National Museums and Galleries of Northern Ireland
Latest income
£25.5m
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net expenditure of £2.1m for the year ended 31 March 2025, with total income of £25.5m and net assets of £104.4m. The organization retains significant reliance on Grant in Aid, which provided 75% of total income, and notes exposure to some liquidity risk due to the seasonal nature of self-generated income.
What the accounts disclose
Highest-paid employee band: £115,001 - £120,000
“The banded remuneration of the highest-paid director in National Museums NI in the financial year 2024/25 was £115,001 - £120,000” — page 46
Per FY2025 accounts as filed with CCNI.
Payments to trustees: Honorarium paid to Chairman
“No emoluments were paid to members of the Board for the year ended 31 March 2025 except for an honorarium to the Chairman (appointed 1 October 2023) amounting to £10,500 (2023/24: £2,500).” — page 47
Per FY2025 accounts as filed with CCNI.
Largest income source: Grant-in-aid (71% of income)
“In 2024/25, the Department for Communities provided 75% of the total income through allocated recurrent and capital grants” — page 32
Per FY2025 accounts as filed with CCNI.
Trading subsidiary: National Museums Northern Ireland Enterprises Limited
“A subsidiary company, National Museums Northern Ireland Enterprises Limited, was incorporated in 2008 for the purposes of carrying on non-primary purpose trading activity ancillary to the core objectives and activities of the parent charity. The company is currently non-trading.” — page 5
Per FY2025 accounts as filed with CCNI.
Independent examiner: Northern Ireland Audit Office
Per FY2025 accounts as filed with CCNI.