NMC RECORDINGS LTD
NMC believes that new music is a dynamic and engaging art. We seek to discover and share exceptional work that inspires and challenges. NMC:- produces high quality recordings of outstanding work by British composers- works with leading artists and ensembles- promotes these recordings to expand worldwide audiences for contemporary music- preserves this creativity for generations to come
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £70,141 for the year ended 31 March 2025, with total income of £413,227 against total expenditure of £343,086. Per the trustees' report, unrestricted reserves stood at £94,815, which comfortably meets the stated policy target of holding enough reserves to fund a minimum of three months of basic operational costs.
What the accounts disclose
“No employee received remuneration amounting to more than £60,000 in either year.” — page 21
Trustees
- Barbara Baska
- CHRISTOPHER POTTS
- Chris O'Reilly
- Emily Granozio
- JACKIE NEWBOULD
- Naomi Wellings
- Raj Arumugam
- TERENCE SINCLAIR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £413k | £343k |
| 31/03/2024 | £257k | £367k |
| 31/03/2023 | £322k | £329k |
| 31/03/2022 | £358k | £365k |
| 31/03/2021 | £362k | £273k |
Common questions
Is NMC RECORDINGS LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £70,141 for the year ended 31 March 2025, with total income of £413,227 against total expenditure of £343,086. Per the trustees' report, unrestricted reserves stood at £94,815, which comfortably meets the stated policy target of holding enough reserves to fund a minimum of three months of basic operational costs. Its FY2025 accounts were independently examined.
What does the highest-paid employee of NMC RECORDINGS LTD earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds NMC RECORDINGS LTD?
Funders whose own accounts filings name NMC RECORDINGS LTD as a grant recipient include THE FIDELITY UK FOUNDATION, VAUGHAN WILLIAMS FOUNDATION, GERALD FINZI TRUST, DR RADCLIFFE'S TRUST, THE MARCHUS TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE FIDELITY UK FOUNDATION | FY2025 | £75k | Arts, Culture and Heritage |
| VAUGHAN WILLIAMS FOUNDATION | FY2024 | £15k | Public Performance |
| GERALD FINZI TRUST | FY2023 | £10k | General Grants |
| VAUGHAN WILLIAMS FOUNDATION | FY2023 | £9k | Recordings |
| DR RADCLIFFE'S TRUST | FY2022 | £5k | Debut Discs |
| THE MARCHUS TRUST | FY2024 | £5k | |
| GERALD FINZI TRUST | FY2024 | £5k | |
| THE FENTON ARTS TRUST | FY2025 | £5k | |
| COLWINSTON CHARITABLE TRUST | FY2023 | £5k | Grant listed in Note 3 (2022 balance brought forward). |
| COLWINSTON CHARITABLE TRUST | FY2022 | £4k | Support their work in Wales, and with young Welsh composer Derri Joseph Lewis |
| DR RADCLIFFE'S TRUST | FY2025 | £3k | Debut Discs 2024/5: Mentoring & production costs for first solo albums of acclaimed next generation composers: Daniel Kidane & Hannah Kendall |
| THE AUSTIN AND HOPE PILKINGTON TRUST | FY2022 | £1k | Quarterly Grants for Institutions - Round One - The Arts Early Career Projects |
| THE GOLSONCOTT FOUNDATION | FY2024 | £750 | |
| GERALD FINZI TRUST | FY2022 | £500 | General Grants |
| THE ACCOMPLISHMENT TRUST | FY2025 | — |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SCOPS ARTS TRUST | 2 | £49k |
| THE BRITFORD BRIDGE TRUST | 2 | £30k |
| MARIA BJORNSON MEMORIAL FUND | 2 | £18k |
| The Patricia Routledge Foundation | 2 | £8k |
| THE JOHN THAW FOUNDATION | 2 | £6k |
| PAUL HAMLYN FOUNDATION | 1 | £300k |
| THE BUFFINI CHAO FOUNDATION | 1 | £271k |
| THE KARLSSON JATIVA CHARITABLE FOUNDATION | 1 | £265k |
Charities like this
- Contemporary Music for All
- NORTHAMPTONSHIRE MUSIC AND PERFORMING ARTS TRUST
- THE ORGANISATION FOR NEW MUSIC AND SOUND
- LONDON CONTEMPORARY MUSIC FESTIVAL
- UK Music Masters Ltd.
- BIRMINGHAM CONTEMPORARY MUSIC GROUP
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NMC RECORDINGS LTD | £413k | Under £60,000 | 0 | unclear | — | no doubt |
| Contemporary Music for All | £209k | — | 0 | unclear | — | no doubt |
| NORTHAMPTONSHIRE MUSIC AND PERFORMING ARTS TRUST | £5.6m | — | — | below | — | no doubt |
| THE ORGANISATION FOR NEW MUSIC AND SOUND | £922k | — | — | above | — | no doubt |
| LONDON CONTEMPORARY MUSIC FESTIVAL | £156k | — | 0 | unclear | — | no doubt |
| UK Music Masters Ltd. | £1.5m | £70,001 - £80,000 | 1 | within | — | no doubt |