Activities

As described by the charity on the register

PRS Foundation is the UK's leading charitable funder of new music and talent development. Since 2000 it has given more than £50 million to over 9,000 new music initiatives by awarding grants and leading partnership programmes. PRS Foundation supports an exceptional range of new music activity, from showcases and commissions to a network of talent development partners www.prsfoundation.com

Latest income

£5.1m

Expenditure

£4.8m

Financial year end

2024-12-31

Income & spending history

As reported to the Charity Commission, by financial year end

Year end Income Expenditure income spend
2020-12-31 £3.9m £3.9m
2021-12-31 £4.2m £4.1m
2022-12-31 £4.0m £4.2m
2023-12-31 £4.2m £4.2m
2024-12-31 £5.1m £4.8m

Latest detailed return

Year end 2024-12-31

Income mix

Donations & legacies £4.7m
Charitable activities £274k
Trading £18k
Investment income £28k
Total income £5.1m

Spending

Charitable spend £4.7m
Raising funds £106k
Grants to institutions £1.9m
Governance £22k
Total expenditure £4.8m

Balance sheet

Reserves £150k
Total funds £1.0m
— restricted £323k
— unrestricted £422k
— endowment £265k
Total assets £1.0m
Cash £2.9m

People

Employees 14

Classification

The charity's own register classification

What it does

  • Arts/culture/heritage/science

Who it helps

  • Other Charities Or Voluntary Bodies
  • The General Public/mankind

How it works

  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Advocacy/advice/information
  • Other Charitable Activities

Source: Charity Commission for England and Wales register, 2026-07-28. Detailed figures as filed in the charity's annual return. Contains public sector information licensed under the Open Government Licence v3.0.