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 2018 they had $63 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:

$63,764,829

Assets:

$218,012,065

Employees:

631

Fiscal year end:

June

Revenue trends:

Asset trends:

Program areas at New Jersey Performing Arts Center Corporation

Performances and Performance Related Programs: Presented 633 performances and other events with over 550,000 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: Conducted arts education activities that cater to the full spectrum of schools' needs and children's abilities with in-school instruction through the artist-in-residency programs, conservatory-style arts training initiatives, professional development for educators and live performances through the SchoolTime and Family series. 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
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
2014-06	May 26, 2015	990	View PDF
...and four more Form 990 PDFs

Financials for New Jersey Performing Arts Center Corporation

Field	2018	2017	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$2,206,681	$1,403,207	57.3%
Related organizations	$51,070	$52,081	-1.9%
Government grants (contributions)	$1,000,000	$1,032,161	-3.1%
Normal grants, contributions, etc.	$24,086,244	$9,802,785	145.7%
<em>Non-cash contributions included in above</em>	$19,321	$299,488	-93.5%
Total grants, contributions, etc.	$27,343,995	$12,290,234	122.5%

Field	2018	2017	% Change
Total grants, contributions, etc.	$27,343,995	$12,290,234	122.5%
Program services	$25,533,087	$22,287,614	14.6%
Investment income and dividends	$974,901	$946,618	3.0%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$440,823	$296,502	48.7%
Net gain from sale of non-inventory assets	$3,999,514	$995,734	301.7%
Net income from fundraising events	$-498,391	$-333,193	-49.6%
Net income from gaming activities	$27,572	$27,280	1.1%
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$5,943,328	$4,158,551	42.9%
Total revenues	$63,764,829	$40,669,340	56.8%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$62,119	$22,970	170.4%
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$3,514,320	$3,405,669	3.2%
Compensation not included above, to disqualified persons	$75,132	$36,107	108.1%
Non-officer salaries and wages	$10,682,340	$8,899,240	20.0%
Pension/retirement accruals and contributions	$144,203	$117,081	23.2%
Other employee benefits	$1,805,477	$1,568,923	15.1%
Payroll taxes	$1,157,597	$1,037,196	11.6%
Management fees	$0	$0
Legal fees	$241,889	$256,958	-5.9%
Accounting fees	$147,257	$118,664	24.1%
Lobbying fees	$20,347	$27,852	-26.9%
Pro. fundraising fees	$169,845	$249,500	-31.9%
Investment mgmt fees	$156,021	$170,799	-8.7%
Other fee-for-service	$1,848,829	$1,853,273	-0.2%
Advertising and promotion	$2,985,369	$2,915,761	2.4%
Office expenses	$565,081	$441,508	28.0%
Information tech. expenses	$0	$0
Royalty expenses	$0	$0
Occupancy	$3,117,333	$2,961,543	5.3%
Travel	$563,202	$340,612	65.4%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$632,823	$580,666	9.0%
Interest	$311,768	$323,347	-3.6%
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$4,662,308	$4,685,890	-0.5%
Insurance	$523,154	$525,377	-0.4%
All other expenses	$17,242,010	$15,784,896	9.2%
Total expenses	$50,628,424	$46,323,832	9.3%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$1,865,578	$1,384,937	34.7%
Savings, short-term investments, etc.	$0	$0
Pledges and grants receivable	$21,789,984	$9,385,290	132.2%
Accounts receivable	$3,496,381	$2,364,868	47.8%
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	$3,495,365	$3,293,501	6.1%
Buildings, equipment, etc. post-depreciation	$109,634,537	$112,427,094	-2.5%
Investments, publicly traded securities	$65,078,555	$62,817,109	3.6%
Investments, other securities	$12,651,665	$10,664,464	18.6%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$0	$0
Total assets	$218,012,065	$202,337,263	7.7%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$3,229,325	$2,531,278	27.6%
Grants payable	$0	$0
Deferred revenue	$4,919,602	$3,497,306	40.7%
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	$7,767,439	$10,838,270	-28.3%
Unsecured notes and loans payable to unrelated third parties	$1,262,500	$1,398,035	-9.7%
Other liabilities	$1,278,291	$137,855	827.3%
Total liabilities	$18,457,157	$18,402,744	0.3%

Field	2018	2017	% Change
Unrestricted net assets	$98,743,885	$100,390,116	-1.6%
Temporarily restricted net assets	$31,243,606	$21,040,828	48.5%
Permanently restricted net assets	$69,567,417	$62,503,575	11.3%

Vendors for New Jersey Performing Arts Center Corporation

Vendor	Services	Amount paid	Date
Salesforce	Marketing software		2020-06-17
█████████	Content management system software		2020-06-17
██████████	Fundraising software		2020-06-17
██████ ███████ ████	Insurance		2019-12-31
█████	Insurance		2019-12-31
███████ ██████████ █████████ ███	Insurance		2019-12-31
██████████ ████ █████████ ███████	Insurance		2019-12-31
███ ███████████ ███	Insurance agent or broker	$41	2019-12-31
...and 18 more vendors

Personnel at New Jersey Performing Arts Center Corporation

Name	Title	Compensation	Most recent data
John Schreiber	President and Chief Executive Officer	$723,863	June 11, 2020
Warren Tranquada	Executive Vice President and Chief Operating Officer	$321,873	June 11, 2020
██████ ████████	Vice President and Chief Financial Officer	$210,725	June 11, 2020
██████ ██ █████	Chief Information Officer	$143,437	June 30, 2018
████ █████	Vice President, Operations and Real Estate	$142,828	June 11, 2020
█████ █████	Vice President, Marketing	$143,088	June 11, 2020
████ ███████	Senior Vice President , Development	$216,055	June 11, 2020
████ ██████	Vice President, Human Resources	-	June 11, 2020
███ ██████	Senior Vice President, Real Estate and Capital Projects	-	June 11, 2020
████████ █████████	Acting Vice President, Arts Education	$92,209	June 11, 2020
...and seven 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	The Smith Center for the Performing Arts	501(c)(3)	$39 million	Las Vegas, NV
3	Walton Arts Center Council	501(c)(3)	$29 million	Fayetteville, AR
4	Overture Center Foundation	501(c)(3)	$18 million	Madison, WI
5	Ordway Center for the Performing Arts	501(c)(3)	$18 million	Saint Paul, MN
6	Kimmel Center	501(c)(3)	$67 million	Philadelphia, PA
7	oRPHEUM Theatre GROUP	501(c)(3)	$19 million	Memphis, TN
8	McCallum Theatre	501(c)(3)	$17 million	Palm Desert, CA
9	Ruth Eckerd Hall	501(c)(3)	$31 million	Clearwater, FL
10	Tennessee Performing Arts Center (TPAC)	501(c)(3)	$23 million	Nashville, TN
11	David A Straz JR Center	501(c)(3)	$40 million	Tampa, FL
12	Denver Center for the Performing Arts	501(c)(3)	$88 million	Denver, CO
13	Providence Performing Arts Center (PPAC)	501(c)(3)	$18 million	Providence, RI
14	Playhouse Square	501(c)(3)	$94 million	Cleveland, OH
15	Kravis Center	501(c)(3)	$39 million	West Palm Beach, FL
16	Shea's Performing Arts Center	501(c)(3)	$28 million	Buffalo, NY
17	Proctors	501(c)(3)	$17 million	Schenectady, NY
18	Pittsburgh Cultural Trust	501(c)(3)	$79 million	Pittsburgh, PA
19	National Arts Centre Corporation	501(c)(3)	$85 million	Canada,
20	Bethel Woods Center for the Arts	501(c)(3)	$17 million	Liberty, NY
21	Cincinnati Arts Association	501(c)(3)	$16 million	Cincinnati, OH
22	Adrienne Arsht Center for the Performing Arts	501(c)(3)	$43 million	Miami, FL
23	Dr. Phillips Center for the Performing Arts	501(c)(3)	$41 million	Orlando, FL
24	Bushnell Center for the Performing Arts	501(c)(3)	$23 million	Hartford, CT
25	New York City Center	501(c)(3)	$28 million	New York, NY

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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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