The Faraday Institution

Analysis

The Faraday Institution is a registered charity in England and Wales, based in Didcot. It was registered in January 2018, 8 years ago. Its declared purposes cover education/training, arts/culture/heritage/science and environment/conservation/heritage, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 10959095). It says it makes grants to individuals, makes grants to organisations and provides advocacy/advice/information.

In the financial year ending March 2025, The Faraday Institution reported income of £33.3m and spending of £32.9m, spending 99% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £24.3m to £33.3m (+37%), an average of +8.1% a year. The sharpest change came in the year to March 2022, when income rose by 24%. Over the whole period it spent 102% 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 Faraday Institution 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 Royal Institute of British Architects (£32.4m), Birmingham Hippodrome Theatre Trust Limited (£39.1m) and The Shakespeare Globe Trust (£31.5m).

In its latest detailed accounts, income came from charitable activities 99%. Charitable activities took 100% of spending and raising funds 0.0%. Grants to other organisations totalled £28.8m. Reserves of £323k would cover about 0 months of spending at that rate. It employed 26 people.