THE INSTITUTE OF ECONOMIC AFFAIRS LIMITED
The IEA's activities include research, publications, conferences, lectures, seminars, special events, a website, blog and extensive programme of student and teacher outreach.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of (£1,075,211) for the year, resulting in unrestricted general funds being in a deficit of £548,533. Despite having net current liabilities, the trustees confirm the going concern basis is appropriate based on forecasts to March 2027 and adequate resources. Total net assets decreased from £6,319,096 to £5,243,885, largely due to investment losses and reduced donations.
What the accounts disclose
“The free reserves of the charity as at 31 March 2025, defined as being unrestricted, undesignated funds not represented by tangible fixed assets, were in negative balance of £548,533” — page 8
“Donations and fees of £120,400 (2024: £580,600) were received or pledged in the period from IEA Forum Limited, a company in which a Trustee is a director, and three Trustees are members. £19,606 (2024: £122,600) was outstanding at the year-end in respect of these transactions.” — page 31
“Donations from trustees in the period totalled £56,000 (2024: £51,490).” — page 31
“Donations and fees of £120,400 (2024: £580,600) were received or pledged in the period from IEA Forum Limited, a company in which a Trustee is a director, and three Trustees are members. £19,606 (2024: £122,600) was outstanding at the year-end in respect of these transactions.” — page 31
“Donations from trustees in the period totalled £56,000 (2024: £51,490).” — page 31
Corporate structure
- Registered company of the charity Companies House 00755502
Company officers (Companies House)
- CASTANEDA FERNANDEZ, Juan Enrique, Professor not on trustee list
- BJORNSKOV, Christian, Professor on trustee list
- EDWARDS, Linda Harrison on trustee list
- EDWARDS, Robin Warwick on trustee list
- PRIOR, Bruno George on trustee list
- MINFORD, Anthony Patrick Leslie not on trustee list
- BOYD, Robert James on trustee list
- MAYER, Andrew
Property (HM Land Registry)
Electoral Commission register entries
- Visit: The Rt Hon David Davis MP — £2k
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (29/05/2024)
- Received assets from another charity (12/12/2023)
Trustees
- BRUNO PRIOR
- Linda Harrison Edwards
- PROFESSOR PATRICK MINFORD PHD
- Professor Christian Bjornskov
- Professor Juan Enrique Castenada Fernandez
- ROBERT BOYD
- ROBIN WARWICK EDWARDS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £2.2m |
| 31/03/2024 | £2.0m | £3.0m |
| 31/03/2023 | £2.3m | £2.4m |
| 31/03/2022 | £2.6m | £2.3m |
| 31/03/2021 | £2.3m | £2.3m |
Common questions
Is THE INSTITUTE OF ECONOMIC AFFAIRS LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of (£1,075,211) for the year, resulting in unrestricted general funds being in a deficit of £548,533. Despite having net current liabilities, the trustees confirm the going concern basis is appropriate based on forecasts to March 2027 and adequate resources. Total net assets decreased from £6,319,096 to £5,243,885, largely due to investment losses and reduced donations. Its FY2025 accounts were audited by Streets Audit LLP.
Who funds THE INSTITUTE OF ECONOMIC AFFAIRS LIMITED?
Funders whose own accounts filings name THE INSTITUTE OF ECONOMIC AFFAIRS LIMITED as a grant recipient include MOYNITRUST, THE STREET FOUNDATION, PAUL AND LOUISE COOKE ENDOWMENT, THE SIR EDWARD LEWIS FOUNDATION, THE SAMUEL STOREY FAMILY CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MOYNITRUST | FY2025 | £13k | |
| THE STREET FOUNDATION | FY2023 | £10k | |
| PAUL AND LOUISE COOKE ENDOWMENT | FY2023 | £10k | general |
| PAUL AND LOUISE COOKE ENDOWMENT | FY2022 | £10k | |
| MOYNITRUST | FY2022 | £3k | |
| THE SIR EDWARD LEWIS FOUNDATION | FY2022 | £3k | Economic research and education |
| THE SAMUEL STOREY FAMILY CHARITABLE TRUST | FY2022 | £500 | |
| THE STREET FOUNDATION | FY2022 | £0 | Other |
| PAUL AND LOUISE COOKE ENDOWMENT | FY2024 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FITZGERALD FAMILY FOUNDATION | 1 | £275k |
| THE MCBAIN FAMILY FOUNDATION | 1 | £220k |
| THE ROTHSCHILD FOUNDATION | 1 | £170k |
| HAYDEN FAMILY (UK) LTD. | 1 | £145k |
| ELRHA | 1 | £95k |
| ATKIN CHARITABLE FOUNDATION | 1 | £55k |
| Alex Ferry Foundation | 1 | £30k |
| THE LANKELLYCHASE FOUNDATION | 1 | £22k |
Charities like this
- ENERGY INSTITUTE
- THE ROYAL INSTITUTE OF INTERNATIONAL AFFAIRS
- INSTITUTE OF EMPLOYMENT RIGHTS
- INSTITUTE FOR STRATEGIC DIALOGUE
- IESE FOUNDATION UK
- JOHN INNES FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE INSTITUTE OF ECONOMIC AFFAIRS LIMITED | £1.3m | — | — | below | — | no doubt |
| ENERGY INSTITUTE | £11.0m | — | — | unclear | — | no doubt |
| THE ROYAL INSTITUTE OF INTERNATIONAL AFFAIRS | £20.2m | — | — | unclear | — | no doubt |
| INSTITUTE OF EMPLOYMENT RIGHTS | £150k | — | 0 | unclear | — | no doubt |
| INSTITUTE FOR STRATEGIC DIALOGUE | £6.1m | — | — | above | — | no doubt |
| IESE FOUNDATION UK | £357k | — | 0 | unclear | — | no doubt |