The V&a Foundation

The objects of the Foundation, as set out in its Memorandum and Articles are for the benefit of the public, to further, in so manner as the Trustees see fit, all or any of the objects from time to time of the Victoria and Albert Museum (V&A).

Email Charity

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 And Wales

Financial Information

Latest Income

£251,270

Latest Expenditure

£1,307,600

Financial Efficiency

Program Ratio 4.1%

% of income going directly to charitable activities

Higher than 7% of UK Heritage charities with income £100K to £1M (sample: 392). How is this calculated?

Overall Efficiency 82.6%

% of expenditure going to programs (vs overhead)

Higher than 23% of UK Heritage charities with income £100K to £1M. How is this calculated?

Administrative Ratio 19.0%

Overhead (fundraising + governance) as % of total expenditure

Lower overhead than 17% of UK Heritage 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 £20,009,874

Charitable Activities £0

Other Trading £0

Investments £193,267

Other Income £0

Expenditure Categories

Charitable Expenditure £836,243

Raising Funds £175,565

Governance £17,164

Grants to Institutions £819,079

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 2025.

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.

The Commission record shows this related event on the register:

Asset transfer in in 2025 — The Type Museum Trust (organisation 1009198)

Financial Year	Income	Expenditure	Charitable Spending	Net Assets	Reserves	Staff
2025	£251,270	£1,307,600				0 / 0
2024	£92,686	£826,674				0 / 0
2023	£20,203,141	£1,011,808	£836,243	£51,277,301	£6,722,227	0 / 0
2022	£1,129,819	£902,554	£667,631	£33,045,458	£7,124,435	0 / 0
2021	£136,734	£458,955				0 / 0

Staff column shows: Employees / Volunteers

Frequently asked questions about The V&a Foundation

What does The V&a Foundation do?

How much income did The V&a Foundation report in 2025?

The V&a Foundation reported total income of £251k and reported expenditure of £1.31m for the financial year ending 2025, based on the most recent annual return filed with the Charity Commission.

How efficient is The V&a Foundation?

The V&a Foundation has a program ratio of 4.1%, meaning that share of its income goes directly to charitable activities. This is higher than 7% of UK Heritage charities with income £100K to £1M (sample of 392 charities). See our methodology for how this is calculated.

When was The V&a Foundation registered as a charity?

The V&a Foundation was registered with the Charity Commission for England and Wales on 2 November 2011 as charity number 1144508. It has been registered for 15 years.

Who runs The V&a Foundation?

The V&a Foundation is governed by a board of 9 trustees. Trustees are legally responsible for the charity's governance and are listed in full on its profile.

Where does The V&a Foundation operate?

The V&a Foundation operates in England And Wales, as recorded in its Charity Commission filing.

Is The V&a Foundation a registered charity?

Yes — The V&a Foundation is a registered charity in England and Wales, charity number 1144508.