Cause IQ organization profile

New Jersey Performing Arts Center Corporation

New Jersey Performing Arts Center Corporation is a performing arts center based in Newark, NJ that was founded in 1988. As of 2019 they had $54 million in revenue and $218 million in assets.

The New Jersey Performing Arts Center, by celebrating diversity, shall be america's foremost urban presenter of Arts and entertainment, a creative and effective leader in Arts education for children, a convener of useful and enlightening civic engagem...

EIN:

22-2889703

City:

Newark

State:

New Jersey

Metro:

New York-Newark-Jersey City, NY-NJ-PA

Website:

njpac.org

Facebook:

facebook.com/NJPAC

Twitter:

@njpac

Founded:

1988

Type:

501(c)(3)

NTEE:

A61: Performing arts centers

Revenue:

$54,809,846

Assets:

$218,253,823

Employees:

670

Fiscal year end:

June

Revenue trends:

Asset trends:

Program areas at New Jersey Performing Arts Center Corporation

Performances and Performance Related Programs: Presented 670 performances and other events with over 575,000 patrons in attendance. Programs included orchestra, recital, musical theater, dance, pop, variety, jazz and other disciplines, performed by local, national and international artists.

ARTS EDUCATION PROGRAMS: NJPAC Arts Education offers programming in four main areas: 1) SchoolTime Performances and In-School Assemblies, 2) In-School Residencies, 3) Arts Training and 4) Professional Development. CONTINUED IN SCHEDULE O.

Theater Operations: Provided services for the management, operation and maintenance of the arts center, parking facilities and Chambers Plaza for public use and enjoyment.

Form 990s for New Jersey Performing Arts Center Corporation

Fiscal year ending	Date received by IRS	Form	PDF link
2019-06	Oct 2, 2020	990	View PDF
2018-06	Jun 19, 2019	990	View PDF
2017-06	Nov 15, 2018	990	View PDF
2016-06	Aug 29, 2017	990	View PDF
2015-06	Jul 26, 2016	990	View PDF
...and five more Form 990 PDFs

Financials for New Jersey Performing Arts Center Corporation

Field	2019	2018	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$2,210,053	$2,206,681	0.2%
Related organizations	$52,990	$51,070	3.8%
Government grants (contributions)	$1,000,000	$1,000,000
Normal grants, contributions, etc.	$14,255,740	$24,086,244	-40.8%
<em>Non-cash contributions included in above</em>	$31,783	$19,321	64.5%
Total grants, contributions, etc.	$17,518,783	$27,343,995	-35.9%

Field	2019	2018	% Change
Total grants, contributions, etc.	$17,518,783	$27,343,995	-35.9%
Program services	$27,033,594	$25,533,087	5.9%
Investment income and dividends	$1,349,577	$974,901	38.4%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$327,809	$440,823	-25.6%
Net gain from sale of non-inventory assets	$3,094,039	$3,999,514	-22.6%
Net income from fundraising events	$-594,366	$-498,391	-19.3%
Net income from gaming activities	$28,037	$27,572	1.7%
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$6,052,373	$5,943,328	1.8%
Total revenues	$54,809,846	$63,764,829	-14.0%

Field	2019	2018	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$31,787	$62,119	-48.8%
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$4,354,185	$3,514,320	23.9%
Compensation not included above, to disqualified persons	$79,997	$75,132	6.5%
Non-officer salaries and wages	$10,661,550	$10,682,340	-0.2%
Pension/retirement accruals and contributions	$60,809	$144,203	-57.8%
Other employee benefits	$1,836,842	$1,805,477	1.7%
Payroll taxes	$1,176,280	$1,157,597	1.6%
Management fees	$0	$0
Legal fees	$231,050	$241,889	-4.5%
Accounting fees	$117,126	$147,257	-20.5%
Lobbying fees	$7,756	$20,347	-61.9%
Pro. fundraising fees	$148,387	$169,845	-12.6%
Investment mgmt fees	$161,144	$156,021	3.3%
Other fee-for-service	$1,647,108	$1,848,829	-10.9%
Advertising and promotion	$3,203,941	$2,985,369	7.3%
Office expenses	$604,010	$565,081	6.9%
Information tech. expenses	$0	$0
Royalty expenses	$0	$0
Occupancy	$3,281,898	$3,117,333	5.3%
Travel	$1,197,660	$563,202	112.7%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$0	$632,823	-100%
Interest	$331,024	$311,768	6.2%
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$4,777,897	$4,662,308	2.5%
Insurance	$507,326	$523,154	-3.0%
All other expenses	$18,265,307	$17,242,010	5.9%
Total expenses	$52,683,084	$50,628,424	4.1%

Field	2019	2018	% Change
Cash (non-interest-bearing)	$2,657,609	$1,865,578	42.5%
Savings, short-term investments, etc.	$0	$0
Pledges and grants receivable	$23,315,414	$21,789,984	7.0%
Accounts receivable	$3,523,827	$3,496,381	0.8%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$3,156,869	$3,495,365	-9.7%
Buildings, equipment, etc. post-depreciation	$108,575,874	$109,634,537	-1.0%
Investments, publicly traded securities	$63,520,431	$65,078,555	-2.4%
Investments, other securities	$13,503,799	$12,651,665	6.7%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$0	$0
Total assets	$218,253,823	$218,012,065	0.1%

Field	2019	2018	% Change
Accounts payable and accrued expenses	$3,706,490	$3,229,325	14.8%
Grants payable	$0	$0
Deferred revenue	$2,767,529	$4,919,602	-43.7%
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$8,693,453	$7,767,439	11.9%
Unsecured notes and loans payable to unrelated third parties	$1,218,750	$1,262,500	-3.5%
Other liabilities	$2,266,646	$1,278,291	77.3%
Total liabilities	$18,652,868	$18,457,157	1.1%

Field	2019	2018	% Change
Unrestricted net assets	$98,387,369	$98,743,885	-0.4%
Temporarily restricted net assets	$31,533,734	$31,243,606	0.9%
Permanently restricted net assets	$69,679,852	$69,567,417	0.2%

Vendors for New Jersey Performing Arts Center Corporation

Vendor	Services	Date
Salesforce	Marketing software	2020-06-17
█████████	Content management system software	2020-06-17
██████████	Fundraising software	2020-06-17
████ ███	Tax accounting	2020-03-19
██████ ███████ ████	Insurance	2019-12-31
█████	Insurance	2019-12-31
███████ ██████████ █████████ ███	Insurance	2019-12-31
██████████ ████ █████████ ███████	Insurance	2019-12-31
...and 17 more vendors

Personnel at New Jersey Performing Arts Center Corporation

Name	Title	Compensation	Most recent data
John Schreiber	President and Chief Executive Officer / Board Member	$941,843	Oct. 2, 2020
Warren Tranquada	Executive Vice President and Chief Operating Officer	$374,662	June 11, 2020
██████ ████████	Vice President and Chief Financial Officer	$243,612	June 11, 2020
██████ ███████	Chief Information Officer	$148,220	June 30, 2019
████ █████	Vice President, Operations and Real Estate	$153,310	June 11, 2020
█████ █████	Vice President, Marketing	$176,612	June 11, 2020
████ ███████	Senior Vice President , Development	$331,816	June 11, 2020
████ ██████	Vice President, Human Resources	-	June 11, 2020
███ ██████	Senior Vice President, Real Estate and Capital Projects	-	June 11, 2020
███████ ██████	Senior Vice President , Real Estate and Capital Proj.	$63,086	June 30, 2019
...and 15 more key personnel

Peer performing arts centers

	Name	Type	Revenue	Location
1	Count Basie Center for Theatre Arts	501(c)(3)	$17 million	Red Bank, NJ
2	Overture Center Foundation	501(c)(3)	$18 million	Madison, WI
3	Ordway Center for the Performing Arts	501(c)(3)	$18 million	Saint Paul, MN
4	Walton Arts Center Council	501(c)(3)	$29 million	Fayetteville, AR
5	The Smith Center for the Performing Arts	501(c)(3)	$39 million	Las Vegas, NV
6	Boston Center for the Arts (BCA)	501(c)(3)	$30 million	Boston, MA
7	Mayo Performing Arts Center (MPAC)	501(c)(3)	$14 million	Morristown, NJ
8	Tennessee Performing Arts Center (TPAC)	501(c)(3)	$23 million	Nashville, TN
9	Ruth Eckerd Hall	501(c)(3)	$31 million	Clearwater, FL
10	David A Straz JR Center	501(c)(3)	$40 million	Tampa, FL
11	Denver Center for the Performing Arts	501(c)(3)	$74 million	Denver, CO
12	oRPHEUM Theatre GROUP	501(c)(3)	$14 million	Memphis, TN
13	McCallum Theatre	501(c)(3)	$17 million	Palm Desert, CA
14	Proctors	501(c)(3)	$17 million	Schenectady, NY
15	Kimmel Center	501(c)(3)	$51 million	Philadelphia, PA
16	Strathmore Hall Foundation	501(c)(3)	$15 million	North Bethesda, MD
17	Providence Performing Arts Center (PPAC)	501(c)(3)	$22 million	Providence, RI
18	Playhouse Square	501(c)(3)	$95 million	Cleveland, OH
19	Kravis Center	501(c)(3)	$45 million	West Palm Beach, FL
20	Bethel Woods Center for the Arts	501(c)(3)	$17 million	Liberty, NY
21	National Arts Centre Corporation	501(c)(3)	$85 million	Canada,
22	Pittsburgh Cultural Trust	501(c)(3)	$79 million	Pittsburgh, PA
23	Flint Cultural Center Corporation	501(c)(3)	$40 million	Flint, MI
24	Cincinnati Arts Association	501(c)(3)	$16 million	Cincinnati, OH
25	Adrienne Arts Center Trust	501(c)(3)	$42 million	Miami, FL

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Cause IQ organization profile

New Jersey Performing Arts Center Corporation

Program areas at New Jersey Performing Arts Center Corporation

Form 990s for New Jersey Performing Arts Center Corporation

Financials for New Jersey Performing Arts Center Corporation

Vendors for New Jersey Performing Arts Center Corporation

Personnel at New Jersey Performing Arts Center Corporation

Peer performing arts centers

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