MICRO RAINBOW INTERNATIONAL FOUNDATION
The promotion of: - social inclusion amongst LGBTI people by preventing them from becoming socially excluded and relieving the needs of those who are- equality and diversity by the elimination of discrimination on the grounds of sexual orientation, gender identity or intersex status;and advancing education and raising awareness in equality and diversity.
Financial health, per its FY2024 accounts
The accounts state that net income increased to £395,345 for the year ended 31 December 2024, resulting in total net assets of £801,714. The trustees consider the current reserves of £337,937 to be sufficient against their policy target of three months of running costs. They confirm that anticipated income is adequate to fulfil planned charitable activities and that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees agreed to build reserves to cover three months of running cost.” — page 11
“During the year to 31 December 2024, the charity paid for services amounting to £31,712 (2023 £23,498) to Micro Rainbow CIC, a Community Interest Company (Company Registration Number 08098816) of which one of the directors, Sebastian Rocca, is also a trustee of Micro Rainbow International Foundation.” — page 21
Structured financials (annual return, FY ending 31/12/2024)
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £671k | £276k |
| 31/12/2023 | £249k | £188k |
| 31/12/2022 | £275k | £132k |
| 31/12/2021 | £283k | £176k |
| 31/12/2020 | £120k | £109k |
Common questions
Is MICRO RAINBOW INTERNATIONAL FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that net income increased to £395,345 for the year ended 31 December 2024, resulting in total net assets of £801,714. The trustees consider the current reserves of £337,937 to be sufficient against their policy target of three months of running costs. They confirm that anticipated income is adequate to fulfil planned charitable activities and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Who funds MICRO RAINBOW INTERNATIONAL FOUNDATION?
Funders whose own accounts filings name MICRO RAINBOW INTERNATIONAL FOUNDATION as a grant recipient include EAST END COMMUNITY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| EAST END COMMUNITY FOUNDATION | FY2025 | £2k | Community project for LGBTQ+ and migrant communities |