MIND ASSOCIATION
Financial health, per its FY2024 accounts
The accounts state that total unrestricted funds increased to £814,931 at year-end, up from £745,973 in the previous period, driven by a net income of £68,958. The charity maintains a reserves policy aimed at building sufficient funds to publish its journal without subscriber fees, though no specific monetary target or months-of-expenditure metric is explicitly stated. The independent examiner confirmed that accounting records were kept and the accounts accorded with those records.
What the accounts disclose
“Our aim is to build up sufficient funds to generate an income sufficient to publish the journal without need for paying subscribers, should the market for subscriptions reduce significantly.” — page 5
Trustees
- Dr Curie Virag
- Dr David Luke John Elson
- Dr Louise Mary Hanson
- Dr Mark Pinder
- Dr Mark Sinclair
- Dr Megan Blomfield
- Professor Al-Quassim Amir Cassam
- Professor Anna Marmodoro
- Professor Christoph Kelp
- Professor Eliot Michaelson
- Professor Helen Beebee
- Professor Jonathan Webber
- Professor Ruth Boeker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £190k | £141k |
| 31/12/2023 | £191k | £136k |
| 31/12/2022 | £210k | £266k |
| 31/12/2021 | £209k | £192k |
| 31/12/2020 | £219k | £190k |
Common questions
Is MIND ASSOCIATION financially healthy?
The accounts state that total unrestricted funds increased to £814,931 at year-end, up from £745,973 in the previous period, driven by a net income of £68,958. The charity maintains a reserves policy aimed at building sufficient funds to publish its journal without subscriber fees, though no specific monetary target or months-of-expenditure metric is explicitly stated. The independent examiner confirmed that accounting records were kept and the accounts accorded with those records. Its FY2024 accounts were independently examined.
Who funds MIND ASSOCIATION?
Funders whose own accounts filings name MIND ASSOCIATION as a grant recipient include THE MIDDLETON FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE MIDDLETON FOUNDATION | FY2023 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FIELDROSE CHARITABLE TRUST | 2 | £30k |
| BNA CHARITABLE INCORPORATED ORGANISATION | 2 | £28k |
| CBRE UK CHARITABLE TRUST | 2 | £11k |
| THE FIFTY FUND | 2 | £8k |
| THE JESSIE SPENCER TRUST | 2 | £2k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £600k |
| ALAN DAVIDSON FOUNDATION | 1 | £301k |
| STAND AGAINST MND | 1 | £125k |