SOUNDWAVE
The Charity's objectives are to promote, maintain, improve and advance education for the benefit of the public, by developing public appreciation and understanding of music and all related art forms, including playing instruments, singing, composition, digital arts, dance and performance and by improving access to and the quality of the musical arts, primarily but not exclusively in Cumbria.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves were £48,603, which the trustees note is below their ideal policy target of approximately £85,000 (representing 6 months of operating costs). The charity reported a net income surplus of £33,060 for the year, with total incoming resources of £204,363 against total expenditure of £171,303.
What the accounts disclose
“The organisation ideally needs 6 months of operating costs in reserves, which typically amounts to approx. £85,000.” — page 7
Funders the charity credits
- Copeland Community Fund
- Bechtel
- Arts Council England
- Cumbria Community Foundation
- Sellafield Ltd
- Francis C Scott Charitable Trust
- Youth Music
- One AIM
- The National Lottery Community Fund
Trustees
- Adam Philip-Phillips
- Dakota Bagley
- Daniel Peter Whitehouse
- Ian Alcock
- Rebecca Wyle
- Sandra Dempsey
- Sarah Dockeray
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £182k | £171k |
| 31/03/2024 | £122k | £157k |
| 31/03/2023 | £144k | £118k |
| 31/03/2022 | £144k | £118k |
| 31/03/2021 | £127k | £92k |
Common questions
Is SOUNDWAVE financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves were £48,603, which the trustees note is below their ideal policy target of approximately £85,000 (representing 6 months of operating costs). The charity reported a net income surplus of £33,060 for the year, with total incoming resources of £204,363 against total expenditure of £171,303. Its FY2025 accounts were independently examined.
Who funds SOUNDWAVE?
Funders whose own accounts filings name SOUNDWAVE as a grant recipient include THE NATIONAL FOUNDATION FOR YOUTH MUSIC, FRANCIS C SCOTT CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | FY2025 | £100k | |
| FRANCIS C SCOTT CHARITABLE TRUST | FY2023 | £17k | |
| FRANCIS C SCOTT CHARITABLE TRUST | FY2024 | £0 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Northern Rock Foundation | 08/12/2008 | £120k | Grant awarded to SoundWave (Cumbria) |