New Jersey Performing Arts Center Corporation

Organization Overview

New Jersey Performing Arts Center Corporation is located in Newark, NJ. The organization was established in 1988. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2020, New Jersey Performing Arts Center Corporation employed 664 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, New Jersey Performing Arts Center Corporation generated $61.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $44.5m during the year ending 06/2020. While expenses have increased by 1.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE NEW JERSEY PERFORMING ARTS CENTER, BY CELEBRATING DIVERSITY, SHALL BE AMERICA'S FOREMOST URBAN PRESENTER OF ARTS AND ENTERTAINMENT. FOR FUTHER DETAILS SEE SCHEDULE O.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PERFORMANCES AND PERFORMANCE RELATED PROGRAMS: PRESENTED 575 PERFORMANCES AND OTHER EVENTS (INCLUDING VIRTUAL) WITH OVER 450,000 PATRONS IN ATTENDANCE. PROGRAMS INCLUDED ORCHESTRA, RECITAL, MUSICAL THEATER, DANCE, POP, VARIETY, JAZZ AND OTHER DISCIPLINES, PERFORMED BY LOCAL, NATIONAL AND INTERNATIONAL ARTISTS.


THEATER OPERATIONS: PROVIDED SERVICES FOR THE MANAGEMENT, OPERATION AND MAINTENANCE OF THE ARTS CENTER, PARKING FACILITIES AND CHAMBERS PLAZA FOR PUBLIC USE AND ENJOYMENT.


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.


PERFORMANCES AND PERFORMANCE RELATED PROGRAMS: PRESENTED 575 PERFORMANCES AND OTHER EVENTS (INCLUDING VIRTUAL) WITH OVER 450,000 PATRONS IN ATTENDANCE. PROGRAMS INCLUDED ORCHESTRA, RECITAL, MUSICAL THEATER, DANCE, POP, VARIETY, JAZZ AND OTHER DISCIPLINES, PERFORMED BY LOCAL, NATIONAL AND INTERNATIONAL ARTISTS.


THEATER OPERATIONS: PROVIDED SERVICES FOR THE MANAGEMENT, OPERATION AND MAINTENANCE OF THE ARTS CENTER, PARKING FACILITIES AND CHAMBERS PLAZA FOR PUBLIC USE AND ENJOYMENT.


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.


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Board, Officers & Key Employees

Name (title)Compensation
John Schreiber
President & CEO
$1,090,804
David D Rodriguez
Evp & Executive Producer
$457,003
Warren Tranquada
Evp & COO
$395,265
Lisa Mantone
Svp, Development
$342,794
Timothy Lizura
Svp, Real Estate&capital Proj.
$319,245
Lennon Register
VP & Chief Financial Officer
$258,796

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Daikin Applied
Maintenance
$932,708
American Express Travel
Credit Card Svcs
$895,368
New Jersey Speakers Series Llc
Performers
$693,426
Daikin Applied
Maintenance
$932,708
Alliance Maintenance
Cleaning
$756,612
American Express Travel
Credit Card Svcs
$895,368
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$2,012,505
Related organizations$53,728
Government grants $3,368,742
All other contributions, gifts, grants, and similar amounts not included above$33,154,715
Noncash contributions included in lines 1a–1f $31,364
Total Revenue from Contributions, Gifts, Grants & Similar$38,589,690
Total Program Service Revenue$15,179,297
Investment income $1,280,909
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$127,480
Net Gain/Loss on Asset Sales $2,351,781
Net Income from Fundraising Events -$610,641
Net Income from Gaming Activities $21,886
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $61,354,488

Grants Recieved

Over the last fiscal year, we have identified 8 grants that New Jersey Performing Arts Center Corporation has recieved totaling $682,236.

Awarding OrganizationAmount
John And Mary Kay Strangfeldfoundation

Longboat Key, FL

PURPOSE: CHARITABLE

$400,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$124,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$124,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$18,196
Newark Arts Council

Newark, NJ

PURPOSE: AEN VICTORIA GRANT

$6,615
Jewish Communal Fund

New York, NY

PURPOSE: General support

$5,250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$84,810,266
Earnings-$48,092
Admin Expense$177,173
Net Contributions$14,565,383
Other Expense$3,586,271
Ending Balance$95,564,113

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