Sunderland Music, Arts & Culture Trust
Analysis
Sunderland Music, Arts & Culture Trust is a registered charity in England and Wales, based in Tyne and Wear. It was registered in February 2013, 13 years ago. Its declared purposes cover general charitable purposes, education/training, arts/culture/heritage/science and economic/community development/employment, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 08251877). It says it provides buildings/facilities/open space, provides services and acts as an umbrella or resource body.
In the financial year ending October 2024, Sunderland Music, Arts & Culture Trust reported income of £746k and spending of £828k, spending 111% of what it took in. Across the 4 years on record, from October 2021 to October 2024, income fell from £4.1m to £746k (-82%), an average of -43% a year. The sharpest change came in the year to October 2024, when income rose by 79%. Over the whole period it spent 38% 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, Sunderland Music, Arts & Culture Trust 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 92nd percentile. Charities of a similar size with the same main cause include Middle Child Theatre Limited (£746k), Freedom Festival Arts Trust (£747k) and Asian Arts Agency (£740k).
In its latest detailed accounts, income came from donations and legacies 86% and trading 14%. Charitable activities took 100% of spending and raising funds 0.0%. Reserves of £125k would cover about 2 months of spending at that rate. It employed 2 people.
Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue.
Income and spending
Where the income comes from
- Donations 86%
- Trading 14%
In the charity's own words
The Charity's activities are to promote urban or rural regeneration in areas of social and economic deprivation particularly in Sunderland and its surrounding areas . The Trustees will use the following means and any other that they may from time to time determine . To preserve historic buildings , to advance the arts , to advance education in science , engineering , history and cultural heritage
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Middle Child Theatre Limited | Hull | £746k |
| Freedom Festival Arts Trust | Hull | £747k |
| Asian Arts Agency | Bristol | £740k |
| Waterperry Opera Festival | Buckinghamshire | £748k |