INSTITUTE OF IMAGINATION
The Institute of Imagination works to advance the education for the public benefit in the subject of the arts, sciences and digital technologies by offering learning programmes to young people across the UK and internationally
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £15,403 for the year, with unrestricted reserves falling to £64,575. This level is below the trustees' stated policy target of three to six months of operating expenditure, which equates to a minimum of £116,030. However, the trustees consider the position manageable and confirm the charity remains a going concern, supported by confirmed future funding.
What the accounts disclose
“In the band £80,001 - £90,000” — page 30
“Total income of £512,281 (2024: £572,531) including donations of £477,002 (2024: £557,686) used to fund our programmes and our operating costs.” — page 11
“existing reserves at year end provided coverage of less than three months of operating spend.”
“In the current year, two Trustees and a connected person purchased tickets to one of the Charity’s fundraising events on normal commercial terms. The total value of these transactions was £1,074 (2024: £Nil). No conditions were attached to this income, and no material benefits other than entry to the relevant fundraising event was provided.” — page 39
“In the prior year, the Charity received an unconditional donation of £5,000 from a Trustee.” — page 39
“In the current year, two Trustees and a connected person purchased tickets to one of the Charity’s fundraising events on normal commercial terms. The total value of these transactions was £1,074 (2024: £Nil). No conditions were attached to this income, and no material benefits other than entry to the relevant fundraising event was provided.” — page 39
“In the prior year, the Charity received an unconditional donation of £5,000 from a Trustee.” — page 39
“The Charity owns the entire share capital of IOI Enterprise Limited, the principal activity of which is the delivery of commercial programmes that ultimately benefit the charity financially and reputationally.” — page 8
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- BASIL JAMES DEMEROUTISchair
- Bethany Koby-Hirschmann
- CLAIRE TAVERNIER
- Charles Michael Metcalfe
- DIANA ELIZABETH ANNE UEHLEIN
- MICHELLE DORION
- Simon Sotomey
- Tracey Gilbert
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £512k | £528k |
| 31/12/2024 | £573k | £638k |
| 31/12/2023 | £605k | £864k |
| 31/12/2022 | £826k | £874k |
| 31/12/2021 | £1.5m | £927k |
Common questions
Is INSTITUTE OF IMAGINATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £15,403 for the year, with unrestricted reserves falling to £64,575. This level is below the trustees' stated policy target of three to six months of operating expenditure, which equates to a minimum of £116,030. However, the trustees consider the position manageable and confirm the charity remains a going concern, supported by confirmed future funding. Its FY2025 accounts were independently examined.
What does the highest-paid employee of INSTITUTE OF IMAGINATION earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band.
Who funds INSTITUTE OF IMAGINATION?
Funders whose own accounts filings name INSTITUTE OF IMAGINATION as a grant recipient include THE CHARLES SKEY CHARITABLE TRUST, THE ALDGATE AND ALLHALLOWS FOUNDATION, THE TEDWORTH CHARITABLE TRUST, A G MANLY CHARITABLE TRUST, THE MCLAIN FOUNDATION LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE CHARLES SKEY CHARITABLE TRUST | FY2024 | £60k | Advancement of arts, culture, heritage or science |
| THE CHARLES SKEY CHARITABLE TRUST | FY2023 | £50k | Arts, culture, heritage or science |
| THE ALDGATE AND ALLHALLOWS FOUNDATION | FY2025 | £20k | Building Brighter Futures, unlocking creative skills with children in Tower Hamlets |
| THE CHARLES SKEY CHARITABLE TRUST | FY2022 | £20k | Advancement of arts, culture, heritage or science |
| THE TEDWORTH CHARITABLE TRUST | FY2024 | £15k | Towards core costs. |
| THE CHARLES SKEY CHARITABLE TRUST | FY2025 | £10k | Advancement of arts, culture, heritage or science |
| A G MANLY CHARITABLE TRUST | FY2022 | £4k | |
| THE MCLAIN FOUNDATION LIMITED | FY2021 | £4k | |
| THE TEDWORTH CHARITABLE TRUST | FY2023 | £3k | Towards the provision of iOi Imagination Boxes for refugee children and their families in the summer of 2022. |
| THE TEDWORTH CHARITABLE TRUST | FY2022 | £3k | Towards its campaign to support children in hospital over the holiday season. |
| CHAPMAN CHARITABLE TRUST | FY2022 | £2k | |
| CHARLES S FRENCH CHARITABLE TRUST | FY2022 | £1k | |
| BLACK HEART FOUNDATION (UK) LIMITED | FY2022 | £0 | In support of education |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 04/03/2026 | £2.5m | Playing for a Fairer Future |
| Greater London Authority | 01/01/2020 | £150k | Institute of Imagination |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GATSBY CHARITABLE FOUNDATION | 1 | £20.0m |
| THE JORDAN CHARITABLE FOUNDATION | 1 | £1.2m |
| GARFIELD WESTON FOUNDATION | 1 | £500k |
| THE NUFFIELD FOUNDATION | 1 | £309k |
| THE EDWARD CADBURY CHARITABLE TRUST | 1 | £15k |
| THE ADRIAN SWIRE CHARITABLE TRUST | 1 | £10k |
Charities like this
- House of Imagination
- INSTITUTE FOR GOVERNMENT
- IMAGINE FOUNDATION
- INSTITUTE OF MEDICAL ILLUSTRATORS LIMITED
- New Model Institute for Technology and Engineering
- GLOBAL INSTITUTE OF CREATIVE THINKING LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| INSTITUTE OF IMAGINATION | £512k | £80,001 - £90,000 | 0 | below | — | no doubt |
| House of Imagination | £116k | — | 0 | unclear | — | no doubt |
| INSTITUTE FOR GOVERNMENT | £6.9m | £240,000 - £249,999 | — | below | — | no doubt |
| IMAGINE FOUNDATION | £268k | — | 0 | unclear | — | no doubt |
| INSTITUTE OF MEDICAL ILLUSTRATORS LIMITED | £139k | — | 0 | unclear | — | no doubt |
| New Model Institute for Technology and Engineering | £5.6m | — | — | below | — | no doubt |