British Record Industry Trust

Also known as: Brit Trust

Founded by the recorded music industry in 1989, The BRIT Trust works to promote diversity and inclusion in the UK by empowering people of all backgrounds through music and the creative arts. The BRIT Trust makes donations to support education and wellbeing activities that inspire people to realise their full potential and life chances, whatever their abilities, ethnicity, gender and sexuality.

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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.

Country

Northern Ireland Scotland

Region

England

Financial Information

Latest Income

£1,537,466

Latest Expenditure

£1,312,540

Financial Efficiency

Program Ratio 81.4%

% of income going directly to charitable activities

Higher than 32% of UK Arts charities with income £1M to £10M (sample: 780). How is this calculated?

Overall Efficiency 95.3%

% of expenditure going to programs (vs overhead)

Higher than 50% of UK Arts charities with income £1M to £10M. How is this calculated?

Administrative Ratio 6.0%

Overhead (fundraising + governance) as % of total expenditure

Lower overhead than 46% of UK Arts charities with income £1M to £10M. (Lower overhead is generally read as more efficient.) How is this calculated?

Latest Financial Breakdown

Income Sources

Donations & Legacies £1,140,579

Charitable Activities £0

Other Trading £0

Investments £396,887

Other Income £0

Expenditure Categories

Charitable Expenditure £1,251,489

Raising Funds £61,051

Governance £17,460

Grants to Institutions £1,228,509

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 2024.

One or more years show a significant change in income (over ±100%) compared with the prior year. This usually reflects a merger, transfer of activities, restated accounts, or a one-off legacy — not necessarily a real change in operating scale. See the methodology for context.

Financial Year	Income	Expenditure	Charitable Spending	Net Assets	Reserves	Staff
2024	£1,537,466	£1,312,540	£1,251,489	£14,466,480	£14,466,480	0 / 0
2023	£1,819,594	£1,037,602	£982,913	£12,987,665	£1,040,077	0 / 0
2022	£1,118,074	£1,150,993	£1,093,799	£11,288,823	£206,100	0 / 0
2021	£414,201	£1,144,109				0 / 0
2020	£1,686,694	£1,176,570	£1,124,634	£12,615,538	£12,615,538	0 / 10

Staff column shows: Employees / Volunteers

Frequently asked questions about British Record Industry Trust

What does British Record Industry Trust do?

How much income did British Record Industry Trust report in 2024?

British Record Industry Trust reported total income of £1.54m and reported expenditure of £1.31m for the financial year ending 2024, based on the most recent annual return filed with the Charity Commission.

How efficient is British Record Industry Trust?

British Record Industry Trust has a program ratio of 81.4%, meaning that share of its income goes directly to charitable activities. This is higher than 32% of UK Arts charities with income £1M to £10M (sample of 780 charities). See our methodology for how this is calculated.

When was British Record Industry Trust registered as a charity?

British Record Industry Trust was registered with the Charity Commission for England and Wales on 27 September 1990 as charity number 1000413. It has been registered for 36 years.

Who runs British Record Industry Trust?

British Record Industry Trust is governed by a board of 14 trustees. Trustees are legally responsible for the charity's governance and are listed in full on its profile.

Where does British Record Industry Trust operate?

British Record Industry Trust operates across 3 areas: Northern Ireland, Scotland and England.

Is British Record Industry Trust a registered charity?

Yes — British Record Industry Trust is a registered charity in England and Wales, charity number 1000413.