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Annual Report and Financial Statements 2024

The Royal Institute of British Architects (RIBA) is a global professional membership body and registered charity, founded in 1834, advancing architecture through professional qualification, education, awards, advocacy, and cultural programmes. In 2024, RIBA distributed a record £320,000 in student and researcher funding, welcomed over 7,500 participants across its learning programmes, awarded the Stirling Prize and 26 National Awards, and launched its £100 million House of Architecture initiative to reinvent its cultural offer ahead of its 2034 bicentenary.

Report snapshot
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About

£100 million House of Architecture initiative launched to create a world-class cultural destination

Key Metrics

Key Metric 1 Over 7,500 participants across RIBA learning programmes in 2024, a 15% increase on 2023
Key Metric 2 Record £320,000 distributed to students and researchers through 11 funding schemes in 2024
Key Metric 3 26 buildings won RIBA National Awards in 2024; Stirling Prize awarded for architectural excellence

Key Outcomes

  • 580,000+ social media followers across RIBA's core channels
  • 30725000
  • 32934000

Geography

International

Impact Snapshot
Key Metric 1
Total income £138,600,000 and total expenditure £108,350,000 (year ended 31 March 2025, charity no. 1068852); 5 million people welcomed through palace gates; £138.6m income...
Key Metric 2
Over 160,000 members making 300,000+ visits generating £5.8m membership income plus £814k Gift Aid; 217,400 £1 Universal Credit tickets sold; 304,000 visitors to Untold...
Key Metric 3
89% of visitors gained a better understanding of stories (discovery); 83% felt happier after their visit (joy); 76% were inspired to learn more; 28,365...
83% of visitors felt happier after their visit; 89% gained better understanding of palace stories; 94% charitable activities allocation of total expenditure; Tomorrow's Tower campaign secured £1.9m including £1m from Sandys Trust and National Lottery Heritage Fund development grant
Impact Snapshot
Key Metric 1
3,943 young people reached across 279 learning sessions in 16 programmes; 46 public performances reaching 8,517 audience members
Key Metric 2
100+ Emerging Professionals supported with 159 paid performance opportunities; 32% from regions beyond London; 32% from African, Asian, Caribbean or Mixed Heritage backgrounds
Key Metric 3
46% of Under-18 participants receive bursaries; 46% benefit from free access (Pupil Premium, free school meals or low-income families)
Largest single concert audience of 1,500 for British Standard Time at Berlin's Konzerthaus; NYJO Under 18s alumni have gone on to Birmingham Conservatoire, Leeds Conservatoire and Cambridge University
Impact Snapshot
Key Metric 1
Engaged 11,903 participants across projects between April 2025 and March 2026
Key Metric 2
Worked with 76 schools (2 nurseries, 54 primary, 13 secondary, 7 specialist and 3 further education) across 14 London boroughs
Key Metric 3
135 students completed an Arts Award; 211 teachers took part in 17 CPD sessions
97% of teachers reported the CPD session would have some or significant impact on their teaching practice