RSA (THE ROYAL SOCIETY FOR THE ENCOURAGEMENT OF ARTS, MANUFACTURES AND COMMERCE)
We are a unique global network of around 31,000 changemakers enabling people, places and the planet to flourish. We champion curiosity, creativity and courage to inspire better ways of thinking and doing. Our proven change process, rigorous research and design skills, innovative ideas platforms and our wider convening power combine to enable the RSA to deliver solutions for lasting change.
Objects
THE ENCOURAGEMENT OF ARTS, MANUFACTURES AND COMMERCE (FOR FULL DETAILS SEE PARAGRAPH 4 OF ROYAL CHARTER)
Financial health, per its FY2025 accounts
The accounts state that the RSA incurred a net loss of £1.9m for the year, driven by an operational deficit of £1.0m and an investment loss of £0.8m. Despite these losses, the charity reports that its general reserves remain robust at £8.3m, which the trustees confirm are within their stated target range of £8m to £10m.
What the accounts disclose
“The cost of key management personnel, defined as members of the Leadership Team, including employer’s national insurance and pension contributions by the RSA was £922k (eight individuals)”
“Based on our current assessment of principal risks, the RSA Board of Trustees estimates that our target general reserves range should be between £8m and £10m. This equates to around six to eight months of future expenditure.”
“The group financial statements comprise those of the RSA and its wholly owned subsidiaries, RSA Adelphi Enterprises Limited and RSA Shipley Enterprises Limited.”
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
- Investment
- 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: 29
- Government income: £85,284 — contracts £26,299 (1), grants £58,985 (2); under 1% of the £12,634,698 total gross income on the same return
- Employees paid over £60,000: 18 (£60,001–£70,000: 10; £70,001–£80,000: 1; £80,001–£90,000: 3; £90,001–£100,000: 2; £120,001–£130,000: 1; £150,001–£200,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 29
- Government income: £383,901 — contracts £80,048 (3), grants £303,853 (3); 3% of the £12,519,199 total gross income on the same return
- Employees paid over £60,000: 11 (£60,001–£70,000: 3; £70,001–£80,000: 1; £80,001–£90,000: 4; £90,001–£100,000: 1; £120,001–£130,000: 1; £150,001–£200,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 31
- Government income: £692,350 — contracts £287,350 (9), grants £405,000 (2); 5% of the £12,879,950 total gross income on the same return
- Employees paid over £60,000: 11 (£60,001–£70,000: 5; £70,001–£80,000: 1; £80,001–£90,000: 1; £90,001–£100,000: 2; £100,001–£110,000: 1; £150,001–£200,000: 1)
- Has a trading subsidiary
Corporate structure
- Trading subsidiary: RSA ADELPHI ENTERPRISES LIMITED Companies House 02784581 · Financial health read from its filings
- Trading subsidiary: RSA SHIPLEY ENTERPRISES LIMITED Companies House 08716337 · Financial health read from its filings
- Registered company of the charity Companies House RC000523
- Turnover: £4.0m
- Profit before tax: £180k
- Donated/gift-aided to the charity: £246k
- },
“Distributions to parent charity under gift aid”
- Turnover: £491k
- Profit before tax: £187k
- Donated/gift-aided to the charity: £187k
- Note 3 discloses £374,113 owed to group undertakings (2024: £75,381).
“There is no taxation charge as all taxable profits are donated to the parent charitable company.”
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (07/04/2022)
- Received assets from another charity (04/02/2016)
- Received assets from another charity (04/02/2016)
- Received assets from another charity (04/02/2016)
- Received assets from another charity (04/02/2016)
- Received assets from another charity (04/02/2016)
Trustees
- David D'Souza
- Dinah Casson
- Dr HOSEIN KHAJEH-HOSSEINY
- Fraser Hardie
- Ian Ailles
- Loyd Grossman CBE
- Michael Davis
- Sandra Boss
- Thomas Russell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £12.6m | £13.6m |
| 31/03/2024 | £12.5m | £13.2m |
| 31/03/2023 | £12.9m | £12.8m |
| 31/03/2022 | £10.4m | £11.3m |
| 31/03/2021 | £8.4m | £10.0m |
Common questions
Is RSA (THE ROYAL SOCIETY FOR THE ENCOURAGEMENT OF ARTS, MANUFACTURES AND COMMERCE) financially healthy?
Per its FY2025 accounts: The accounts state that the RSA incurred a net loss of £1.9m for the year, driven by an operational deficit of £1.0m and an investment loss of £0.8m. Despite these losses, the charity reports that its general reserves remain robust at £8.3m, which the trustees confirm are within their stated target range of £8m to £10m. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
Who funds RSA (THE ROYAL SOCIETY FOR THE ENCOURAGEMENT OF ARTS, MANUFACTURES AND COMMERCE)?
Funders whose own accounts filings name RSA (THE ROYAL SOCIETY FOR THE ENCOURAGEMENT OF ARTS, MANUFACTURES AND COMMERCE) as a grant recipient include THE CHARTERED INSTITUTE OF MARKETING CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE CHARTERED INSTITUTE OF MARKETING CHARITABLE TRUST | FY2025 | £89k | RSA Spark / Student Design Awards |
| THE CHARTERED INSTITUTE OF MARKETING CHARITABLE TRUST | FY2022 | £75k | RSA Student Design Awards 2022 sponsorship |
| THE CHARTERED INSTITUTE OF MARKETING CHARITABLE TRUST | FY2023 | £28k | Grants payable |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 07/11/2023 | £100k | Investment funds |
| UK government | 01/04/2019 | £79.1m | Royal Society Grant |
| Calouste Gulbenkian Foundation, UK Branch | 01/05/2016 | £11k | RSA (the Royal Society for the Encouragement of Arts, Manufactures and Commerce) |
| Barrow Cadbury Trust | 23/04/2016 | £50k | Democratising economic policy:Citizens Economic Council |
| The National Lottery Community Fund | 20/10/2009 | £500k | Building Inclusive Communities |
| The National Lottery Heritage Fund | 24/06/1997 | £657k | "RSA Archive Project" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FONDATION CHANEL | 1 | £1.2m |
| THE INDIGO TRUST | 1 | £275k |
| THE SPECTRIS FOUNDATION | 1 | £65k |
| ROYAL COMMISSION FOR THE EXHIBITION OF 1851 | 1 | £15k |
| LLOYD'S REGISTER FOUNDATION | 1 | £10k |
| THE HORNERS CHARITY FUND | 1 | £5k |
| THE KNOLL CHARITABLE TRUST | 1 | £200 |
Charities like this
- ROSA FUND
- THE ROYAL SOCIETY FOR THE PREVENTION OF ACCIDENTS
- ROYAL SOCIETY OF BRITISH ARTISTS LIMITED
- THE ROYAL SOCIETY OF CHEMISTRY
- ROYAL COMMONWEALTH SOCIETY
- ROYAL SOCIETY OF PAINTER-PRINTMAKERS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RSA (THE ROYAL SOCIETY FOR THE ENCOURAGEMENT OF ARTS, MANUFACTURES AND COMMERCE) | £12.6m | — | 8 | within | — | no doubt |
| ROSA FUND | £1.4m | — | — | above | — | no doubt |
| THE ROYAL SOCIETY FOR THE PREVENTION OF ACCIDENTS | £8.1m | £140,001 - £150,000 | 9 | unclear | — | no doubt |
| ROYAL SOCIETY OF BRITISH ARTISTS LIMITED | £45k | — | 0 | unclear | — | no doubt |
| THE ROYAL SOCIETY OF CHEMISTRY | £75.6m | — | 161 | below | — | no doubt |
| ROYAL COMMONWEALTH SOCIETY | £226k | — | 0 | unclear | — | no doubt |