ROYAL OPERA HOUSE COVENT GARDEN FOUNDATION

Registered charity 211775 · accounts filings on the Charity Commission register · also known as ORCHESTRA OF THE ROYAL OPERA HOUSE, ROH2, ROYAL OPERA HOUSE COVENT GARDEN LIMITED, THE ROYAL BALLET, THE ROYAL OPERA

Latest income
£182.1m
Latest spending
£174.7m
Registered
1962
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted general funds were £4.1m at the period end, equating to only 3% of current unrestricted incoming resources, which the Trustees note is below their target level of £10m. The charity reported a net expenditure on unrestricted funds of £4.3m for the year, driven by significant capital investment and inflationary pressures, though it maintains substantial cash reserves of £108.8m. The Trustees confirm adequate resources to continue as a going concern for at least twelve months, despite facing ongoing challenges from inflation and the need for substantial future building investment.

What the accounts disclose

Related-party transaction: The charity received grants of £1.8m from Royal Opera House Endowment Fund 2000.
During the period the charity received grants of £1.8m (52 week period ended 25 August 2024; £2.3m) from Royal Opera House Endowment Fund 2000 in furtherance of its charitable objectives. — page 86
The aggregate amount of unrestricted donations received from trustees was £2.6m (52 week period ended 25 August 2024: £3.2m). — page 87
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity received unrestricted donations of £2.6m from trustees.
During the period the charity received grants of £1.8m (52 week period ended 25 August 2024; £2.3m) from Royal Opera House Endowment Fund 2000 in furtherance of its charitable objectives. — page 86
The aggregate amount of unrestricted donations received from trustees was £2.6m (52 week period ended 25 August 2024: £3.2m). — page 87
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Royal Opera House Enterprises Limited, ROH Holdings Limited
The charity has two trading subsidiaries — ROH Holdings Limited and Royal Opera House Enterprises Limited. — page 64
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe UK LLP.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Structured financials (annual return, FY ending 25/08/2025)

Total income
£182.1m
Total spending
£174.7m
Cost of raising funds
£21.9m
Reserves (reported)
£4.1m
Employees
1,213

Reported reserves equal ~0.3 months of spending — in the bottom quarter for charities its size (median 2.7 months; benchmarks).

Register events

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
25/08/2025£182.1m£174.7m
25/08/2024£181.9m£171.9m
27/08/2023£170.7m£154.8m
27/08/2022£132.7m£136.9m
27/08/2021£84.3m£81.9m

Common questions

Is ROYAL OPERA HOUSE COVENT GARDEN FOUNDATION financially healthy?

The accounts state that unrestricted general funds were £4.1m at the period end, equating to only 3% of current unrestricted incoming resources, which the Trustees note is below their target level of £10m. The charity reported a net expenditure on unrestricted funds of £4.3m for the year, driven by significant capital investment and inflationary pressures, though it maintains substantial cash reserves of £108.8m. The Trustees confirm adequate resources to continue as a going concern for at least twelve months, despite facing ongoing challenges from inflation and the need for substantial future building investment. Its FY2025 accounts were audited by Crowe UK LLP.

Who funds ROYAL OPERA HOUSE COVENT GARDEN FOUNDATION?

Funders whose own accounts filings name ROYAL OPERA HOUSE COVENT GARDEN FOUNDATION as a grant recipient include THE MASTER CHARITABLE TRUST, GARFIELD WESTON FOUNDATION, THE MOHN WESTLAKE FOUNDATION, THE THOMPSON FAMILY CHARITABLE TRUST, THE LINBURY TRUST.

Shared trustees with funders

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

Known funders

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

FunderYearAmount
THE MASTER CHARITABLE TRUSTFY2025£10.9m
GARFIELD WESTON FOUNDATIONFY2024£5.0m
THE MASTER CHARITABLE TRUSTFY2023£4.0m
THE MOHN WESTLAKE FOUNDATIONFY2022£3.1m
THE MOHN WESTLAKE FOUNDATIONFY2025£1.6m
THE THOMPSON FAMILY CHARITABLE TRUSTFY2023£1.0m
THE MOHN WESTLAKE FOUNDATIONFY2024£1.0m
THE LINBURY TRUSTFY2023£1.0m
THE ROYAL OPERA HOUSE ENDOWMENT FUND 2000FY2023£833k
THE ROYAL OPERA HOUSE ENDOWMENT FUND 2000FY2023£706k
THE ROYAL OPERA HOUSE ENDOWMENT FUND 2000FY2023£415k
The Gerald and Gail Ronson Family FoundationFY2025£400k
HUO FAMILY FOUNDATION (UK) LIMITEDFY2022£363k
THE BAND TRUSTFY2023£350k
THE LINBURY TRUSTFY2025£340k
The Gerald and Gail Ronson Family FoundationFY2023£305k
The Gerald and Gail Ronson Family FoundationFY2022£300k
THE FOYLE FOUNDATIONFY2023£250k
THE KENNETH & SUSAN GREEN CHARITABLE FOUNDATIONFY2023£250k
THE KENNETH & SUSAN GREEN CHARITABLE FOUNDATIONFY2022£250k
THE DORFMAN FOUNDATIONFY2022£200k
THE ROYAL OPERA HOUSE ENDOWMENT FUND 2000FY2023£170k
THE ROYAL OPERA HOUSE ENDOWMENT FUND 2000FY2023£140k
KARIN BRASS MEMORIAL FUNDFY2025£100k
THE ROAN CHARITABLE TRUSTFY2022£100k
THE ROAN CHARITABLE TRUSTFY2024£75k
KARIN BRASS MEMORIAL FUNDFY2024£65k
THE ROYAL OPERA HOUSE ENDOWMENT FUND 2000FY2023£60k
THE ROAN CHARITABLE TRUSTFY2023£55k
THE CELIA BLAKEY CHARITABLE TRUSTFY2024£55k
THE CELIA BLAKEY CHARITABLE TRUSTFY2025£50k
THE STELLA AND ALEXANDER MARGULIES CHARITABLE TRUSTFY2025£30k
THE HEADLEY TRUSTFY2024£30k
The Portal TrustFY2025£30k
THE CONSTANCE TRAVIS CHARITABLE TRUSTFY2025£25k
THE STELLA AND ALEXANDER MARGULIES CHARITABLE TRUSTFY2024£12k
THE CELIA BLAKEY CHARITABLE TRUSTFY2023£10k
CHK FoundationFY2024£10k
ANSON CHARITABLE TRUSTFY2025£9k
THE ARCHIE SHERMAN CHARITABLE TRUSTFY2023£8k
ANSON CHARITABLE TRUSTFY2022£8k
THE SIR JOHN RITBLAT FAMILY FOUNDATIONFY2024£6k
THE M AND L CHARITABLE TRUSTFY2024£6k
THE M AND L CHARITABLE TRUSTFY2023£5k
THE RISMAN FOUNDATIONFY2022£5k
THE WOODWARD CHARITABLE TRUSTFY2024£5k
THE RISMAN FOUNDATIONFY2023£5k
THE MARCHUS TRUSTFY2024£5k
THE M AND L CHARITABLE TRUSTFY2025£5k
THE BELLASIS TRUSTFY2023£4k

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund14/07/2009£25k"High House Farm"

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 THE ROYAL OPERA HOUSE ENDOWMENT FUND 2000.