Sheffield Theatres Trust

Analysis

Sheffield Theatres Trust is a registered charity in England and Wales, based in Sheffield. It was registered in December 1968, 58 years ago. Its declared purposes cover 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 00932254). It says it provides human resources and provides buildings/facilities/open space.

In the financial year ending March 2025, Sheffield Theatres Trust reported income of £12.8m and spending of £12.5m, spending 98% of its income. Across the 5 years on record, from July 2021 to March 2025, income grew from £8.2m to £12.8m (+57%), an average of +12% a year. The sharpest change came in the year to July 2022, when income rose by 47%. Over the whole period it spent 92% 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, Sheffield Theatres 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 Birmingham Museums Trust (£12.6m), The Dartington Hall Trust (£12.9m) and The Royal Liverpool Philharmonic Society (£12.6m).

In its latest detailed accounts, income came from charitable activities 69%, donations and legacies 13%, trading 9.2% and investments 3.3%. Charitable activities took 88% of spending and raising funds 0.1%. Reserves of £6.1m would cover about 6 months of spending at that rate. It employed 267 people.