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New Jersey Performing Arts Center Corporation

Newark, NJ · EIN 22-2889703 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

New Jersey Performing Arts Center Corporation reported $74.4 million in revenue and $73.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.88 went to program services, $10.15 to management and general costs and $3.97 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 44.1% of the total. Government grants made up 10.3%. The highest compensation it reported for one person was $1,978,864 (PRESIDENT & CEO). 52 people received more than $100,000 in reportable compensation. Revenue rose 21% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $74M

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $74M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
85.9%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
10.1%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
4.0%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.11$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
35.6%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
10.3%1.7%
Program service revenue share
Part VIII 2g ÷ 12
44.1%20.8%
Highest reported compensation
Part VII-A, columns D–F
$1,978,864$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.69%2.03%
People paid over $100,000
Part VII, line 2
528
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
46.336.6
Independent voting board members
Part VI 1a–1b
68 of 70100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$37M expenses · 58.5% of program spending · revenue $32M

Performances and performance related programs: presented 1,260 performances and events (of which 538 were free of charge) with 670,258 patrons in attendance. Programs included orchestra, recital, musical theater, dance, pop, variety, jazz and other disciplines, performed by local, national and international artists

$14M expenses · 22.3% of program spending

Theater operations: provided services for the management, operation and maintenance of the Arts Center, parking facilities and chambers plaza for public use and enjoyment

$6.7M expenses · 10.6% of program spending · grants $255K · revenue $524K

Social impact: njpac's social impact initiative leverages the arts to make positive changes in our community's health, education, community development and civic engagement. We do this through programs including: arts training for students, professional development for educators, in-school residencies, performances for school groups, arts programs in healthcare settings, an arts-on-prescription program, partnerships with community-based organizations across New Jersey. Continued in schedule o

$5.5M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Director/trustee, officer, 50.00 hrs/week
$1,323,687$0$655,177$1,978,864
EVP & EXECUTIVE PRODUCER
Officer, 50.00 hrs/week
$641,151$0$24,611$665,762
SVP, REAL ESTATE & CAPITAL PROJECTS
Officer, 50.00 hrs/week
$445,642$0$24,811$470,453
VP, DEVELOPMENT
Officer, 50.00 hrs/week
$307,583$0$43,009$350,592
SVP, FINANCE & ADMIN (END 04/2025)
Officer, 50.00 hrs/week
$330,647$0$8,074$338,721
CHIEF PEOPLE OFFICER
Officer, 50.00 hrs/week
$289,823$0$43,073$332,896
VP, MARKETING
Officer, 50.00 hrs/week
$311,430$0$9,528$320,958
VP, PROGRAMMING
Officer, 50.00 hrs/week
$257,664$0$49,615$307,279

52 people received more than $100,000 in reportable compensation from New Jersey Performing Arts Center Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $7.2M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100MFY2020FY2021FY2022FY2023FY2024FY2025$74M$74M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$74M$74M85.9%$284M$1,978,864
FY2024 ⓘ$76M$71M84.1%$272M$1,909,404
FY2023 ⓘ$80M$67M86.9%$255M$1,233,485
FY2022 ⓘ$60M$48M80.9%$235M$1,212,266
FY2021 ⓘ$34M$27M73.9%$241M$763,905
FY2020 ⓘ$61M$45M83.7%$212M$1,121,412

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b70 · 68 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5726
  • Volunteers Part I, line 674

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CENTER STREET OWNERS LLC
Construction company
$5,401,276
SJ PRESENTS CORP
Production and event agency
$4,371,904
AMERICAN EXPRESS TRAVEL
Credit card svcs
$1,746,320
WEISSMANFREDI ARCHITECTS LLP
Architecture company
$1,638,974
WILLIAM MORRIS ENDEAVOR ENT LLC
Talent and artist agency
$1,186,949

Individuals listed as contractors are left out. 90 contractors were paid more than $100,000 in all.

Private foundation grants it received

47 private foundations reported grants to New Jersey Performing Arts Center Corporation totaling $6.5M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from New Jersey Performing Arts Center Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for New Jersey Performing Arts Center Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All arts, culture & humanities charities · Largest charities in New Jersey

Questions people ask

How much of New Jersey Performing Arts Center Corporation's spending goes to programs?

In the fiscal year ending June 30, 2025, New Jersey Performing Arts Center Corporation reported that 85.9% of its $73.6 million in expenses went to program services, 10.1% to management and general and 4.0% to fundraising (Form 990, Part IX).

How much does New Jersey Performing Arts Center Corporation pay its top executive?

The largest total compensation New Jersey Performing Arts Center Corporation reported for one person in the fiscal year ending June 30, 2025 was $1,978,864, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does New Jersey Performing Arts Center Corporation get its money?

Of $74.4 million in revenue in the fiscal year ending June 30, 2025, 35.6% came from contributions and grants (including 10.3% from government grants) and 44.1% from program service revenue (Form 990, Part VIII).

Is New Jersey Performing Arts Center Corporation a registered charity?

The IRS lists EIN 22-2889703 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631329349302378 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511209349301901 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411299349303656 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321309349304017 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349308759 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141139349301304 · read the filing

All filings for EIN 22-2889703: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.