The Stables has an annual turnover of around £2 million of which around 85% is earned income. The remainder, is raised each year from statutory bodies, charitable foundations, individuals and companies.
People often express surprise that a music venue can be, or indeed needs to be, a registered charity, but most performing arts organisations with a similar seating capacity are either local authority owned and subsidised, or are charitable trusts.
The Stables has charitable aims and objectives, with music education being at the heart of its raison d'être. However, it is independent of local authority ownership and currently receives no local authority revenue funding for its theatre operations. The Stables does receive funding from Arts Council England, but the significant fundraising target calls for the continuous efforts of the Board, staff and volunteers.
For more information about the fundraising initiatives at The Stables click here.
To see Wavendon Allmusic Plan Annual Reports in PDF formats, please find the relevant years below