Magna Vitae

Analysis

Magna Vitae is a registered charity in England and Wales, based in Lincolnshire. It was registered in January 2015, 11 years ago. Its declared purposes cover 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 09078400). It says it provides buildings/facilities/open space and provides services.

In the financial year ending March 2025, Magna Vitae reported income of £8.1m and spending of £7.9m, spending 97% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £4.1m to £8.1m (+97%), an average of +18% a year. The sharpest change came in the year to March 2022, when income rose by 37%. Over the whole period it spent 98% 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, Magna Vitae sits at the 99th 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 The Henry Moore Foundation (£8.0m), The Paul Mellon Centre for Studies in British Art (£8.3m) and Belgrade Theatre Trust (Coventry) Limited (£7.9m).

In its latest detailed accounts, income came from charitable activities 94%, investments 4.1% and donations and legacies 2.3%. Charitable activities took 99% of spending and raising funds 0.2%. Reserves of £1.4m would cover about 2 months of spending at that rate. It employed 179 people.