THE OLD VIC ENDOWMENT TRUST
To support such charitable objectives of The Old Vic Theatre Trust 2000 as the trustees from time to time think fit, in particular by: the promotion, maintenance, improvement and advancement of education by the encouragement of the arts, and the advancement of English heritage for the public benefit.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £1,839,657 for the period, driven by significant grants paid to its sole beneficiary and a decrease in the market value of its investment portfolio. Per the trustees' report, free reserves (unrestricted net assets) stood at £3,947,990, which the trustees consider sufficient to provide financial flexibility and a buffer against operational risks. The charity confirmed it has adequate resources to meet liabilities for at least twelve months from the date of approval.
What the accounts disclose
“It is the policy of the charity that free reserves (comprising unrestricted net assets) should be maintained at a level to give the charily financial flexibility and a buffer against operational risks.” — page 4
“The charity approved grants totalling £1,729,379 (2024 £136,000) to The Old Vic Theatre Trust 2000. At the year end, fnil (2024: £10,000) is included within other creditors. Grant income was received totalling £nil (2024: £9,985) from the American Associates of The Old Vic Theatre Inc.” — page 14
Funders the charity credits
- Arts Council England
- Royal Bank of Canada
- Bloomberg Philanthropies
Trustees
- JONATHAN NORBURYchair
- Caroline Terry
- George King
- Helen Louise Davies
- Jean Mary Murphy
- Peter Charles John
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £106k | £1.7m |
| 30/11/2024 | £162k | £143k |
| 30/11/2023 | £164k | £642k |
| 30/11/2022 | £154k | £1.1m |
| 30/11/2021 | £129k | £89k |
Common questions
Is THE OLD VIC ENDOWMENT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £1,839,657 for the period, driven by significant grants paid to its sole beneficiary and a decrease in the market value of its investment portfolio. Per the trustees' report, free reserves (unrestricted net assets) stood at £3,947,990, which the trustees consider sufficient to provide financial flexibility and a buffer against operational risks. The charity confirmed it has adequate resources to meet liabilities for at least twelve months from the date of approval. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE REED FOUNDATION | 2 | £35k |
| THE CHILDHOOD TRUST | 2 | £16k |
| THE HOBSON CHARITY LIMITED | 2 | £10k |
| The Marks Family Charitable Trust | 1 | — |
| THE HELEN HAMLYN TRUST | 1 | £2.5m |
| National Philanthropic Trust UK Limited | 1 | £2.0m |
| THE COPPING JOYCE FOUNDATION | 1 | £1.1m |
| THE FOYLE FOUNDATION | 1 | £200k |
Charities like this
- THE OLD VIC THEATRE TRUST 2000
- BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED
- THE LONDON SYMPHONY ORCHESTRA ENDOWMENT TRUST
- THE MAYFLOWER THEATRE TRUST
- THE YOUNG VIC COMPANY
- OCTAGON THEATRE TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE OLD VIC ENDOWMENT TRUST | £106k | — | 0 | unclear | — | no doubt |
| THE OLD VIC THEATRE TRUST 2000 | £25.5m | — | 17 | unclear | — | no doubt |
| BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED | £7.6m | £80,001 - £90,000 | — | above | — | no doubt |
| THE LONDON SYMPHONY ORCHESTRA ENDOWMENT TRUST | £1.1m | — | 0 | above | — | no doubt |
| THE MAYFLOWER THEATRE TRUST | £28.8m | £190,001 - £200,000 | — | above | — | no doubt |
| THE YOUNG VIC COMPANY | £7.2m | — | — | unclear | — | no doubt |