Finance

The money is a key function in any music group – but it’s not uncommon for the person in charge to have little financial experience. Whether you’ve been thrown in at the deep end or know what you’re doing and just need a little help, our finance support will help you keep on top of the money and start to think about how you can increase revenue.

This section can help you with:

The day-to-day financial management of your group
Longer term strategic thinking about growth and sustainability
Funding and fundraising
Claiming Gift Aid and Orchestra Tax Relief
What to pay professionals musicians

Finance

Finance

Financial management

Not-for-profit organisations: Which bank account should we use?

Accounts template

Top tips for treasurers

Financial policy template

Increasing your income, part 5: Donations, fundraising events and sponsored challenges

Increasing your income, part 4: Friends Schemes

Online donation platforms

Increasing your income, part 1: Membership subscriptions

Gift aid and VAT

How to claim Gift Aid for your group

Gift Aid and membership subscriptions

Value Added Tax (VAT)

Orchestra Tax Relief

Orchestra Tax Relief (OTR), part 1: Is it for you?

Orchestra Tax Relief (OTR), part 2: Getting set up

Orchestra Tax Relief (OTR), part 3: keeping records, producing accounts and making a claim

OTR 3.2 - Template: Accrual accounting spreadsheet (including guidance notes)

Increasing the income stream: an OTR case study

OTR Toolkit: running a production company

OTR Toolkit: setting up a production company

OTR 3.1 - Accruals Basis of Accounting

Theatre Tax Relief

Christmas Concert

Start diversifying your repertoire with Open University

Manchester Carols and Festive favourits

Fundraising

Case study: running a crowdfunding campaign with William Byrd Singers

Cash for Culture - a fundraising guide for community groups

Orchestra Tax Relief (OTR), part 2: Getting set up

Case study: raising funds via easyfundraising with Malvern Festival Chorus

Increasing your income, part 5: Donations, fundraising events and sponsored challenges

Increasing your income: Overview

Find a Funding Opportunity

Committee members: Overview

Fees for musicians

Subsidies for engaging professional artists

Recommended rates for engaging professional musicians

What fees do groups pay for professional musicians? Survey summary tables

What fees do groups pay for professional musicians? Full survey results.