Ironbridge Gorge Museum Trust Limited

Analysis

Ironbridge Gorge Museum Trust Limited is a registered charity in England and Wales, based in Telford. It was registered in January 1968, 58 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 00918560). It says it provides human resources and provides buildings/facilities/open space.

In the financial year ending December 2024, Ironbridge Gorge Museum Trust Limited reported income of £9.2m and spending of £9.6m, spending 104% of its income. Across the 5 years on record, from December 2020 to December 2024, income grew from £7.3m to £9.2m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 32%. 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, Ironbridge Gorge Museum Trust Limited 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 University of Notre Dame (USA) in England (£9.2m), The Zaha Hadid Foundation (£9.2m) and Royal Hospital Chelsea Appeal Limited (£9.1m).

In its latest detailed accounts, income came from charitable activities 32%, donations and legacies 32%, trading 25% and investments 3.0%. Charitable activities took 79% of spending and raising funds 21%. Reserves of £3.2m would cover about 4 months of spending at that rate. It employed 247 people.