ROYAL AIR FORCE MUSEUM

Registered charity 1197541 · accounts filings on the Charity Commission register

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.

Causes: Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£18.9m
Latest spending
£20.1m
Registered
2022
Accounts read
FY2025

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.

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

What the accounts disclose

Accounts audited by Comptroller and Auditor General. Discloses 3 of 6 completeness components.

Public fundraising profile: JustGiving — RAF Museum (matched by registered charity number).

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Structured financials (annual return, FY ending 31/03/2025)

Total income
£18.9m
Total spending
£20.1m
Cost of raising funds
£601k
Reserves (reported)
£2.3m
Employees
203

Reported reserves equal ~1.4 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (73% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 3.2% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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, DEVELOPMENTS IN LITERACY UK (UK), THE PHILLIPS AND RUBENS CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE ADRIAN SWIRE CHARITABLE TRUSTFY2021£25k
NATIONAL ART COLLECTIONS FUNDFY2023£15kAcquisition grant
THE HOBSON CHARITY LIMITEDFY2024£11kMuseum
THE ADRIAN SWIRE CHARITABLE TRUSTFY2023£10k
DEVELOPMENTS IN LITERACY UK (UK)FY2023£10kAir force history and education
THE ADRIAN SWIRE CHARITABLE TRUSTFY2022£10k
THE PHILLIPS AND RUBENS CHARITABLE TRUSTFY2023£5k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
UK government11/03/2024£758kPublic Sector Decarbonisation Scheme (Phase 3c)
The National Lottery Heritage Fund23/11/2022£10.0m"Inspiring Everyone: RAF Museum Midlands Development Programme"
The National Lottery Heritage Fund03/12/2015£2.0m"The RAF Centenary Programme - Phase 2b: Historic Hendon"
The National Lottery Heritage Fund19/05/2015£5.0m"The RAF Centenary Programme - Phase 2a: The First 100 Years"
City Bridge Foundation28/01/2015£88kGrant to Royal Air Force Museum
The National Lottery Heritage Fund28/11/2012£973k"The First War in the Air"
The National Lottery Community Fund10/05/2012£10kBarnet Community Weekend
The National Lottery Heritage Fund15/07/2005£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 Fund24/02/2004£4.9m"Divided World - Connected World"
The National Lottery Heritage Fund19/11/1998£4.9m"Royal Air Force Museum, Hendon - Development"
The National Lottery Heritage Fund19/11/1996£1.5m"Aviation And Heritage Centre"

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ROYAL ARTILLERY MUSEUM.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
ROYAL AIR FORCE MUSEUM£18.9m——unclear—no doubt
ROYAL ARTILLERY MUSEUM FY2024£825k—0above—no doubt
THE ROYAL AIR FORCE BENEVOLENT FUND FY2025£27.7m—19unclear17.9%no doubt
RAF MANSTON SPITFIRE & HURRICANE MEMORIAL MUSEUM FY2025£152k—0unclear—no doubt
THE ROYAL AIR FORCE CENTRAL FUND FY2024£6.6m£100,001 - £110,0003unclear—no doubt
ROYAL NAVY MUSEUMS FY2025£19.7m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.