The Malaghan Institute of Medical Research — Health Charity in Wellington
The Malaghan Institute of Medical Research is a Trust charity in the Health sector, based in Wellington, Wellington. CharityData rates this charity F (38/100). Annual revenue: $30.3M NZD. 1 red flag detected. Financial data as at July 2024.
Mission: Capitalizing on scientific discoveries to return value to New Zealand
- Registration Number
- CC10357
- Charity Type
- Trust
- Registration Date
- 2007-05-28
- Status
- Active
- CharityData Rating
- F (38/100)
- Sector
- Health
- Location
- Wellington, Wellington
- Website
- http://www.malaghan.org.nz
- info@malaghan.org.nz
- Data as at
- July 2024
Financial Summary
- Total Revenue
- $30.3M NZD
- Total Expenses
- $26.7M NZD
- Total Assets
- $48.9M NZD
- Net Assets
- $43.8M NZD
- Reserve Months
- 19.7 months of operating expenses
- Staff Count
- 128
- Volunteers
- 0
- Financial Year End
- 2024-07-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 | $30.3M | $26.7M | $43.8M |
| 2023 | $39.3M | $25.9M | $40.1M |
| 2022 | $23.3M | $21.3M | $26.7M |
| 2021 | $20.8M | $19.1M | $24.9M |
| 2020 | $15.9M | $13.2M | $23.4M |
| 2019 | $14.7M | $12.4M | $21.2M |
| 2018 | $12.7M | $11.5M | $19.0M |
| 2017 | $16.8M | $11.9M | $18.1M |
| 2016 | $11.2M | $10.3M | $13.2M |
| 2015 | $9.6M | $8.2M | $11.1M |
CharityData Rating
- Overall Grade
- F
- Overall Score
- 38/100
- Financial Score
- 61.4
- Governance Score
- 50
- Transparency Score
- 50
Red Flags
- Holding 19.7 months of expenses in reserves (43.8M), well above recommended maximum
Board Members and Officers
Current Officers (0)
| Name | Role | Appointed |
|---|
Former Officers (30)
- Kjesten Wiig — Trustee
- David Downs — Trustee
- Patricia Reddy — Trustee
- Ashley Bloomfield — Trustee
- Maia Brewerton — Trustee
- Michelle SULLIVAN — Trustee
- Paul Collins — Trustee
- Tony Mossman — Trustee
- Tim Bennett — Trustee (departed 2023-12-13)
- David Harper — Trustee
- Parry Guilford — Trustee
- Ian Paterson — Trustee (departed 2019-07-31)
- Dianne McCarthy — Trustee (departed 2024-02-22)
- Nicola Sladden — Trustee (departed 2024-12-11)
- Mike Wilson — Trustee (departed 2019-04-04)
- Allan Lindsay Freeth — Trustee (departed 2014-11-17)
- Raymond Kingston — Trustee (departed 2011-12-01)
- Matthew Malaghan — Trustee (departed 2019-10-03)
- Peter Crampton — Trustee (departed 2019-08-23)
- John Beattie — Trustee (departed 2023-04-22)
Executive Compensation
| Name | Role | Compensation | Year |
|---|---|---|---|
| Peter Beale | Director and Chief Executive | - | 2020 |
| John Tait | Trustee | - | 2021 |
| Steven Vickers | Trustee | - | 2025 |
| Dr Frédéric Lavoie | Trustee | - | 2025 |
| Diane Greyson | Trustee | - | 2024 |
| Richard Furman | Trustee | - | 2020 |
| Vaughan Andersen | Trustee | - | 2025 |
| Gerald Vaughan | Trustee | - | 2024 |
| Suzanne Snively | Trustee | - | 2024 |
| Geoff Ricketts | Trustee | - | 2024 |
| Sali Maharaj | Trustee | - | 2024 |
| Kath Mathers | Trustee | - | 2024 |
| Patsy Reddy | Patron | - | 2025 |
| Alastair MacCormick | Trustee | - | 2025 |
| Suzanne Snively | Trustee | - | 2025 |
| Margaret Eaddy | Chair | - | 2025 |
| Melanie Coker | Chief Executive Officer | - | 2024 |
| Gregor Carse | Trustee | - | 2025 |
| John Malaghan | Patron | - | 2024 |
| Celia Paltridge | Trustee | - | 2025 |
| Wayne Mapp | Chair | - | 2024 |
| Grant McCallum | Trustee | - | 2025 |
| Rod Storer | Chair | - | 2023 |
| Simon Beban | Trustee | - | 2021 |
| David Malaghan | Founder and Patron | - | 2025 |
| Bill Molloy | Trustee | - | 2020 |
| Graeme Fogelberg | Trustee | - | 2020 |
| Peter Larsen | Trustee | - | 2023 |
| Carl Hansen | Trustee | - | 2025 |
| Peter Crean | Trustee | - | 2021 |
Funding Sources
- Public Donations — $17,728,439
- Health Research Council — $6,843,190
- Health Research Council — $4,800,475
- Health Research Council — $4,550,000
- Health Research Council — $3,862,281
- Health Research Council — $3,600,343
- Health Research Council — $3,095,435
- Ministry of Business, Innovation and Employment — $2,932,796
- Investment Income — $2,623,512
- Health Research Council — $2,387,518
- Health Research Council — $2,076,200
- Ministry of Business, Innovation and Employment — $2,057,346
- Health Research Council — $2,007,269
- Ministry of Business, Innovation and Employment — $1,950,000
- Ministry of Business, Innovation and Employment — $1,655,263
- Ministry of Business, Innovation and Employment — $1,543,004
- Ministry of Business, Innovation and Employment — $1,326,615
- Health Research Council — $1,245,863
- Ministry of Business, Innovation and Employment — $1,023,222
- Ministry of Business, Innovation and Employment — $889,800
- Ministry of Business, Innovation and Employment — $860,258
- Grassroots Trust Central Limited — $736,740.49
- Ministry of Business, Innovation and Employment — $533,941
- The Lion Foundation — $60,000
- Pelorus Trust — $39,964.19
- One Foundation — $32,148
- Pelorus Trust — $32,043
- New Zealand Community Trust — $22,800
- Aotearoa Gaming Foundation — $3,990
Service Providers
- Pam Thompson
- ANZ Bank New Zealand Limited
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HealthTrust
The Malaghan Institute of Medical Research
CC10357Wellington, WellingtonRegistered 28 May 2007
Data updated: 5 days ago
Financials31 Jul 2024Rating4d ago
Financial data as at July 2024. Sourced from Charities Services register.
F
38/100
Reduced by penalties
Financial
61
Governance
50
Transparency
50
Revenue
$30.3M
Expenses
$26.7M
Assets
$48.9M
Staff
128
Financial data from Charities Services annual return (FY2024). Ratings calculated using CharityData v3.0 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.
Funded By
Registered charities that have funded this organisation.
Health Research Council Of New Zealand
FY 2024
$6,843,190
Health Research Council Of New Zealand
FY 2014
$4,800,475
Health Research Council Of New Zealand
FY 2015
$4,550,000
Health Research Council Of New Zealand
FY 2013
$3,862,281
Health Research Council Of New Zealand
FY 2012
$3,600,343
Health Research Council Of New Zealand
FY 2011
$3,095,435
Health Research Council Of New Zealand
FY 2008
$2,387,518
Health Research Council Of New Zealand
FY 2007
$2,076,200
Health Research Council Of New Zealand
FY 2010
$2,007,269
Health Research Council Of New Zealand
FY 2009
$1,245,863
About
Mission
Capitalizing on scientific discoveries to return value to New Zealand
Key Statistics
Annual Revenue
$30.3M
Total Expenses
$26.7M
Net Assets
$43.8M
Staff
128
employees
Volunteers
0
Financial Trends
Financial Trends (18 Years)
Revenue Breakdown
Expense Breakdown
API DataBased on annual return data. Detailed program/admin breakdown not available.
Financial Health Dashboard
Cents to the Cause
97c
For every $1 spent, 97c reaches programs
Strong
Sustainability
2.5mo
Could operate 2.5 months with zero revenue
Critical
Fundraising Cost
$0.05
Costs $0.05 to raise each $1 in donations
Efficient
Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology
Revenue Diversification
55
Score /100
Concentrated
HHI: 4,522
Donations58.4%
Government Grants32.2%
Investment Income8.6%
Other0.7%
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 10 peers · Health · $10M – $50M
Rating Score
38
Revenue
$30.3M
Reserve Months
19.7
Surplus
$3.7M
Staff Cost %
44%
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
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FY2025Contact Details
Registration
Registration NumberCC10357
Entity TypeTrust
Registered28 May 2007
StatusRegistered
Sector & Activities
Primary Sector
HealthData 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@nzxplorer.co.nz. For informational purposes only. Not investment advice. Last updated: 20 April 2026.
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