Civic Intelligence

Newark Arts Council

EIN 22-2412819 • 501(c)3 • Newark, NJ

Profile

Newark arts' mission is to power the arts to transform the lives of those who live in, work in, and visit newark.

17 Academy Street 702Newark, NJ 07102

www.newarkarts.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.12x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.08x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

7th percentile

-47%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

70th percentile

$107,327

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

4th percentile

-45%

Faster asset growth than 4% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-45%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$731,914

Down $605,175 (-45%) from 2023

Liabilities

Down

$90,623

Down $27,253 (-23%) from 2023

Net Assets

Down

$641,291

Down $577,922 (-47%) from 2023

Revenue

Down

$1,168,017

Down $967,211 (-45%) from 2023

Expenses

Down

$1,711,583

Down $687,491 (-29%) from 2023

Net Income

Down

-$543,566

Down $279,720 (-106%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $227,298Liabilities 2011: $1,924Net Assets 2011: $225,3742011Assets 2012: $168,333Liabilities 2012: $10,842Net Assets 2012: $157,4912012Assets 2013: $170,198Liabilities 2013: $42,240Net Assets 2013: $127,9582013Assets 2014: $116,817Liabilities 2014: $29,259Net Assets 2014: $87,5582014Assets 2015: $196,695Liabilities 2015: $33,326Net Assets 2015: $163,3692015Assets 2016: $380,277Liabilities 2016: $43,275Net Assets 2016: $337,0022016Assets 2017: $460,443Liabilities 2017: $221,328Net Assets 2017: $239,1152017Assets 2018: $360,259Liabilities 2018: $28,055Net Assets 2018: $332,2042018Assets 2019: $647,759Liabilities 2019: $73,825Net Assets 2019: $573,9342019Assets 2020: $1,457,684Liabilities 2020: $813,377Net Assets 2020: $644,3072020Assets 2021: $1,947,360Liabilities 2021: $1,060,352Net Assets 2021: $887,0082021Assets 2023: $1,337,089Liabilities 2023: $117,876Net Assets 2023: $1,219,2132023Assets 2024: $731,914Liabilities 2024: $90,623Net Assets 2024: $641,2912024

Highlighted filing

2024

Assets$731,914
Liabilities$90,623
Net Assets$641,291

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $312,471Expenses 2011: $361,966Net Income 2011: -$49,4952011Expenses 2012: $373,3202012Expenses 2013: $387,0402013Revenue 2014: $312,918Expenses 2014: $353,318Net Income 2014: -$40,4002014Revenue 2015: $452,204Expenses 2015: $376,393Net Income 2015: $75,8112015Revenue 2016: $817,106Expenses 2016: $643,473Net Income 2016: $173,6332016Revenue 2017: $1,010,901Expenses 2017: $1,108,788Net Income 2017: -$97,8872017Revenue 2018: $1,533,465Expenses 2018: $1,440,376Net Income 2018: $93,0892018Revenue 2019: $1,599,547Expenses 2019: $1,357,817Net Income 2019: $241,7302019Revenue 2020: $2,267,281Expenses 2020: $2,196,908Net Income 2020: $70,3732020Revenue 2021: $2,660,381Expenses 2021: $2,417,680Net Income 2021: $242,7012021Revenue 2023: $2,135,228Expenses 2023: $2,399,074Net Income 2023: -$263,8462023Revenue 2024: $1,168,017Expenses 2024: $1,711,583Net Income 2024: -$543,5662024

Highlighted filing

2024

Revenue$1,168,017
Expenses$1,711,583
Net Income-$543,566

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.73$0.09$0.64$1.17$1.71$0.54
2023Detailed filing. Detailed filing data is available for this year.$1.34$0.12$1.22$2.14$2.40$0.26
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$1.06$0.89$2.66$2.42$0.24
2020Detailed filing. Detailed filing data is available for this year.$1.46$0.81$0.64$2.27$2.20$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.65$0.07$0.57$1.60$1.36$0.24
2018Detailed filing. Detailed filing data is available for this year.$0.36$0.03$0.33$1.53$1.44$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.46$0.22$0.24$1.01$1.11$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.38$0.04$0.34$0.82$0.64$0.17
2015Detailed filing. Detailed filing data is available for this year.$0.20$0.03$0.16$0.45$0.38$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.12$0.03$0.09$0.31$0.35$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.04$0.13$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.01$0.16$0.37
2011Summary only. Only limited summary data is available for this year.$0.23$0.00$0.23$0.31$0.36$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 23, 2025
Return Version
2023v6.0
Gross Receipts
$1,168,017
Mission and Program Overview

Mission

The mission of the newark arts council (aka newark arts) is to power the arts to transform the lives of those who live in, work in, and visit newark, through programs, advocacy, promotion, education, and coordination.

Newark arts' mission is to power the arts to transform the lives of those who live in, work in, and visit newark.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$622,706$562,035▼ $60,671
Pledges and Grants Receivable$636,398$130,152▼ $506,246
Prepaid Expenses and Deferred Charges$20,341$16,439▼ $3,902
Land, Buildings, and Equipment, Net$9,085$9,931▲ $846
Total Assets$1,337,089$731,914▼ $605,175
Other Assets Total$48,559$13,357▼ $35,202
Liabilities
Accounts Payable and Accrued Expenses$70,717$78,666▲ $7,949
Other Liabilities$47,159$11,957▼ $35,202
Total Liabilities$117,876$90,623▼ $27,253
Net Assets / Fund Balance
Net Assets With Donor Restrictions$583,544$367,559▼ $215,985
Net Assets Without Donor Restrictions$635,669$273,732▼ $361,937
Total Net Assets Fund Balance$1,219,213$641,291▼ $577,922
Total Liabilities and Net Assets / Fund Balance$1,337,089$731,914▼ $605,175

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,931$53,164$63,095

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$25,000---$25,000
2022$25,000---$25,000
2021$25,000---$25,000
2020$25,000---$25,000
2019$25,000---$25,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Regina BarbozaDirector of Development anFT$97,704$9,623$107,327
Lauren CraigExecutive DirectorFT$101,610$5,530$107,140

Board Members and Trustees

NameTitle
Marcy S DepinaPresident
Donna Walker-kuhneVice President
Samer HaniniVice President
Andrew CoombsBoard Member
Chisa B HutchinsonBoard Member
Dupre KellyBoard Member
Joseph LeeBoard Member
Kim a CookBoard Member
Kitab I RollinsBoard Member
Manuel J AntunesBoard Member
Reginald NobleBoard Member
Richard GrossklausBoard Member
Ryan a MonroeBoard Member
Onome N AdejemiluaSecretary
Nicole WhalenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,122,434
Program Service Revenue
$45,583
Investment Income
$0
Other Revenue
$0
All Other Contributions
$794,967
Change in Net Assets
$-543,566

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,168,017
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,808
Total Revenue per Audited Statements
$1,171,825
Total Revenue per Form 990
$1,168,017
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$758,425
Other Expenses$667,153
Grants and Similar Amounts Paid$286,005
Total Fundraising Expense$121,230
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$359,456$43,235$5,524$408,215
Other Salaries and Wages$271,815$72,237$60,674$404,726
Grants to Domestic Orgs$286,005--$286,005
Current Officers, Directors, Trustees, and Key Employees$231,938$14,393$9,159$255,490
Payroll Taxes$40,291$10,763$5,179$56,233
Fees for Services Accounting$38,830$4,670$597$44,097
Other Employee Benefits$20,748$9,979$11,249$41,976
Occupancy$19,085$7,922$9,003$36,010
Office Expenses$29,057$4,341$1,235$34,633
Advertising$25,910--$25,910
Fees for Services Legal$22,204$2,671$341$25,216
Conferences and Meetings$14,324$2,638$7,958$24,920
Insurance$6,017$2,497$2,838$11,352
Depreciation Depletion$2,309$959$1,089$4,357
Information Technology$3,628$436$56$4,120
Travel$2,061$384$889$3,334
Other Expenses$709$295$335$1,339
All Other Expenses--$520$520
Interest-$330-$330
Total Functional Expenses$1,400,322$190,031$121,230$1,711,583

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,749,747
Expenses per Audited Statements$1,711,583
Total Expenses per Form 990$1,711,583
Expenses Not Reported on Form 990$38,164
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Yendor LLCEast Orange, NJ-Ccf$80,100
Arts for Kids IncWest Orange, NJ-Ccf$29,050
Arts HorizonsEnglewood, NJ-Ccf$19,435
Yendor Theatre CompanyNewark, NJ-Ccf$18,000
Teens Steps Up IncDunellen, NJ-Ccf$17,150
GlassrootsNewark, NJ-Ccf$12,250
Cherub StewartNewark, NJ-Ccf$12,000
Newark Performing Arts CorpNewark, NJ-Ccf$8,250
SHARON MILLER'S ACADEMY FOR THE PERFORMING ARTS INCMontclair, NJ-Ccf$6,250
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right-of-use Lease Liability$11,957
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

No committee has the authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

A copy of form 990 is provided to each board member at a full board of trustees meeting.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is discussed and distributed at the first full board meeting of the fiscal year. The policy is monitored and compliance is enforced by members of the governing body.

Form 990, Part VI, Section B, Line 15

Executive compensation is determined by the board of directors. An independent consulting firm conducted the search for the executive director and provided comprehensive, comparable data about executive compensation as well as guidance and recommendations.

Form 990, Part VI, Section C, Line 18

The organization makes its form 990 available for public inspection upon request.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Newark Arts Council
EIN
22-2412819
Phone
9736431625
Address
17 ACADEMY STREET 702, NEWARK, NJ 07102

Signing Officer

Name
Lauren Craig
Title
Executive Director
Phone
9736431625
Signed
2025-04-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lauren Craig
Formed
1981
Legal Domicile
Nj
Voting Board Members
15
Independent Board Members
15
Employees
11
Volunteers
25

Preparer

Firm
Cliftonlarsonallen Llp
Address
293 EISENHOWER PARKWAY 2ND FLOOR, LIVINGSTON, NJ 07039
Preparer
Bridget Hartnett
Phone
9739949494
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Advisory: program service expenses 1,223. Management and general expenses 147. Fundraising expenses 19. Total expenses 1,389. Artist fees: program service expenses 125,446. Management and general expenses 15,089. Fundraising expenses 1,928. Total expenses 142,463. Consulting: program service expenses 202,662. Management and general expenses 24,376. Fundraising expenses 3,115. Total expenses 230,153. Interns: program service expenses 15,306. Management and general expenses 1,841. Fundraising expenses 235. Total expenses 17,382. Other miscellaneous professional fees: program service expenses 12,001. Management and general expenses 1,443. Fundraising expenses 184. Total expenses 13,628. Panelists: program service expenses 2,818. Management and general expenses 339. Fundraising expenses 43. Total expenses 3,200.

FORM 990, PART XI, LINE 9:

Bad debt expense -34,356.

FORM 990, PART XII, LINE 2C:

The oversight process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization is a not-for-profit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code and, accordingly, is not liable for federal and state income taxes. The organization follows standards that provide clarification on accounting for uncertainty in income taxes recognized in the organization's financial statements. The guidance prescribes a recognition threshold and measurement attribute for the recognition and measurement of a tax position taken or expected to be taken in a tax return, and also provides guidance on derecognition, classification, interest and penalties, disclosure and transition. The organization's policy is to recognize interest and penalties on unrecognized tax benefits in income tax expense. No interest and penalties were recorded during 2024 and 2023. At june 30, 2024 and 2023, there are no significant income tax uncertainties.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

BAD DEBT EXPENSE 34,356.

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IRS990/Form990PartVIISectionAGrp/PersonNm6ANDREW COOMBS
IRS990/Form990PartVIISectionAGrp/PersonNm7RICHARD GROSSKLAUS
IRS990/Form990PartVIISectionAGrp/PersonNm8DONNA WALKER-KUHNE
IRS990/Form990PartVIISectionAGrp/PersonNm9DUPRE KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm10MANUEL J ANTUNES
IRS990/Form990PartVIISectionAGrp/PersonNm11CHISA B HUTCHINSON
IRS990/Form990PartVIISectionAGrp/PersonNm12RYAN A MONROE
IRS990/Form990PartVIISectionAGrp/PersonNm13KITAB I ROLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm14JOSEPH LEE
IRS990/Form990PartVIISectionAGrp/PersonNm15REGINA BARBOZA
IRS990/Form990PartVIISectionAGrp/PersonNm16LAUREN CRAIG
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IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF DEVELOPMENT AN
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd00
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IRS990/MissionDesc0NEWARK ARTS' MISSION IS TO POWER THE ARTS TO TRANSFORM THE LIVES OF THOSE WHO LIVE IN, WORK IN, AND VISIT NEWARK.
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IRS990/OfficerMailingAddressInd00
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IRS990/ProgSrvcAccomActy2Grp/Desc0ARTS ED NEWARK, CREATED UNDER THE UMBRELLA OF NEWARK ARTS, IS A STRATEGIC ALLIANCE OF 90+ EDUCATION STAKEHOLDERS, INCLUDING PUBLIC, CHARTER, AND PRIVATE SCHOOLS; ARTISTS; ARTS AND CULTURAL ORGANIZATIONS; YOUTH AND COMMUNITY DEVELOPMENT ENTITIES; BUSINESSES; FUNDERS; AND STATE AND LOCAL GOVERNMENT AGENCIES. AEN COLLABORATES TO ENSURE THAT ALL CHILDREN IN GRADES PRE-K THROUGH 12 HAVE EQUITABLE ACCESS TO HIGH QUALITY, SEQUENTIAL ARTS EDUCATION OPPIRTUNITIES, BOTH IN AND OUT OF SCHOOL.
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt096913
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt06815
IRS990/ProgSrvcAccomActy3Grp/Desc0NEWARK'S LARGEST FESTIVAL OF VISUAL ARTS AND OTHER ART FORMS. IN 2022, NEWARK ARTS FESTIVAL: ARTFUL HEALING OPENING NIGHT DREW MORE THAN 1,000 VISITORS AT THE NEWARK MUSEUM OF ART (NMOA). FOR THE FIRST TIME EVER, THE MUSEUM HOSTED THE FESTIVAL'S MAIN GROUP EXHIBITION IN ONE OF ITS GALLERIES. IN 2021, THE NEWARK ARTS FESTIVAL: CREATIVE RESILIENCE RETURNED TO AN IN-PERSON, 2-MONTH LONG EVENT THAT ATTRACTED NEARLY 10,000 ATTENDEES THROUGHOUT THE CITY. CENTERED IN AN 18,000 SQUARE-FOOT HAHNE & CO. BUILDING RETAIL SPACE, THE FESTIVAL CREATED A POST-COVID DOWNTOWN DESTINATION AND GARNERED BROADCAST AND NATIONAL PRINT COVERAGE FOR ITS DIONNE WARWICK: QUEEN OF TWITTER FEATURE EXHIBIT AND GALLERY OF 158 WORKS BY LOCAL ARTISTS.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt09900
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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02026929
IRS990/PYExcessBenefitTransInd00
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IRS990/PYInvestmentIncomeAmt00
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IRS990/PYOtherRevenueAmt00
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IRS990/PYRevenuesLessExpensesAmt0-263846
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/RevenueAmt028868
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2019 AMOUNT: $ 15,269. 2020 AMOUNT: $ 3,500.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02168372
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt096
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0140
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0328
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0435623
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt018769
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02205333
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02528572

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