Civic Intelligence

New Brunswick Cultural Center Inc

EIN 22-2456189 • 501(c)3 • New Brunswick, NJ

Profile

Stimulate the cultural development

9 Livingston Avenue PO Box 233New Brunswick, NJ 08903

www.newbrunswickarts.org

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.68x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

98th percentile

23.41x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

4th percentile

-78%

Higher net margin than 4% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

16th percentile

$15,000

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

22nd percentile

-3.4%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

32nd percentile

-0.6%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$13,816,648

Down $490,014 (-3.4%) from 2021

Liabilities

Down

$9,392,756

Down $177,244 (-1.9%) from 2021

Net Assets

Down

$4,423,892

Down $312,770 (-6.6%) from 2021

Revenue

Down

$401,219

Down $2,302 (-0.6%) from 2021

Expenses

Up

$713,988

Up $59,169 (+9.0%) from 2021

Net Income

Down

-$312,769

Down $61,471 (-24%) from 2021

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $8,266,205Liabilities 2010: $955,380Net Assets 2010: $7,310,8252010Assets 2011: $8,038,287Liabilities 2011: $786,052Net Assets 2011: $7,252,2352011Assets 2012: $7,153,012Liabilities 2012: $782,900Net Assets 2012: $6,370,1122012Assets 2013: $7,229,120Liabilities 2013: $1,070,320Net Assets 2013: $6,158,8002013Assets 2014: $7,546,537Liabilities 2014: $1,974,262Net Assets 2014: $5,572,2752014Assets 2015: $6,692,402Liabilities 2015: $1,854,042Net Assets 2015: $4,838,3602015Assets 2016: $6,969,051Liabilities 2016: $2,859,102Net Assets 2016: $4,109,9492016Assets 2017: $8,743,412Liabilities 2017: $5,083,289Net Assets 2017: $3,660,1232017Assets 2018: $16,653,315Liabilities 2018: $11,380,813Net Assets 2018: $5,272,5022018Assets 2019: $15,178,992Liabilities 2019: $10,086,310Net Assets 2019: $5,092,6822019Assets 2020: $14,746,234Liabilities 2020: $9,758,274Net Assets 2020: $4,987,9602020Assets 2021: $14,306,662Liabilities 2021: $9,570,000Net Assets 2021: $4,736,6622021Assets 2022: $13,816,648Liabilities 2022: $9,392,756Net Assets 2022: $4,423,8922022

Highlighted filing

2022

Assets$13,816,648
Liabilities$9,392,756
Net Assets$4,423,892

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,502,9092010Expenses 2011: $1,329,5152011Revenue 2012: $647,123Expenses 2012: $1,529,246Net Income 2012: -$882,1232012Expenses 2013: $1,434,0032013Revenue 2014: $982,345Expenses 2014: $1,568,870Net Income 2014: -$586,5252014Revenue 2015: $834,926Expenses 2015: $1,563,463Net Income 2015: -$728,5372015Revenue 2016: $772,001Expenses 2016: $1,500,412Net Income 2016: -$728,4112016Revenue 2017: $967,714Expenses 2017: $1,425,146Net Income 2017: -$457,4322017Revenue 2018: $527,631Expenses 2018: $339,188Net Income 2018: $188,4432018Revenue 2019: $442,968Expenses 2019: $622,788Net Income 2019: -$179,8202019Revenue 2020: $402,962Expenses 2020: $638,850Net Income 2020: -$235,8882020Revenue 2021: $403,521Expenses 2021: $654,819Net Income 2021: -$251,2982021Revenue 2022: $401,219Expenses 2022: $713,988Net Income 2022: -$312,7692022

Highlighted filing

2022

Revenue$401,219
Expenses$713,988
Net Income-$312,769

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$13.8$9.39$4.42$0.40$0.71$0.31
2021Detailed filing. Detailed filing data is available for this year.$14.3$9.57$4.74$0.40$0.65$0.25
2020Detailed filing. Detailed filing data is available for this year.$14.7$9.76$4.99$0.40$0.64$0.24
2019Detailed filing. Detailed filing data is available for this year.$15.2$10.1$5.09$0.44$0.62$0.18
2018Detailed filing. Detailed filing data is available for this year.$16.7$11.4$5.27$0.53$0.34$0.19
2017Detailed filing. Detailed filing data is available for this year.$8.74$5.08$3.66$0.97$1.43$0.46
2016Detailed filing. Detailed filing data is available for this year.$6.97$2.86$4.11$0.77$1.50$0.73
2015Detailed filing. Detailed filing data is available for this year.$6.69$1.85$4.84$0.83$1.56$0.73
2014Detailed filing. Detailed filing data is available for this year.$7.55$1.97$5.57$0.98$1.57$0.59
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.23$1.07$6.16$1.43
2012Summary only. Only limited summary data is available for this year.$7.15$0.78$6.37$0.65$1.53$0.88
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.04$0.79$7.25$1.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.27$0.96$7.31$1.50
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2020
Return Version
2021v4.2
Gross Receipts
$401,219
Mission and Program Overview

Mission

Stimulate the cultural development and economic growth of arts and entertainment within the city of new brunswick.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,562,822$1,179,701▼ $383,121
Cash and Non-Interest-Bearing Accounts$365,587$261,947▼ $103,640
Prepaid Expenses and Deferred Charges$3,253--
Total Assets$14,306,662$13,816,648▼ $490,014
Other Assets Total$12,375,000$12,375,000→ $0
Liabilities
Deferred Revenue$9,570,000$9,390,000▼ $180,000
Accounts Payable and Accrued Expenses-$2,756-
Total Liabilities$9,570,000$9,392,756▼ $177,244
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,736,662$4,423,892▼ $312,770
Total Net Assets Fund Balance$4,736,662$4,423,892▼ $312,770
Total Liabilities and Net Assets / Fund Balance$14,306,662$13,816,648▼ $490,014

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,179,701$8,651,035$9,830,736
Other Assets Org$12,375,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
TRACEY O'REGGIO CLARKInterim Executive DirectorPT$15,000$15,000

Board Members and Trustees

NameTitle
Thomas KelsoChairperson
Gary HoaglandVice Chair/secretary
James HestonTrustee
John FitzgeraldTrustee
Carl Van HornTrusteee
Carol HerbertTrusteee
Charles MetcalfTrusteee
Steven DarienTrusteee
William HagamanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$219,219
Program Service Revenue
$182,000
Investment Income
$0
Other Revenue
$0
All Other Contributions
$17,344
Change in Net Assets
$-312,769
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$663,524
Salaries, Compensation, and Employee Benefits$50,464
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion-$383,121-$383,121
Other Expenses$72,584--$72,584
Other Salaries and Wages-$31,476-$31,476
Office Expenses-$31,141-$31,141
Fees for Services Other-$17,344-$17,344
Current Officers, Directors, Trustees, and Key Employees-$15,000-$15,000
Insurance-$6,955-$6,955
All Other Expenses-$6,471-$6,471
Payroll Taxes-$3,988-$3,988
Travel-$402-$402
Total Functional Expenses$218,090$495,898$0$713,988
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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 B, Line 11B

The executive director reviews a drat of the form 990 with the members of the board of trustees prior to the filing of the form.

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

The board members are provided a conflict of interest declaration form at the annual meeting and disclose conflicts, if any, at that time and also throughout the year, should any arise.

Form 990, Part VI, Section B, Line 15A

L15a. Executive director compensation is reviewed by the board and is determined by analysis of the responsibilities and duties performed, level of peformance and related salary survey information.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
New Brunswick Cultural Center Inc
EIN
22-2456189
Phone
7322492220
Address
9 LIVINGSTON AVENUE PO BOX 233, NEW BRUNSWICK, NJ 08903

Signing Officer

Name
Thomas Kelso
Title
Chairperson
Phone
7322492220
Signed
2020-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Kelso
Formed
1982
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
20 COMMERCE DRIVE SUITE 301, CRANFORD, NJ 07016-3618
Preparer
Andrew G Hodulik
Phone
9082726200
Raw XML Appendix399 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0290000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01158281
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IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus4YearsAmt07354
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt067468
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0337
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0718
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02549
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03604
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0182000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0180000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0184212
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0190385
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0227729
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0337
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IRS990ScheduleA/InvestmentIncomeCYPct00.00160
IRS990ScheduleA/InvestmentIncomePYPct00.00220
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IRS990ScheduleA/PublicSupportCY509Pct00.99840
IRS990ScheduleA/PublicSupportPY509Pct00.99780
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MONITORING PROCESS INCLUDES REVIEW BY MANAGEMENT AND THE BOARD OF TRUSTESS OVER THE USE OF GRANT FUNDS.
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IRS990/ScheduleJRequiredInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR REVIEWS A DRAT OF THE FORM 990 WITH THE MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO THE FILING OF THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS ARE PROVIDED A CONFLICT OF INTEREST DECLARATION FORM AT THE ANNUAL MEETING AND DISCLOSE CONFLICTS, IF ANY, AT THAT TIME AND ALSO THROUGHOUT THE YEAR, SHOULD ANY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2L15A. EXECUTIVE DIRECTOR COMPENSATION IS REVIEWED BY THE BOARD AND IS DETERMINED BY ANALYSIS OF THE RESPONSIBILITIES AND DUTIES PERFORMED, LEVEL OF PEFORMANCE AND RELATED SALARY SURVEY INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990/USAddress/AddressLine1Txt09 LIVINGSTON AVENUE PO BOX 233
IRS990/USAddress/CityNm0NEW BRUNSWICK
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IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.NEWBRUNSWICKARTS.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS KELSO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRPERSON
ReturnHeader/BusinessOfficerGrp/PhoneNum07322492220
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW BRUNSWICK CULTURAL CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWB
ReturnHeader/Filer/EIN0222456189
ReturnHeader/Filer/PhoneNum07322492220
ReturnHeader/Filer/USAddress/AddressLine1Txt09 LIVINGSTON AVENUE PO BOX 233
ReturnHeader/Filer/USAddress/CityNm0NEW BRUNSWICK
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0873231666
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PKF O'CONNOR DAVIES ADVISORY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020 COMMERCE DRIVE SUITE 301
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CRANFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0070163618
ReturnHeader/PreparerPersonGrp/PhoneNum09082726200
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW G HODULIK
ReturnHeader/ReturnTs02023-05-15T09:53:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0THOMAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KELSO
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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