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The Serpentine Trust

Charity rating & review

72/100 Clarity Score · 3 stars · Charity Commission filings · How we score

Verified · Charity Commission data
72 /100

Clarity score

Needs improvement

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Quick answer

Is The Serpentine Trust a good charity?

The Serpentine Trust scores 72/100 (3 stars, Needs improvement) on CharityCompare's Clarity Score, calculated from its UK regulator filings. Its latest accounts year is 2025 (£15m total income, 78% of spending on charitable activities). This reflects financial transparency and stewardship on paper — not the real-world impact of its programmes. See the full breakdown.

London · UK-wide · W2 3XA Reg 298809 Registered charity Official website Charity Commission register

What does The Serpentine Trust do?

The Serpentine Trust is a registered charity (no. 298809) working in arts & culture across the United Kingdom. Its latest Charity Commission filing directs 78% of spending to charitable activities, holding roughly 2 months of reserves, and files its annual accounts on time. Reported income has been growing (≈25% a year). CharityCompare's Clarity Score rates the organisation only from public Charity Commission accounts — accountability, financial health, efficiency and community support — not the quality or impact of its programmes.

Summarised from public filings — The Serpentine Trust hasn't added its own description yet. Work here? Add it free →

In short: THE SERPENTINE TRUST scores 72 out of 100 (3 stars). 78% average program spend (3-year average). Review the pillar breakdown below.

What is The Serpentine Trust?

The Serpentine Trust has a Clarity Score of 72 out of 100 on CharityCompare (3 stars, Needs improvement). Charity Commission registration number 298809. Status: Registered. Primary cause area: Arts & culture. Latest accounts year 2025: total income £15m, with 78% of expenditure on charitable activities. Accounts filing: up to date. Reserves: approximately 2 months of operating costs. No major red flags from our filing review. Scores are independent and based on official filings — not a donation recommendation.

Data from Charity Commission register, last updated .

Overall score

72/100

3★ · Needs improvement

Cause spend

78%

3-yr avg · charitable activities

Accountability

93/100

Finance beacon

Income

£15m

Latest year 2025

Reserves

2 mo

Months of running costs

Accounts filing

On time

Charity Commission

£4.3 raised per £1 fundraising (3-yr avg) · 22% overhead · Website on register · Confidence: high

How does THE SERPENTINE TRUST compare?

Clarity Score percentile against similar UK charities — the share of peers THE SERPENTINE TRUST scores higher than.

Income band (£10m+)31stpercentile

Scores higher than 31% of 943 charities in its income band · 72/100 vs 77 peer average (marker).

Arts & culture charities39thpercentile

Scores higher than 39% of 624 charities in this cause · 72/100 vs 76 peer average (marker).

How reliable is The Serpentine Trust's data?

Source
Charity Commission (England & Wales)
Accounts year
2025
Filing date
Profile reviewed

High confidence — complete filing data

Scores reflect the latest annual accounts on the register. Clarity Score measures how clearly the charity accounts for money in those filings — not programme impact.

Contains public sector information licensed under the Open Government Licence v3.0. Sources: Charity Commission for England and Wales, Office of the Scottish Charity Regulator and Charity Commission for Northern Ireland. Open Government Licence v3.0 .

What is The Serpentine Trust's Beacon report?

Detailed accountability and finance metrics from UK regulator filings — structured for transparency in our four-beacon report.

Accountability & Transparency

Baseline trust from filing discipline, board oversight, and declared governance policies.

93/100

Accountability & Transparency metrics for THE SERPENTINE TRUST
Metric Score Value
Filing history (5 years)

100% on-time over five years = 15 pts · one late filing = 5 pts · two or more = 0 pts.

100% 15/15 pts
Trustee oversight

Three or more trustees on the register = 15 pts, scaled down for fewer (governance red flag below three).

100% 15 trustees · 15/15 pts
Declared policies

Safeguarding (4) · conflict of interest (3) · volunteer management (3) — from Charity Commission annual return.

70% 7/10 pts

Financial Health

Stability and solvency — reserves, revenue trend, and debt from Charity Commission accounts.

77/100

Financial Health metrics for THE SERPENTINE TRUST
Metric Score Value
Reserves (months of cash)

3–24 months = full marks, tapering on both sides · 0 months or 4+ years (hoarding) = 0 pts.

67% 2 months · 10/15 pts
Income stability / growth

+20% or more over the window = 10 pts · flat = 5 pts · −20% or worse = 0 pts, scaled between.

100% 10/10 pts · 3-year average
Liabilities to assets

0% liabilities-to-assets = 5 pts, scaling down to 0 pts at 60%+ debt.

60% 20% · 3/5 pts

Financial Efficiency

How efficiently funds reach the cause — program spend and fundraising cost ratios.

60/100

Financial Efficiency metrics for THE SERPENTINE TRUST
Metric Score Value
Program expense ratio

90%+ on charitable activities = full marks, scaling down to 0 pts at 50% or below.

70% 78% · 7/10 pts (3-year average)
Fundraising efficiency

≤10p to raise £1 = full marks, scaling down to 0 pts at 40p or above (fundraising cost ÷ income).

50% 24p per £1 income · 5/10 pts (3-year average)

Community Support

Grassroots backing from Charity Commission workforce data — volunteers vs paid staff.

0/100

Community Support metrics for THE SERPENTINE TRUST
Metric Score Value
Volunteer-to-staff ratio

Volunteers at 2x staff or more = full marks · no volunteers = 0 pts, scaled between.

0% Not reported · 0/10 pts

How we calculate beacon scores →

What is The Serpentine Trust's Clarity Score?

72/100 total · Needs improvement · 3 of 5 stars

Four pillars (40 + 30 + 20 + 10 points) from Charity Commission filings — see methodology for full weightings.

93/100
Accountability & Transparency
77/100
Financial Health
60/100
Financial Efficiency
0/100
Community Support

Accountability & Transparency

Baseline trust from filing discipline, board oversight, and declared governance policies.

93/100

Filing history (5 years)15/15 pts
Trustee oversight15 trustees · 15/15 pts
Declared policies7/10 pts

Financial Health

Stability and solvency — reserves, revenue trend, and debt from Charity Commission accounts.

77/100

Reserves (months of cash)2 months · 10/15 pts
Income stability / growth10/10 pts · 3-year average
Liabilities to assets20% · 3/5 pts

Financial Efficiency

How efficiently funds reach the cause — program spend and fundraising cost ratios.

60/100

Program expense ratio78% · 7/10 pts (3-year average)
Fundraising efficiency24p per £1 income · 5/10 pts (3-year average)

Community Support

Grassroots backing from Charity Commission workforce data — volunteers vs paid staff.

0/100

Volunteer-to-staff ratioNot reported · 0/10 pts

How much does The Serpentine Trust raise and spend?

Latest filed year 2025 · Source: Charity Commission filings

THE SERPENTINE TRUST revenue and expenses for 2025
Category Amount % of spend
Total income £15m
Total expenditure £16m
Charitable activities £12m 78%
Fundraising £3.4m 22%
Governance & admin £69k 0%
78%On charitable activities

Where does the money go?

Latest accounts (2025) · £16m spent

  • Charitable activities78%
  • Fundraising22%
  • Governance0%

What trust indicators does The Serpentine Trust have?

Pulled from the Charity Commission register — filing behaviour, board size, and workforce where reported.

  • Accounts filed on time

    up to date · last filing

  • Trustee board size (3–12)

    15 trustees on the Charity Commission register

Fundraising Regulator

Status not yet checked

Separate from our financial scores — shows whether the charity follows the Code of Fundraising Practice.

Check Fundraising Regulator →

Official register

Reg 298809

Full trustee list, accounts, and regulatory history on the Charity Commission.

View on Charity Commission →

Trustees & officers

  • MARCUS JARLATH BOYLE
  • THE HONORABLE MRS FELICITY WALEY-COHEN
  • BARRY TOWNSLEY CBE since 2012
  • THE HON MICHAEL R BLOOMBERG Chair · since 2014
  • JONATHAN PAUL WOOD since 2015
  • Lynette Yiadom-Boakye since 2016
  • Ruth Mackenzie since 2017
  • Maja Hoffman since 2018
  • Robert Rosenkranz since 2019
  • Nicoletta Fiorucci since 2019
  • Lady Elena Foster of Thames Bank since 2022
  • Megha Mittal since 2024
How we score charities +

The Clarity Score is a 100-point rating from UK regulator filings (Charity Commission for England and Wales, OSCR and CCNI). Four pillars — Accountability & Transparency (40), Financial Health (30), Financial Efficiency (20), and Community Support (10) — each scored on a continuous scale, not pass/fail cutoffs. A statutory inquiry sets the score to 0 automatically.

Full methodology →

Accountability & Transparency

Scored from filings

40 points — filing history (15), trustee oversight (15, scaling up to a board of three or more), declared policies (10).

Financial Health

Scored from filings

30 points — reserves (15, full marks 3–24 months, tapering on both sides), income stability (10), liabilities to assets (5, scaling down as debt rises).

Financial Efficiency

Scored from filings

20 points — program expense ratio and fundraising cost, each on a graduated scale (not a single cutoff). Kept at 20% of the total: financial-ratio scoring alone is not a reliable effectiveness signal (see "why not just an overhead ratio?" below).

Community Support

Scored from filings

10 points — volunteer-to-staff ratio from Charity Commission workforce data, scaling continuously up to a 2:1 ratio.

Overall score

Sum of all pillar points. Display stars use the same bands as the labels: 90–100 → 5★ Exceptional; 75–89 → 4★ Good; 60–74 → 3★ Needs improvement; 1–59 → 2★ Poor; 0 → not rated.

How have The Serpentine Trust's finances changed over five years?

£0k £3900k £7800k £11700k £15600k 2021 2022 2023 2024 2025 Income 2021: £5,950k Spending 2021: £6,761k Cause spend 2021: £4,834k Income 2022: £10,428k Spending 2022: £11,452k Cause spend 2022: £8,459k Income 2023: £11,951k Spending 2023: £13,549k Cause spend 2023: £10,548k Income 2024: £13,584k Spending 2024: £14,565k Cause spend 2024: £11,527k Income 2025: £14,757k Spending 2025: £15,554k Cause spend 2025: £12,125k
  • Income
  • Spending
  • Cause spend

Values in £ thousands · Cause spend plotted only when the filing discloses a split · Source: Charity Commission accounts

What are the key facts about The Serpentine Trust?

Overall score
72/100 (3★)
Income
£15m
Cause spend
78% of expenditure
Reg number
298809
Scope
UK-wide
Reserves
2 months
Trustees
15
Accounts year
2025
Filing
up to date

Where THE SERPENTINE TRUST sits

The causes this charity is classified under, and other charities working nearby.

Similar arts & culture charities

Top-rated peers by CharityCompare score

How can you share The Serpentine Trust's rating?

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Frequently asked questions

Common questions about The Serpentine Trust's rating, finances, and Charity Commission status.

Is The Serpentine Trust a good charity? +

The Serpentine Trust scores 72 out of 100 (3 stars — Needs improvement) on CharityCompare's Clarity Score, our independent read of its UK regulator filings. Around 78% of its spending goes to charitable activities and its accounts are up to date. That reflects how transparent and financially healthy it looks on paper — it does not measure the real-world impact of its work, so treat it as one factor alongside the cause you care about. CharityCompare never tells you where to donate.

Is The Serpentine Trust a legitimate charity? +

Yes — The Serpentine Trust is a legitimate registered charity (charity number 298809). Verify it on the official register: https://register-of-charities.charitycommission.gov.uk/en/charity-search/-/charity-details/298809. Registration proves status; Clarity Score then summarises filing transparency on paper, not programme impact.

What is The Serpentine Trust's charity number? +

The Serpentine Trust's charity number is 298809. Check that number on the official register (Charity Commission, OSCR or CCNI) or this CharityCompare profile before you donate — scammers sometimes reuse real numbers on fake appeals.

What is The Serpentine Trust's charity rating? +

The Serpentine Trust scores 72 out of 100 on CharityCompare (3 stars — Needs improvement). The Clarity Score V1 sums four pillars from UK regulator filings: Accountability & Transparency (40 pts), Financial Health (30), Financial Efficiency (20), and Community Support (10). Stars use the same bands as those labels — 90+ is 5★ Exceptional. It is not an impact ranking.

Does The Serpentine Trust have reviews and complaints? +

CharityCompare does not host public user reviews for The Serpentine Trust. Instead you get a filing-based Clarity Score, cause spend, reserves and red flags such as late accounts. For formal complaints about a charity, contact the Charity Commission, OSCR, CCNI or the Fundraising Regulator as appropriate.

How much of my donation reaches The Serpentine Trust? +

According to its 2025 regulator filing, 78% of The Serpentine Trust's total spending went to charitable activities (3-yr avg across disclosed years). That is the closest official figure to "how much of your donation reaches the cause" — it is an average across all spending in the filing, not a pound-by-pound breakdown of an individual gift.

What are The Serpentine Trust's overheads? +

According to its 2025 regulator filing, fundraising costs were about 22% of total expenditure and combined overheads (fundraising plus governance) were about 22% of total expenditure at The Serpentine Trust. The filings CharityCompare uses do not publish CEO or senior-staff pay, so we cannot say what The Serpentine Trust's chief executive is paid — where disclosure rules apply, senior pay appears in the trustees' annual report on the Charity Commission register.

How much income does The Serpentine Trust receive? +

The Serpentine Trust reported £15m total income in its 2025 accounts, based on UK regulator filings. Five-year trend: growing.

Are The Serpentine Trust's accounts up to date? +

Filing status: up to date (last filing 2026-06-24). CharityCompare flags late or missing accounts separately from the financial score.

Where is The Serpentine Trust based? +

The Serpentine Trust is listed at London · UK-wide · W2 3XA and operates UK-wide, focused on arts & culture.

How does CharityCompare score The Serpentine Trust? +

We calculate a Clarity Score of 0–100 from four pillars in The Serpentine Trust's regulator filings: Accountability & Transparency (40 points — filing history, trustees, policies), Financial Health (30 — reserves, income trend, debt), Financial Efficiency (20 — cause spend and fundraising cost, on a graduated scale) and Community Support (10 — volunteer-to-staff ratio). An open statutory inquiry scores 0. The score measures reporting on paper, not programme impact. CharityCompare is free for donors, takes no commission on donations, and scores cannot be bought.

How often is this page updated? +

This profile was last updated on 17 July 2026 from the latest UK regulator data available to CharityCompare, and The Serpentine Trust's most recent accounts cover 2025. Scores and figures refresh whenever we re-ingest the register, so the page reflects our latest data pull rather than a one-off review.