Asbury Park Arts Council Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO SUPPORT, ADVOCATE AND PROMOTE ARTS-CENTRIC INITIATIVES, BUSINESSES AND DEVELOPMENT IN ASBURY PARK, NEW JERSEY. THE ORGANIZATION'S PRIMARY GOAL IS TO ENSURE THE ARTS ARE CONSIDERED IN MUNICIPAL POLICY-MAKING VIA THE CREATION AND IMPLEMENTATION OF THE ARTS AND CULTURE PLAN WITHIN THE ASBURY PARK MASTER PLAN. THE ORGANIZATION WAS FORMED TO BE A BRIDGE BETWEEN THE LOCAL ARTS COMMUNITY AND THE CITY OF ASBURY PARK, FOSTERING THE UNDERSTANDING THAT ARTS ARE THE ECONOMIC ENGINE OF THE CITY.
- Income
- $123,192
- Spending
- $120,146
- Spent on programs
- 58%
- Reserves
- 1.9 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 5
- Highest pay
- $77,140, secretary/ex
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 68 out of 100. Higher than 39% of charities in its peer group (arts and culture, under $250k).
Reserves
10 of 35Spendable reserves would cover 1.9 months of spending.
Debt
20 of 20It owes 13% of what it owns.
Living within its means
15 of 15Income exceeded spending by 2% of income.
Income trend
15 of 15Income rose 41% on the year before.
Spending floor
8 of 1558% of spending went to programs and raising each dollar of donations cost 24 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 59 out of 100. Higher than 44% of charities in its peer group (arts and culture, under $250k).
Independent board
25 of 254 of 5 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no 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
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 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 (1)
- $69,176 spent. THE ORGANIZATION WORKS TO SUPPORT, ADVOCATE AND PROMOTE ARTSCENTRIC INITIATIVES, BUSINESSES AND DEVELOPMENT IN ASBURY PARK, NEW JERSEY. THIS INCLUDES WORKING TO CREATE AND IMPLEMENT AN ARTS AND CULTURE PLAN IN PARTNERSHIP WITH THE CITY AND EXECUTING PROGRAMS IN THE LOCAL COMMUNITY INCLUDING PAINTING MURALS AND BEAUTIFYING INFRASTRUCTURE, AND HOSTING NETWORKING MEETINGS AND A THREE MINUTE FILM CHALLENGE.
Source: Form 990 for the year ending December 31, 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 October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 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.