Newark School Of The Arts Inc
- Assets
- $1.4m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 59
- Location
- Newark, NJ
- Founding
- 02/1969
- Data as of
- 06/2022
- EIN
- 22-1849047
Organization Overview
Newark School Of The Arts Inc is located in Newark, NJ. The organization was established in 1969. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Newark School Of The Arts Inc employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newark School Of The Arts Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Newark School Of The Arts Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NEWARK SCHOOL OF THE ARTS MISSION IS TO CHANGE THE LIVES OF YOUTH THROUGH ACCESS TO QUALITY EDUCATION IN THE VISUAL AND PERFORFMING ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL HAS A STRONG COMMITMENT TO THE COMMUNITY. THROUGH PARTNERSHIPS WITH THE CITY OF NEWARK, NEWARK PUBLIC SCHOOL'S DISTRICT, CHARTER AND OTHER PRIVATE SCHOOLS. NSA OFFERS EDUCATIONAL PROGRAMS, RESIDENCIES AND PERFORMANCES DURING AND AFTER SCHOOL TIME. THE SCHOOL PRESENTS UP TO 40 STUDENT, FACULTY AND GUEST ARTIST PERFORMANCES AND VISUAL ARTS EXHIBITIONS EACH YEAR, FREE AND OPEN TO THE PUBLIC. IT IS UNIQUE IN THE NEWARK AREA FOR PROVIDING MULTIDISCIPLINARY ARTS TRAINING ON A LONG-TERM BASIS. THE SCHOOL ESTABLISHED DIGITAL MEDIA LAB FOCUSED ON TEACHING 21ST CENTURY TECHNOLOGY IN MUSIC PRODUCTION, COMPOSITION AND GRAPHIC ARTS AND CONTINUES TO DEVELOP NEW PROGRAMS.
IN THE LATE NINETIES, NSA DEVELOPED A PROFESSIONAL MUSIC DIVISION THAT GREW OUT OF THE NEED TO ACCOMMODATE ADVANCED STUDENTS WHO WISH TO PURSUE A CAREER IN THE ARTS. STUDENTS IN THE PROFESSIONAL DIVISION ARE REQUIRED TO AUDITION. THE PROFESSIONAL DIVISION HAS SOME OF THE MOST ADVANCED STUDENTS FROM NEW JERSEY. RECENT STUDENTS HAVE GONE ON TO STUDY AT MANHATTAN SCHOOL OF MUSIC, MANNES SCHOOL, NEW ENGLAND CONSERVATORY AND JUILLIARD. STUDENTS IN THE PROGRAM HAVE PERFORMED AS PRELUDE ARTISTS AT NJPAC FOR PIANIST LANG LANG, CONDUCTOR CHARLES DUTOIT AND OPERA SINGER RENEE FLEMING. THEY DEEPEN THEIR KNOWLEDGE THROUGH OPPORTUNITIES TO MEET THE ARTISTS IN PERSON.
SIGNIFICANT NUMBERS OF NSA ALUMNI HAVE GONE ON TO CAREERS IN THE ARTS. THEY INCLUDE WORLD-RENOWNED TAP DANCER SAVION GLOVER; LATIN SINGING SENSATION FRANKIE NEGRON, VOCALIST; KESHA KNIGHT PULLIAM- RUDY ON THE COSBY SHOW; COUNTER-TENOR DERRICK LEE RAGIN (METROPOLITAN OPERA/ENGLISH NATIONAL OPERA); PIANIST HSING-AY HSU, ARTISTIC ADMINISTRATOR OF THE PENDULUM NEW MUSIC SERIES AT THE UNIVERSITY OF COLORADO IN BOULDER; KIMBERLYN MONFORD, ASSOCIATE PROFESSOR OF MUSIC AT TRINITY UNIVERSITY; MAURICE CHESTNUT, TAP DANCER; TYSHAWN SOREY,MACATHUR FELLOW,COMPOSER AND MUSICIAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Tamburri Executive Di | OfficerTrustee | 40 | $128,915 |
Lori Scott-Pickensmpa President | OfficerTrustee | 2 | $0 |
Carmen Amalia Corrales Vice Preside | OfficerTrustee | 2 | $0 |
Cristina Tarulli Treasurer | OfficerTrustee | 2 | $0 |
Denarra Simmons Secretary | OfficerTrustee | 2 | $0 |
Kamala Allen Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $28,950 |
| Related organizations | $0 |
| Government grants | $328,821 |
| All other contributions, gifts, grants, and similar amounts not included above | $438,674 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $796,445 |
| Total Program Service Revenue | $358,024 |
| Investment income | $394 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,154,863 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $116,855 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $128,915 |
| Compensation of current officers, directors, key employees. | $57,327 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $520,563 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,794 |
| Payroll taxes | $57,615 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,710 |
| Fees for services: Accounting | $37,528 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,092 |
| Advertising and promotion | $5,449 |
| Office expenses | $24,044 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,847 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,711 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,403 |
| Insurance | $18,281 |
| All other expenses | $4,240 |
| Total functional expenses | $1,130,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $302,943 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $293,932 |
| Accounts receivable, net | $11,658 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $791,908 |
| Investments—publicly traded securities | $22,079 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,422,520 |
| Accounts payable and accrued expenses | $14,002 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,940 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $300,300 |
| Total liabilities | $316,242 |
| Net assets without donor restrictions | $841,278 |
| Net assets with donor restrictions | $265,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,422,520 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Newark School Of The Arts Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Bess Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Art Students League Of New York New York, NY | $112,886,191 | $14,274,262 |
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Grounds For Sculpture Inc Hamilton, NJ | $36,793,406 | $11,597,062 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |
The Arts Connection Inc New York, NY | $2,703,336 | $4,972,330 |
Alliance For Young Artists & Writers Inc New York, NY | $7,496,330 | $3,366,982 |
Marquis Studios Ltd Brooklyn, NY | $2,435,475 | $3,259,805 |