Institute of Registered Music Teachers of New Zealand — Education Charity in West Melton
Institute of Registered Music Teachers of New Zealand is a Trust charity in the Education sector, based in West Melton, West Melton. CharityData rates this charity F (30/100). Annual revenue: $0.3M NZD. 1 red flag detected. Financial data as at March 2025.
Mission: The Institute of Registered Music Teachers of New Zealand (IRMTNZ) is a professional organisation which supports registered music teachers by providing regular professional development opportunities and upholding standards of excellence in teaching music. The IRMTNZ was constituted under the Music Teachers Act 1981. Its purposes are defined in Section 4 of the Act: to promote the general advancement of music teaching, and the acquisition and dissemination of knowledge and skills connected with music teaching; to protect the interests of music teachers in New Zealand; to protect and promote the interests of the public in relation to music teaching; to hold conferences on music teaching and related subjects; to grant prizes, scholarships and financial or other assistance to any person or organisation that may further the aims of the Institute; to administer the Helen Macgregor Tizard Benevolent Fund, previously administered by the Music Teachers Registration Board of New Zealand
- Registration Number
- CC26898
- Charity Type
- Trust
- Registration Date
- 2008-06-30
- Status
- Active
- CharityData Rating
- F (30/100)
- Sector
- Education
- Location
- West Melton, West Melton
- Website
- http://www.learnmusicnz.org.nz
- registrar@irmt.org.nz
- Data as at
- March 2025
Financial Summary
- Total Revenue
- $0.3M NZD
- Total Expenses
- $0.3M NZD
- Total Assets
- $1.1M NZD
- Net Assets
- $1.1M NZD
- Reserve Months
- 42.2 months of operating expenses
- Staff Count
- 3
- Volunteers
- 1
- Financial Year End
- 2025-03-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2025 | $0.3M | $0.3M | $1.1M |
| 2024 | $0.3M | $0.2M | $1.1M |
| 2023 | $0.2M | $0.3M | $1.1M |
| 2022 | $0.2M | $0.2M | $1.1M |
| 2021 | $0.2M | $0.2M | $1.1M |
| 2020 | $0.3M | $0.3M | $1.1M |
| 2019 | $0.3M | $0.3M | $1.1M |
| 2018 | $0.3M | $0.3M | $1.1M |
| 2017 | $0.3M | $0.3M | $1.1M |
| 2016 | $0.3M | $0.3M | $1.1M |
CharityData Rating
- Overall Grade
- F
- Overall Score
- 30/100
- Financial Score
- 50
- Governance Score
- 50
- Transparency Score
- 50
Red Flags
- Holding 42.2 months of expenses in reserves ($1.1M) — above the 18-month threshold
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EducationTrust
Institute of Registered Music Teachers of New Zealand
CC26898West Melton, West MeltonRegistered 30 Jun 2008
Data updated: 15 Apr 2026
Financials31 Mar 2025Rating10h ago
Financial data as at March 2025. Sourced from Charities Services register.
F
30/100
Reduced by penalties
Financial
50
Governance
50
Transparency
50
Revenue
$305.0K
Expenses
$306.8K
Assets
$1.1M
Staff
3
Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.
1 red flag identified- Review the Rating tab for details
This rating may reflect incomplete data
This charity's grade of Fis based on limited data from the NZ Charities Register, which does not provide detailed expense breakdowns. Without verified program vs admin spending, efficiency scoring is unavailable and the financial score relies on health metrics only. This charity's actual performance may differ from what the available data suggests.
About
Mission
The Institute of Registered Music Teachers of New Zealand (IRMTNZ) is a professional organisation which supports registered music teachers by providing regular professional development opportunities and upholding standards of excellence in teaching music. The IRMTNZ was constituted under the Music Teachers Act 1981. Its purposes are defined in Section 4 of the Act: to promote the general advancement of music teaching, and the acquisition and dissemination of knowledge and skills connected with music teaching; to protect the interests of music teachers in New Zealand; to protect and promote the interests of the public in relation to music teaching; to hold conferences on music teaching and related subjects; to grant prizes, scholarships and financial or other assistance to any person or organisation that may further the aims of the Institute; to administer the Helen Macgregor Tizard Benevolent Fund, previously administered by the Music Teachers Registration Board of New Zealand
Key Statistics
Annual Revenue
$305.0K
Total Expenses
$306.8K
Net Assets
$1.1M
Staff
3
employees
Volunteers
1
Financial Trends
Financial Trends (17 Years)
Revenue Breakdown
Expense Breakdown
API DataBased on annual return data. Detailed program/admin breakdown not available.
Financial Health Dashboard
Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
0mo
Could operate 0 months with zero revenue
Critical
Fundraising Cost
-
No fundraising data
No data
Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology
Revenue Diversification
69
Score /100
Moderate
HHI: 3,076
Other38.7%
Trading / Services35.1%
Investment Income14.4%
Donations11.8%
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 114 peers · Education · $100K – $1M
Rating Score
30
Revenue
$305K
Reserve Months
42.2
Surplus
$-2K
Staff Cost %
25%
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
Rating History
F
2025
Score: 30.0
Financial: 50 | Governance: 50 | Transparency: 50
CurrentC-
2024
Score: 56.0
Financial: 65 | Governance: 50 | Transparency: 50
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Claim This ProfileContact Details
Registration
Registration NumberCC26898
Entity TypeTrust
Registered30 Jun 2008
StatusRegistered
Sector & Activities
Primary Sector
EducationData sourced from Charities Services register and publicly available annual returns. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz. For informational purposes only. Not investment advice. Last updated: 22 April 2026.
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