Virtuoso Strings Charitable Trust Board — Education Charity in Porirua

Virtuoso Strings Charitable Trust Board is a Charitable Trust charity in the Education sector, based in Porirua, Porirua. Annual revenue: $0.3M NZD. Financial data as at March 2026.

Mission: Our mission is to generate social benefit through the provision of accessible, inclusive and holistic music education with an emphasis on group music-making.

Registration Number
CC50199
Charity Type
Charitable Trust
Registration Date
2014-02-11
Status
Active
Sector
Education
Location
Porirua, Porirua
Website
https://www.virtuosostrings.org.nz
Email
contact@virtuosostrings.org.nz
Data as at
March 2026

Beneficiaries: Children / young people, Family / whanau, General public, Migrants / refugees, Older people, People of a certain ethnic / racial origin, People with disabilities, Other - All

Financial Summary

Total Revenue
$0.3M NZD
Total Expenses
$0.3M NZD
Total Assets
$0.3M NZD
Net Assets
$0.3M NZD
Reserve Months
0.0 months of operating expenses
Staff Count
7
Financial Year End
2026-03-31

Financial History

YearRevenueExpensesNet Assets
2026$0.3M$0.3M$0.3M
2025$0.3M$0.3M$0.3M
2024$0.3M$0.3M$0.2M
2023$0.3M$0.3M$0.2M
2022$0.4M$0.4M$0.2M
2021$0.4M$0.3M$0.2M
2020$0.5M$0.5M$0.2M
2019$0.3M$0.3M$0.1M
2018$0.2M$0.2M$0.1M
2017$0.1M$0.1M$0.1M

Board Members and Officers

Current Officers (2)

NameRoleAppointed
Michael WoodTrustee2026-10-23
Zung Bawm La HtawTrustee2026-08-18

Former Officers (15)

  • James Pese — Trustee (departed 2025-10-22)
  • Takirirangi Smith — Trustee
  • Soulivone Phonevilay — Trustee
  • Sally Norman — Trustee (departed 2025-11-10)
  • Hongzhi Gao — Trustee
  • Graeme Ogilvie — Trustee (departed 2026-10-12)
  • Elizabeth Sneyd — Trustee (departed 2022-12-14)
  • Arthur Shaw — Trustee (departed 2021-08-12)
  • Toli Sagaga — Trustee (departed 2021-08-12)
  • Robert Barton — Trustee (departed 2021-08-12)
  • Hon Luamanuvao Dame Winifred Laban — Trustee (departed 2021-08-12)
  • Paul Setefano — Trustee (departed 2021-08-12)
  • James Faraimo — Trustee (departed 2021-08-12)
  • Joyce Fuatavai — Trustee (departed 2018-12-20)
  • Siang Jeffries — First Trustee (departed 2018-02-02)

Funding Sources

  • New Zealand Community Trust — $32,790
  • New Zealand Community Trust — $17,000
  • New Zealand Community Trust — $7,500
  • New Zealand Community Trust — $7,500
  • Grassroots Trust Central Limited — $5,000
  • Four Winds Foundation Limited — $5,000
  • Pelorus Trust — $5,000
  • Pelorus Trust — $5,000

Similar Charities in Education

Virtuoso Strings Charitable Trust Board logo
EducationCharitable Trust

Virtuoso Strings Charitable Trust Board

CC50199Porirua, PoriruaRegistered 11 Feb 2014
Data updated: 1 Nov 2026
Financials7mo agoRating1mo ago

Financial data as at March 2026. Sourced from Charities Services register.

NR
Not rated — Summary-form filing — not enough detail to grade

XRB Tier 3 lets smaller charities (total expenses of $5M or less; $2M for periods ending before 28 March 2024) file a simple-format performance report instead of full PBE standards. The return reports totals but not the program/administration split or the line-item detail our template needs. No red flags were detected in what was filed, and revenue is below our $2M rating threshold. (Whether the accounts must be audited is a separate Charities Act test: audit from $1.1M of operating expenditure, review from $550K.) A letter grade is withheld rather than assigning one that would be driven by the template-fit, not the charity's operations. The charity's filed figures are shown above, and any structural concerns a donor would want to look at are surfaced separately. (v3.3 — set at the pre-2024 Tier 3 ceiling; matches Charity Navigator and CharityWatch US practice.)

How ratings work →

Reasons to look carefully (1)

These structural observations are drawn from public data and are worth considering before a donation. They are not allegations of wrongdoing, and they don’t affect the charity’s letter grade.

  • No chair recorded on the register
    No chair or presiding role is recorded in the register for this board of 5. The Charities Register does not require one to be identified, so this is a gap in the public record rather than a finding about the board.

Each signal is a data-driven observation, not a judgement. They fire automatically from the figures filed with Charities Services. A charity can address any of these by filing fuller disclosure or updating its officer register. Methodology: /about/methodology/concern-signals.

Revenue

$266.3K

Expenses

$268.6K

Assets

$261.2K

Staff

7

Financial data from Charities Services annual return (FY2026). Ratings calculated using CharityData v3.1.1 methodology.

About

Mission

Our mission is to generate social benefit through the provision of accessible, inclusive and holistic music education with an emphasis on group music-making.

Who We Serve

Beneficiaries
Children / young peopleFamily / whanauGeneral publicMigrants / refugeesOlder peoplePeople of a certain ethnic / racial originPeople with disabilitiesOther - All

Key Statistics

Annual Revenue
$266.3K
Total Expenses
$268.6K
Net Assets
$250.2K
Staff
7
employees

Financial Trends

Financial Trends (13 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
5.4mo
Could operate 5.4 months with zero revenue
Low reserves
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

40
Score /100
Concentrated
HHI: 6,019
Other74.6%
Donations21.0%
Investment Income3.4%
Trading / Services1.0%

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

Peer Comparison

Ranked against 152 peers · Education · $100K – $1M

Rating Score
0
#47/153
Revenue
$266K
#90/153
Reserve Months
0.0
#1/153
Surplus
$-2K
#105/153
Staff Cost %
63%
#153/153

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

Rating

Score: /100
Financial
0
Governance
20
Transparency
65
View Full Score Breakdown

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Latest Audit

FY2024
Clean
2 years of audit history

Contact Details

Registration

Registration NumberCC50199
Entity TypeCharitable Trust
Registered11 Feb 2014
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated25 Sept 2013
Registered office
9 Fitzwilliam Terrace, Tawa, Wellington
Differs from Charities Register address (Unit 2, 73 Kenepuru Drive , Kenepuru, Porirua, 5022, Porirua, Porirua). May be stale on either register — verify with the charity if material.

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.