ROYAL AIR FORCE MUSEUM
Our purpose is to share the story of the Royal Air Force, past, present and future, using the stories of its people and our collections, to engage, entertain, inspire and encourage learning. Our overall vision is to inspire everyone with the RAF story, the people who shape it and its place in our lives.
Objects
2 THE OBJECTS FOR WHICH THE MUSEUM IS HEREBY CONSTITUTED SHALL BE TO EDUCATE AND INFORM THE PUBLIC AND MEMBERS OF OUR ROYAL AIR FORCE ABOUT:2.1 THE HISTORY AND TRADITIONS OF OUR ROYAL AIR FORCE, AND 2.2 THE ROLE OF OUR ROYAL AIR FORCE IN RELATION TO THE ARMED FORCES OF THE REALM, OTHER AIR FORCES AND AVIATION GENERALLY, IN PARTICULAR, BUT NOT EXCLUSIVELY, BY COLLECTING, CONSERVING, PRESERVING, MANAGING, EXHIBITING AND STORING DOCUMENTS, ITEMS, ARTEFACTS AND OTHER MATERIALS IN THE COLLECTION.
Financial health, per its FY2025 accounts
The accounts state that the Museum operates on a going concern basis with total net assets of £140,925,000 and cash reserves of £16,365,000. The trustees maintain a reserves policy targeting approximately two months of operational expenditure, which they confirm is currently met. Although the Museum reported an unrestricted operational surplus of £15,000 after depreciation, it recorded an overall net loss of £1,220,000 driven by significant depreciation charges on property and exhibitions.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 403
- Government income: £11,884,000 — contracts £150,000 (1), grants £11,734,000 (2); 63% of the £18,914,000 total gross income on the same return
- Employees paid over £60,000: 10 (£60,001–£70,000: 7; £100,001–£110,000: 2; £120,001–£130,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 386
- Government income: £13,541,000 — contracts £150,000 (1), grants £13,391,000 (1); 63% of the £21,608,000 total gross income on the same return
- Employees paid over £60,000: 9 (£60,001–£70,000: 5; £80,001–£90,000: 3; £100,001–£110,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 384
- Government income: £14,261,000 — contracts £165,000 (1), grants £14,096,000 (1); 72% of the £19,854,000 total gross income on the same return
- Employees paid over £60,000: 4 (£90,001–£100,000: 3; £110,001–£120,000: 1)
- Has a trading subsidiary
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Anita Bernie
- Caroline Rolfe
- David Cooper CBE
- Dean McCumiskey
- Hemma Gooljar
- John Banks
- Jonathan Ian Field
- Josh Chana
- Matthew Gilpin
- Sir Stephen Hillier
- Waseem Mahmood OBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £18.9m | £20.1m |
| 31/03/2024 | £21.6m | £19.4m |
| 31/03/2023 | £19.9m | £19.2m |
Common questions
Is ROYAL AIR FORCE MUSEUM financially healthy?
Per its FY2025 accounts: The accounts state that the Museum operates on a going concern basis with total net assets of £140,925,000 and cash reserves of £16,365,000. The trustees maintain a reserves policy targeting approximately two months of operational expenditure, which they confirm is currently met. Although the Museum reported an unrestricted operational surplus of £15,000 after depreciation, it recorded an overall net loss of £1,220,000 driven by significant depreciation charges on property and exhibitions. Its FY2025 accounts were audited by Comptroller and Auditor General.
Who funds ROYAL AIR FORCE MUSEUM?
Funders whose own accounts filings name ROYAL AIR FORCE MUSEUM as a grant recipient include THE ADRIAN SWIRE CHARITABLE TRUST, NATIONAL ART COLLECTIONS FUND, THE HOBSON CHARITY LIMITED, THE JOHN S COHEN FOUNDATION, THE PHILLIPS AND RUBENS CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ADRIAN SWIRE CHARITABLE TRUST | FY2021 | £25k | |
| NATIONAL ART COLLECTIONS FUND | FY2023 | £15k | Acquisition grant |
| THE HOBSON CHARITY LIMITED | FY2024 | £11k | Museum |
| DEVELOPMENTS IN LITERACY UK (UK) | FY2023 | Unverified read£10k | Air force history and education |
| THE ADRIAN SWIRE CHARITABLE TRUST | FY2023 | £10k | |
| THE ADRIAN SWIRE CHARITABLE TRUST | FY2022 | Unverified read£10k | |
| THE JOHN S COHEN FOUNDATION | FY2021 | £8k | Education & Academic |
| THE PHILLIPS AND RUBENS CHARITABLE TRUST | FY2023 | £5k | |
| THE ADRIAN SWIRE CHARITABLE TRUST | FY2025 | amount not stated |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 11/03/2024 | £758k | Public Sector Decarbonisation Scheme (Phase 3c) |
| The National Lottery Heritage Fund | 23/11/2022 | £10.0m | "Inspiring Everyone: RAF Museum Midlands Development Programme" |
| The National Lottery Heritage Fund | 03/12/2015 | £2.0m | "The RAF Centenary Programme - Phase 2b: Historic Hendon" |
| The National Lottery Heritage Fund | 19/05/2015 | £5.0m | "The RAF Centenary Programme - Phase 2a: The First 100 Years" |
| City Bridge Foundation | 28/01/2015 | £88k | Grant to Royal Air Force Museum |
| The National Lottery Heritage Fund | 28/11/2012 | £973k | "The First War in the Air" |
| The National Lottery Community Fund | 10/05/2012 | £10k | Barnet Community Weekend |
| The National Lottery Heritage Fund | 15/07/2005 | £610 | "The Royal Air Force Museum Will Use This Grant To Organise Transportation And Accommodation For One Hundred Veterans To Enable Them To Trave" |
| The National Lottery Heritage Fund | 24/02/2004 | £4.9m | "Divided World - Connected World" |
| The National Lottery Heritage Fund | 19/11/1998 | £4.9m | "Royal Air Force Museum, Hendon - Development" |
| The National Lottery Heritage Fund | 19/11/1996 | £1.5m | "Aviation And Heritage Centre" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ARMY AIR CORPS CHARITY | 1 | £44k |
| THE CATHERINE AND ANGUS WOOD CHARITABLE TRUST | 1 | £5k |
| THE JORON CHARITABLE TRUST | 1 | £5k |
| THE HARRY & MARY FOUNDATION | 1 | £3k |
| ANSON CHARITABLE TRUST | 1 | £2k |
| ASSOCIATION OF INDEPENDENT MUSEUMS | 1 | £2k |
Charities like this
- ARMY FLYING MUSEUM LIMITED
- GATWICK AVIATION MUSEUM
- THE ROYAL AIR FORCE CLUB
- THE FLEET AIR ARM MUSEUM
- AVIATION HERITAGE FOUNDATION LIMITED
- THE ROYAL AIR FORCE BENEVOLENT FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ROYAL AIR FORCE MUSEUM | £18.9m | — | — | unclear | — | no doubt |
| ARMY FLYING MUSEUM LIMITED | £1.1m | — | 0 | unclear | — | no doubt |
| GATWICK AVIATION MUSEUM | £222k | — | 0 | above | — | no doubt |
| THE ROYAL AIR FORCE CLUB | £13.1m | — | — | below | — | no doubt |
| THE FLEET AIR ARM MUSEUM | £27k | — | 0 | unclear | — | no doubt |
| AVIATION HERITAGE FOUNDATION LIMITED | £34k | — | 0 | unclear | — | no doubt |