THE BURLINGTON MAGAZINE FOUNDATION
THE MAIN CHARITABLE ACTIVITY IS TO SUPPORT FINANCIALLY OR OTHERWISE THE PUBLICATION OF THE BURLINGTON MAGAZINE AND ITS ASSOCIATED WEBSITES, PRIMARILY BY RAISING FUNDS AND INVESTING THE SAME FOR THE PURPOSE OF BUILDING AN INVESTMENT FUND TO PROVIDE LONG TERM FINANCIAL SECURITY FOR THE BURLINGTON MAGAZINE; THEREAFTER TO SUPPORT ITS ASSOCIATED ACTIVITIES IN THE ART HISTORICAL COMMUNITY HERE & ABROAD
Objects
- THE ADVANCEMENT OF THE EDUCATION OF THE PUBLIC IN THE FIELD OF ART HISTORY AND THE ARTS, AND IN PARTICULAR BY SUPPORTING (FINANCIALLY OR OTHERWISE) ÔTHE BURLINGTON MAGAZINEÖ;- THE ADVANCEMENT, PROMOTION AND/OR ENCOURAGEMENT OF RESEARCH IN THE FIELD OF ART HISTORY AND THE ARTS AND THE DISSEMINATION OF THE RESULTS OF SUCH RESEARCH; AND- THE ENCOURAGEMENT OF THE PRESERVATION AND RESTORATION OF WORKS OF ART AND THE PROMOTION OF THE DEVELOPMENT AND DISSEMINATION OF PRESERVATION AND RESTORATION TECHNIQUES FOR THE BENEFIT OF THE PUBLIC.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an overall surplus of £22,363 for the year ended 31 December 2025, driven by net gains on investments of £404,087. Per the trustees' report, the charity holds unrestricted cash reserves and fixed interest securities of £826,247, which exceeds the stated reserves policy target of £343,695 (the average of the subsidiary's deficit over the previous three years). The charity has no paid employees and relies on an investment portfolio valued at £7,045,384 to provide long-term financial security.
What the accounts disclose
“The Burlington Magazine Foundation CIO reserves policy is such that the charity should hold a sum equivalent to the average of BMPL’s deficit over the previous three years in unrestricted cash reserves or fixed interest securities in the event it is needed to cover cash-flow shortfalls experienced by BMPL.” — page 6
“The Burlington Magazine Foundation CIO owns 100 per cent of Burlington Magazine Publications Limited ("BMPL"), a registered company and registered charity, which itself has two wholly owned subsidiaries , The Burlington House Fair Limited ("BHF") and Fleming Honour Limited.” — page 8
Policies the charity declares
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Grant-making is its main activity
Property (HM Land Registry)
Register events
- Received assets from another charity (16/02/2021)
Trustees
- Andrea Rose
- David Landau
- Desmond Shawe-Taylor LVO
- Dr Gabriele Finaldi
- Dr Naoko Takahatake
- Dr Sir Nicholas Penny FBA, FSA
- Hugo Chapman
- Karen Sanig
- Professor Catherine Whistler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £80k | £456k |
| 31/12/2024 | £92k | £447k |
| 31/12/2023 | £117k | £405k |
| 31/12/2022 | £99k | £196k |
| 31/12/2021 | £103k | £226k |
Common questions
Is THE BURLINGTON MAGAZINE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an overall surplus of £22,363 for the year ended 31 December 2025, driven by net gains on investments of £404,087. Per the trustees' report, the charity holds unrestricted cash reserves and fixed interest securities of £826,247, which exceeds the stated reserves policy target of £343,695 (the average of the subsidiary's deficit over the previous three years). The charity has no paid employees and relies on an investment portfolio valued at £7,045,384 to provide long-term financial security. Its FY2025 accounts were audited by Sayer Vincent LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WELLAND CHARITABLE TRUST | 1 | £118k |
| H M SASSOON CHARITABLE TRUST | 1 | £30k |
| THE FENTON ARTS TRUST | 1 | £5k |
| THE TAIT MEMORIAL TRUST | 1 | £2k |
| CHARLES S FRENCH CHARITABLE TRUST | 1 | £2k |
| BAKER FAMILY CHARITABLE TRUST | 1 | £1k |
| THE PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART | 1 | £1k |
Charities like this
- THE BURLINGTON MAGAZINE PUBLICATIONS LIMITED
- FIELDNOTES
- THE BOMB FACTORY ART FOUNDATION
- THE INGRAM ART FOUNDATION
- DORKING SOCIETY
- THE THORNTON FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE BURLINGTON MAGAZINE FOUNDATION | £80k | — | 0 | unclear | — | no doubt |
| THE BURLINGTON MAGAZINE PUBLICATIONS LIMITED | £1.4m | — | — | unclear | — | no doubt |
| FIELDNOTES | £25k | — | 0 | unclear | — | no doubt |
| THE BOMB FACTORY ART FOUNDATION | £658k | — | 0 | unclear | — | no doubt |
| THE INGRAM ART FOUNDATION | £152k | — | — | unclear | — | no doubt |
| DORKING SOCIETY | £54k | — | 0 | unclear | — | no doubt |