THE FOLKLORE SOCIETY
The Folklore Society is devoted to the study of traditional vernacular culture. Its objectives are to foster folklore research and recording worldwide and to make the results of these studies available to all persons whether members of the Society or not.
Objects
TO PROMOTE RESEARCH INTO AND THE RECORDING OF FOLKLORE IN ALL PARTS OF THE WORLD AND TO MAKE AVAILABLE ACADEMICALLY AND CULTURALLY THE RESULTS OF ITS STUDIES TO ALL PERSONS WHETHER MEMBER OF THE SOCIETY OR NOT.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net operating income of £134,002 for the year ended 31 December 2025, driven largely by a legacy receipt. Per the trustees' report, unrestricted reserves (net current assets) stood at £422,043, which is described as more than adequate to satisfy the stated reserves policy of maintaining two years of running costs.
What the accounts disclose
“The Society’s financial strategy is to maintain a day-to-day financial reserve (equivalent to net current assets) sufficient to meet two years of running costs (salaries of administrative staff, licence fee for office accommodation, and other expenses, a total of approximately £94,700 on current levels of expenditure) in order to provide time for restructure should there be drastic reductions in income at any future period.” — page 8
“The Charity's wholly owned trading subsidiary, Folklore Enterprises Limited, conducts the commercial activities of its parent charity and donates under gift aid any trading surplus to the parent charity each financial year. For the year ended 31 December 2025 the amount donated was £66,450 (2024: £70,500). At 31 December 2025 £1,880 (2024: £nil) was owed from the charity to Folklore Enterprises Limited. During the year the charity received donations without conditions and conference fees from the trustees totalling £426 (2024: £nil).” — page 26
Policies the charity declares
- Social media policy and procedures
Trustees
- Dr Helen Christina Frisby
- Dr Kate Rebecca Smith
- Jeremy Mark Harte
- Prof. David Matthew Hopkin
- Sophia Margaret Augusta Kingshill
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £249k | £114k |
| 31/12/2024 | £92k | £137k |
| 31/12/2023 | £87k | £67k |
| 31/12/2022 | £122k | £61k |
| 31/12/2021 | £109k | £58k |
Common questions
Is THE FOLKLORE SOCIETY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net operating income of £134,002 for the year ended 31 December 2025, driven largely by a legacy receipt. Per the trustees' report, unrestricted reserves (net current assets) stood at £422,043, which is described as more than adequate to satisfy the stated reserves policy of maintaining two years of running costs. Its FY2025 accounts were independently examined.