MUSEUM OF LONDON
Museum of London tells the story of one of the world's greatest cities and its people. As the single most important source of knowledge on the capital, the Museum is, uniquely, a national, regional and local organisation. With over a million items in its collection, it is the largest social history Museum in the world.
Financial health, per its FY2025 accounts
The accounts state that the museum reported total incoming resources of £128.5m against total expenditure of £26.8m, resulting in a significant increase in net assets. The trustees confirm the organization is a going concern with sufficient cash flows to meet liabilities for at least twelve months, supported by committed statutory funding and a strong pipeline of donors for the new museum project.
What the accounts disclose
“£210,001 to £220,000” — page 50
“The Board has adopted a Reserves Policy which is based on holding 4 months’ operating cost cover in free reserves” — page 27
“Net Pension Deficit (462)”
“As at 31 March 2025 the museum had one trading subsidiary London Museum Trading Limited” — page 19
Funders the charity credits
- Bloomberg Philanthropies
UK research funding (UKRI Gateway to Research)
- The Becket Connection: employing the Becket story and 2020 anniversary as catalysts to transform heritage, tourism, education and community engagement
- A Museum of Uncollected Things
- Meat, Masculinity and Memory: Smithfield Market in the late twentieth century
- Sensory Cities: researching, representing and curating sensory-emotional landscapes of urban environments
- Africa's Sons Under Arms: Race, Military Bodies and the British West India Regiment in the Atlantic world, 1795-1914
- Transforming data rE-use in ARCHaeology (TEtrARCHs)
- Cambridge Heritage Science Hub (CHERISH): Infrastructure for Research in Material Culture and Collections
- Sensory Objects Enterprise - Co-Development and Start Up project
- Biography and Fashion Collections: Developing a dress-specific acquisition and cataloguing methodology using the Francis Golding Collections.
- Meat at the butcher's
Advertised salaries (public job ads)
- Head of Exhibitions and Productions
- Engagement Coordinator (Administration and Volunteering)
- Engagement Coordinator (Administration and Volunteering)
- Learning Manager, Smithfield
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alderman Gregory Jones KC
- Alice Black
- Bridget Banton
- Charlotte Twyning
- Clive Bannister
- David Wormsley
- Donya Monique Rose
- Elizabeth Susan Corrin
- Ijeoma Ekwueme-Okoli
- John Foley
- Lindsay Herbert
- Matthew Bell
- Paul Martinelli CC
- Professor Sir David Cannadine
- Samir Patel
- Sarah Gillinson
- Simon Morris
- Simon Robert Levine
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £128.5m | £26.8m |
| 31/03/2024 | £99.7m | £71.9m |
| 31/03/2023 | £61.1m | £57.5m |
| 31/03/2022 | £49.4m | £46.9m |
| 31/03/2021 | £36.3m | £39.4m |
Common questions
Is MUSEUM OF LONDON financially healthy?
Per its FY2025 accounts: The accounts state that the museum reported total incoming resources of £128.5m against total expenditure of £26.8m, resulting in a significant increase in net assets. The trustees confirm the organization is a going concern with sufficient cash flows to meet liabilities for at least twelve months, supported by committed statutory funding and a strong pipeline of donors for the new museum project. Its FY2025 accounts were audited by BDO LLP.
What does the highest-paid employee of MUSEUM OF LONDON earn?
Per its FY2025 accounts, the highest-paid employee was in the £210,001 - £220,000 band.
Who funds MUSEUM OF LONDON?
Funders whose own accounts filings name MUSEUM OF LONDON as a grant recipient include The Goldsmiths' Foundation, N SETHIA FOUNDATION, THE SCHRODER FOUNDATION, THE FIDELITY UK FOUNDATION, THE BRITFORD BRIDGE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| The Goldsmiths' Foundation | FY2024 | £10.0m | Museum of London Founder Donor Grant |
| N SETHIA FOUNDATION | FY2024 | £2.0m | |
| THE SCHRODER FOUNDATION | FY2022 | £500k | |
| THE FIDELITY UK FOUNDATION | FY2022 | £500k | Towards digital transformation projects, including a new CRM system, digital activity to support fundraising and membership |
| THE BRITFORD BRIDGE TRUST | FY2023 | £150k | Primary |
| THE BRITFORD BRIDGE TRUST | FY2022 | £150k | Primary - The advancement of the arts, culture, heritage or science |
| THE CALLEVA FOUNDATION | FY2023 | £100k | Education |
| KUSUMA TRUST UK | FY2023 | £80k | My Story Pilot |
| The Goldsmiths' Foundation | FY2022 | £21k | Education Committee |
| THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUST | FY2023 | £15k | Portable Antiquities Scheme Finds Liaison Officer |
| THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUST | FY2025 | £13k | |
| THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUST | FY2024 | £13k | Finds Liaison Officer |
| THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUST | FY2022 | £13k | Support for Portable Antiquities Scheme Finds Liaison Officer |
| DAVID PEARLMAN CHARITABLE FOUNDATION | FY2022 | £10k | |
| The Goldsmiths' Foundation | FY2023 | £10k | Education Committee |
| THE RIX-THOMPSON-ROTHENBERG FOUNDATION | FY2021 | £7k | |
| THE DYERS' COMPANY CHARITABLE TRUST | FY2022 | £5k | The Dyeing Industry |
| THE ROSE FOUNDATION | FY2023 | £5k | Provision of upgraded lighting throughout the Docklands Museum |
| THE ROSE FOUNDATION | FY2024 | £5k | Replacement of lights in the Wilberforce room |
| WORSHIPFUL COMPANY OF NEEDLEMAKERS CHARITABLE FUND | FY2022 | £4k | Focus Grants |
| WORSHIPFUL COMPANY OF NEEDLEMAKERS CHARITABLE FUND | FY2025 | £3k | Focus Grants |
| THE DYERS' COMPANY CHARITABLE TRUST | FY2024 | £3k | The Dyeing Industry |
| THE ROSE FOUNDATION | FY2022 | £3k | |
| THE WEAVERS' COMPANY BENEVOLENT FUND | FY2022 | £2k | Preservation of the shirt Charles wore to his execution. |
| THE CLOCKMAKERS' CHARITY | FY2024 | £450 | Donation |
| THE CLOCKMAKERS' CHARITY | FY2023 | £415 | General Charitable purposes |
| THE CLOCKMAKERS' CHARITY | FY2022 | £410 | Donation |
| THE SHIPWRIGHTS CHARITABLE FUND | FY2025 | £300 | Responsive Donation |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| ARCADIA | 03/11/2025 | £1.4m | For the London Museum |
| UK government | 13/12/2021 | £1.1m | National Portfolio Organisations |
| UK government | 08/12/2021 | £249k | National Portfolio Organisations |
| Greater London Authority | 19/09/2018 | £100k | Museum of London dementia project |
| The National Lottery Heritage Fund | 22/05/2018 | £10.0m | "We Are London - collections, galleries and people in a new museum at West Smithfield" |
| UK government | 21/06/2017 | £1.1m | National Portfolio Organisations |
| UK government | 09/06/2017 | £249k | National Portfolio Organisations |
| City Bridge Foundation | 18/03/2016 | £2k | Grant to Museum of London |
| The National Lottery Heritage Fund | 30/09/2014 | £96k | "Beyond Documentary - Experimental Photography in London 1970-2004" |
| The National Lottery Heritage Fund | 04/01/2006 | £50k | "Archive Volunteer Learning Programme" |
| The National Lottery Heritage Fund | 19/07/2005 | £11.6m | "The Galleries of Modern London and Learning Centre Project" |
| The National Lottery Heritage Fund | 08/09/2004 | £161k | "Museum of London Inclusion Programme" |
| The National Lottery Heritage Fund | 08/09/2004 | £713k | "The acquisition of 'Eastward Ho!' and 'Home Again'" |
| The National Lottery Heritage Fund | 23/05/2002 | £100k | "Acquisition of The Houses of Parliament from Millbank by David Roberts" |
| The National Lottery Heritage Fund | 07/03/2002 | £40k | "Community Liaison Post at the Museum of London" |
| The National Lottery Heritage Fund | 19/10/2000 | £150k | "London's Voices" |
| The National Lottery Heritage Fund | 29/01/1999 | £30k | "Collecting 2000, Museum of London" |
| The National Lottery Heritage Fund | 18/06/1998 | £89k | "Rhinebeck Panorama of London - Acquisition" |
| The National Lottery Heritage Fund | 12/11/1997 | £28k | "Pilson Toy Collection - Acquisition" |
| The National Lottery Heritage Fund | 09/12/1996 | £18k | "Egbert Van Heemskerk Painting - Acquisition" |
| UK government | — | £40k | DCMS/Wolfson Museums and Galleries Improvement Fund |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HMS VICTORY PRESERVATION ENDOWMENT FUND | 1 | £11.8m |
| THE CONRAN FOUNDATION | 1 | £1.5m |
| REUBEN FOUNDATION | 1 | £897k |
| LONDON TRANSPORT MUSEUM FRIENDS | 1 | £639k |
| LLOYD'S REGISTER FOUNDATION | 1 | £312k |
| SWAROVSKI FOUNDATION | 1 | £214k |
| COLWINSTON CHARITABLE TRUST | 1 | £173k |
| NATIONAL ART COLLECTIONS FUND | 1 | £118k |
Charities like this
- THE JEWISH MUSEUM LONDON
- LONDON TRANSPORT MUSEUM FRIENDS
- LONDON TRANSPORT MUSEUM LIMITED
- THE NATIONAL MOTOR MUSEUM TRUST LIMITED
- MUSEUM OF LONDON ARCHAEOLOGY
- NMRN OPERATIONS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MUSEUM OF LONDON | £128.5m | £210,001 - £220,000 | — | unclear | — | no doubt |
| THE JEWISH MUSEUM LONDON | £848k | — | — | above | — | no doubt |
| LONDON TRANSPORT MUSEUM FRIENDS | £427k | — | 0 | unclear | — | no doubt |
| LONDON TRANSPORT MUSEUM LIMITED | £19.9m | — | — | unclear | — | no doubt |
| THE NATIONAL MOTOR MUSEUM TRUST LIMITED | £3.6m | — | — | unclear | — | no doubt |
| MUSEUM OF LONDON ARCHAEOLOGY | £19.4m | — | — | below | — | no doubt |