THE LONDON SYMPHONY ORCHESTRA ENDOWMENT TRUST
The general purpose of the charity is to support the objects of the London Symphony Orchestra (LSO) and these are to promote, maintain and advance education, particularly musical education and to encourage the arts including the arts of music, drama, mime, dancing and singing. Specifically the Trust actively supports musical education in the form of the LSO's education programme, LSO Discovery.
Financial health, per its FY2026 accounts
The accounts state that the Trust holds total net assets of £25,574,303, with free reserves of £619,000 exceeding the stated policy target of £50,000 to £150,000. The Trustee confirms there are no material uncertainties regarding financial viability, citing minimal liabilities and adequate resources to continue activities for the foreseeable future.
What the accounts disclose
“This is higher than the target level for free reserves of £50,000 to £150,000.”
“Grants made to the LSO and its subsidiaries, LSO Productions Ltd and LSO Live Ltd during the year are shown above. There were no other related party transactions in the year.” — page 22
Year-over-year changes
- Reserves position vs the charity's own policy moved from "below" (FY2025) to "above" (FY2026).
Funders the charity credits
- Arts Council England
- BMW Group
- 29th May 1961 Charity
- ABO Trust Sirens Fund
- Andor Charitable Trust
- Anthony and Elizabeth Mellows Charitable Settlement
- Barbara Whatmore Charitable Trust
- City of London Cultural and Learning Fund
- The Clore Duffield Foundation
- Cockayne – Grants for the Arts
- David Solomons Charitable Foundation
- Garfield Weston Foundation
- Harold Hyam Wingate Foundation
Structured financials (annual return, FY ending 31/03/2026)
Trustees
- LSOET Corporate Trustee Ltd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £1.1m | £4.6m |
| 31/03/2025 | £2.7m | £1.5m |
| 31/03/2024 | £726k | £402k |
| 31/03/2023 | £1.1m | £638k |
| 31/03/2022 | £1.9m | £294k |
Common questions
Is THE LONDON SYMPHONY ORCHESTRA ENDOWMENT TRUST financially healthy?
Per its FY2026 accounts: The accounts state that the Trust holds total net assets of £25,574,303, with free reserves of £619,000 exceeding the stated policy target of £50,000 to £150,000. The Trustee confirms there are no material uncertainties regarding financial viability, citing minimal liabilities and adequate resources to continue activities for the foreseeable future. Its FY2026 accounts were audited by HaysMac LLP.
Who funds THE LONDON SYMPHONY ORCHESTRA ENDOWMENT TRUST?
Funders whose own accounts filings name THE LONDON SYMPHONY ORCHESTRA ENDOWMENT TRUST as a grant recipient include THE HELEN HAMLYN TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE HELEN HAMLYN TRUST | FY2024 | £2.5m | Endowment for Young Composers Scheme |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DR RADCLIFFE'S TRUST | 4 | £24k |
| THE MARCHUS TRUST | 3 | £20k |
| THE AUSTIN AND HOPE PILKINGTON TRUST | 3 | £15k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 2 | £671k |
| THE IDLEWILD TRUST | 2 | £110k |
| THE BOLTINI TRUST | 2 | £45k |
| The Ethos Foundation | 2 | £17k |
| THE JOHN THAW FOUNDATION | 2 | £3k |
Charities like this
- THE LONDON SYMPHONY ORCHESTRA LIMITED
- THE LONDON MUSICAL THEATRE ORCHESTRA
- THE LONDON SYMPHONY CHORUS
- HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUST
- ROYAL PHILHARMONIC ORCHESTRA LIMITED
- HALLE ENDOWMENT TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE LONDON SYMPHONY ORCHESTRA ENDOWMENT TRUST | £1.1m | — | 0 | above | — | no doubt |
| THE LONDON SYMPHONY ORCHESTRA LIMITED | £28.8m | — | — | within | — | no doubt |
| THE LONDON MUSICAL THEATRE ORCHESTRA | £392k | — | 0 | unclear | — | no doubt |
| THE LONDON SYMPHONY CHORUS | £167k | — | 0 | unclear | — | no doubt |
| HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUST | £638k | — | 0 | unclear | — | no doubt |
| ROYAL PHILHARMONIC ORCHESTRA LIMITED | £11.8m | — | — | unclear | 5.0% | no doubt |