 30%. Over the whole period it spent 99% 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, The Mayor of London's Fund for Young Musicians sits at the 94th percentile: it is larger than about 94% of them. Against every charity in England and Wales with reported income it ranks in the 93rd percentile. Charities of a similar size with the same main cause include Chawton House Library (£878k), The National Horseracing Museum (£883k) and Utopia Theatre (£875k).
In its latest detailed accounts, income came from donations and legacies 92%, charitable activities 4.3% and investments 3.6%. Charitable activities took 72% of spending and raising funds 5.2%. It employed 4 people.
Income and spending
Where the income comes from
- Donations 92%
- Charitable activities 4.3%
- Investments 3.6%
In the charity's own words
Trading as the "London Music Fund", the charity awards Scholarships to children with musical potential and commitment to learning an instrument, whose families are unable to afford the ongoing cost of tuition. It also funds Partnerships between music hubs, schools and professional arts organisations, addressing specific gaps in provision. Applications are only accepted from London Music Hubs.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chawton House Library | Alton | £878k |
| The National Horseracing Museum | Newmarket | £883k |
| Utopia Theatre | South Yorks | £875k |
| The Westmorland County Agricultural Society Limited | Cumbria | £883k |