MK GALLERY

Registered charity 1059678 · accounts filings on the Charity Commission register · also known as M K GALLERY, MILTON KEYNES THEATRE AND GALLERY COMPANY

To promote, maintain, improve and advance the education and understanding of the public, particularly through the production and presentation of and engagement with the arts, visual culture and related areas of creative practice, and to formulate, prepare and establish projects and schemes therefore provided that all objects of the Gallery shall be of a charitable nature.

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

Latest income
£1.8m
Latest spending
£1.8m
Registered
1996
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity ended the year in a profitable position with a net movement in funds of £60,532, driven by strong trading performance and stable core funding. Per the trustees' report, free reserves were £311,006, which is below the stated policy target of £350,000, though the trustees consider these sufficient for current operations.

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

What the accounts disclose

Highest-paid employee band: £85,000 - £90,000 — above the median for charities its size (£70k)
“One employee received remuneration in the band £85,000 to £90,000 during the year” — page 34
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee received remuneration in the band £85,000 to £90,000 during the year” — page 34
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Arts Council England (22% of income)
“Arts Council England 390,360” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: 3 months operation or £350,000 (held: £311k)
“They take the view that the nature of MK Gallery’s consolidated cash flows is such that they have set as a medium-term objective to maintain an unrestricted reserve, at a level of 3 months operation or £350,000.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Trustees
“During the year donations of £300 were received from Trustees (2024: £200). There are no other related party transactions during the period that require disclosure.” — page 45
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: MK Gallery Enterprises Limited
“The charity’s wholly owned subsidiary, MK Gallery Enterprises Limited, was established in 2018 to undertake the Gallery’s trading activities.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HW Bedford Ltd. Discloses 6 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Corporate structure

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

2 registered titles 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
£1.8m
Cost of raising funds
£156k
Reserves (reported)
£311k
Employees
34

Reported reserves equal ~2.1 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: 8.7% 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: Buckinghamshire · Milton Keynes

Income and spending

Financial year endIncomeSpending
31/03/2025£1.8m£1.8m
31/03/2024£1.8m£2.1m
31/03/2023£1.6m£2.2m
31/03/2022£2.1m£2.4m
31/03/2021£1.7m£1.6m

Common questions

Is MK GALLERY financially healthy?

Per its FY2025 accounts: The accounts state that the charity ended the year in a profitable position with a net movement in funds of £60,532, driven by strong trading performance and stable core funding. Per the trustees' report, free reserves were £311,006, which is below the stated policy target of £350,000, though the trustees consider these sufficient for current operations. Its FY2025 accounts were audited by HW Bedford Ltd.

What does the highest-paid employee of MK GALLERY earn?

Per its FY2025 accounts, the highest-paid employee was in the £85,000 - £90,000 band, and 1 employees earned over £60,000.

Who funds MK GALLERY?

Funders whose own accounts filings name MK GALLERY as a grant recipient include THE FIDELITY UK FOUNDATION, THE FREELANDS FOUNDATION LIMITED, ANSON CHARITABLE TRUST, THE AUSTIN AND HOPE PILKINGTON TRUST, Thomas Waley-Cohen Charitable Trust.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE FIDELITY UK FOUNDATIONFY2025£335kArts, Culture and Heritage
THE FREELANDS FOUNDATION LIMITEDFY2021£107kFreelands Award winner Ingrid Pollard exhibition
ANSON CHARITABLE TRUSTFY2025£10kCharitable Donation
ANSON CHARITABLE TRUSTFY2024£10kCharitable Donation
ANSON CHARITABLE TRUSTFY2022£10kCharitable Donation
THE AUSTIN AND HOPE PILKINGTON TRUSTFY2022£5kQuarterly Grants for Institutions - Round Four - The Arts - BAME Communities
Thomas Waley-Cohen Charitable TrustFY2024£1k
JERWOOD FOUNDATIONFY2024—Catalogue publication

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund20/12/2006£143kYoung People's Project

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 SHOWROOM GALLERY LTD..

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MK GALLERY£1.8m£85,000 - £90,0001unclear—no doubt
THE SHOWROOM GALLERY LTD. FY2025£409k—0above—no doubt
THE MUSEUMS ASSOCIATION FY2025£2.2m——above—no doubt
NATIONAL ASSOCIATION FOR GALLERY EDUCATION FY2025£439k——unclear—no doubt
CASTLEFIELD GALLERY FY2025£671k—0unclear—no doubt
CRAFT CENTRE AND DESIGN GALLERY LIMITED FY2025£114k—0below—not going concern

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