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New Jersey · Nonprofit

NEWARK PERFORMING ARTS CORPORATION

NEWARK PERFORMING ARTS CORPORATION (New Jersey) receives grants from 13 organizations whose IRS filings report $3,001,518 to it, the largest being THE PRUDENTIAL FOUNDATION ($1,575,000). 6 of them have funded it in more than one year.

Revenue FY2024
$5.9M
Funders on record
13
Grants received
$3.0M
Net assets
$7.5M
6/13 repeat funderspeak grant-dependency 27%
01What it does

What Newark Performing Arts Corporation does

Mission

Operate newark symphony hall and develope and provide arts, education, and cultural events for the residents of newark, nj and its surrounding area.

As stated on its FY2024 Form 990.

Programs

  1. 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.

    $1,104,229 spent
    35% of program spending
  2. 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.

    $692,073 spent
    22% of program spending
  3. 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.

    $1,319,015 spent
    42% of program spending

The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $3,115,317.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($2.3M) Expenses 100 ($1.4M) Net assets 100 ($2.1M)2021 Revenue 127 ($2.8M) Expenses 98 ($1.4M) Net assets 160 ($3.3M)2022 Revenue 122 ($2.7M) Expenses 180 ($2.5M) Net assets 118 ($2.5M)2023 Revenue 318 ($7.2M) Expenses 205 ($2.9M) Net assets 277 ($5.8M)2024 Revenue 263 ($5.9M) Expenses 293 ($4.1M) Net assets 363 ($7.5M)
20202021202220232024
Revenue (263)Expenses (293)Net assets (363)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $3.5M to $6.4M (+84%).

$2.2M
$3.8M
$3.5M
$6.4M
$9.0M
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 41% · 2021 23% · 2022 28% · 2023 57% · 2024 60%. Grants only. Government contracts and fees sit inside program revenue.

64% of NEWARK PERFORMING ARTS CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 reported years ran a deficit.

$840k
’20
$1.5M
’21
$209k
’22
$4.3M
’23
$1.8M
’24
7.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Talia Young

Executive director

Board chair

Alfred Bundy

Chairperson

As listed on its FY2024 Form 990.

20202021202220232024
Listed2525242518
Joined·+0+0+1+6
No longer listed·01013
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 2 funders, grant income rose $235k → $300k.

3 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of NEWARK PERFORMING ARTS CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NEWARK PERFORMING ARTS CORPORATION leans on a few funders — its largest provides 52% of grant income and the top three 89%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

52%
largest funder
89%
top three
~3
effective funders

Largest funder’s share by year: 2017 53% · 2018 60% · 2019 91% · 2020 56% · 2021 75% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

0% of NEWARK PERFORMING ARTS CORPORATION's funders are still giving 3 years after their first grant; 46% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

61% of NEWARK PERFORMING ARTS CORPORATION's grant income comes from New Jersey funders.

NY
PA
NJ

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New Jersey out of state home

Funder states come from each funder’s own filing. $206k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NEWARK PERFORMING ARTS CORPORATION runs a healthier operating margin than three-quarters of the 5,127 arts & culture nonprofits its size.

Operating margin30% · top quartile
Months of reserve7.6mo · above the median
Revenue growth (annualized)27% · top quartile

this organization peer median middle 50% of peers· 5,127 arts & culture nonprofits $1M–$10M, FY2024

Government funding NEWARK PERFORMING ARTS CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $50k on record.

State$50k
Top programs
  • TRUST FUND$50k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like NEWARK PERFORMING ARTS CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New Jersey

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

75% of spending goes to programs.

Program 75%Management 25%Fundraising 0%

Governance

21
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for NEWARK PERFORMING ARTS CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NEWARK PERFORMING ARTS CORPORATION?
NEWARK PERFORMING ARTS CORPORATION (New Jersey) receives grants from 13 organizations whose IRS filings report $3,001,518 to it, the largest being THE PRUDENTIAL FOUNDATION ($1,575,000). 6 of them have funded it in more than one year.
How many funders does NEWARK PERFORMING ARTS CORPORATION have?
IRS filings report 13 organizations giving $3,001,518 in grants to NEWARK PERFORMING ARTS CORPORATION, 6 of which have funded it in more than one year.
Who is the largest funder of NEWARK PERFORMING ARTS CORPORATION?
THE PRUDENTIAL FOUNDATION is the largest funder on record, with $1,575,000 in grants. The full list of funders is on this page.
How can an organization like NEWARK PERFORMING ARTS CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Newark Performing Arts →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 13 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing