MANCHESTER INTERNATIONAL FESTIVAL
Financial health, per its FY2025 accounts
The accounts state that the group made a loss of £414k for the year ended March 2025, resulting in a 3% decrease in total reserves to £13.2m. The charity relies on funding from Arts Council England and Manchester City Council, with the current unrestricted Arts Council England funding agreement contractually covering the period to March 2026. The Trustees have confirmed the accounts are prepared on a going concern basis following a review of cashflow forecasts through December 2026.
What the accounts disclose
“Having targeted a minimum level of £1m, at the end of March 2025 the value of the general reserve is £2,740k (2024: £1,790k), ahead of the minimum target.” — page 25
“At the balance sheet date, there was £665,385 (2024: £1,774,476) due to MIF from MIF Productions. This is resulting from the intercompany transactions related to the delivery of production,”
“At the balance sheet date, there was £117,158 (2024: £455,999) due to MIF from Factory Academy Limited. This is relating to intercompany transactions related to general expenditure.” — page 59
“At the balance sheet date, there was £665,385 (2024: £1,774,476) due to MIF from MIF Productions. This is resulting from the intercompany transactions related to the delivery of production,”
“At the balance sheet date, there was £117,158 (2024: £455,999) due to MIF from Factory Academy Limited. This is relating to intercompany transactions related to general expenditure.” — page 59
“At the balance sheet date, there was £665,385 (2024: £1,774,476) due to MIF from MIF Productions. This is resulting from the intercompany transactions related to the delivery of production,”
“At the balance sheet date, there was £117,158 (2024: £455,999) due to MIF from Factory Academy Limited. This is relating to intercompany transactions related to general expenditure.” — page 59
“These financial statements consolidate the results of the charity Manchester International Festival (MIF) and its wholly owned subsidiaries, MIF Productions Limited, Factory Academy Limited and Factory International Trading Services Limited, on a line by line basis.” — page 42
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Moira Sinclairchair
- Candice Marie Hull
- Charles Richard Bell
- Dabboussy Lamia
- Fazeel Barber
- Garry Bridges
- Joanne Louise Whitfield CBE
- John Bernard Dunleavy
- Joshua Jack Wilkinson
- Laura Jordan Bambach
- Leila Louisa Anne Alexander
- Lemn Sissay OBE FRSL
- Molly Jackson
- Ngozi Ugochukwu
- Nihal Senaka Arthanayake
- PATRICIA BARTOLI
- Shaminder Nahal
- Sharon Watson
- THOM HETHERINGTON
- Zoe Watters
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £24.2m | £25.8m |
| 31/03/2024 | £29.3m | £31.0m |
| 31/03/2023 | £13.9m | £12.0m |
| 31/03/2022 | £20.2m | £18.8m |
| 30/09/2020 | £12.8m | £6.6m |
Common questions
Is MANCHESTER INTERNATIONAL FESTIVAL financially healthy?
The accounts state that the group made a loss of £414k for the year ended March 2025, resulting in a 3% decrease in total reserves to £13.2m. The charity relies on funding from Arts Council England and Manchester City Council, with the current unrestricted Arts Council England funding agreement contractually covering the period to March 2026. The Trustees have confirmed the accounts are prepared on a going concern basis following a review of cashflow forecasts through December 2026. Its FY2025 accounts were audited by Saffery LLP.
Who funds MANCHESTER INTERNATIONAL FESTIVAL?
Funders whose own accounts filings name MANCHESTER INTERNATIONAL FESTIVAL as a grant recipient include SAVANNAH WISDOM.
Known funders
| Funder | Year | Amount |
|---|---|---|
| SAVANNAH WISDOM | FY2023 | £0 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 30/03/2009 | £45k | "The Difference Engine ...A Steampunk Adventure" |