INCORPORATED SOCIETY OF MUSICIANS TRUST

Registered charity 1160261 · accounts filings on the Charity Commission register · also known as ISM TRUST

The ISM Trust delivers professional development to the music sector through webinars, seminars, events and partnerships with leading charities and organisations. It develops innovative resources for music professionals, covering a wide range of topics from performance anxiety and legal essentials to primary singing and musical understanding.

Objects

THE OBJECTS OF THE CHARITY (THE 'OBJECTS') ARE FOR THE PUBLIC BENEFIT:-3.1.1 TO ADVANCE EDUCATION; 3.1.2 TO ADVANCE HEALTH;3.1.3 TO PROMOTE THE ARTS PARTICULARLY MUSIC; AND 3.1.4 TO FURTHER SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES ACCORDING TO THE LAW OF ENGLAND AND WALES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · website · Get email alerts

Latest income
£43k
Latest spending
£49k
Registered
2015
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £5.4k for the year ended 31 August 2025, following a significant 49.7% decrease in total income. However, unrestricted reserves stood at £89.6k, which the trustees note remains well above their policy target of four months of expenditure.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: up to four months (held: £90k)
“The ISM Trust’s reserves policy ensures that normal operations can continue for up to four months in the event of an income shortfall.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/08/2025£43k£49k
31/08/2024£86k£56k
31/08/2023£70k£57k
31/08/2022£17k£55k
31/08/2021£59k£51k

Common questions

Is INCORPORATED SOCIETY OF MUSICIANS TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a deficit of £5.4k for the year ended 31 August 2025, following a significant 49.7% decrease in total income. However, unrestricted reserves stood at £89.6k, which the trustees note remains well above their policy target of four months of expenditure. Its FY2025 accounts were independently examined.