THE NATIONAL GALLERY TRUST

Registered charity 299509 · accounts filings on the Charity Commission register

The objects of the Trust are the advancement of education and the charitable objects of the National Gallery. The Trust achieves this by making grants to organisations.

Objects

THE ADVANCEMENT OF EDUCATION AND THE CHARITABLE OBJECTS OF THE NATIONAL GALLERY.

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 · Grant history (this charity is a funder) · Get email alerts

Registered contact address: Westminster, London, England (from the postcode on the register)

Latest income
£8.4m
Latest spending
£11.5m
Registered
1988
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted free reserves totalled £57.0 million, which the Trustees consider sufficient to meet future funding obligations. The charity reported a net movement in funds of £473,350 for the year, supported by total income of £8.4 million against total expenditure of £11.5 million. The Trustees confirmed the financial statements were prepared on a going concern basis with no material uncertainties identified.

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

What the accounts disclose

Reserves policy: continue to build up reserves until they can be expended in furtherance of the charitable objects (reserves figure: £57.0m)
“It is the Trust's policy to continue to build up reserves until they can be expended in furtherance of the charitable objects.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Price Bailey LLP. Discloses 4 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.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/03/2025

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/03/2024

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/03/2023

  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£8.4m
Total spending
£11.5m
Cost of raising funds
£1.2m
Reserves (reported)
£57.1m
Employees
0

Reported reserves equal ~59.7 months of spending — in the top quarter for charities its size (median 4.7 months; benchmarks).

Per its annual return, cost of raising funds: 13.9% of total income — above the median for charities its size (5.3%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£8.4m£11.5m
31/03/2024£7.9m£19.8m
31/03/2023£6.3m£4.0m
31/03/2022£7.1m£7.5m
31/03/2021£9.2m£5.6m

Common questions

Is THE NATIONAL GALLERY TRUST financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted free reserves totalled £57.0 million, which the Trustees consider sufficient to meet future funding obligations. The charity reported a net movement in funds of £473,350 for the year, supported by total income of £8.4 million against total expenditure of £11.5 million. The Trustees confirmed the financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Price Bailey LLP.

Who funds THE NATIONAL GALLERY TRUST?

Funders whose own accounts filings name THE NATIONAL GALLERY TRUST as a grant recipient include The SVH Foundation, THE MASTER CHARITABLE TRUST, PRISM THE GIFT FUND, THE ROTHSCHILD FOUNDATION, THE JOHN R. MURRAY CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
The SVH FoundationFY2025£3.6mGrants to the National Gallery Trust
THE MASTER CHARITABLE TRUSTFY2025£3.0mAdvancement of the arts, culture, heritage or science
The SVH FoundationFY2021£2.0m
The SVH FoundationFY2023£1.6m
THE MASTER CHARITABLE TRUSTFY2023£1.6m
The SVH FoundationFY2022£1.5m
The SVH FoundationFY2024£1.5m
PRISM THE GIFT FUNDFY2024£1.0mArt and Cultural Heritage
THE MASTER CHARITABLE TRUSTFY2021£753k
PRISM THE GIFT FUNDFY2021£727kGrants to institutions/organisations
THE MASTER CHARITABLE TRUSTFY2022£656k
THE ROTHSCHILD FOUNDATIONFY2025£500k
THE ROTHSCHILD FOUNDATIONFY2023£350k
THE ROTHSCHILD FOUNDATIONFY2024£300k
THE ROTHSCHILD FOUNDATIONFY2022£180k
THE JOHN R. MURRAY CHARITABLE TRUSTFY2021£100kAdvancement of the arts, culture, heritage and science
S P LOHIA FOUNDATIONFY2022£90kThis donation will support The Modern Contemporary Art programme to support South Asian Artist.
THE VASEPPI TRUSTFY2022£50k
THE VASEPPI TRUSTFY2023£50k
THE JOHN R. MURRAY CHARITABLE TRUSTFY2024£42kAdvancement of the arts, culture, heritage and science
THE JOHN R. MURRAY CHARITABLE TRUSTFY2025£37kAdvancement of the arts, culture, heritage and science
THE STEVENSON FAMILY'S CHARITABLE TRUSTFY2022£30kCulture and Arts
THE CHRISTOPHER AND HENRY OLDFIELD TRUSTFY2022£25k
THE VASEPPI TRUSTFY2025£25k
THE VASEPPI TRUSTFY2024£25k
THE CHRISTOPHER AND HENRY OLDFIELD TRUSTFY2023£25k
THE JOHN BOOTH CHARITABLE FOUNDATIONFY2023£12k
THE BELLASIS TRUSTFY2022£5k
THE JOHN R. MURRAY CHARITABLE TRUSTFY2022Unverified read£5kAdvancement of the arts, culture, heritage and science
THE KILROOT FOUNDATIONFY2022£5k
THE KILROOT FOUNDATIONFY2023£5k
THE BELLASIS TRUSTFY2023£5k
THE JOHN BOOTH CHARITABLE FOUNDATIONFY2022£5k
THE BELLASIS TRUSTFY2021£4k
THE JOHN R. MURRAY CHARITABLE TRUSTFY2023Unverified read£3kAdvancement of the arts, culture, heritage and science
THE BELLASIS TRUSTFY2025£3k
THE BILLMEIR CHARITABLE TRUSTFY2025£3k
THE WILLIE AND MABEL MORRIS CHARITABLE TRUSTFY2025£250

Grants marked “Unverified read” were flagged by automated checks as possibly misread from the funder’s filed accounts. They are listed, but left out of the totals, counts and funder relationships this site computes.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE NATIONAL ARCHIVES TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE NATIONAL GALLERY TRUST£8.4m—0unclear—no doubt
THE NATIONAL ARCHIVES TRUST FY2026£538k—0unclear—no doubt
THE NATIONAL CHURCHES TRUST FY2025£5.2m£70,001 - £80,0003unclear—no doubt
THE BRITISH LIBRARY COLLECTIONS TRUST FY2025£1.7m—0unclear—no doubt
INTERNATIONAL NATIONAL TRUSTS ORGANISATION FY2025£1.1m——unclear—no doubt
MK GALLERY FY2025£1.8m£85,000 to £90,0001unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.