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  • 2nd August 2016Charity published on Tuesday, 2nd August, 2016
  • 2015Based on accounts from 2015
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    The Tait Memorial Trust

    Charity Number : 1042797
    Overall Rating

    The Tait Memorial Trust’s objectives are to encourage and promote for the public benefit the art or science of music the performing arts and fine arts and to educate the public in the UK therein by all charitable means namely:-

    (a) promoting public lectures concerts and recitals;

    (b) promoting such charitable purposes connected with the advancement of the education and training of talented young students;

    (c) upholding and advancing for the public benefit the standards of education training and competence of such students;

    (d) endowing and awarding scholarships exhibitions bursaries prizes and other awards to enable such talented young persons to study;

    (e) providing financial assistance for the purchase of musical instruments accessories and other equipment for such persons as aforesaid in need thereof;

    (f) providing for such persons as aforesaid who are in need thereof with recording facilities in order that they may be trained in the artistic and technical use of such facilities;  and

    (g) providing ongoing financial assistance to talented young students in need of such assistance on the termination of their studies to help establish them in their careers;  provided always that all such awards payments and other provision of financial assistance as are mentioned in (d) (e) (f) and (g) shall only be made where the trustees in their absolute discretion determine that there is a special need to provide such assistance.

    Financial Health 3.20

    • Late in submitting accounts: 3
    • Working Capital: 0
    • Expense Growth: 3
    • Total net expenditure/Total Income: 5
    • Employees over 3 year average income: 5

    Accountability & Transparency 2.69

    • Clarity over Trusteeship process: 2.14
    • Number of trustees: 5
    • Female Representation: 5
    • Number of Additional Boards the Trustees serve: 0
    • Social Impact Reporting: 3.63
    • Public Relations: 3.57
    • Revenues from Trading Activities: 0

    Accessibility 3.94

    • Contact Details Available: 4.5
    • Clear and Accessible Information: 4
    • Recently Updated: 4
    • Social Media Presence: 4
    • Google Rank: 0
    • Vision and strategy: 4.75
    Average for all charities Value for this charity

    Overall Rating

    2.92
    3.09
    0.00 minimum rating 5.00 maximum rating

    Financial Health

    3.54
    3.20
    0.00 minimum rating 5.00 maximum rating

    Submitting Accounts Late

    13
    11
    610 days average late in last 5 years 0

    Total Income

    £ 10,936,508
    £ 117,338
    £ 0: average over last three years £ 1,503,300,000

    Routinely in the Red

    £ 407,485
    £ 18,928
    £ 151,517,000: average over last three years £

    Net Expenditure/Income

    16 %
    0 %
    0 %: average over last three years 267 %

    Size of Assets

    £ 1,923,466
    £ 0
    £ : average over last three years £ 544,896,274

    Employee Efficiency

    2
    0
    473: efficiency (low figure is better) 0 efficiency

    Accountability and Transparency

    2.77
    2.69
    0.00 minimum rating 5.00 maximum rating

    Most Trustees

    6
    5
    0 trustees 0 trustees

    Trustee Process

    7
    12
    0 18

    Female Representation

    32 %
    80 %
    0 %: of trustees and management that are female 400 %

    Trading Revenue

    7 %
    0 %
    0 %% revenue from trading activities. 112 %%

    Accessibility

    2.78
    3.94
    0.00 minimum rating 5.00 maximum rating

    Websites

    7378
    0
    0 out of 10 for Google Page Rank 10

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