LMM-AnnualReview-16-17-32pgs-final-for-proofEAedits
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fundraising and finance<br />
London Music Masters is an organisation on a powerful mission – with a long-term<br />
vision <strong>for</strong> change. We take great pride in having raised substantial support from<br />
individuals, trusts, foundations, and corporate partners. In 20<strong>16</strong>/<strong>17</strong>, voluntary<br />
donations made up over 80% of our income. The remainder comes from fees<br />
charged to schools <strong>for</strong> our services. The lack of funding <strong>for</strong> state schools is never<br />
far from the headlines and we work hard to ensure that costs are as low as possible<br />
whilst delivering a world-class experience <strong>for</strong> the students. Each of our partner<br />
schools invests significant resources into the music education of their students<br />
by partnering with us. This year alone the investment from voluntary donors and<br />
schools helped us provide tailored tuition and outstanding musical experiences to<br />
1,400 young instrumentalists who each receive their own instrument and 1.5 hours<br />
of tuition per week. We believe that the acquisition of musical skills is only the<br />
beginning of the impact that this investment will have.<br />
London Music Masters currently has a team of three fundraisers – all committed to<br />
maintaining the highest possible principles when fundraising. We are members of<br />
the Fundraising Regulator and are committed to abiding by current legislation and<br />
best practice.<br />
We are always looking <strong>for</strong> additional voluntary income and are actively seeking<br />
corporate partners to help implement our ambitious strategic plans. If you<br />
would like to find out more about supporting the work we do, please contact<br />
our Development Director Charlotte Hamilton on +44 (0) 20 7091 0767 or at<br />
chamilton@londonmusicmasters.org<br />
how we are funded<br />
This year we raised £830,000* this is how:<br />
26%<br />
5%<br />
40%<br />
individual donors<br />
trusts and foundations<br />
parents and schools<br />
corporate<br />
29%<br />
*This represents unaudited income <strong>for</strong> 20<strong>16</strong>/<strong>17</strong>. Audited accounts<br />
<strong>for</strong> previous years are available via the charity commission website<br />
www.gov.uk/government/organisations/charity-commission<br />
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