THE MICHAEL TIPPETT MUSICAL FOUNDATION

Registered charity 278469 · accounts filings on the Charity Commission register

Makes grants in the field of music. Specific guidelines available.

Objects

TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE ART OF MUSIC AND THE COMPOSITION OF MUSICAL WORKS AND TO RELIEV MUSICIANS AND COMPOSERS WHO ARE IN NEED, HARDSHIP OR DISTRESS.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Arts/culture/heritage/science · website · Get email alerts

Latest income
£65k
Latest spending
£41k
Registered
1979
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted funds were maintained at a level equating to at least twelve months of expenditure, meeting the charity's stated reserves policy. The charity reported unrestricted reserves of £100,427 at the end of the year, supported by cash funds and investments, despite facing significant banking difficulties in the previous year which have since been resolved.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: at least twelve months expenditure including grants and awards made (held: £100k)
“It is the policy of the charity to maintain unrestricted funds, which are its general reserves, at a level which equates to at least twelve months expenditure including grants and awards made.”
Per its FY2025 accounts as filed with the Charity Commission.
Governance: The charity faced considerable difficulties in 2023 with its bankers National Westminster Bank (NWB). As a result the charity's bank accounts were frozen and the charity was unable to receive monies nor could it make payments in a timely manner, as is its normal practice. The situation was fully resolved in November 2023
“The charity faced considerable difficulties in 2023 with its bankers National Westminster Bank (NWB). As a result the charity's bank accounts were frozen and the charity was unable to receive monies nor could it make payments in a timely manner, as is its normal practice. The situation was fully resolved in November 2023” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/08/2025£65k£41k
31/08/2024£79k£77k
31/08/2023£41k£6k
31/08/2022£27k£31k
31/08/2021£35k£26k

Common questions

Is THE MICHAEL TIPPETT MUSICAL FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted funds were maintained at a level equating to at least twelve months of expenditure, meeting the charity's stated reserves policy. The charity reported unrestricted reserves of £100,427 at the end of the year, supported by cash funds and investments, despite facing significant banking difficulties in the previous year which have since been resolved. Its FY2025 accounts were independently examined.