MUSEUM OF MODERN ART LIMITED
Modern Art Oxford was established as the Museum of Modern Art to present exhibitions of modern and contemporary visual art including paintings, drawings, prints, sculptures, design, photographs, video, film and works of art of any other media and to advance the education of the general public in the visual arts.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit on unrestricted funds of £47,798 for the year ended 31 March 2025, driven by pension deficit recovery payments exceeding net unrestricted income. Per the trustees' report, the charity faces sustained financial pressure due to reduced local authority funding and increasing operational costs, although it maintains a going concern status with adequate resources for the next twelve months.
What the accounts disclose
“One employee earned between £90,000 to £100,000 during the year” — page 48
“One employee earned between £90,000 to £100,000 during the year” — page 48
“The Museum of Modern Art Limited received £115,135 (2024: £190,000) donations in total from the trustees with no conditions attached.” — page 57
“The results of Modern Art Oxford’s subsidiary undertaking, Café MOMA Limited, are summarised in Note 11 to the financial statements.” — page 5
“The Museum of Modern Art Limited received £115,135 (2024: £190,000) donations in total from the trustees with no conditions attached.” — page 57
“The results of Modern Art Oxford’s subsidiary undertaking, Café MOMA Limited, are summarised in Note 11 to the financial statements.” — page 5
“Consequently, the charitable company has recognised a provision of £481,890 at 31 March 2025” — page 52
“Café MOMA Limited is a wholly owned subsidiary incorporated in England and Wales (company number 02351689) whose principal activity is the management of the café and bar.” — page 46
Year-over-year changes
- Top pay band moved from £80,001 - £90,000 (FY2024) to £90,001 - £100,000 (FY2025).
Funders the charity credits
- Arts Council England
- Oxford City Council
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Anna Yang
- Antony William Perring
- Celina Warriner
- Christina Isabella Cree
- Damianou Sophia
- Elizabeth Rose McCarthy
- Heidi Baravalle
- Jenny Garcia
- Lady Beatrice Marie Francoise Lupton
- Matt Symonds
- Rebecca Achieng Ajulu-Bushell
- Richard Parr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.1m | £2.1m |
| 31/03/2024 | £2.5m | £2.1m |
| 31/03/2023 | £2.3m | £2.5m |
| 31/03/2022 | £1.8m | £1.7m |
| 31/03/2021 | £1.7m | £1.4m |
Common questions
Is MUSEUM OF MODERN ART LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit on unrestricted funds of £47,798 for the year ended 31 March 2025, driven by pension deficit recovery payments exceeding net unrestricted income. Per the trustees' report, the charity faces sustained financial pressure due to reduced local authority funding and increasing operational costs, although it maintains a going concern status with adequate resources for the next twelve months. Its FY2025 accounts were audited by Wenn Townsend.
What does the highest-paid employee of MUSEUM OF MODERN ART LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £90,001 - £100,000 band, and 1 employees earned over £60,000.
Who funds MUSEUM OF MODERN ART LIMITED?
Funders whose own accounts filings name MUSEUM OF MODERN ART LIMITED as a grant recipient include THE WOLFSON FOUNDATION, THE FIDELITY UK FOUNDATION, THE LOVINGTON FOUNDATION, THE HEADLEY TRUST, MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE WOLFSON FOUNDATION | FY2024 | £350k | New gallery and learning spaces |
| THE FIDELITY UK FOUNDATION | FY2023 | £250k | Arts, culture and heritage |
| THE LOVINGTON FOUNDATION | FY2023 | £170k | |
| THE HEADLEY TRUST | FY2024 | £50k | Towards the costs of the Early Years and Families programme. |
| MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST | FY2023 | £30k | programme working with children impacted by parental imprisonment |
| STAPLES TRUST | FY2024 | £20k | Towards phase two of its capital works. |
| CHK Foundation | FY2023 | £10k | |
| CHK Foundation | FY2024 | £10k | |
| THE LOVINGTON FOUNDATION | FY2024 | £10k | |
| THE HEADLEY TRUST | FY2022 | £10k | Arts & Heritage - UK Covid-19 Revenue Support Grants. |
| ALTAJIR TRUST | FY2024 | £7k | |
| THE AMPERSAND FOUNDATION | FY2025 | £5k | |
| THE FENTON ARTS TRUST | FY2023 | £4k | |
| MR AND MRS J A PYE'S CHARITABLE SETTLEMENT | FY2023 | £2k | |
| MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST | FY2024 | £1k | programme working with children impacted by parental imprisonment |
| THE FENTON ARTS TRUST | FY2022 | £0 | |
| ALTAJIR TRUST | FY2025 | £0 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 09/02/2024 | £200k | Capital Investment Programme |
| UK government | 13/12/2021 | £909k | National Portfolio Organisations |
| Oxford City Council | 21/12/2018 | £70k | Grant to Modern Art Oxford |
| Oxford City Council | 09/02/2017 | £70k | Grant to Modern Art Oxford |
| The National Lottery Heritage Fund | 23/11/2015 | £10k | "The Past Presents the Future: 50 years of exhibitions at Modern Art Oxford" |
| The National Lottery Community Fund | 01/09/2011 | £10k | Lost in Time and Space (LITAS) |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FREELANDS FOUNDATION LIMITED | 2 | £157k |
| JERWOOD FOUNDATION | 1 | — |
| THE JULIA RAUSING TRUST | 1 | £761k |
| THE MASTER CHARITABLE TRUST | 1 | £733k |
| CECIL AND HILDA LEWIS CHARITABLE TRUST | 1 | £192k |
| PRISM THE GIFT FUND | 1 | £68k |
| JOHN LYON'S CHARITY | 1 | £42k |
| ANSON CHARITABLE TRUST | 1 | £30k |
Charities like this
- THE SHOWROOM GALLERY LTD.
- ART MONTHLY FOUNDATION
- OUTSET - CONTEMPORARY ART FUND
- NOTTINGHAM CONTEMPORARY
- THE CONTEMPORARY ART SOCIETY
- THE MUSEUMS ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MUSEUM OF MODERN ART LIMITED | £3.1m | £90,001 - £100,000 | 1 | unclear | — | no doubt |
| THE SHOWROOM GALLERY LTD. | £409k | — | 0 | above | — | no doubt |
| ART MONTHLY FOUNDATION | £202k | — | 0 | unclear | — | no doubt |
| OUTSET - CONTEMPORARY ART FUND | £490k | — | — | unclear | — | no doubt |
| NOTTINGHAM CONTEMPORARY | £2.1m | — | 0 | unclear | — | no doubt |
| THE CONTEMPORARY ART SOCIETY | £2.1m | — | — | above | — | no doubt |