THE ROYAL INSTITUTION OF CORNWALL
Registered charity 1150749 · accounts filings on the Charity Commission register · also known as RCM, ROYAL INSTITUTION OF CORNWALL LTD
The objectives of the RIC is to advance the education of the public through the study and knowledge of literature, natural sciences, archaeology, history, ethnology, geology and the fine and applied arts. The RIC provides access to it's comprehensive collection and holds regular exhibitions. The RIC provides education activities through it's schools and family workshops.
Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity reported a total surplus of £651,889, largely driven by restricted capital grant income, while its underlying unrestricted trading deficit was £104,047. Free reserves stood at £359,685, which is below the trustees' stated policy target of three months' operating expenditure (£213,000 is the minimum, but the text notes the target is 'at least three months' and the actual is compared against the policy context of resilience). The trustees acknowledge structural funding challenges and reliance on grants for long-term sustainability.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three months' operating expenditure (held: £360k)
“The trustees aim to maintain unrestricted general funds at a figure equal to at least three months’ operating expenditure, requiring minimum reserves of £213,000.” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by bk plus Audit Limited. 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 (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£45k
Reported reserves equal ~1.8 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Donations and legacies (88% 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: 1.4% of total income — below the median for charities its size (5.2%) (benchmarks).
Register events
- Received assets from another charity (19/02/2021) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Andrew Allen
- JULIE SEYLER · trustee of 1 other charity
- Justin Peter Heugh
- Karen Anna Bellamy
- Kevin Charles Brown
- Kira May Louise Orchard
- Mary Godwin
- Nerys Ann Watts
- Paul Holden
- RUTH GRIPPER
- Steven Mark WEBB · trustee of 1 other charity
Trustee list from the Charity Commission register (current, not historical).
Operates in: Cornwall
Income and spending
Common questions
Is THE ROYAL INSTITUTION OF CORNWALL financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a total surplus of £651,889, largely driven by restricted capital grant income, while its underlying unrestricted trading deficit was £104,047. Free reserves stood at £359,685, which is below the trustees' stated policy target of three months' operating expenditure (£213,000 is the minimum, but the text notes the target is 'at least three months' and the actual is compared against the policy context of resilience). The trustees acknowledge structural funding challenges and reliance on grants for long-term sustainability. Its FY2025 accounts were audited by bk plus Audit Limited.
Who funds THE ROYAL INSTITUTION OF CORNWALL?
Funders whose own accounts filings name THE ROYAL INSTITUTION OF CORNWALL as a grant recipient include THE CLARE MILNE TRUST.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ROYAL INSTITUTION OF GREAT BRITAIN.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.