ROYAL NAVY MUSEUMS
Registered charity 1126283 · accounts filings on the Charity Commission register · also known as NMRN, THE NATIONAL MUSEUM OF THE ROYAL NAVY
To become the world's leading naval museum underpinned by the spirit of enterprise and adventure which has always been the hallmark of the Royal Navy. To make accessible to all the story of the Royal Navy and its people from earliest times to the present by collecting, preserving and interpreting artefacts, photographs, documents, manuscripts and oral history testimony.
Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · Economic/community Development/employment · Other Charitable Purposes · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that total funds decreased by £979,000 to £219,907,000, driven by a reduction in Grant in Aid funding and increased operating costs. The Group’s free reserves stood at £6,013,000, which is below the stated policy target of £6,950,000 required to cover four months of operating expenditure. The auditor confirmed the financial statements give a true and fair view and found no material uncertainties regarding going concern.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Related-party transaction: Grant in Aid funding from the Ministry of Defence (MoD) is disclosed as a related party transaction.
“The National Museum is a Non Departmental Public Body, sponsored by the Ministry of Defence (MoD). The MoD is regarded as a related party. Grant in Aid Funding from the MoD is disclosed in the Statement of Financial Activities.” — page 74
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Comptroller and Auditor General. Discloses 3 of 6 completeness components.
In the news
Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).
Public fundraising profile: JustGiving — Royal Navy Museums (matched by registered charity number).
Leadership, per the charity’s website
- Sir Philip Jones — Chair (source)
- Sarah Dennis — Executive Director (source)
- Andrew Baines — Executive Director (source)
- Helen McKenna Aspell — Associate Executive Director (source)
- Emma Allen — Associate Executive Director (source)
- Lyn Andrews — Associate Executive Director (source)
- Charlotte Stone — Associate Executive Director (source)
Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£3.0m
Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).
Per its annual return, largest income source: Donations and legacies (45% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 15.4% of total income — in the top quarter for charities its size (median 3.8%) (benchmarks).
Register events
- Received assets from another charity (18/05/2023) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Received assets from another charity (06/07/2016) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Trustee list from the Charity Commission register (current, not historical).
Operates in: Hampshire · Hartlepool · Northern Ireland · Portsmouth City · Scotland · Somerset
Income and spending
Common questions
Is ROYAL NAVY MUSEUMS financially healthy?
Per its FY2025 accounts: The accounts state that total funds decreased by £979,000 to £219,907,000, driven by a reduction in Grant in Aid funding and increased operating costs. The Group’s free reserves stood at £6,013,000, which is below the stated policy target of £6,950,000 required to cover four months of operating expenditure. The auditor confirmed the financial statements give a true and fair view and found no material uncertainties regarding going concern. Its FY2025 accounts were audited by Comptroller and Auditor General.
Who funds ROYAL NAVY MUSEUMS?
Funders whose own accounts filings name ROYAL NAVY MUSEUMS as a grant recipient include HMS VICTORY PRESERVATION ENDOWMENT FUND, SOCIETY FOR NAUTICAL RESEARCH, NATIONAL ART COLLECTIONS FUND.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with NMRN OPERATIONS.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.