The VAC was formed to promote goodwill within the New Zealand entertainment industry and foster a spirit of loyalty, friendship and cooperation between members.

Founder members include Les Andrews QSM, Edgar and Doris Benyon, Lou Clauson QSM, Dave Cowel, Peter Evans, Eddie and Elaine Hegan, Chic Littlewood, Pat McMinn OBE, Simon Mehana, Sally Metzger, Peter Newberry, Mary Throll, George Tumahai and Jon Zealando.

The same year the VAC Benevolent Fund was established to serve as an aid to variety performers who were experiencing financial hardship.

Members include actors, comedians, composers, magicians, musicians, screenwriters, singers, speakers and other variety performers.

[1] Patrons of the VAC are NZ Journalist and Media Personality David Hartnell MNZM and Gray Bartlett MBE.