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THE PERFORMING RIGHT SOCIETY FOUNDATION

Registered charity 1080837 · accounts filings on the Charity Commission register · also known as PRS FOR MUSIC FOUNDATION, PRSF

Latest income
£5.1m
Latest spending
£4.8m
Registered
2000
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a net deficit of £183,432 for the year ended 31 December 2022, resulting in total funds decreasing to £1,038,075. The trustees confirm that unrestricted reserves stand at £141,248, which they consider sufficient to cover operating costs for the first quarter of the following year, and note confirmed funding from PRS for 2023 and 2024.

What the accounts disclose

Highest-paid employee band: £70,001 - £80,000 — below the median for charities its size (£76k)
“One employee received emoluments, excluding pension contributions, of between £70,000-£80,000 (2021: one employee between £60,000-£70,000).” — page 35
Per its FY2022 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee received emoluments, excluding pension contributions, of between £70,000-£80,000 (2021: one employee between £60,000-£70,000).” — page 35
Per its FY2022 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith LLP.

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.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£5.1m
Total spending
£4.8m
Cost of raising funds
£106k
Reserves (reported)
£150k
Employees
14

Reported reserves equal ~0.4 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Ireland · Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£5.1m£4.8m
31/12/2023£4.2m£4.2m
31/12/2022£4.0m£4.2m
31/12/2021£4.2m£4.1m
31/12/2020£3.9m£3.9m

Common questions

Is THE PERFORMING RIGHT SOCIETY FOUNDATION financially healthy?

The accounts state that the charity reported a net deficit of £183,432 for the year ended 31 December 2022, resulting in total funds decreasing to £1,038,075. The trustees confirm that unrestricted reserves stand at £141,248, which they consider sufficient to cover operating costs for the first quarter of the following year, and note confirmed funding from PRS for 2023 and 2024. Its FY2022 accounts were audited by Moore Kingston Smith LLP.

What does the highest-paid employee of THE PERFORMING RIGHT SOCIETY FOUNDATION earn?

Per its FY2022 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.

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.

FunderSimilar charities fundedAmount to them
THE ASSOCIATED BOARD OF THE ROYAL SCHOOLS OF MUSIC2£20
National Philanthropic Trust UK Limited1£4.4m
The Ashley Tabor-King Foundation1£1.1m
ANA LEAF FOUNDATION1£1.0m
THE RUMI FOUNDATION1£550k
THE RUBIN FOUNDATION CHARITABLE TRUST1£300k
PETER DUBENS FAMILY FOUNDATION1£300k
IGY FOUNDATION1£250k

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