Newark Performing Arts Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
OPERATE NEWARK SYMPHONY HALL AND DEVELOPE AND PROVIDE ARTS, EDUCATION, AND CULTURAL EVENTS FOR THE RESIDENTS OF NEWARK, NJ AND ITS SURROUNDING AREA.
- Income
- $5.9 million
- Spending
- $4.1 million
- Spent on programs
- 75%
- Reserves
- -2 months of spending
- Largest source of income
- government grants, 60%
- Employees
- 221
- Volunteers
- 25
- Highest pay
- $164,000, executive director
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 51 out of 100. Higher than 23% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
16 of 20It owes 16% of what it owns.
Living within its means
15 of 15Income exceeded spending by 30% of income.
Income trend
5 of 15Income fell 17% on the year before.
Spending floor
15 of 1575% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2521 of 21 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $1.1 million spent. FACILITY OPERATIONS- REPRESENT THE PREPARATION AND MAINTENANCE OF THE CONCERT HALL AND TERRACE BALLROOM TO FACILITATE THE EVENT.THIS INCLUDES BUT NOT LIMITED TO MAINTENANCE AND UP KEEP OF FLOORS, WALLS, SEATING, LIGHTING, ELEVATORS AND RESTROOMS. THE MAINTENANCE AND UPKEEP OF THE SMOKE AND BURGLAR ALARM SYSTEMS,HEATING AND COOLING SYSTEMS ARE ALSO INCLUDED.
- $692,073 spent. EVENTS RENTALS AND SERVICES REPRESENT THE RENTAL OF THE CONCERT HALL AND TERRACE BALLROOM FOR CONCERTS, WEDDINGS AND OTHER EVENTS.THE SERVICES PROVIDED ARE STAFFING FOR EACH EVENT, SECYRITY, BAR AND CONCESSION SERVICES.
- $1.3 million spent. YOUTH PROGRAMS- IS A FIVE WEEK, FULL-DAY PROGRAM OFFERING INTENSIVE INSTRUCTION IN VOCAL MUSIC, CONTEMPORARY DANCE, DRAMA, AND CREATIVE WRITING FOR STUDENTS AGE 9-13, WITHOUT REGARD TO PREVIOUS EXPERIENCE. THE YOUTH PROGRAM SERVICED EACH WEEK FOR 5 WEEKS.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on November 15, 2019 for not filing returns for three years. The IRS now lists it as tax-exempt again.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.