EMI ARCHIVE TRUST
The advancement of education and research and, in particular, to foster and promote the study and appreciation of the art techniques and development of sound recording and the history of the sound recording industry.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £206,205, exceeding the stated policy target of three months' running costs. The Trust relies on a service agreement with Universal Music Group for administration and has secured an in-principle grant of £2.1 million from the Arcadia Fund for digitization, contingent on locating studio space.
What the accounts disclose
“The Trustees are aware-that three. months running.costs-need'to be-available in reserve.as a safeguard.against unforeseen expenditure and liabilities and unpredictable income streams and are- working toward that‘aim:” — page 12
“EMI Group Limited and its subsidiary undertakings have donated archive material'to The Trust, however while ownership of the assets has passed to the.company, the donor companies have retained income ‘producing.rights. ‘On this basis it has been concluded that the gifts have no direct commercial value to the Trust.” — page 18
Trustees
- THOMAS ALEXANDER WILLIAMSchair
- BARNABY WILLIAM WRAGG
- CHRISTOPHER JOHN KENNEDY
- DANIEL MORALES
- EMILY ELLEN MULLINS
- JACQUELINE ANNE BISHOP
- Leanne Badray Fata
- MARGARET JANE ORR MBE
- RICHARD O'BRIEN
- Ross Gregory Foster
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £91k | £63k |
| 31/03/2024 | £87k | £61k |
| 31/03/2023 | £80k | £66k |
| 31/03/2022 | £133k | £166k |
| 31/03/2021 | £135k | £132k |
Common questions
Is EMI ARCHIVE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £206,205, exceeding the stated policy target of three months' running costs. The Trust relies on a service agreement with Universal Music Group for administration and has secured an in-principle grant of £2.1 million from the Arcadia Fund for digitization, contingent on locating studio space. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| ARCADIA | — | £2.5m | The Global Gramophone: Early commercial sound recordings around the world |