MERCURY MUSICAL DEVELOPMENTS
Develops the craft of composers, lyricists & book writers in musical theatre. MMD nurtures & showcases new talent.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £108,642, which the trustees consider sufficient to meet financial liabilities as they fall due. The charity reported a net deficit of £18,482 for the year, with total funds decreasing from £140,798 to £122,316. The trustees acknowledge that the principal risk is ensuring continued adequate funding for activities.
What the accounts disclose
“The directors do not look to generate a particular level of unrestricted funds but to maintain unrestricted reserves so that the charity can meet its financial liabilities as they fall due.” — page 5
Funders the charity credits
- Arts Council England
- PRS Foundation
- The Mackintosh Foundation
- Music Theatre International Europe
- Jane Goodman Charitable Trust
- Lionel Bart Foundation
- Coral Samuel Charitable Trust
- Garfield Weston Foundation
Trustees
- Matthew Eameschair
- Danielle Claire TARENTO
- REBECCA GWYTHER
- SARAH REILLY
- STEPHEN MARC PIDCOCK
- STEVEN GREENHALGH
- SUMERAH SRIVASTAVA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £175k | £193k |
| 31/03/2024 | £166k | £192k |
| 31/03/2023 | £179k | £168k |
| 31/03/2022 | £151k | £184k |
| 31/03/2021 | £164k | £109k |
Common questions
Is MERCURY MUSICAL DEVELOPMENTS financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £108,642, which the trustees consider sufficient to meet financial liabilities as they fall due. The charity reported a net deficit of £18,482 for the year, with total funds decreasing from £140,798 to £122,316. The trustees acknowledge that the principal risk is ensuring continued adequate funding for activities. Its FY2025 accounts were independently examined.
Who funds MERCURY MUSICAL DEVELOPMENTS?
Funders whose own accounts filings name MERCURY MUSICAL DEVELOPMENTS as a grant recipient include THE MACKINTOSH FOUNDATION, DORIS FIELD CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MACKINTOSH FOUNDATION | FY2023 | £90k | |
| THE MACKINTOSH FOUNDATION | FY2025 | £5k | |
| DORIS FIELD CHARITABLE TRUST | FY2023 | £1k | Single payment |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BACKSTAGE TRUST | 1 | £1.6m |
| THE GATSBY CHARITABLE FOUNDATION | 1 | £1.3m |
| MOONDANCE FOUNDATION | 1 | £750k |
| THE FIDELITY UK FOUNDATION | 1 | £325k |
| HUO FAMILY FOUNDATION (UK) LIMITED | 1 | £204k |
| TACKLE AFRICA | 1 | £202k |
| THE MARCELA TRUST | 1 | £100k |
| THE GEOFFREY AND PAULINE MARTIN TRUST | 1 | £32k |
Charities like this
- COLCHESTER MERCURY THEATRE LIMITED
- EARLY MUSIC AS EDUCATION
- THE MERRY OPERA COMPANY
- MERCURY PHOENIX TRUST
- MUSIC MINDS MATTER
- THEATRE DEVELOPMENT TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MERCURY MUSICAL DEVELOPMENTS | £175k | — | 0 | unclear | — | no doubt |
| COLCHESTER MERCURY THEATRE LIMITED | £5.8m | — | 4 | unclear | — | no doubt |
| EARLY MUSIC AS EDUCATION | £137k | — | 0 | within | — | no doubt |
| THE MERRY OPERA COMPANY | £178k | — | 0 | unclear | — | no doubt |
| MERCURY PHOENIX TRUST | £516k | — | 0 | unclear | — | no doubt |
| MUSIC MINDS MATTER | £1.3m | — | 0 | unclear | — | no doubt |