Luma Light Festival Trust — Education Charity in Cromwell

Luma Light Festival Trust is a Trust charity in the Education sector, based in Cromwell, Cromwell. CharityData rates this charity B- (71.5/100). Annual revenue: $0.0M NZD. Financial data as at September 2025.

Mission: TO ESTABLISH A FULLY SUSTAINBLE, FULLY ACCESSIBLE PUBLIC ART EVENT WITH THE THEME OF LIGHT CONNECTING ART, TECHNOLOGY, AND DESIGN. & THAT THIS EVENT WILL INSPIRE THE INTERACTION, EDUCATION, AND PARTICIPATION OF THE QUEENSTOWN LAKES AND CENTRAL OTAGO COMMUNITIES

Registration Number
CC53200
Charity Type
Trust
Registration Date
2016-03-21
Status
Active
CharityData Rating
B- (71.5/100)
Sector
Education
Location
Cromwell, Cromwell
Email
duncan@mountedward.com
Data as at
September 2025

Beneficiaries: Children / young people, General public, Other - All

Financial Summary

Total Revenue
$0.0M NZD
Total Expenses
$0.0M NZD
Total Assets
$0.1M NZD
Net Assets
$0.1M NZD
Reserve Months
44.1 months of operating expenses
Staff Count
1
Financial Year End
2025-09-30

Financial History

YearRevenueExpensesNet Assets
2025$0.0M$0.0M$0.1M
2024$1.1M$1.2M$0.2M
2023$0.9M$0.9M$0.3M
2022$0.2M$0.3M$0.3M
2021$0.8M$0.6M$0.4M
2020$0.3M$0.1M$0.2M
2019$0.3M$0.4M$0.0M
2018$0.3M$0.3M$0.1M
2017$0.2M$0.1M$0.0M
2016$0.0M--

CharityData Rating

Overall Grade
B-
Overall Score
71.5/100
Financial Score
70
Governance Score
75
Transparency Score
65

Board Members and Officers

Current Officers (6)

NameRoleAppointed
Craig GallagherOfficer2021-09-10
Matthew DiceyExecutve Officer2018-06-12
Benjamin ChapmanExecutive Officer2018-04-01
Andrew ForsythChair2016-02-01
Tim BuckleyExecutive Officer2016-02-01
Luke BaldockExecutive Officer2016-02-01

Former Officers (3)

  • Graeme Todd — Executive Officer (departed 2019-06-30)
  • Daniel Green — Executive Officer (departed 2020-09-30)
  • Simon Holden — Secretary (departed 2020-09-30)

Funding Sources

  • Aotearoa Gaming Foundation — $45,000

Similar Charities in Education

EducationTrust

Luma Light Festival Trust

CC53200Cromwell, CromwellRegistered 21 Mar 2016
Data updated: 4 days ago
Financials30 Sept 2025Rating4d ago

Financial data as at September 2025. Sourced from Charities Services register.

B-
72/100
Financial
70
Governance
75
Transparency
65
Revenue

$54

Expenses

$32.9K

Assets

$128.4K

Staff

1

Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.

Endowment Foundation

Special Entity Type

This is an endowment foundation that holds investments and provides grants. High reserves are expected and appropriate - this is not an operating charity.

Rating Note: Endowment foundations are rated using specialized criteria that recognize high reserves as appropriate. Metrics like grant distribution rate and investment returns are prioritized over program spending ratios.

About

Mission

TO ESTABLISH A FULLY SUSTAINBLE, FULLY ACCESSIBLE PUBLIC ART EVENT WITH THE THEME OF LIGHT CONNECTING ART, TECHNOLOGY, AND DESIGN. & THAT THIS EVENT WILL INSPIRE THE INTERACTION, EDUCATION, AND PARTICIPATION OF THE QUEENSTOWN LAKES AND CENTRAL OTAGO COMMUNITIES

Who We Serve

Beneficiaries
Children / young peopleGeneral publicOther - All

Key Statistics

Annual Revenue
$54
Total Expenses
$32.9K
Net Assets
$124.7K
Staff
1
employees

Financial Trends

Financial Trends (10 Years)

Revenue Breakdown

Expense Breakdown

API Data

Based 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
44.1mo
Could operate 44.1 months with zero revenue
Over-capitalized
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

0
Score /100
Highly Concentrated
HHI: 10,000
High Concentration: 100% of revenue from Investment Income
Investment Income100.0%

HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.

Peer Comparison

Ranked against 329 peers · Education · Under $100K

Rating Score
72
#28/330
Revenue
$54
#325/330
Reserve Months
44.1
#1/330
Surplus
$-33K
#325/330
Staff Cost %
0%
#1/330

Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.

Rating History

B-
2025
Score: 71.5
Financial: 70 | Governance: 75 | Transparency: 65
Current
NR
2023
Score: N/A
Financial: 0 | Governance: 30 | Transparency: 65

Rating

B-
Score: 71.5/100
Financial
70
Governance
75
Transparency
65
Why this grade: Financial 70 × 40% + Governance 75 × 60% = 73 → 72 after red-flag penalties → B-.
View Full Score Breakdown

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Latest Audit

FY2025

Contact Details

Address
Cromwell, Cromwell

Registration

Registration NumberCC53200
Entity TypeTrust
Registered21 Mar 2016
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated1 Mar 2016
Registered office
34 Coalpit Road, RD 1, Queenstown

Sector & Activities

Primary Sector
Education
Activities
Other - Acts an Umbrella body

Data 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: 30 September 2026.