NORTH MUSIC TRUST
The Glasshouse International Centre for Music is an International home for music and musical discovery, with roots, a world-wide reputation, a global programme and a fully inclusive welcome to all its users and to all musical styles and languages.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to a surplus of £6.4m, while the trustees' report notes that free reserves are £1.5m, which is above the stated policy target of £1.0m. The charity reported a net surplus for the year and confirmed it has adequate resources to continue operations for the foreseeable future.
What the accounts disclose
“£120,001 - £130,000 1” — page 42
“During the year, the group made purchases of £597,115 (2024: £739,556) from Gateshead Energy Company Limited, a company under common directorship.” — page 56
“During the year, the group made purchases of £138,900 (2024: 189,065) and sales of £196,754 (2024: £187,534) with Gateshead Council, an organisation under common directorship.” — page 56
“During the year, the group made purchases of £597,115 (2024: £739,556) from Gateshead Energy Company Limited, a company under common directorship.” — page 56
“During the year, the group made purchases of £138,900 (2024: 189,065) and sales of £196,754 (2024: £187,534) with Gateshead Council, an organisation under common directorship.” — page 56
“During the year, the group made purchases of £597,115 (2024: £739,556) from Gateshead Energy Company Limited, a company under common directorship.” — page 56
“During the year, the group made purchases of £138,900 (2024: 189,065) and sales of £196,754 (2024: £187,534) with Gateshead Council, an organisation under common directorship.” — page 56
“During the year, the group made purchases of £597,115 (2024: £739,556) from Gateshead Energy Company Limited, a company under common directorship.” — page 56
“During the year, the group made purchases of £138,900 (2024: 189,065) and sales of £196,754 (2024: £187,534) with Gateshead Council, an organisation under common directorship.” — page 56
“During the year, the group made purchases of £597,115 (2024: £739,556) from Gateshead Energy Company Limited, a company under common directorship.” — page 56
“During the year, the group made purchases of £138,900 (2024: 189,065) and sales of £196,754 (2024: £187,534) with Gateshead Council, an organisation under common directorship.” — page 56
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Funders the charity credits
- Sage
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (03/05/2013)
Trustees
- Andy Haldanechair
- Dale Owens
- Eleanor McGreevy
- Emily Cooney Nee Cox MBE
- Gabriel Francis Patrick Day
- Ian Henry Shipley
- Jacqui Hodgson
- Margaret Anne Scott
- Philip Henry KELLER
- Puja Darbari
- Rory Bruce Cowan
- Ruth Lyon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £17.0m | £16.8m |
| 31/03/2024 | £15.8m | £16.3m |
| 31/03/2023 | £12.9m | £14.1m |
| 31/03/2022 | £11.3m | £10.1m |
| 31/03/2021 | £13.5m | £9.4m |
Common questions
Is NORTH MUSIC TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves increased to a surplus of £6.4m, while the trustees' report notes that free reserves are £1.5m, which is above the stated policy target of £1.0m. The charity reported a net surplus for the year and confirmed it has adequate resources to continue operations for the foreseeable future. Its FY2025 accounts were audited by Azets Audit Services.
What does the highest-paid employee of NORTH MUSIC TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £120,001 - £130,000 band.
Who funds NORTH MUSIC TRUST?
Funders whose own accounts filings name NORTH MUSIC TRUST as a grant recipient include THE FOYLE FOUNDATION, THE BARBOUR FOUNDATION, THE VARDY FOUNDATION, THE NATIONAL FOUNDATION FOR YOUTH MUSIC, THE SIR JAMES KNOTT TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE FOYLE FOUNDATION | FY2025 | £1.0m | |
| THE FOYLE FOUNDATION | FY2024 | £1.0m | |
| THE BARBOUR FOUNDATION | FY2023 | £500k | |
| THE BARBOUR FOUNDATION | FY2024 | £500k | |
| THE VARDY FOUNDATION | FY2022 | £300k | |
| THE VARDY FOUNDATION | FY2024 | £100k | |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | FY2023 | £100k | |
| THE SIR JAMES KNOTT TRUST | FY2022 | £50k | Restricted funds grant |
| THE VARDY FOUNDATION | FY2023 | £43k | |
| THE MARCHUS TRUST | FY2024 | £40k | |
| THE MARCHUS TRUST | FY2023 | £40k | |
| THE ANDREW LLOYD WEBBER FOUNDATION | FY2022 | £20k | Grant |
| ST. NICHOLAS' EDUCATIONAL TRUST | FY2025 | £13k | Grants made in the furtherance of the education of young people |
| ST. NICHOLAS' EDUCATIONAL TRUST | FY2023 | £10k | Grants made in the furtherance of the education of young people |
| THE W A HANDLEY CHARITY TRUST | FY2024 | £10k | |
| ST. NICHOLAS' EDUCATIONAL TRUST | FY2024 | £10k | Grants made in the furtherance of the education of young people |
| THE W A HANDLEY CHARITY TRUST | FY2024 | £5k | |
| THE W A HANDLEY CHARITY TRUST | FY2023 | £2k | Arts, Culture & Recreation |
| THE W A HANDLEY CHARITY TRUST | FY2024 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Community Foundation North East | 08/01/2026 | £463 | Grant to North Music Trust |
| Community Foundation North East | 08/01/2026 | £174k | Grant to North Music Trust |
| Community Foundation North East | 08/01/2026 | £7k | Grant to North Music Trust |
| Community Foundation North East | 09/10/2025 | £171k | Grant to North Music Trust |
| Community Foundation North East | 09/10/2025 | £453 | Grant to North Music Trust |
| Community Foundation North East | 09/10/2025 | £7k | Grant to North Music Trust |
| Community Foundation North East | 17/07/2025 | £439 | Grant to North Music Trust |
| Community Foundation North East | 17/07/2025 | £165k | Grant to North Music Trust |
| Community Foundation North East | 17/07/2025 | £7k | Grant to North Music Trust |
| Community Foundation North East | 17/04/2025 | £162k | Grant to North Music Trust |
| Community Foundation North East | 17/04/2025 | £7k | Grant to North Music Trust |
| Community Foundation North East | 17/04/2025 | £432 | Grant to North Music Trust |
| Community Foundation North East | 09/01/2025 | £7k | Grant to North Music Trust |
| Community Foundation North East | 09/01/2025 | £453 | Grant to North Music Trust |
| Community Foundation North East | 09/01/2025 | £170k | Grant to North Music Trust |
| Community Foundation North East | 17/10/2024 | £169k | Grant to North Music Trust |
| Community Foundation North East | 17/10/2024 | £448 | Grant to North Music Trust |
| Community Foundation North East | 17/10/2024 | £7k | Grant to North Music Trust |
| Community Foundation North East | 11/07/2024 | £7k | Grant to North Music Trust |
| Community Foundation North East | 11/07/2024 | £453 | Grant to North Music Trust |
| Community Foundation North East | 11/07/2024 | £171k | Grant to North Music Trust |
| Community Foundation North East | 18/04/2024 | £7k | Grant to North Music Trust |
| Community Foundation North East | 18/04/2024 | £170k | Grant to North Music Trust |
| Community Foundation North East | 18/04/2024 | £451 | Grant to North Music Trust |
| Community Foundation North East | 12/01/2023 | £7k | Grant to North Music Trust |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Ashley Family Foundation | 2 | £27k |
| DR RADCLIFFE'S TRUST | 2 | £9k |
| THE NISBET TRUST | 1 | £335k |
| THE GLASS-HOUSE TRUST | 1 | £230k |
| JOHN JAMES BRISTOL FOUNDATION | 1 | £137k |
| THE OVE ARUP FOUNDATION | 1 | £120k |
| THE BEAVERBROOK FOUNDATION | 1 | £66k |
| THE RAYNE FOUNDATION | 1 | £60k |
Charities like this
- WILTSHIRE MUSIC CENTRE TRUST LTD
- THE GLASS-HOUSE TRUST
- GLASSHOUGHTON COMMUNITY FORUM LIMITED
- THE GLASS-HOUSE COMMUNITY LED DESIGN
- BRISTOL MUSIC TRUST
- NORTH YORKSHIRE MUSIC THERAPY CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NORTH MUSIC TRUST | £17.0m | £120,001 - £130,000 | — | above | — | no doubt |
| WILTSHIRE MUSIC CENTRE TRUST LTD | £1.2m | — | 0 | unclear | — | no doubt |
| THE GLASS-HOUSE TRUST | £277k | — | — | unclear | — | no doubt |
| GLASSHOUGHTON COMMUNITY FORUM LIMITED | £176k | — | 0 | unclear | — | no doubt |
| THE GLASS-HOUSE COMMUNITY LED DESIGN | £104k | — | — | below | — | no doubt |
| BRISTOL MUSIC TRUST | £14.4m | — | — | below | — | no doubt |