Leeds Culture Trust
Analysis
Leeds Culture Trust is a registered charity in England and Wales, based in Leeds. It was registered in August 2019, 7 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 10674601). It says it makes grants to individuals, makes grants to organisations and provides services.
In the financial year ending March 2024, Leeds Culture Trust reported income of £10.3m and spending of £9.9m, spending 96% of its income. Across the 4 years on record, from March 2021 to March 2024, income grew from £2.1m to £10.3m (+394%), an average of +70% a year. The sharpest change came in the year to March 2023, when income rose by 149%. Over the whole period it spent 95% 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, Leeds Culture Trust 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 Northampton Theatres Trust Limited (£10.2m), The Horniman Public Museum and Public Park Trust (£10.4m) and Donmar Warehouse Projects Limited (£10.1m).
In its latest detailed accounts, income came from charitable activities 94%. Charitable activities took 100% of spending and raising funds 0.0%. Reserves of £789k would cover about 1 months of spending at that rate. It employed 87 people.
Data notes from the register: The register marks this charity as being in administration.
Income and spending
Where the income comes from
- Donations 0.1%
- Charitable activities 94%
- Other 5.6%
In the charity's own words
Leeds Culture Trust is the independent charity that will deliver a five-year cultural programme culminating in a year of celebration in 2023 for the city of Leeds and the surrounding area.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Northampton Theatres Trust Limited | Northampton | £10.2m |
| The Horniman Public Museum and Public Park Trust | London | £10.4m |
| Donmar Warehouse Projects Limited | London | £10.1m |
| The Hall for Cornwall Trust | Truro | £10.5m |