Mike Cormack Foundation — Arts & Culture Charity in Auckland

Mike Cormack Foundation is a Trust charity in the Arts & Culture sector, based in Auckland, Auckland. This organisation also provides funding to other charities. CharityData rates this charity B- (73/100). Annual revenue: $0.1M NZD. 1 red flag detected. Financial data as at March 2026.

Mission: To foster the game of Rugby Union

Registration Number
CC49468
Charity Type
Trust
Registration Date
2013-07-05
Status
Active
CharityData Rating
B- (73/100)
Sector
Arts & Culture
Location
Auckland, Auckland
Email
parkside23@xtra.co.nz
Funder Status
Grant-making charity (foundation)
Data as at
March 2026

Beneficiaries: Children / young people

Financial Summary

Total Revenue
$0.1M NZD
Total Expenses
$0.1M NZD
Reserve Months
16.6 months of operating expenses
Financial Year End
2026-03-31

Financial History

YearRevenueExpensesNet Assets
2026$0.1M$0.1M-
2025$0.1M$0.0M$0.7M
2024$0.1M$0.0M-
2023$0.0M$0.0M-
2022$0.0M$0.0M$0.0M
2021$0.2M$0.0M-
2020$0.1M$0.1M$0.4M
2019$0.1M$0.1M-
2018$0.1M$0.1M-
2017$0.2M$0.1M$0.4M

CharityData Rating

Overall Grade
B-
Overall Score
73/100
Financial Score
95
Governance Score
55
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 (4)

NameRoleAppointed
Jacqueline LethbridgeTrustee2021-05-25
Andrew FlexmanTrustee2018-03-31
Campbell CormackTrustee2013-05-09
Simon JohnstonTrustee2013-05-09

Former Officers (3)

  • Leslie Cormack — Trustee (departed 2018-03-31)
  • John Taylor — Trustee (departed 2024-03-28)
  • Philip Wells — Trustee (departed 2021-04-12)

Similar Charities in Arts & Culture

FunderArts & CultureTrustFoundation

Mike Cormack Foundation

CC49468Auckland, AucklandRegistered 5 Jul 2013
Data updated: 3 days ago
Financials6mo agoRating2d ago

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

B-
73/100
Balance sheet from 2025 used (not reported this year)
Financial
95
Governance
55
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 recorded on the register
    No chair or presiding role is recorded in the register for this board of 4. 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

$130.8K

Expenses

$50.2K

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

1 red flag identified- Review the Rating tab for details

Endowment Foundation

Special Entity Type

This is an endowment foundation that holds investments and provides grants. High reserves are expected and appropriate - this is not an operating charity.

Rating Note: Endowment foundations are rated using specialized criteria that recognize high reserves as appropriate. Metrics like grant distribution rate and investment returns are prioritized over program spending ratios.

Funder Profile

Grantmaker

This organisation makes grants or donations to other charities and organisations.

Funding Sectors
Sports & Recreation
Beneficiaries
General Public
Geographic Focus
Auckland

About

Mission

To foster the game of Rugby Union

Who We Serve

Beneficiaries
Children / young people

Key Statistics

Annual Revenue
$130.8K
Total Expenses
$50.2K
Net Assets
-

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
63c
For every $1 spent, 63c reaches programs
Adequate
Sustainability
16.4mo
Could operate 16.4 months with zero revenue
Healthy
Fundraising Cost
$0.78
Costs $0.78 to raise each $1 in donations
High cost

Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology

Revenue Diversification

52
Score /100
Concentrated
HHI: 4,839
Investment Income65.0%
Donations18.4%
Other16.6%

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

Peer Comparison

Ranked against 117 peers · Arts & Culture · $100K – $1M

Rating Score
73
#16/118
Revenue
$131K
#100/118
Reserve Months
16.6
#1/118
Surplus
$81K
#19/118
Staff Cost %
0%
#1/118

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

Rating History

B-
2026
Score: 73.0
Financial: 95 | Governance: 55 | Transparency: 65
Current
D+
2025
Score: 53.2
Financial: 81 | Governance: 55 | Transparency: 65

Rating

B-
Score: 73/100
Financial
95
Governance
55
Transparency
65
Why this grade: Financial 95 × 40% + Governance 55 × 60% = 71 → B-.
View Full Score Breakdown

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Contact Details

Address
Auckland, Auckland

Registration

Registration NumberCC49468
Entity TypeTrust
Registered5 Jul 2013
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated12 Sept 2013
Registered office
Level 20, Price Waterhousecoopers Tower, 188 Quay Street, Auckland Central, Auckland

Sector & Activities

Primary Sector
Arts & Culture
Activities
Makes grants / loans to individualsMakes grants to organisations (including schools or other charities)Provides buildings / facilities / open spaceSponsors / undertakes research

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: 28 September 2026.