Bicmp

Our purpose is to establish a world-class music institute at university level called 'Resonance', specialising in contemporary music performance, education, composition, entrepreneurship and production. The Trust's objects are the advancement of education for the public benefit by promoting and supporting education, teaching and research.

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Activities & Mission

Areas of Operation

Where this charity is registered to operate, as self-declared to the Charity Commission. These are regulatory classifications, not a list of active programmes, and don't necessarily indicate fundraising activity in each location.

Region

England

Financial Information

Latest Income

£440,293

Latest Expenditure

£1,209,835

Financial Efficiency

Program Ratio 167.5%

% of income going directly to charitable activities

Higher than 98% of UK Arts charities with income £100K to £1M (sample: 962). How is this calculated?

Overall Efficiency 97.9%

% of expenditure going to programs (vs overhead)

Higher than 51% of UK Arts charities with income £100K to £1M. How is this calculated?

Administrative Ratio 2.4%

Overhead (fundraising + governance) as % of total expenditure

Lower overhead than 54% of UK Arts charities with income £100K to £1M. (Lower overhead is generally read as more efficient.) How is this calculated?

Latest Financial Breakdown

Income Sources

Donations & Legacies £371,127

Charitable Activities £231,250

Other Trading £0

Investments £41,593

Other Income £2,543

Expenditure Categories

Charitable Expenditure £1,082,833

Raising Funds £22,861

Governance £4,200

Grants to Institutions £0

Other Expenditure £0

Financial Trend

Annual Returns

As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2022.

Financial Year	Income	Expenditure	Charitable Spending	Net Assets	Reserves	Staff
2022	£440,293	£1,209,835				0 / 0
2021	£646,513	£1,105,694	£1,082,833	£5,909,077	£0	4 / 0
2020	£2,266,814	£401,742	£401,742	£6,368,257	£0	4 / 0
2019	£5,067,623	£217,417	£188,858	£4,569,756	£4,569,756	0 / 0

Staff column shows: Employees / Volunteers

Frequently asked questions about Bicmp

What does Bicmp do?

How much income did Bicmp report in 2022?

Bicmp reported total income of £440k and reported expenditure of £1.21m for the financial year ending 2022, based on the most recent annual return filed with the Charity Commission.

How efficient is Bicmp?

Bicmp has a program ratio of 167.5%, meaning that share of its income goes directly to charitable activities. This is higher than 98% of UK Arts charities with income £100K to £1M (sample of 962 charities). See our methodology for how this is calculated.

When was Bicmp registered as a charity?

Bicmp was registered with the Charity Commission for England and Wales on 8 January 2016 as charity number 1165094. It has been registered for 10 years.

Who runs Bicmp?

Bicmp is governed by a board of 3 trustees. Trustees are legally responsible for the charity's governance and are listed in full on its profile.

Where does Bicmp operate?

Bicmp operates in England, as recorded in its Charity Commission filing.

Is Bicmp a registered charity?

Yes — Bicmp is a registered charity in England and Wales, charity number 1165094.