THE SERPENTINE TRUST
Activities
As described by the charity on the register
The Serpentine Trust's vision is to open up art, for everyone, for free. It is responsible for running the Serpentine South and North galleries, and its mission is to exhibit, commission and promote the understanding of art, architecture and design through varied Exhibition, Education and Public Programmes.
Latest income
£14.8m
Expenditure
£15.6m
Financial year end
2025-03-31
Income & spending history
As reported to the Charity Commission, by financial year end
| Year end | Income | Expenditure | |
|---|---|---|---|
| 2021-03-31 | £6.0m | £6.8m | |
| 2022-03-31 | £10.4m | £11.5m | |
| 2023-03-31 | £12.0m | £13.5m | |
| 2024-03-31 | £13.6m | £14.6m | |
| 2025-03-31 | £14.8m | £15.6m |
Latest detailed return
Year end 2025-03-31 · consolidated (group) figures
Income mix
| Donations & legacies | £6.6m |
| Charitable activities | £6.3m |
| Trading | £1.8m |
| Investment income | £57k |
| Total income | £14.8m |
Spending
| Charitable spend | £12.1m |
| Raising funds | £3.4m |
| Grants to institutions | £0 |
| Governance | £69k |
| Total expenditure | £15.6m |
Balance sheet
| Reserves | £2.6m |
| Total funds | £10.4m |
| — restricted | £341k |
| — unrestricted | £4.0m |
| — endowment | £6.1m |
| Total assets | £10.4m |
| Cash | £1.6m |
People
| Employees | 101 |
Classification
The charity's own register classification
What it does
- Education/training
- Arts/culture/heritage/science
Who it helps
- Children/young People
- Elderly/old People
- People With Disabilities
- People Of A Particular Ethnic Or Racial Origin
- The General Public/mankind
How it works
- Provides Services
- Provides Advocacy/advice/information
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.