Medical Research Institute Of New Zealand — Health Charity in Wellington

Medical Research Institute Of New Zealand is a Trust charity in the Health sector, based in Wellington, Wellington. CharityData rates this charity B (76.9/100). Annual revenue: $9.2M NZD. 1 red flag detected. Financial data as at December 2025.

Mission: The MRINZ is an independent medical research institute dedicated to investigating the causes of important public health problems, to use this knowledge to improve the prevention and treatment of diseases and to provide a base for specialist training in medical research.

Registration Number
CC22439
Charity Type
Trust
Registration Date
2008-04-01
Status
Active
CharityData Rating
B (76.9/100)
Sector
Health
Location
Wellington, Wellington
Email
richard.beasley@mrinz.ac.nz
Data as at
December 2025

Beneficiaries: General public, Other - All

Financial Summary

Total Revenue
$9.2M NZD
Total Expenses
$10.9M NZD
Total Assets
$16.4M NZD
Net Assets
$13.5M NZD
Reserve Months
2.6 months of operating expenses
Staff Count
59
Financial Year End
2025-12-31

Financial History

YearRevenueExpensesNet Assets
2025$9.2M$10.9M$13.5M
2024$10.5M$11.3M$14.5M
2023$8.3M$1.9M$1.0M
2022$9.0M$8.9M$6.5M
2021$7.7M$9.1M$-0.7M
2020$10.8M$8.0M$3.0M
2019$8.5M$7.5M$13.1M
2018$8.3M$7.5M$11.1M
2017$11.2M$9.7M$10.2M
2016$8.4M$7.5M$6.1M

CharityData Rating

Overall Grade
B
Overall Score
76.9/100
Financial Score
92
Governance Score
75
Transparency Score
65

Red Flags

  • 2 trustees of this charity also sit on multiple other charity boards — concentrated trustee bandwidth may warrant board-skill-mix review.

Board Members and Officers

Current Officers (10)

NameRoleAppointed
Dianne Sika-PaotonuTrustee2025-04-02
Dianne dianne.sika-paotonu@otago.ac.nzTrustee2025-04-02
Ian McintoshTrustee2020-09-08
Matire HarwoodTrustee2018-06-12
David ChamberlainChair2016-02-23
Shay McGuinnessTrustee2014-11-05
Philippa ShirtcliffeTrustee2014-07-30
Sean OSullivanTrustee2012-09-19
Richard BeasleyTrustee2008-04-02
Kyle PerrinTrustee1918-11-19

Former Officers (8)

  • Timothy McKenzie — Trustee (departed 2017-10-04)
  • William Day — Trustee (departed 2019-10-14)
  • Josephine Jones — Trustee (departed 2008-12-10)
  • Geoffrey Maxwell Robinson — Trustee (departed 2016-05-05)
  • Kathryn Margaret McPherson — Trustee (departed 2012-09-08)
  • Dennis Siefe — Trustee (departed 2015-12-04)
  • Gary Paul Fitzpatrick — Trustee (departed 2017-10-04)
  • Ruth Anderson — Trustee (departed 2011-11-17)

Executive Compensation

NameRoleCompensationYear
David ChamberlainChair-2023
Ian McIntoshTrustee-2023
Richard BeasleyTrustee and Director-2023
Kyle PerrinTrustee-2023
Matire HarwoodTrustee and Programme Director, Maori and Pacific Health-2023
Philippa ShirtcliffeTrustee-2023
Shay McGuinnessTrustee-2023
Sean O'SullivanTrustee-2023

Major Funders and Contracts (FY2023)

As disclosed in Medical Research Institute Of New Zealand's annual report.

  • Health Research Council of New Zealand — Research grants and reimbursements

Service Providers

  • Moore Markhams
  • Bank of New Zealand
  • Kiwibank
  • Avid Legal

Similar Charities in Health

HealthTrust

Medical Research Institute Of New Zealand

CC22439Wellington, WellingtonRegistered 1 Apr 2008
Data updated: 4 days ago
Financials9mo agoRating4d ago

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

B
77/100
Financial
92
Governance
75
Transparency
65
Revenue

$9.2M

Expenses

$10.9M

Assets

$16.4M

Staff

59

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

1 red flag identified- Review the Rating tab for details

About

Mission

The MRINZ is an independent medical research institute dedicated to investigating the causes of important public health problems, to use this knowledge to improve the prevention and treatment of diseases and to provide a base for specialist training in medical research.

Who We Serve

Beneficiaries
General publicOther - All

Key Statistics

Annual Revenue
$9.2M
Total Expenses
$10.9M
Net Assets
$13.5M
Staff
59
employees

Financial Trends

Financial Trends (18 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
2.6mo
Could operate 2.6 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

62
Score /100
Moderate
HHI: 3,784
Government Grants51.9%
Other30.3%
Donations11.5%
Investment Income6.3%

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

Peer Comparison

Ranked against 67 peers · Health · $1M – $10M

Rating Score
77
#16/68
Revenue
$9.2M
#3/68
Reserve Months
2.6
#1/68
Surplus
$-1.8M
#68/68
Staff Cost %
49%
#68/68

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

Rating History

B
2025
Score: 76.9
Financial: 92 | Governance: 75 | Transparency: 65
Current
D
2024
Score: 48.8
Financial: 99 | Governance: 65 | Transparency: 65

Rating

B
Score: 76.9/100
Financial
92
Governance
75
Transparency
65
Why this grade: Financial 92 × 40% + Governance 75 × 60% = 82 → 77 after red-flag penalties → B.
View Full Score Breakdown

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Latest Audit

FY2025
Clean
10 years of audit history

Contact Details

Address
Wellington, Wellington

Registration

Registration NumberCC22439
Entity TypeTrust
Registered1 Apr 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated15 Sept 2006
Registered office
Riddiford St, Newtown, Wellington

Sector & Activities

Primary Sector
Health
Activities
Sponsors / undertakes researchOther - 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.