Newcastle Theatre Royal Trust Limited

Analysis

Newcastle Theatre Royal Trust Limited is a registered charity in England and Wales, based in Newcastle Upon Tyne. It was registered in August 1975, 51 years ago. Its declared purposes cover education/training, arts/culture/heritage/science and recreation, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 01217427). It says it provides buildings/facilities/open space, provides services and other charitable activities.

In the financial year ending March 2025, Newcastle Theatre Royal Trust Limited reported income of £16.3m and spending of £15.3m, spending 94% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £4.5m to £16.3m (+264%), an average of +38% a year. The sharpest change came in the year to March 2023, when income rose by 135%. Over the whole period it spent 96% 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, Newcastle Theatre Royal Trust Limited 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 99th percentile. Charities of a similar size with the same main cause include Active Luton (£15.7m), Brighton Dome and Festival Ltd (£16.3m) and Britten Pears Arts (£15.3m).

In its latest detailed accounts, income came from charitable activities 89%, trading 6.1% and investments 4.4%. Charitable activities took 99% of spending and raising funds 0.8%. Reserves of £6.3m would cover about 5 months of spending at that rate. It employed 229 people.