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THE NATIONAL GALLERY TRUST

Registered charity 299509 · accounts filings on the Charity Commission 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.

What the accounts disclose

Reserves policy: continue to build up reserves until they can be expended in furtherance of the charitable objects (held: £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.

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 4.8 months; benchmarks).

Trustees

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?

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 NGT FOUNDATION, THE MASTER CHARITABLE TRUST, THE ROTHSCHILD FOUNDATION, S P LOHIA FOUNDATION, THE VASEPPI TRUST.

Known funders

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

FunderYearAmount
THE NGT FOUNDATIONFY2025£3.6m
THE MASTER CHARITABLE TRUSTFY2025£3.0m
THE NGT FOUNDATIONFY2023£1.6m
THE MASTER CHARITABLE TRUSTFY2023£1.6m
THE NGT FOUNDATIONFY2024£1.5m
THE MASTER CHARITABLE TRUSTFY2022£656k
THE ROTHSCHILD FOUNDATIONFY2025£500k
THE ROTHSCHILD FOUNDATIONFY2024£300k
THE ROTHSCHILD FOUNDATIONFY2022£180k
S P LOHIA FOUNDATIONFY2022£90k
THE VASEPPI TRUSTFY2023£50k
THE VASEPPI TRUSTFY2024£25k
THE CHRISTOPHER AND HENRY OLDFIELD TRUSTFY2023£25k
THE JOHN BOOTH CHARITABLE FOUNDATIONFY2023£12k
THE JOHN BOOTH CHARITABLE FOUNDATIONFY2022£5k
THE BELLASIS TRUSTFY2023£5k
THE JOHN R. MURRAY CHARITABLE TRUSTFY2022£5k
THE KILROOT FOUNDATIONFY2023£5k
THE JOHN R. MURRAY CHARITABLE TRUSTFY2023£3k
THE BILLMEIR CHARITABLE TRUSTFY2025£3k
THE WILLIE AND MABEL MORRIS CHARITABLE TRUSTFY2025£250

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.

FunderSimilar charities fundedAmount to them
THE DORFMAN FOUNDATION1£208k
REUBEN FOUNDATION1£159k
THE EVAN CORNISH FOUNDATION1£15k
THE ANTHONY AND ELIZABETH MELLOWS CHARITABLE SETTLEMENT1£1k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE NGT FOUNDATION.