THE RHYTHM STUDIO FOUNDATION
The Rhythm Foundation is a charity that works alongside The Rhythm Studio to fund music activities for children and young people in London. We offer financial support for music projects based in and out of schools and hospitals, providing young people with musical opportunities that would not otherwise be possible.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £4,447 for the year, resulting in a decrease in total funds from £77,821 to £73,374. The trustees maintain a reserves policy to hold nine months of core fixed costs, while the actual unrestricted reserves stood at £51,415. The charity confirmed it has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Foundation's Reserves policy is to maintain 9 months of core fixed costs {i.e salary and administration).” — page 7
“Christopher Hodges is a Trustee of The Rhythm Studio Foundation. Christopher Hodges is also the sole director of The Rhythm Studio. During the period the Foundation paid the Company teaching fees totalling £22,995 (2023/24 of £20,559). All fees charged by the Company to the Foundation are priced at or below the cost of providing the teaching.” — page 9
Trustees
- ANUOLUWAPO UYI FEHINTI BADMUS-OLANREWAJU
- CAROLINE CAREY
- CHRISTOPHER HODGES
- Caroline Anne Bishop
- Finlay Gee
- Francis Gerard Martin
- Oliver Fetiveau
- Simon Reid
- Stephen Jenkins
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £103k | £108k |
| 31/07/2024 | £61k | £104k |
| 31/07/2023 | £96k | £72k |
| 31/07/2022 | £68k | £63k |
| 31/07/2021 | £77k | £39k |
Common questions
Is THE RHYTHM STUDIO FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £4,447 for the year, resulting in a decrease in total funds from £77,821 to £73,374. The trustees maintain a reserves policy to hold nine months of core fixed costs, while the actual unrestricted reserves stood at £51,415. The charity confirmed it has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Who funds THE RHYTHM STUDIO FOUNDATION?
Funders whose own accounts filings name THE RHYTHM STUDIO FOUNDATION as a grant recipient include THE OFENHEIM CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE OFENHEIM CHARITABLE TRUST | FY2022 | £13k | |
| THE OFENHEIM CHARITABLE TRUST | FY2023 | £12k | |
| THE OFENHEIM CHARITABLE TRUST | FY2025 | £7k |