THE ROYAL MINT MUSEUM
The advancement of education of the public in the history of coinage and related artefacts and of the activities of the Royal Mint.
Financial health, per its FY2025 accounts
The accounts state that unrestricted, undesignated reserves of £655,864 are held, which is above the stated policy target of approximately £400,000. The Trustees confirm that sufficient reserves and net current assets are in place to meet at least one year’s expenditure, and the auditors have identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Museum aims to maintain unrestricted, undesignated reserves sufficient to cover operating costs and future collection purchases, equivalent to approximately £400,000, to ensure continuity of its activities in the event of a shortfall in income or unexpected expenditure.”
“The Museum wholly owns a subsidiary company, The Royal Mint Museum Services Limited, also established in December 2009, and these financial statements represent the audited consolidated financial statements for the year.” — page 4
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- PROFESSOR SIR DAVID NICHOLAS CANNADINEchair
- Amanda Jane Brady
- Anna Brennand
- Dafydd Rhys James
- Dr Swati Dhingra
- Mario Pisani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £769k | £699k |
| 31/03/2024 | £924k | £647k |
| 31/03/2023 | £838k | £598k |
| 31/03/2022 | £796k | £575k |
| 31/03/2021 | £977k | £472k |
Common questions
Is THE ROYAL MINT MUSEUM financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted, undesignated reserves of £655,864 are held, which is above the stated policy target of approximately £400,000. The Trustees confirm that sufficient reserves and net current assets are in place to meet at least one year’s expenditure, and the auditors have identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Grant Thornton UK LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GARFIELD WESTON FOUNDATION | 2 | £3.3m |
| KUSUMA TRUST UK | 2 | £1.1m |
| ROYAL ARTILLERY INSTITUTION LIMITED | 1 | £1.3m |
| LONDON TRANSPORT MUSEUM FRIENDS | 1 | £639k |
| THE FIDELITY UK FOUNDATION | 1 | £343k |
| THE EIGHTY EIGHT FOUNDATION | 1 | £21k |
| NATIONAL ART COLLECTIONS FUND | 1 | £13k |
| NICK JENKINS FOUNDATION | 1 | £5k |
Charities like this
- ROYAL ARTILLERY MUSEUM
- KING'S OWN ROYAL BORDER REGIMENT MUSEUM FUND
- THE ROYAL NUMISMATIC SOCIETY
- THE HORNIMAN PUBLIC MUSEUM AND PUBLIC PARK TRUST
- BANKSIDE GALLERY LIMITED
- ROYAL MUSEUMS GREENWICH FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ROYAL MINT MUSEUM | £769k | — | 0 | unclear | — | no doubt |
| ROYAL ARTILLERY MUSEUM | £825k | — | 0 | above | — | no doubt |
| KING'S OWN ROYAL BORDER REGIMENT MUSEUM FUND | £218k | — | 0 | unclear | — | no doubt |
| THE ROYAL NUMISMATIC SOCIETY | £366k | — | 0 | unclear | — | no doubt |
| THE HORNIMAN PUBLIC MUSEUM AND PUBLIC PARK TRUST | £10.4m | £120,001 - £130,000 | 4 | unclear | — | no doubt |
| BANKSIDE GALLERY LIMITED | £448k | — | — | unclear | — | no doubt |