Wearable Art Development Charitable Trust — Arts & Culture Charity in Nelson
Wearable Art Development Charitable Trust is a deregistered Trust charity in the Arts & Culture sector, based in Nelson, Nelson. This organisation also provides funding to other charities. CharityData rates this charity C+ (65/100). Annual revenue: $0.1M NZD. 1 red flag detected. Financial data as at December 2011.
- Registration Number
- CC32905
- Charity Type
- Trust
- Registration Date
- 2008-06-30
- Status
- Deregistered (2015-02-15)
- CharityData Rating
- C+ (65/100)
- Sector
- Arts & Culture
- Location
- Nelson, Nelson
- Funder Status
- Grant-making charity (charitable_trust)
- Data as at
- December 2011
Financial Summary
- Total Revenue
- $0.1M NZD
- Total Expenses
- $0.2M NZD
- Total Assets
- $0.2M NZD
- Net Assets
- $0.2M NZD
- Reserve Months
- 10.9 months of operating expenses
- Volunteers
- 0
- Financial Year End
- 2011-12-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2011 | $0.1M | $0.2M | $0.2M |
| 2010 | $0.0M | $0.0M | $0.3M |
| 2009 | $0.0M | $0.0M | $0.3M |
| 2008 | $0.0M | $0.0M | $0.4M |
CharityData Rating
- Overall Grade
- C+
- Overall Score
- 65/100
- Financial Score
- 100
- Governance Score
- 50
- Transparency Score
- 50
Red Flags
- Does not publicly disclose executive compensation despite receiving significant public funding
Board Members and Officers
Current Officers (0)
| Name | Role | Appointed |
|---|
Former Officers (5)
- Bronwyn Monopoli — Trustee
- Suzanne Moncrieff — Trustee
- Heather Palmer — Trustee
- Kerry Marshall — Trustee
- Robert Burton — Trustee
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Wearable Art Development Charitable Trust
CC32905Nelson, NelsonRegistered 30 Jun 2008
Data updated: 2 days ago
Financials31 Dec 2011Rating2d ago
Financial data as at December 2011. Sourced from Charities Services register.
C+
65/100
Financial
100
Governance
50
Transparency
50
Revenue
$131.7K
Expenses
$215.1K
Assets
$194.9K
Financial data from Charities Services annual return (FY2011). Ratings calculated using CharityData v3.0 methodology.
1 red flag identified- Review the Rating tab for details
Funder Profile
GrantmakerThis organisation makes grants or donations to other charities and organisations.
Geographic Focus
Nelson
Key Statistics
Annual Revenue
$131.7K
Total Expenses
$215.1K
Net Assets
$194.9K
Staff
0
employees
Volunteers
0
Financial Trends
Financial Trends (4 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
0.3mo
Could operate 0.3 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
3
Score /100
Highly Concentrated
HHI: 9,743
High Concentration: 99% of revenue from Government Grants
Government Grants98.7%
Other1.3%
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 122 peers · Arts & Culture · $100K – $1M
Rating Score
65
Revenue
$132K
Reserve Months
10.9
Surplus
$-83K
Staff Cost %
0%
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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Claim This ProfileContact Details
Address
Nelson, Nelson
Registration
Registration NumberCC32905
Entity TypeTrust
Registered30 Jun 2008
StatusDeregistered
Deregistered15 Feb 2015
Sector & Activities
Primary Sector
Arts & CultureData 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: 18 April 2026.
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