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THE HEPWORTH WAKEFIELD

Registered charity 1138117 · accounts filings on the Charity Commission register · also known as THE HEPWORTH WAKEFIELD OPERATING TRUST

Operation of an art gallery and associated facilities

Causes: Arts/culture/heritage/science · website · Get email alerts

Latest income
£4.2m
Latest spending
£4.6m
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £476,934 for the year, resulting in consolidated net assets of £3,315,083. The trustees note that the charity is working its way out of a deficit budget position, with core grants from Arts Council England and Wakefield Council providing financial stability. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £100,001 - £110,000 — in the top quarter for charities its size (median £70k)
“£100,001 - £110,000 1”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP. Discloses 4 of 6 completeness components.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£4.2m
Total spending
£4.6m
Cost of raising funds
£1.2m
Reserves (reported)
£1.4m
Employees
73

Reported reserves equal ~3.6 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (58% 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: 29.5% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: City Of Wakefield

Income and spending

Financial year endIncomeSpending
31/03/2025£4.2m£4.6m
31/03/2024£4.2m£4.6m
31/03/2023£3.6m£4.1m
31/03/2022£6.3m£6.3m
31/03/2021£3.7m£2.8m

Common questions

Is THE HEPWORTH WAKEFIELD financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £476,934 for the year, resulting in consolidated net assets of £3,315,083. The trustees note that the charity is working its way out of a deficit budget position, with core grants from Arts Council England and Wakefield Council providing financial stability. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Saffery LLP.

What does the highest-paid employee of THE HEPWORTH WAKEFIELD earn?

Per its FY2025 accounts, the highest-paid employee was in the £100,001 - £110,000 band.

Who funds THE HEPWORTH WAKEFIELD?

Funders whose own accounts filings name THE HEPWORTH WAKEFIELD as a grant recipient include THE FIDELITY UK FOUNDATION, PETER DUBENS FAMILY FOUNDATION, AKO FOUNDATION, THE LIZ AND TERRY BRAMALL FOUNDATION, NATIONAL ART COLLECTIONS FUND.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE FIDELITY UK FOUNDATIONFY2025£350kArts, Culture and Heritage
PETER DUBENS FAMILY FOUNDATIONFY2021£106k
AKO FOUNDATIONFY2025£70k
THE LIZ AND TERRY BRAMALL FOUNDATIONFY2024£55k
THE LIZ AND TERRY BRAMALL FOUNDATIONFY2025£55k
THE LIZ AND TERRY BRAMALL FOUNDATIONFY2023£55k
THE LIZ AND TERRY BRAMALL FOUNDATIONFY2022£55k
NATIONAL ART COLLECTIONS FUNDFY2023£50kAcquisition grant
THE PAUL MELLON CENTRE FOR STUDIES IN BRITISH ARTFY2022£27kCuratorial Research Grants
THE OFENHEIM CHARITABLE TRUSTFY2022£20k
THE HENRY MOORE FOUNDATIONFY2024£15kExhibitions and New Projects
THE OFENHEIM CHARITABLE TRUSTFY2023£12k
THE HENRY MOORE FOUNDATIONFY2023£12k
THE OFENHEIM CHARITABLE TRUSTFY2025£10k
THE HENRY MOORE FOUNDATIONFY2022£10kGrants to Institutions
THE ARNOLD BURTON 1998 CHARITABLE TRUSTFY2023£10kArts and amenities
THE PAUL MELLON CENTRE FOR STUDIES IN BRITISH ARTFY2024£10kPublication Grants
THE HEADLEY TRUSTFY2025£5kTowards the Elizabeth Fritsch retrospective.
THE HENRY MOORE FOUNDATIONFY2025£5kRo Robertson commission
THE PHILIP MARSDEN FAMILY CHARITABLE TRUSTFY2024£4k
NATIONAL ART COLLECTIONS FUNDFY2023£2kAcquisition grant
THE PAUL MELLON CENTRE FOR STUDIES IN BRITISH ARTFY2022£2kEvent Support Grants
THE PHILIP MARSDEN FAMILY CHARITABLE TRUSTFY2022£350
THE PHILIP MARSDEN FAMILY CHARITABLE TRUSTFY2023£350

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund19/06/2025£1.9m"The Hepworth Wakefield / Wakefield Art Collection New Acquisition: Barbara Hepworth, Sculpture with Colour (Oval Form) Pale Blue and Red, 1943"

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.

FunderSimilar charities fundedAmount to them
THE REED FOUNDATION2£5k
THE JOHN BOOTH CHARITABLE FOUNDATION1£655k
CYNGOR CELFYDDYDAU CYMRU1£206k
JOHN ELLERMAN FOUNDATION1£120k
THE FINNIS SCOTT FOUNDATION1£20k
BOURNE UNITED CHARITIES1£11k
THE THEATRES TRUST CHARITABLE FUND1£10k
ROCKCLIFFE CHARITABLE TRUST1£9k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ASPEX VISUAL ARTS TRUST LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE HEPWORTH WAKEFIELD£4.2m£100,001 - £110,000—unclear—no doubt
THE ASPEX VISUAL ARTS TRUST LIMITED FY2025£312k—0unclear—no doubt
WAKEFIELD THEATRE TRUST FY2025£2.4m£60,001 - £70,0001unclear5.8%no doubt
PALLANT HOUSE GALLERY FY2025£3.0m——above—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER HUDDERSFIELD FY2025£136k—0unclear—no doubt
BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED FY2025£7.6m£80,001 - £90,000—above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.