Waimarie Operating Trust — Education Charity in Wanganui

Waimarie Operating Trust is a Trust charity in the Education sector, based in Wanganui, Wanganui. Annual revenue: $0.5M NZD. Financial data as at September 2025.

Mission: To operate the Paddle steamer Waimarie and the Whanganui Riverboat Museum. To assist in preserving the Waimarie and Whanganui River Lore and to be a major attraction to visitors to Whanganui. The Trust therefore provides skilled employment, training, delivers education to school children and the wider public and enhances the economic wellbeing of Whanganui.

Registration Number
CC23060
Charity Type
Trust
Registration Date
2008-04-15
Status
Active
Sector
Education
Location
Wanganui, Wanganui
Website
http://www.waimarie.co.nz
Email
info@waimarie.co.nz
Data as at
September 2025

Beneficiaries: Children / young people, General public, Older people

Financial Summary

Total Revenue
$0.5M NZD
Total Expenses
$0.6M NZD
Total Assets
$0.0M NZD
Net Assets
$0.0M NZD
Reserve Months
0.0 months of operating expenses
Staff Count
10
Financial Year End
2025-09-30

Financial History

YearRevenueExpensesNet Assets
2025$0.5M$0.6M$0.0M
2024$0.4M$0.4M$0.2M
2023$0.6M$0.5M$0.2M
2022$0.4M$0.4M$0.1M
2021$0.5M$0.5M$0.1M
2020$0.4M$0.4M$0.1M
2019$0.4M$0.4M$0.1M
2018$0.4M$0.4M$0.0M
2017$0.4M$0.3M$-0.0M
2016$0.3M$0.3M$-0.1M

Board Members and Officers

Current Officers (5)

NameRoleAppointed
Marion JohnstonTrustee2023-10-02
Leigh GrantTrustee2023-10-02
Terry DowdeswellTrustee2021-03-01
Stuart HyltonTrustee2017-06-22
Stephen LaceTrustee2016-08-18

Former Officers (26)

  • Jock Lee — Trustee (departed 2025-05-31)
  • Blair Whiteman — Trustee (departed 2023-09-28)
  • Douglas Davidson — Trustee (departed 2021-08-01)
  • Philip Pollero — Trustee (departed 2019-07-01)
  • Henry Newrick — Trustee (departed 2019-07-01)
  • Valerie Bartrum — Trustee (departed 2020-08-05)
  • Mariana Waitai — Trustee (departed 2023-10-02)
  • Allan MacGibbon — Trustee (departed 2017-07-30)
  • Neville Procter — Trustee (departed 2015-04-28)
  • Richard Sheppard — Trustee (departed 2016-08-18)
  • Ann Petherick — Trustee (departed 2019-10-31)
  • Dot McKInnon — Trustee (departed 2012-10-31)
  • Trevor Strong — Trustee (departed 2011-06-01)
  • Elizabeth Tennet — Trustee (departed 2013-04-01)
  • Geoff Hintz — Trustee (departed 2014-10-31)
  • Dion Ngatai — Trustee (departed 2015-08-20)
  • Edgar Boyd — Trustee (departed 2015-08-01)
  • Richard Moore — Trustee (departed 2010-10-11)
  • Christine Jones — Trustee (departed 2018-07-26)
  • Myles Fothergill — Trustee (departed 2013-10-31)

Funding Sources

  • Four Regions Trust — $30,000
  • Four Regions Trust — $15,000
  • Lion Foundation — $15,000

Similar Charities in Education

Waimarie Operating Trust logo
EducationTrust

Waimarie Operating Trust

CC23060Wanganui, WanganuiRegistered 15 Apr 2008
Data updated: 2 days ago
Financials30 Sept 2025Rating2d ago

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

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

Charities Services Tier 3 reporting allows charities under $2M revenue to file a simple-format annual return rather than audited financial statements. 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 the $2M Tier 2 boundary where audited accounts become mandatory. 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 — aligned with Charities Services tier boundary; 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

$534.5K

Expenses

$557.5K

Assets

$18.1K

Staff

10

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

Funded By

Registered charities that have funded this organisation.

About

Mission

To operate the Paddle steamer Waimarie and the Whanganui Riverboat Museum. To assist in preserving the Waimarie and Whanganui River Lore and to be a major attraction to visitors to Whanganui. The Trust therefore provides skilled employment, training, delivers education to school children and the wider public and enhances the economic wellbeing of Whanganui.

Who We Serve

Beneficiaries
Children / young peopleGeneral publicOlder people

Key Statistics

Annual Revenue
$534.5K
Total Expenses
$557.5K
Net Assets
$18.1K
Staff
10
employees

Financial Trends

Financial Trends (17 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
0.4mo
Could operate 0.4 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

2
Score /100
Highly Concentrated
HHI: 9,782
High Concentration: 99% of revenue from Other
Other98.9%
Investment Income0.9%
Donations0.2%

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

Peer Comparison

Ranked against 132 peers · Education · $100K – $1M

Rating Score
0
#38/133
Revenue
$534K
#25/133
Reserve Months
0.0
#1/133
Surplus
$-23K
#113/133
Staff Cost %
59%
#133/133

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

Rating History

NR
2025
Score: N/A
Financial: 0 | Governance: 20 | Transparency: 65
Current
D+
2024
Score: 52.7
Financial: 80 | Governance: 55 | Transparency: 65

Rating

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

Is this your charity?

Claim your profile to view analytics, submit corrections, and improve your rating.

Claim This Profile

Contact Details

Address
Wanganui, Wanganui

Registration

Registration NumberCC23060
Entity TypeTrust
Registered15 Apr 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated10 Mar 2003
Registered office
1a Taupo Quay Whanganui 4500, Whanganui

Sector & Activities

Primary Sector
Education
Activities
Provides buildings / facilities / open spaceOther - 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: 28 September 2026.