THE INSTITUTE OF MATHEMATICS AND ITS APPLICATIONS
The Institute promotes and supports understanding, teaching, research and applications of mathematics.
Financial health, per its FY2024 accounts
The accounts state that the charity reported an unrestricted surplus of £23,900 for the year ended 31 December 2024, driven by unexpected income from publications. Free reserves stood at £1,312,856, which the trustees deem to meet their policy target of equivalent to one year’s standard expenditure.
What the accounts disclose
“During the year £617 was paid to Dr Snezana Lawrence in relation to services were provided to the institute (2023 £434 relating to services provided by Dr Snezana Lawrence). No trustees received any remuneration from employment with the charity.” — page 69
Leadership, per the charity’s website
- Howard Haughton — EDI Champion
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Heather Tewkesburychair
- Dr Anastasia Sofroniou
- Dr Andrew Stephen Harrison
- Dr Eduard Campillo Funollet
- Dr Howard Phillip Haughton
- Dr Keith Briggs
- Dr Nira Cyril Chamberlain OBE
- Dr Richard Gilmour Eric Pinch
- Dr Samuel George Kamperis
- Dr Sophie Carr
- Mia Sarah Lilly Beard
- Michael Thain
- Nathan Turner
- PROFESSOR CATHERINE ANN HOBBS
- Professor Alexander Charles Richard Belton
- Professor Andrew Harold Osbaldestin
- Professor Hannah Fry
- Professor Ke Chen
- Professor Paul Alexander Glendinning FRSE
- Professor Paul Glaister
- Professor Stephen Lynch
- Professor Timothy Nigel Phillips
- Professor Veronica Elizabeth Bowman OBE
- Simon Paul Johnson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.3m | £1.3m |
| 31/12/2023 | £1.3m | £1.2m |
| 31/12/2022 | £1.1m | £1.1m |
| 31/12/2021 | £1.1m | £999k |
| 31/12/2020 | £1.2m | £935k |
Common questions
Is THE INSTITUTE OF MATHEMATICS AND ITS APPLICATIONS financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported an unrestricted surplus of £23,900 for the year ended 31 December 2024, driven by unexpected income from publications. Free reserves stood at £1,312,856, which the trustees deem to meet their policy target of equivalent to one year’s standard expenditure. Its FY2024 accounts were audited by Rickard Luckin Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GATSBY CHARITABLE FOUNDATION | 1 | £20.0m |
| THE NUFFIELD FOUNDATION | 1 | £309k |
| THE JANE GOODALL INSTITUTE (UK) | 1 | £206k |
| THE CHARLES SKEY CHARITABLE TRUST | 1 | £140k |
| FOUNDATIONS - WHAT WORKS CENTRE FOR CHILDREN AND FAMILIES | 1 | £135k |
| THE PG & NJ BOULTON TRUST LIMITED | 1 | £82k |
| BETHEL PRESBYTERIAN CHURCH (REFORMED) CARDIFF WEST | 1 | £48k |
| THE OVO CHARITABLE FOUNDATION | 1 | £37k |
Charities like this
- JANE GOODALL INSTITUTE, GLOBAL
- THE INSTITUTE OF HEALTHCARE ENGINEERING AND ESTATE MANAGEMENT
- THE INSTITUTE FOR PHILANTHROPY
- ENERGY INSTITUTE
- INSTITUTE OF IMAGINATION
- INSTITUTE FOR GOVERNMENT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE INSTITUTE OF MATHEMATICS AND ITS APPLICATIONS | £1.3m | — | — | above | — | no doubt |
| JANE GOODALL INSTITUTE, GLOBAL | £707k | — | — | unclear | — | no doubt |
| THE INSTITUTE OF HEALTHCARE ENGINEERING AND ESTATE MANAGEMENT | £1.2m | — | 2 | above | — | no doubt |
| THE INSTITUTE FOR PHILANTHROPY | £244k | — | — | below | — | no doubt |
| ENERGY INSTITUTE | £11.0m | — | — | unclear | — | no doubt |
| INSTITUTE OF IMAGINATION | £512k | £80,001 - £90,000 | 0 | below | — | no doubt |