THE RISE COLLECTIVE
Through creative arts, skills development and employment opportunities our mission at the RISE Collective is to support marginalised young people to thrive personally, creatively and professionally and to use our organisation as a platform to re-imagine and challenge structures that perpetuate inequality.
Financial health, per its FY2025 accounts
The accounts state that the charity held £2,604 in reserves at the end of the reporting period. The trustees believe the charity will continue to operate for at least 12 months, citing expected income and prudent financial management as the basis for this going concern assessment. Principal risks identified include reliance on time-limited funding and capacity constraints, which are mitigated through careful budgeting and income diversification.
What the accounts disclose
“The charity’s principal sources of funds during the year were grants and charitable income. This included restricted project funding and contributions towards core organisational costs from grant-makers, including The Co-op Foundation, The Foyle Foundation and UK Youth, alongside a charitable donation from We Out Here Festival.” — page 5
“The trustees recognise the importance of holding appropriate reserves to ensure organisational stability, particularly given the RISE’s size and reliance on time-limited funding. Reserves are intended to support cashflow management, essential core costs and risk mitigation. The trustees continue to work toward strengthening reserves where possible.” — page 4
Trustees
- Tia Spencerchair
- BUSAYO ABIDAKUN
- JIM CANTLEY
- NOAH BALL
- Saira Carol O'Mallie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £53k | £60k |
| 31/03/2024 | £18k | £16k |
| 31/03/2023 | £24k | £41k |
| 31/03/2022 | £61k | £71k |
| 31/03/2021 | £58k | £54k |
Common questions
Is THE RISE COLLECTIVE financially healthy?
Per its FY2025 accounts: The accounts state that the charity held £2,604 in reserves at the end of the reporting period. The trustees believe the charity will continue to operate for at least 12 months, citing expected income and prudent financial management as the basis for this going concern assessment. Principal risks identified include reliance on time-limited funding and capacity constraints, which are mitigated through careful budgeting and income diversification. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Greater London Authority | 01/06/2019 | £5k | The RISE Collective |
| The National Lottery Community Fund | 21/09/2018 | £9k | AcKnowledge |