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 B+ (80.6/100). Annual revenue: $30.3M NZD. 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
- B+ (80.6/100)
- 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
- 2.5 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
- B+
- Overall Score
- 80.6/100
- Financial Score
- 87.3
- Governance Score
- 65
- Transparency Score
- 65
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 |
|---|---|---|---|
| Diane Greyson | Trustee | - | 2024 |
| Gerald Vaughan | Trustee | - | 2024 |
| Geoff Ricketts | Trustee | - | 2024 |
| Sali Maharaj | Trustee | - | 2024 |
| Kath Mathers | Trustee | - | 2024 |
| Celia Paltridge | Trustee | - | 2025 |
| Melanie Coker | Chief Executive Officer | - | 2024 |
| Gregor Carse | Trustee | - | 2025 |
| Grant McCallum | Trustee | - | 2025 |
| Wayne Mapp | Chair | - | 2024 |
| Simon Beban | Trustee | - | 2021 |
| Bill Molloy | Trustee | - | 2020 |
| Peter Larsen | Trustee | - | 2023 |
| Carl Hansen | Trustee | - | 2025 |
| Dr Jacquie Bay | Trustee | - | 2025 |
| Dr Melanie Coker | Chair | - | 2025 |
| Dr Liz Dallimore | Trustee | - | 2025 |
| Dr Graham Le Gros | Chief Executive Officer | - | 2023 |
| John Malaghan | Founder | - | 2023 |
| Dr Gareth Evans | Trustee | - | 2023 |
| Gareth Evans | Trustee | - | 2021 |
| Fran Gillon | Trustee | - | 2024 |
| Gareth Evans | Trustee | - | 2020 |
| Peter Larsen | Chair | - | 2020 |
| John Tarawera | Chair | - | 2024 |
| Dame Julie Maxton | Trustee | - | 2025 |
| Dr Arno Hinterthaner | Chief Executive Officer | - | 2025 |
| James Rackham | Chief Financial Officer | - | 2023 |
| John Malaghan | Patron | - | 2024 |
| Peter Crampton | Trustee | - | 2024 |
Funding Sources
- 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
- 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
- Hugh Green Foundation — $5,000
- Hugh Green Foundation — $5,000
- 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: 3 days ago
Financials31 Jul 2024Rating4d ago
Financial data as at July 2024. Sourced from Charities Services register.
B+
81/100
Financial
87
Governance
65
Transparency
65
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 designatedBoard of 11 with no chair designated on the register
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.
Revenue
$30.3M
Expenses
$26.7M
Assets
$48.9M
Staff
128
Financial data from Charities Services annual return (FY2024). Ratings calculated using CharityData v3.1.1 methodology.
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
Hugh Green Foundation
FY 2025
$5,000
Hugh Green Foundation
FY 2023
$5,000
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 5 peers · Health · $10M – $50M
Rating Score
81
Revenue
$30.3M
Reserve Months
2.5
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.
Rating
B+Score: 80.6/100
Financial
87.3
Governance
65
Transparency
65
Why this grade: Financial 87 × 40% + Governance 65 × 60% = 74 → B+.
Is this your charity?
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Claim This ProfileContact Details
Registration
Registration NumberCC10357
Entity TypeTrust
Registered28 May 2007
StatusRegistered
Companies Office
StatusRegistered
Entity TypeCharitable Trust
Incorporated25 Oct 1968
Registered office
CSB Victoria University, Entrance 7, Kelburn, Wellington
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@charitydata.co.nz. For informational purposes only. Not investment advice. Last updated: 4 May 2026.
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