The Royal Northern College of Music Awards Fund

Analysis

The Royal Northern College of Music Awards Fund is a registered charity in England and Wales, based in Manchester. It was registered in February 1976, 50 years ago. Its declared purposes cover education/training, which this site groups under education and training. It says it makes grants to individuals.

In the financial year ending July 2025, The Royal Northern College of Music Awards Fund reported income of £1.9m and spending of £2.7m, spending 140% of what it took in. Across the 5 years on record, from July 2021 to July 2025, income grew from £914k to £1.9m (+112%), an average of +21% a year. The sharpest change came in the year to July 2024, when income rose by 37%. Over the whole period it spent 130% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, The Royal Northern College of Music Awards Fund sits at the 95th percentile: it is larger than about 95% of them. Against every charity in England and Wales with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include Schools and Teachers Innovating for Results (£1.9m), Camden Garden Centre Charitable Trust (£1.9m) and Norfolk Citizens Advice (£1.9m).

In its latest detailed accounts, income came from investments 51% and donations and legacies 49%. Gifts in wills alone brought in £98k. Charitable activities took 95% of spending and raising funds 4.4%. Reserves of £1.2m would cover about 5 months of spending at that rate.