THACKRAY MEDICAL MUSEUM COMPANY LIMITED

Registered charity 1016169 · accounts filings on the Charity Commission register · also known as THACKRAY MUSEUM

The Thackray Museum is one of the UK's leading medical museums. This is the place to explore, discover and marvel at the exciting story of modern medicine. Find the sights, sounds and smells of Victorian Leeds, and wonder at the medical treatments and practices that were applied in the past.

Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · website · Get email alerts

Latest income
£1.8m
Latest spending
£2.4m
Registered
1993
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £553,122 for the year, resulting in a significant decrease in its general reserves. The trustees note that free reserves stood at a deficit of (£45,227), which is below the stated policy target of three months' operational costs (£325,000). Despite these deficits and an unpredictable economic climate, the trustees maintain that the group has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“There was one employee paid between £60,000 and £70,000 in the period (2024: one).” — page 49
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“There was one employee paid between £60,000 and £70,000 in the period (2024: one).” — page 49
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: The Medical Museum Trading Company Limited
“The charity has one wholly owned trading subsidiary, The Medical Museum Trading Company Limited (Company No 02580425), which carries on the commercial activities that are ancillary to the operation of the Museum.” — page 47
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by BHP LLP. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.8m
Total spending
£2.4m
Cost of raising funds
£202k
Reserves (reported)
£78k
Employees
48

Reported reserves equal ~0.4 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (52% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 11.0% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Leeds City

Income and spending

Financial year endIncomeSpending
31/03/2025£1.8m£2.4m
31/03/2024£1.7m£2.1m
31/03/2023£1.6m£2.0m
31/03/2022£1.8m£2.1m
31/12/2020£2.1m£1.2m

Common questions

Is THACKRAY MEDICAL MUSEUM COMPANY LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £553,122 for the year, resulting in a significant decrease in its general reserves. The trustees note that free reserves stood at a deficit of (£45,227), which is below the stated policy target of three months' operational costs (£325,000). Despite these deficits and an unpredictable economic climate, the trustees maintain that the group has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by BHP LLP.

What does the highest-paid employee of THACKRAY MEDICAL MUSEUM COMPANY LIMITED earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.

Who funds THACKRAY MEDICAL MUSEUM COMPANY LIMITED?

Funders whose own accounts filings name THACKRAY MEDICAL MUSEUM COMPANY LIMITED as a grant recipient include THE THACKRAY MEDICAL RESEARCH TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE THACKRAY MEDICAL RESEARCH TRUSTFY2022£424kSupport grant
THE THACKRAY MEDICAL RESEARCH TRUSTFY2022£79kCapital works grants
THE THACKRAY MEDICAL RESEARCH TRUSTFY2022£5kScoping study for medical practitioners listing project
THE THACKRAY MEDICAL RESEARCH TRUSTFY2022£4kContributions to new collections management system
THE THACKRAY MEDICAL RESEARCH TRUSTFY2022£2kCovid relief grants

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund02/11/2023£204k"Insights, identity and imagination – taking steps to engage a wider audience and improve organisational resilience."
UK government13/12/2021£226kNational Portfolio Organisations
The National Lottery Heritage Fund24/08/2020£151k"COVID19: Thackray Museum"
The National Lottery Heritage Fund17/03/2015£945k"A Healthy Future for Thackray Medical Museum (KickstartGIA2020)"
The National Lottery Heritage Fund24/03/2011£50k"Thackray Remembered"
The National Lottery Heritage Fund23/10/1995£3.0m"Thackray Medical Museum, Leeds"

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE THACKRAY MEDICAL RESEARCH TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THACKRAY MEDICAL MUSEUM COMPANY LIMITED£1.8m£60,001 - £70,0001unclear—no doubt
THE THACKRAY MEDICAL RESEARCH TRUST FY2025£241k—0unclear—no doubt
THE ROYAL SOCIETY OF MEDICINE FY2025£13.7m——above48.0%no doubt
SHEFFIELD MUSEUMS TRUST FY2025£5.5m——unclear—no doubt
CATALYST SCIENCE DISCOVERY CENTRE AND MUSEUM TRUST LIMITED FY2025£861k—0below—no doubt
THROMBOSIS UK FY2025£293k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.