NMRN Operations
Analysis
NMRN Operations is a registered charity in England and Wales, based in Portsmouth. It was registered in September 2016, 10 years ago. Its declared purposes cover education/training, arts/culture/heritage/science, environment/conservation/heritage and armed forces/emergency service efficiency, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 09988314). It says it provides human resources, provides services and acts as an umbrella or resource body.
In the financial year ending March 2025, NMRN Operations reported income of £21.5m and spending of £19.3m, spending 90% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £16.5m to £21.5m (+30%), an average of +6.9% a year. The sharpest change came in the year to March 2023, when income rose by 107%. Over the whole period it spent 86% 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, NMRN Operations 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 100th percentile. Charities of a similar size with the same main cause include Onside Youth Zones (£20.8m), Beamish Museum (£21.6m) and Royal Welsh College of Music and Drama (£20.8m).
In its latest detailed accounts, income came from donations and legacies 57%, charitable activities 30% and trading 10%. Gifts in wills alone brought in £11k. Charitable activities took 73% of spending and raising funds 13%. Reserves of £4.9m would cover about 3 months of spending at that rate.
Income and spending
Where the income comes from
- Donations 57%
- Legacies 0.1%
- Charitable activities 30%
- Trading 10%
- Investments 0.2%
- Other 2.3%
In the charity's own words
To support the work of the National Museum of the Royal Navy
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Onside Youth Zones | Bolton | £20.8m |
| Beamish Museum | County Durham | £21.6m |
| Royal Welsh College of Music and Drama | Pontypridd | £20.8m |
| National Library of Wales | Aberystwyth | £22.3m |