Wise Music Foundation
Providing financial support for people experiencing hardship, distress and illness, with a focus on children, the homeless and people living in poverty.
Objects
A)TO RELIEVE PERSONS IN CASES OF NEED HARDSHIP DISTRESS ILLNESS OR INFIRMITY B)TO FURTHER THE EDUCATION OF CHILDREN C)ANY CHARITABLE PURPOSE FOR THE BENEFIT OF THE INHABITANTS
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.
What the accounts disclose
“Donations and legacies 71,765”
Trustees
- CHRISTOPHER MARK BUTLER
- David Stock
- James Alexander John Welland
- MILDRED WISE
- MR MARCUS WISE
- Nicholas John Marcus Kemp
- ROBERT WISE
- Rebecca Louise Tyler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.