THE INSTITUTE OF MEASUREMENT AND CONTROL
For the public benefit:(i) qualifying individuals as professionals in measurement and control and as engineers and scientists,(ii) disseminating knowledge and information, on/about development in the industry, through learned society activities such as publications, symposia and technical meetings etc.
Financial health, per its FY2024 accounts
The accounts state that the Institute maintained a stable financial position with healthy operating budgets and performing investments. The trustees confirmed adequate resources for the foreseeable future, with unrestricted reserves of £2,751,909 against a policy of maintaining adequate capital reserves not used for normal operating costs.
What the accounts disclose
“The Institute aims to fund its core activities through revenue and to maintain adequate capital reserves which are not used to support normal operating costs”
Funders the charity credits
- UK Government
- Community Renewal Fund
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- David Green
- Duncan Hutton
- Lindsay Scott
- Navdeep Mehay
- Oliver Grievson
- Professor Andreas Augousti
- Professor Sheila Smith
- Stewart Macfarlane
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £524k | £526k |
| 31/12/2024 | £523k | £482k |
| 31/12/2023 | £456k | £548k |
| 31/12/2022 | £444k | £492k |
| 31/12/2021 | £449k | £443k |
Common questions
Is THE INSTITUTE OF MEASUREMENT AND CONTROL financially healthy?
Per its FY2024 accounts: The accounts state that the Institute maintained a stable financial position with healthy operating budgets and performing investments. The trustees confirmed adequate resources for the foreseeable future, with unrestricted reserves of £2,751,909 against a policy of maintaining adequate capital reserves not used for normal operating costs. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| REES JEFFREYS ROAD FUND | 1 | £40k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £12k |
Charities like this
- INSTITUTE OF CORROSION
- ENGINEERING INTEGRITY SOCIETY
- THE INSTITUTION OF CHEMICAL ENGINEERS
- INSTITUTE OF CAST METALS ENGINEERS
- THE INSTITUTE OF MATERIALS, MINERALS & MINING
- THE BRITISH INSTITUTE OF NON-DESTRUCTIVE TESTING
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE INSTITUTE OF MEASUREMENT AND CONTROL | £524k | — | — | above | — | no doubt |
| INSTITUTE OF CORROSION | £857k | — | 0 | unclear | — | no doubt |
| ENGINEERING INTEGRITY SOCIETY | £116k | — | 0 | unclear | — | no doubt |
| THE INSTITUTION OF CHEMICAL ENGINEERS | £10.6m | — | — | unclear | — | no doubt |
| INSTITUTE OF CAST METALS ENGINEERS | £296k | — | 0 | unclear | — | no doubt |
| THE INSTITUTE OF MATERIALS, MINERALS & MINING | £5.2m | — | — | above | — | no doubt |