ROYAL INSTITUTE OF BRITISH ARCHITECTS
Financial health, per its FY2024 accounts
The accounts state that RIBA achieved a balanced operational budget for the second consecutive year, with total income increasing by 15% to £30.7m and unrestricted reserves held at £6m, which is above the stated policy target of £3m-£5m. The charity maintains a strong balance sheet with £122.6m in investment funds and reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The target for general reserves at the end of 2024 remains between £3m and £5m.”
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (23/04/2015)
- Received assets from another charity (22/05/2014)
Trustees
- Jack Brown Pringlechair
- Arch Sumita Singha OBE
- Christopher Andrew Williamson
- Dr Ruffina Sharmilla Thilakaratne
- Guido Roberto Perricone
- Manuel Nogueira
- Nicholas Andrew Benford
- Nicholas Brown
- OluFemi Olugbenga Oresanya
- Paul Finch
- Philip David Allsopp
- Thomas John Foggin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £30.7m | £32.9m |
| 31/12/2023 | £26.8m | £28.5m |
| 31/12/2022 | £23.2m | £31.2m |
| 31/12/2021 | £21.0m | £29.4m |
| 31/12/2020 | £21.0m | £28.8m |
Common questions
Is ROYAL INSTITUTE OF BRITISH ARCHITECTS financially healthy?
The accounts state that RIBA achieved a balanced operational budget for the second consecutive year, with total income increasing by 15% to £30.7m and unrestricted reserves held at £6m, which is above the stated policy target of £3m-£5m. The charity maintains a strong balance sheet with £122.6m in investment funds and reports no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by MHA.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 31/10/2013 | £67k | "Exhibition of "Liverpool: the Evolving City", using RIBA's historic drawings and photography collection" |
| The National Lottery Heritage Fund | 17/02/2010 | £40k | "50|50 [50 buildings, 50 years of exemplary architecture in the East Midlands]" |
| The National Lottery Heritage Fund | 30/07/2002 | £3.4m | "Architecture for All" |
| The National Lottery Heritage Fund | 03/07/2001 | £19k | "C.F.A. Voysey Archive - Acquisition" |
| The National Lottery Heritage Fund | 03/07/1998 | £243k | "Lutyens Letters & Sketchbooks - Acquisition" |
| The National Lottery Heritage Fund | 25/03/1997 | £43k | "British Architectural Library Collections Development Study" |