MK GALLERY
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.
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.
What the accounts disclose
“One employee received remuneration in the band £85,000 to £90,000 during the year” — page 34
“One employee received remuneration in the band £85,000 to £90,000 during the year” — page 34
“Arts Council England 390,360” — page 29
“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
“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
“The charity’s wholly owned subsidiary, MK Gallery Enterprises Limited, was established in 2018 to undertake the Gallery’s trading activities.” — page 13
Year-over-year changes
- Top pay band moved from £75,001 - £85,000 (FY2024) to £85,000 - £90,000 (FY2025).
Corporate structure
- Registered company of the charity Companies House 02422890
Leadership, per the charity’s website
- Anthony Spira — Director
- Liz Gifford — Chair
Funders the charity credits
- Arts Council England
- Milton Keynes Council
Company officers (Companies House)
- WEBSTER, Graham Philip on trustee list
- BONSOR, Jane Hope on trustee list
- MILLER, Mary Frances on trustee list
- FERRANS, Jenni, Clr on trustee list
- SPIRA, Anthony John Peter on trustee list
- CARBERT, Susan Margaret on trustee list
- WESTACOTT, Sarah on trustee list
- AMOAH, Asase Chike Tanoh on trustee list
- MASCARENHAS, Roselyn on trustee list
- KING, David Neil on trustee list
- YEOMANS, Sunita on trustee list
- GIFFORD, Elizabeth Patricia on trustee list
- HOPKINS, David George, Councillor on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Elizabeth Patricia Giffordchair
- Anthony John Peter Spira
- Asase Chike Tanoh Amoah
- David Hopkins
- David King
- Graham Philip Webster
- Jane Hope Bonsor
- Jenni Ferrans Cllr
- Mary Frances Miller
- Natalie Ellen Drought
- Precious Zumbika - Lwanga
- Roselyn Mascarenhas
- Sarah Westacott
- Sunita Yeomans
- Susan Margaret Carbert
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE FIDELITY UK FOUNDATION | FY2025 | £335k | Arts, Culture and Heritage |
| THE FREELANDS FOUNDATION LIMITED | FY2021 | £107k | Freelands Award winner Ingrid Pollard exhibition |
| ANSON CHARITABLE TRUST | FY2025 | £10k | Charitable Donation |
| ANSON CHARITABLE TRUST | FY2024 | £10k | Charitable Donation |
| ANSON CHARITABLE TRUST | FY2022 | £10k | Charitable Donation |
| THE AUSTIN AND HOPE PILKINGTON TRUST | FY2022 | £5k | Quarterly Grants for Institutions - Round Four - The Arts - BAME Communities |
| Thomas Waley-Cohen Charitable Trust | FY2024 | £1k | |
| JERWOOD FOUNDATION | FY2024 | — | Catalogue publication |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 20/12/2006 | £143k | Young People's Project |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JULIA RAUSING TRUST | 1 | £761k |
| THE MASTER CHARITABLE TRUST | 1 | £733k |
| THE ROTHSCHILD FOUNDATION | 1 | £101k |
| JOHN LYON'S CHARITY | 1 | £42k |
| THE HAWORTH CHARITABLE TRUST | 1 | £38k |
| Brian Mercer Trust | 1 | £36k |
| THE HENRY MOORE FOUNDATION | 1 | £30k |
| JOHN ELLERMAN FOUNDATION | 1 | £25k |
Charities like this
- THE SHOWROOM GALLERY LTD.
- THE MUSEUMS ASSOCIATION
- NATIONAL ASSOCIATION FOR GALLERY EDUCATION
- CASTLEFIELD GALLERY
- CRAFT CENTRE AND DESIGN GALLERY LIMITED
- BACKLIT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MK GALLERY | £1.8m | £85,000 - £90,000 | 1 | unclear | — | no doubt |
| THE SHOWROOM GALLERY LTD. | £409k | — | 0 | above | — | no doubt |
| THE MUSEUMS ASSOCIATION | £2.2m | — | — | above | — | no doubt |
| NATIONAL ASSOCIATION FOR GALLERY EDUCATION | £439k | — | — | unclear | — | no doubt |
| CASTLEFIELD GALLERY | £671k | — | 0 | unclear | — | no doubt |
| CRAFT CENTRE AND DESIGN GALLERY LIMITED | £114k | — | 0 | below | — | not going concern |