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Newark Performing Arts Corporation

Newark Symphony Hall

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222804063 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

Overview

What is Newark Performing Arts Corporation?

The Newark Performing Arts Corporation, operating under the name Newark Symphony Hall, is a nonprofit entity based in Newark, New Jersey. Situated at 1030 Broad Street, their primary mission involves operating the symphony hall and offering a diverse range of arts, educational, and cultural events for the local community and its surrounding area. Their operations encompass maintaining the concert hall and terrace ballroom, ensuring the functionality of essential facilities such as floors, walls, seating, lighting, elevators, and restrooms. Furthermore, they are responsible for the upkeep of vital systems including smoke and burglar alarms, heating, and cooling systems. Employing a team of 39 individuals, Newark Symphony Hall is dedicated to enriching the cultural landscape of Newark, New Jersey.


Is Newark Performing Arts Corporation legitimate?

Newark Performing Arts Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newark Performing Arts Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,141,220

For more financial information, click here


What is the mission statement of Newark Performing Arts Corporation?
Who is the CEO of Newark Performing Arts Corporation?
What is the revenue of Newark Performing Arts Corporation?
Who are the executives of Newark Performing Arts Corporation and what are their salaries?

The average compensation at Newark Performing Arts Corporation during 2022 was $31,570. There are 39 employees and 25 volunteers at Newark Performing Arts Corporation.

Here are 25 key members and their salaries:


Where can I find the form 990 for Newark Performing Arts Corporation?

Mission Statement of Newark Performing Arts Corporation

The Newark Performing Arts Corporation, in its mission, focuses on operating a concert hall and developing and offering arts, education, and cultural events for the residents of Newark, New Jersey, and its surrounding area. By maintaining and upkeeping the concert hall and Terrace Ballroom, they ensure that events run smoothly, with attention to details such as the condition of floors, walls, seating, lighting, elevators, and restrooms. Additionally, the organization is responsible for maintaining and upkeeping the smoke and burglar alarm systems, heating and cooling systems, contributing to a comfortable and secure environment for attendees.

Impact

This information is meant to be a general summary of Newark Performing Arts Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Newark Performing Arts Corporation, through its operation of Newark Symphony Hall, plays a significant role in providing arts, education, and cultural events for the residents of Newark, NJ, and its surrounding area. The organization's impact is felt through the diverse range of performances and programming it offers, enriching the cultural landscape of the community and providing opportunities for artistic expression and engagement. By maintaining and enhancing the concert hall and ballroom facilities, Newark Performing Arts Corporation creates a welcoming and professional environment for events that bring people together to appreciate and participate in the arts. The organization's mission to develop and provide these initiatives underscores its commitment to fostering creativity, education, and community through the arts.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-784
  • Program Service Revenue: $1,803,314
  • Gross Receipts: $2,755,100

    • Assets and Liabilities:
  • Total Assets: $3,489,371
  • Total Liabilities: $1,027,535
  • Net Assets: $2,461,836
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EVENTS RENTALS

    Revenue

    $1,122,260

    EVENTS SERVICES

    Revenue

    $644,976

    TICKET SALES

    Revenue

    $11,668

    SERVICES

    Revenue

    $24,410

    Organization Details

    Founding Year

    1987

    Principal Officer

    Taneshia Laird

    Main Address

    1030 BROAD STREET, NEWARK, NJ, 071022410

    NTEE Category

    Code: A610 - Arts

    If you are a representative of Newark Performing Arts Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.