THE NATIONAL ASSOCIATION OF DECORATIVE AND FINE ARTS SOCIETIES
The promotion and advancement of the aesthetic education of the public in the cultivation, appreciation and study of the decorative and fine arts and the giving of aid to the preservation of the artistic heritage of the United Kingdom and other countries for the benefit of the public.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £287,483 for the year, a significant improvement from the previous year's net income, largely due to the absence of a one-off property sale gain. The trustees maintain that the charity has adequate resources to continue as a going concern, with unrestricted free reserves of £587,601 meeting their policy target of six months' expenditure.
What the accounts disclose
“£170,000 - £179,999 1”
“The number of employees who earned more than £60,000 for whom pension contributions have been paid in the year is 4” — page 44
“The group target for 2024 on general reserve funds was to maintain a level of reserves equivalent to 6 months' general fund expenditure.” — page 19
“NEL charged The Arts Society £253,615 (2023: £2254,612) for the production of the magazine.” — page 49
“Staff costs totalling £18,853 (2023: £43,327) were recharged to NEL, and £15,910 (2023: £22,844) to Tours.”
“NEL charged The Arts Society £253,615 (2023: £2254,612) for the production of the magazine.” — page 49
“Staff costs totalling £18,853 (2023: £43,327) were recharged to NEL, and £15,910 (2023: £22,844) to Tours.”
“NEL charged The Arts Society £253,615 (2023: £2254,612) for the production of the magazine.” — page 49
“Staff costs totalling £18,853 (2023: £43,327) were recharged to NEL, and £15,910 (2023: £22,844) to Tours.”
“Governance issues were keenly debated in the first half of the year, with a very impressive 80% turn-out for the key vote on proposed changes to the Charity’s constitution.” — page 5
Year-over-year changes
- Employees paid over £60,000: 2 (FY2023) → 4 (FY2024).
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- JEREMY DAVID NICHOLSON THOMASchair
- Anthony Clive Callender
- Dr Geraldine Anne Parlby
- Joanna Ward
- Lesley Veda Jones
- Lucy Harvey-Scholes
- Michael John Shirley
- Oliver John Leonard
- Stephen Charles Hughes
- TREVOR WALTERS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.9m | £2.4m |
| 31/12/2023 | £1.7m | £2.2m |
| 31/12/2022 | £1.5m | £2.4m |
| 31/12/2021 | £1.6m | £1.8m |
| 31/12/2020 | £1.8m | £1.7m |
Common questions
Is THE NATIONAL ASSOCIATION OF DECORATIVE AND FINE ARTS SOCIETIES financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £287,483 for the year, a significant improvement from the previous year's net income, largely due to the absence of a one-off property sale gain. The trustees maintain that the charity has adequate resources to continue as a going concern, with unrestricted free reserves of £587,601 meeting their policy target of six months' expenditure. Its FY2024 accounts were audited by Moore Kingston Smith LLP.
What does the highest-paid employee of THE NATIONAL ASSOCIATION OF DECORATIVE AND FINE ARTS SOCIETIES earn?
Per its FY2024 accounts, the highest-paid employee was in the £170,001 - £180,000 band, and 4 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 11/01/2011 | £1.7m | The Neighbourhood Challenge |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASTER CHARITABLE TRUST | 2 | £1.0m |
| GARFIELD WESTON FOUNDATION | 1 | £2.0m |
| THE FOYLE FOUNDATION | 1 | £798k |
| THE JULIA RAUSING TRUST | 1 | £761k |
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £543k |
| NESTA | 1 | £324k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £111k |
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £77k |
Charities like this
- THE MUSEUMS ASSOCIATION
- THE INGRAM ART FOUNDATION
- NATIONAL ASSOCIATION FOR GALLERY EDUCATION
- ARTSWORK LIMITED
- NATIONAL ART COLLECTIONS FUND
- THE BRITISH SOCIETY OF AESTHETICS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE NATIONAL ASSOCIATION OF DECORATIVE AND FINE ARTS SOCIETIES | £1.9m | £170,001 - £180,000 | 4 | within | — | no doubt |
| THE MUSEUMS ASSOCIATION | £2.2m | — | — | above | — | no doubt |
| THE INGRAM ART FOUNDATION | £152k | — | — | unclear | — | no doubt |
| NATIONAL ASSOCIATION FOR GALLERY EDUCATION | £439k | — | — | unclear | — | no doubt |
| ARTSWORK LIMITED | £1.9m | — | — | unclear | — | no doubt |
| NATIONAL ART COLLECTIONS FUND | £17.7m | £150,001 - £160,000 | — | within | — | no doubt |