THE MUSIC VENUE TRUST
Music Venue Trust is a UK Registered Charity that exists to protect, secure and improve UK Grassroots Music Venues for the benefit of venues, communities and upcoming artists.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £400,224 for the year ended 31 December 2024, resulting in a decrease in unrestricted funds from £732,381 to £317,512. The trustees consider the financial position satisfactory, noting that unrestricted reserves of £317,512 are close to their policy target of covering three months of running costs, estimated at £302,000. Despite the deficit, the charity maintains a cash balance of £349,321 and anticipates future income growth through new funding streams.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Adrian Norman
- Arusa Qureshi
- CHRIS PROSSER
- Emma Smyth
- Helen McGee
- JASON RICHARD DORMON
- Jane Beese
- Jeremy Pritchard
- Madeleine Blyth
- Phyllis Belezos
- Rhoda Elizabeth Evans de Dakar
- Richard William Francis Perry
- Samantha Andrews
- Sarah Jane Thirtle
- Simon James Vosper Hilton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £975k | £1.4m |
| 31/12/2023 | £2.4m | £2.5m |
| 31/12/2022 | £2.4m | £3.0m |
| 31/12/2021 | £2.7m | £1.6m |
| 31/12/2020 | £1.7m | £1.4m |
Common questions
Is THE MUSIC VENUE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £400,224 for the year ended 31 December 2024, resulting in a decrease in unrestricted funds from £732,381 to £317,512. The trustees consider the financial position satisfactory, noting that unrestricted reserves of £317,512 are close to their policy target of covering three months of running costs, estimated at £302,000. Despite the deficit, the charity maintains a cash balance of £349,321 and anticipates future income growth through new funding streams. Its FY2024 accounts were audited by Hillier Hopkins LLP.
Who funds THE MUSIC VENUE TRUST?
Funders whose own accounts filings name THE MUSIC VENUE TRUST as a grant recipient include RICHER SOUNDS FOUNDATION, KUSUMA TRUST UK, LSEG Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| RICHER SOUNDS FOUNDATION | FY2025 | £25k | Arts and Culture |
| KUSUMA TRUST UK | FY2024 | £10k | Random Act of Kindness |
| KUSUMA TRUST UK | FY2023 | £10k | Random Act of Kindness |
| LSEG Foundation | FY2021 | £425 | Project Grant |
| LSEG Foundation | FY2022 | £75 |