SIR JOHN SOANE'S MUSEUM
To preserve Nos 12, 13 & 14 Lincoln's Inn Fields and Sir John Soane's collections for present and future generations. To allow free public access to the Museum and collections. To provide education following Soane's intention to develop 'an Academy for the Study of Architecture'. To publicize the Museum's collections as widely as possible through events, exhibitions, catalogues and publications.
Financial health, per its FY2025 accounts
The accounts state that the Museum's unrestricted free reserves stood at £1,184,827, which is in excess of the Trustees' stated prudent target of £718,000. The Museum reports that its finances are in good order, supported by a Grant-in-Aid from DCMS and record commercial income, although it notes that long-term financial sustainability remains challenging due to constraints on its physical footprint.
What the accounts disclose
“The full time equivalent (FTE) banded remuneration of the highest-paid director in the Museum at the financial year end was £90,000-£95,000” — page 32
“the Museum’s unrestricted free reserves (General Fund) should be held at a prudential level that approximately represents six months of the routine annual cost of running the Museum, excluding trading costs, after deduction of the DCMS Grant-in–Aid. At their last review in 2025, based on the 2024-25 Consolidated Financial Statement, this figure was estimated to be at least £718,000.”
“Sir John Soane's Museum is an NDPB whose sponsor department is DCMS. DCMS is regarded as a related party. During the year, Sir John Soane's Museum has had material transactions with DCMS. These transactions are shown in Note 2.” — page 65
“The Group purchased services from the related parties of SME Directors for expenditure totalling £34,000 (2023-24: £35,000).” — page 65
“Sir John Soane's Museum is an NDPB whose sponsor department is DCMS. DCMS is regarded as a related party. During the year, Sir John Soane's Museum has had material transactions with DCMS. These transactions are shown in Note 2.” — page 65
“The Group purchased services from the related parties of SME Directors for expenditure totalling £34,000 (2023-24: £35,000).” — page 65
“Sir John Soane's Museum is an NDPB whose sponsor department is DCMS. DCMS is regarded as a related party. During the year, Sir John Soane's Museum has had material transactions with DCMS. These transactions are shown in Note 2.” — page 65
“The Group purchased services from the related parties of SME Directors for expenditure totalling £34,000 (2023-24: £35,000).” — page 65
“Sir John Soane's Museum is an NDPB whose sponsor department is DCMS. DCMS is regarded as a related party. During the year, Sir John Soane's Museum has had material transactions with DCMS. These transactions are shown in Note 2.” — page 65
“The Group purchased services from the related parties of SME Directors for expenditure totalling £34,000 (2023-24: £35,000).” — page 65
“The Museum's trading Subsidiary, Soane Museum Enterprises Limited (SME Ltd), became operational on 27 January 2014, carrying out the commercial operations of the Group, principally being retail, licensing and room hire.” — page 8
Year-over-year changes
- Top pay band moved from £85,000 - £90,000 (FY2024) to £90,000-£95,000 (FY2025).
Corporate structure
- Trading subsidiary: SOANE MUSEUM ENTERPRISES LIMITED Companies House 08171280
- Turnover: £876k
- Profit before tax: £222k
- Donated/gift-aided to the charity: £222k
- Creditors include £357,001 owed to parent charity Sir John Soane's Museum.
“The profit of £221,931 has been accrued as gift aid to Sir John Soane's Museum under the Deed of Covenant in place for the Group.”
Leadership, per the charity’s website
- Deborah Loeb Brice — Director
- Helen Dorey — Deputy Director
- Rebecca Hossain — Director of Commercial and Operations
- Alice Painting — Director of Development
- Louise Peckett — Finance Director
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alderman Timothy Russell Hailes
- Alison Ross Green
- Amicia Kathryn de Moubray
- Amin Taha
- Andrew Hamish Forsyth
- Anne Desmet RA
- Dr Frank Edwin Salmon
- John Frederick Clappier
- Letizia Treves
- Lord James Sassoon
- Lucie Annabel Kitchener
- Professor Jonathan Felix Ashmore FRS
- Professor Kerensa Jennings
- Zoe Nicole Whitley Richmond
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.2m | £4.0m |
| 31/03/2024 | £4.0m | £3.6m |
| 31/03/2023 | £3.9m | £3.5m |
| 31/03/2022 | £3.2m | £2.8m |
| 31/03/2021 | £2.7m | £2.7m |
Common questions
Is SIR JOHN SOANE'S MUSEUM financially healthy?
Per its FY2025 accounts: The accounts state that the Museum's unrestricted free reserves stood at £1,184,827, which is in excess of the Trustees' stated prudent target of £718,000. The Museum reports that its finances are in good order, supported by a Grant-in-Aid from DCMS and record commercial income, although it notes that long-term financial sustainability remains challenging due to constraints on its physical footprint. Its FY2025 accounts were audited by Comptroller and Auditor General.
What does the highest-paid employee of SIR JOHN SOANE'S MUSEUM earn?
Per its FY2025 accounts, the highest-paid employee was in the £90,000-£95,000 band.
Who funds SIR JOHN SOANE'S MUSEUM?
Funders whose own accounts filings name SIR JOHN SOANE'S MUSEUM as a grant recipient include THE STEVENSON FAMILY'S CHARITABLE TRUST, THE BAND TRUST, SIR JOHN SOANE'S MUSEUM TRUST, THE FIDELITY UK FOUNDATION, H M SASSOON CHARITABLE TRUST.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 13/06/2012 | £2.0m | "Foundation Stone: Building a Catalyst Endowment at Sir John Soane's Museum" |
| City Bridge Foundation | 09/09/2010 | £100k | Grant to Sir John Soane's Museum |
| The National Lottery Heritage Fund | 23/06/2010 | £9k | "Soane's Architectural Marathon of London" |
| The National Lottery Heritage Fund | 01/12/2008 | £1.0m | "Soane Masterplan Core Project: Opening up the Soane" |
| The National Lottery Heritage Fund | 14/08/2007 | £29k | "The Soane Masterplan Preparation Project" |
| The National Lottery Heritage Fund | 01/11/2004 | £50k | "Architectural Drawings Learning Resource Project" |
| The National Lottery Heritage Fund | 19/09/2003 | £30k | "William West and The Toy Theatre Tour" |
| The National Lottery Heritage Fund | 29/11/2001 | £580k | "The Three Courtyards Project" |
| The National Lottery Heritage Fund | 31/01/2001 | £2.5m | "Peckham Rye Park Restoration" |
| The National Lottery Heritage Fund | 24/09/1996 | £13k | "Three Courtyards Project" |
| The National Lottery Heritage Fund | 23/07/1996 | £554k | "Sir John Soane's Museum, London" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL ARTILLERY INSTITUTION LIMITED | 1 | £1.3m |
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £822k |
| THE JULIA RAUSING TRUST | 1 | £761k |
| THE MASTER CHARITABLE TRUST | 1 | £733k |
| LLOYD'S REGISTER FOUNDATION | 1 | £312k |
| THE HEADLEY TRUST | 1 | £50k |
| JOHN ELLERMAN FOUNDATION | 1 | £25k |
| THE HOBSON CHARITY LIMITED | 1 | £12k |
Charities like this
- SIR JOHN SOANE'S MUSEUM TRUST
- ROYAL ARTILLERY MUSEUM
- THE MUSEUMS ASSOCIATION
- THE BRITISH MUSEUM FRIENDS
- SHERBORNE HOUSE TRUST 2018
- THE SOCIETY OF ARCHITECTURAL HISTORIANS OF GREAT BRITAIN
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SIR JOHN SOANE'S MUSEUM | £4.2m | £90,000-£95,000 | — | unclear | — | no doubt |
| SIR JOHN SOANE'S MUSEUM TRUST | £226k | — | 0 | unclear | — | no doubt |
| ROYAL ARTILLERY MUSEUM | £825k | — | 0 | above | — | no doubt |
| THE MUSEUMS ASSOCIATION | £2.2m | — | — | above | — | no doubt |
| THE BRITISH MUSEUM FRIENDS | £6.9m | — | 0 | unclear | — | no doubt |
| SHERBORNE HOUSE TRUST 2018 | £5.6m | £70,001 - £80,000 | 1 | unclear | — | no doubt |