THE WILLIAM MORRIS SOCIETY
The objectives of the William Morris Society are:(a) to improve and diffuse knowledge of the life, work and influence of William Morris(b) to preserve and make available to all the works of William Morris
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £823,141, with unrestricted reserves of £817,284, significantly exceeding the stated minimum reserves requirement of £100,000. However, the Treasurer reports that the Society continues to run an operating deficit before investment income, noting that the financial position is improving but there is still some way to go to reach a break-even position. The Board remains focused on growing membership and activities to fulfill the Society's mission while guarding against complacency.
What the accounts disclose
“The Society continues to regard our minimum reserves requirement at £100k, which represents six months’ operating costs as well as provision for certain exceptional expenditures.”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2020)
Register events
- Received assets from another charity (09/09/2016)
Trustees
- Ian James Wallchair
- Brenda Elizabeth Simson
- Dr Lynn Mary Hulse
- Dr Michael Drury Radcliffe Nelles
- Dr Owen Holland
- Janet Mary Stevenson
- Professor Serena Trowbridge
- Richard Anthony Evans
- Sarah Hardy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £132k | £155k |
| 31/12/2023 | £118k | £124k |
| 31/12/2022 | £92k | £119k |
| 31/12/2021 | £131k | £119k |
| 31/12/2020 | £687k | £103k |
Common questions
Is THE WILLIAM MORRIS SOCIETY financially healthy?
Per its FY2024 accounts: The accounts state that total funds increased to £823,141, with unrestricted reserves of £817,284, significantly exceeding the stated minimum reserves requirement of £100,000. However, the Treasurer reports that the Society continues to run an operating deficit before investment income, noting that the financial position is improving but there is still some way to go to reach a break-even position. The Board remains focused on growing membership and activities to fulfill the Society's mission while guarding against complacency. Its FY2024 accounts were audited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 10/08/2020 | £7k | "COVID19: WILLIAMMORRISSOCIETY" |
| The National Lottery Heritage Fund | 05/10/2000 | £600 | "This group provides lectures exhibitions and visits to Kelmscott House to promote the study of William Morris's life. The award will be used" |