THE ROYAL ACADEMY OF ARTS
Latest income
£37.1m
Latest spending
£40.7m
Registered
2008
Structured financials (annual return, FY ending 31/08/2025)
Total income
£37.1m
Total spending
£40.7m
Cost of raising funds
£11.1m
Reserves (reported)
£0
Employees
334
Register events
- Received assets from another charity (20/12/2024)
- Received assets from another charity (30/08/2022)
Trustees
- Alice Black
- Alistair Summers
- Anne Desmet RA
- Anthony Lewis Cohen
- Clare Woods
- Fiona Banner RA
- Gillian Wearing RA
- Katherine Fiona Jones RA
- Maria Lisogorskaya
- Michael Landy
- Professor Farshid Moussavi
- Rebecca Salter PRA
- Ryan Gander RA
- Vanessa Jackson RA
- Wolfgang Tillmans
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £37.1m | £40.7m |
| 31/08/2024 | £38.1m | £46.6m |
| 31/08/2023 | £43.8m | £36.7m |
| 31/08/2022 | £43.4m | £33.2m |
| 31/08/2021 | £36.7m | £30.8m |
Common questions
Who funds THE ROYAL ACADEMY OF ARTS?
Funders whose own accounts filings name THE ROYAL ACADEMY OF ARTS as a grant recipient include THE MASTER CHARITABLE TRUST, Royal Academy Trust, THE JOHN R. MURRAY CHARITABLE TRUST, THE ROTHSCHILD FOUNDATION, THE MANNY AND BRIGITTA DAVIDSON CHARITABLE FOUNDATION.
Shared trustees with funders
- Rebecca Salter PRA — trustee here and at Royal Academy Trust
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 13/07/2020 | £250k | "COVID-19: Royal Academy of Arts" |
| The National Lottery Heritage Fund | 24/04/2012 | £12.7m | "Revealing, celebrating and exploring the heritage of the Royal Academy of Arts" |
| The National Lottery Heritage Fund | 11/01/2008 | £34k | "J.F. Lewis Drawings Project" |
| The National Lottery Heritage Fund | 13/05/1998 | £4.1m | "Royal Academy of Arts - Galleries & Courtyard Improvements" |
| The National Lottery Heritage Fund | 11/12/1996 | £112k | "Book Collection Conservation, Royal Academy of Arts" |