THE ROYAL DRAWING SCHOOL
To facilitate and promote the practice of drawing from observation; we believe that this is crucial for all aspects of visual learning, thinking and practice. We aim to fill a gap left by the steady erosion of observational drawing from the study of art in higher education and in schools by offering tuition and resources to art students, artists, children and the public.
Financial health, per its FY2025 accounts
The accounts state that total net assets stood at £19,516,975, comprising a £15.3 million endowment fund and £1.3 million in unrestricted general funds. The charity reported a net expenditure for the year, noting that the additional spending was due to its 25th anniversary, re-branding, and digital investments. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“the Trustees’ aim is to establish a level of unrestricted general reserves covering at least six months of operating expenditure. On this basis, the School has identified restricted and general funds of approximately £1,750,000.”
“One trustee received fees totalling £1,556 in connection with services as a self-employed drawing tutor (2024: one).”
“Trustees donated £25,000 in the year (2024: £25,000).” — page 36
“One trustee received fees totalling £1,556 in connection with services as a self-employed drawing tutor (2024: one).”
“Trustees donated £25,000 in the year (2024: £25,000).” — page 36
“One trustee received fees totalling £1,556 in connection with services as a self-employed drawing tutor (2024: one).”
Leadership, per the charity’s website
- Catherine Goodman CBE LVO — Founding Director
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Dr Mary Wellesley
- Elizabeth Sorensen
- Fope Adelowo
- Glenda Adrianne Bailey OBE DBE
- John Booth
- Mariam Fazal Faruqi
- Matthew Rice
- NICHOLAS JOHN VETCH
- Professor Eileen Hogan
- Tania Liliana Slowe
- Timothy Aidan John Knox
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £4.5m | £5.1m |
| 31/08/2024 | £4.4m | £3.8m |
| 31/08/2023 | £3.6m | £3.8m |
| 31/08/2022 | £3.2m | £3.2m |
| 31/08/2021 | £2.6m | £3.3m |
Common questions
Is THE ROYAL DRAWING SCHOOL financially healthy?
Per its FY2025 accounts: The accounts state that total net assets stood at £19,516,975, comprising a £15.3 million endowment fund and £1.3 million in unrestricted general funds. The charity reported a net expenditure for the year, noting that the additional spending was due to its 25th anniversary, re-branding, and digital investments. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by HaysMac LLP.
Who funds THE ROYAL DRAWING SCHOOL?
Funders whose own accounts filings name THE ROYAL DRAWING SCHOOL as a grant recipient include THE ROTHSCHILD FOUNDATION, THE FIDELITY UK FOUNDATION, THE CLORE DUFFIELD FOUNDATION, THE LINBURY TRUST, PRISM THE GIFT FUND.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KATHLEEN BERYL SLEIGH CHARITABLE TRUST | 2 | £70k |
| THE KIRBY LAING FOUNDATION | 2 | £43k |
| JERWOOD FOUNDATION | 1 | — |
| THE LEVERHULME TRUST | 1 | £538k |
| L G HARRIS TRUST | 1 | £241k |
| THE LONDON WOMEN'S CLINIC FOUNDATION | 1 | £207k |
| THE HEADLEY TRUST | 1 | £163k |
| NEW GENERATION EUROPE FOUNDATION | 1 | £158k |
Charities like this
- CITY AND GUILDS OF LONDON ART SCHOOL LIMITED
- ROYAL FEMALE SCHOOL OF ART FOUNDATION
- THE ROYAL SCHOOL OF CHURCH MUSIC
- BANKSIDE GALLERY LIMITED
- THE ALBERT DAWSON EDUCATIONAL TRUST
- THE CHILDRENS ART SCHOOL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ROYAL DRAWING SCHOOL | £4.5m | — | — | unclear | — | no doubt |
| CITY AND GUILDS OF LONDON ART SCHOOL LIMITED | £4.1m | — | 0 | unclear | — | no doubt |
| ROYAL FEMALE SCHOOL OF ART FOUNDATION | £215k | — | 0 | unclear | — | no doubt |
| THE ROYAL SCHOOL OF CHURCH MUSIC | £1.6m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| BANKSIDE GALLERY LIMITED | £448k | — | — | unclear | — | no doubt |
| THE ALBERT DAWSON EDUCATIONAL TRUST | £119k | — | 0 | unclear | — | no doubt |