Charity Accounts Intelreading the accounts so you don’t have to

Wise Music Foundation

Registered charity 1014942 · accounts filings on the Charity Commission register · also known as MUSIC SALES CHARITABLE TRUST

Providing financial support for people experiencing hardship, distress and illness, with a focus on children, the homeless and people living in poverty.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · Overseas Aid/famine Relief · Religious Activities · website · Get email alerts

Latest income
£90k
Latest spending
£93k
Registered
1992
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity maintained a stable financial position with total funds increasing to £255,438 from £228,293 in the prior year. Unrestricted reserves stood at £6,438, while restricted funds remained at £249,000. The charity reported a net income of £27,145, driven by donations and investment income exceeding charitable expenditure.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations and legacies (80% of income)
“Donations and legacies 71,765”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£90k£93k
31/12/2023£90k£93k
31/12/2022£120k£112k
31/12/2021£102k£167k
31/12/2020£93k£69k

Common questions

Is Wise Music Foundation financially healthy?

Per its FY2024 accounts: The accounts state that the charity maintained a stable financial position with total funds increasing to £255,438 from £228,293 in the prior year. Unrestricted reserves stood at £6,438, while restricted funds remained at £249,000. The charity reported a net income of £27,145, driven by donations and investment income exceeding charitable expenditure. Its FY2024 accounts were independently examined.