The Royal Northern College of Music Endowment Fund

Analysis

The Royal Northern College of Music Endowment 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 organisations.

In the financial year ending July 2025, The Royal Northern College of Music Endowment Fund reported income of £4.0m and spending of £4.3m, spending 107% of what it took in. Across the 5 years on record, from July 2021 to July 2025, income grew from £620k to £4.0m (+547%), an average of +60% a year. The sharpest change came in the year to July 2023, when income rose by 111%. Over the whole period it spent 104% 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 Endowment Fund sits at the 97th percentile: it is larger than about 96% of them. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include Harvard Global Foundation Limited (£4.0m), Old Vicarage School Trust (£4.0m) and The Cavendish School Charitable Trust Limited (£4.0m).

In its latest detailed accounts, income came from donations and legacies 90% and investments 10%. Gifts in wills alone brought in £2,000. Charitable activities took 99% of spending and raising funds 0.6%. Grants to other organisations totalled £4.2m. Reserves of £10.4m would cover about 29 months of spending at that rate.