RUSSELL-COTES ART GALLERY AND MUSEUM

Registered charity 306288 · accounts filings on the Charity Commission register

Russell-Cotes provides a museum and art gallery based in a listed building overlooking Poole Bay.The Museum is part of the Government's initiative to improve access to the arts.

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

Latest income
£1.5m
Latest spending
£1.7m
Registered
1962
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a net movement in funds of £375,139 for the year ended 31 March 2025, driven by a significant revaluation gain of £610,154 on heritage assets. The unrestricted fund balance stands at £123,779, while the total net assets are £47,159,563, largely comprised of the endowment fund valued at £46,813,402. The trustees confirm that the accounts are prepared on a going concern basis, supported by historical subsidies from BCP Council.

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

What the accounts disclose

Accounts audited by Hixsons. Discloses 4 of 6 completeness components.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

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

Total income
£1.5m
Total spending
£1.7m
Cost of raising funds
£1.4m
Reserves (reported)
£346k
Employees
18

Reported reserves equal ~2.4 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (62% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 93.7% of total income — above the 90th percentile for charities its size (median 5.2%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Bournemouth

Income and spending

Financial year endIncomeSpending
31/03/2025£1.5m£1.7m
31/03/2024£2.0m£2.0m
31/03/2023£1.3m£1.8m
31/03/2022£1.1m£1.1m
31/03/2021£871k£864k

Common questions

Is RUSSELL-COTES ART GALLERY AND MUSEUM financially healthy?

Per its FY2025 accounts: The accounts state that the charity achieved a net movement in funds of £375,139 for the year ended 31 March 2025, driven by a significant revaluation gain of £610,154 on heritage assets. The unrestricted fund balance stands at £123,779, while the total net assets are £47,159,563, largely comprised of the endowment fund valued at £46,813,402. The trustees confirm that the accounts are prepared on a going concern basis, supported by historical subsidies from BCP Council. Its FY2025 accounts were audited by Hixsons.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
UK government06/02/2025£1.5mMuseum Estate and Development Fund
UK government09/02/2022£518kMuseum Estate and Development fund
UK government01/04/2019£116kReinterpretation and Reconnecting Project
The National Lottery Heritage Fund09/05/2018£29k"Raising Resilience at the Russell Cotes"
The National Lottery Heritage Fund11/05/2016£44k"For the Love of Russell-Cotes: building audiences for the future"
The National Lottery Heritage Fund07/06/2013£10k"Russell-Cotes: Fundraising for the Future"
The National Lottery Heritage Fund12/02/1997£2.1m"Russell-Cotes Art Gallery, Bournemouth - Improvements"
UK government—£132kDCMS/Wolfson Museums and Galleries Improvement Fund

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 FRIENDS OF BRISTOL MUSEUMS, GALLERIES & ARCHIVES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
RUSSELL-COTES ART GALLERY AND MUSEUM£1.5m—0unclear—no doubt
FRIENDS OF BRISTOL MUSEUMS, GALLERIES & ARCHIVES FY2025£165k—0unclear—no doubt
CULTURE COVENTRY FY2025£3.7m——unclear9.5%no doubt
CUSTOMS HOUSE TRUST LIMITED FY2025£3.1m£60,001 - £70,000—below—no doubt
NATIONAL MARITIME MUSEUM CORNWALL TRUST FY2025£2.4m£80,001 - £90,000—unclear—no doubt
THE SHOWROOM GALLERY LTD. FY2025£409k—0above—no doubt

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