MINEHEAD AND EXMOOR MUSIC FESTIVAL SOCIETY
The Society organises a series of concerts in the last week of July in each year and sometimes in the winter to raise funds for the July week. We have our own visiting orchestra and chamber group and also arrange a recital given by a talented local young performer.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £4,464 for the year ended 31 December 2024, resulting in unrestricted reserves falling to £3,637. The trustees note that this reserve level is lower than desirable given recent annual deficits of £3,000-£4,000, but they remain confident in the festival's continuation through dedicated committee support.
What the accounts disclose
“After ticket sales, the biggest single item of income for the society is from organisations supporting the arts and/or local events, in the form of grants.” — page 2
“At the end of 2024 the reserve is £3637. With annual deficits recently in the region of £3-4,000 this is clearly lower than is desirable.” — page 3
Trustees
- MICHAEL ERNEST DEWARchair
- PAULA TYSALL
- TRACEY ANNE THURLOW
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £25k | £30k |
| 31/12/2023 | £31k | £27k |
| 31/12/2022 | £22k | £26k |
| 31/12/2021 | £2k | £2k |
| 31/12/2020 | £0 | £388 |
Common questions
Is MINEHEAD AND EXMOOR MUSIC FESTIVAL SOCIETY financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of £4,464 for the year ended 31 December 2024, resulting in unrestricted reserves falling to £3,637. The trustees note that this reserve level is lower than desirable given recent annual deficits of £3,000-£4,000, but they remain confident in the festival's continuation through dedicated committee support. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Somerset Community Foundation | 10/07/2023 | £2k | Festival running costs |