Civic Intelligence

Garden State Arts Foundation Inc.

990 • Fiscal year 2019 • EIN 22-2543658

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 30, 2020

1 Turnpike PlazaWoodbridge, NJ 07095

(732) 750-5300

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

37th percentile

0.01x

Higher debt load relative to assets than 37% of similar nonprofits.

2019 filings • NTEE A • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

33rd percentile

0.01x

Higher debt load relative to revenue than 33% of similar nonprofits.

2019 filings • NTEE A • $500k-$1M nonprofits • Source year 2019

Net Margin

67th percentile

11%

Higher net margin than 67% of similar nonprofits.

2019 filings • NTEE A • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

98th percentile

$171,612

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 24.8% of source-year revenue.

2019 filings • NTEE A • $500k-$1M nonprofits • Source year 2019

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

2019 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

59th percentile

9.7%

Faster revenue growth than 59% of similar nonprofits.

2019 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$686,781

Up $73,727 (+12%) from 2018

Net Assets

Up

$680,191

Up $73,607 (+12%) from 2018

Liabilities

Up

$6,590

Up $120 (+1.9%) from 2018

Revenue

Up

$692,620

Up $61,458 (+9.7%) from 2018

Expenses

Down

$619,013

Down $124,382 (-17%) from 2018

Net Income

Up

$73,607

Up $185,840 (+166%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $936,311Liabilities 2010: $1,447Net Assets 2010: $934,8642010Assets 2011: $1,195,903Liabilities 2011: $6,000Net Assets 2011: $1,189,9032011Assets 2012: $1,159,708Liabilities 2012: $0Net Assets 2012: $1,159,7082012Assets 2013: $1,114,381Liabilities 2013: $0Net Assets 2013: $1,114,3812013Assets 2014: $975,061Liabilities 2014: $0Net Assets 2014: $975,0612014Assets 2015: $739,015Liabilities 2015: $2,500Net Assets 2015: $736,5152015Assets 2016: $805,382Liabilities 2016: $7,000Net Assets 2016: $798,3822016Assets 2017: $735,457Liabilities 2017: $16,640Net Assets 2017: $718,8172017Assets 2018: $613,054Liabilities 2018: $6,470Net Assets 2018: $606,5842018Assets 2019: $686,781Liabilities 2019: $6,590Net Assets 2019: $680,1912019Assets 2020: $1,189,928Liabilities 2020: $7,508Net Assets 2020: $1,182,4202020Assets 2021: $1,439,532Liabilities 2021: $1,289Net Assets 2021: $1,438,2432021Assets 2022: $1,277,791Liabilities 2022: $1,200Net Assets 2022: $1,276,5912022Assets 2023: $1,156,336Liabilities 2023: $1,350Net Assets 2023: $1,154,9862023Assets 2024: $717,475Liabilities 2024: $95,009Net Assets 2024: $622,4662024

Highlighted filing

2019

Assets$686,781
Liabilities$6,590
Net Assets$680,191

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2010: $493,8472010Expenses 2011: $607,2522011Expenses 2012: $519,7132012Revenue 2013: $501,201Expenses 2013: $547,480Net Income 2013: -$46,2792013Revenue 2014: $525,636Expenses 2014: $665,493Net Income 2014: -$139,8572014Revenue 2015: $535,605Expenses 2015: $774,151Net Income 2015: -$238,5462015Revenue 2016: $632,713Expenses 2016: $570,846Net Income 2016: $61,8672016Revenue 2017: $633,446Expenses 2017: $713,011Net Income 2017: -$79,5652017Revenue 2018: $631,162Expenses 2018: $743,395Net Income 2018: -$112,2332018Revenue 2019: $692,620Expenses 2019: $619,013Net Income 2019: $73,6072019Revenue 2020: $519,873Expenses 2020: $17,644Net Income 2020: $502,2292020Revenue 2021: $612,014Expenses 2021: $356,191Net Income 2021: $255,8232021Revenue 2022: $633,224Expenses 2022: $794,876Net Income 2022: -$161,6522022Revenue 2023: $665,596Expenses 2023: $787,201Net Income 2023: -$121,6052023Revenue 2024: $703,831Expenses 2024: $1,236,351Net Income 2024: -$532,5202024

Highlighted filing

2019

Revenue$692,620
Expenses$619,013
Net Income$73,607
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 30, 2020
Return Version
2019v5.1
Gross Receipts
$692,620
Mission and Program Overview

Mission

Provides free classical/cultural/musical programming for school children, senior citizens, families and the general public; awards scholarships for students pursuing a performing arts undergraduate degree. For more information, see schedule o.

The foundation provides free classical/ cultural/musical programming for school children, senior citizens, families and the general public. See part iii and schedule o.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$613,054$686,309▲ $73,255
Prepaid Expenses and Deferred Charges$0$472▲ $472
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$613,054$686,781▲ $73,727
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$6,470$6,590▲ $120
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$6,470$6,590▲ $120
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$606,584$605,191▼ $1,393
Net Assets With Donor Restrictions$0$75,000▲ $75,000
Total Net Assets Fund Balance$606,584$680,191▲ $73,607
Total Liabilities and Net Assets / Fund Balance$613,054$686,781▲ $73,727
Compensation and Service Providers

Employees

NameTitleOtherTotal
louis polise thru 81assistant treasurer$153,140$153,140
Karen Yeung Beg 819Assistant Treasurer$121,315$121,315

Board Members and Trustees

NameTitle
Diane Gutierrez-scacceChair
michael r dupontpresident
ronald r gravinovice president
mariann zachassistant secretary
louis polise thru 819assistant treasurer
Raphael SalermoMember
raymond m pocinomember
ulises e diazsecretary
john d minellaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$685,323
Program Service Revenue
$0
Investment Income
$7,297
Other Revenue
$0
All Other Contributions
$685,323
Change in Net Assets
$73,607

Audited Revenue Reconciliation

Revenue per Audited Statements
$692,620
Total Revenue per Audited Statements
$692,620
Total Revenue per Form 990
$692,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$596,513
Grants and Similar Amounts Paid$22,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$480,937$32,300-$513,237
Grants to Domestic Individuals$22,500--$22,500
Insurance-$19,917-$19,917
Office Expenses$10,767--$10,767
Advertising$10,000--$10,000
Fees for Services Management-$8,310-$8,310
Fees for Services Accounting-$6,500-$6,500
Royalties$875--$875
Other Expenses$26,525$361-$361
Information Technology-$21-$21
Total Functional Expenses$551,604$67,409$0$619,013

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$619,013
Total Expenses per Audited Statements$619,013
Total Expenses per Form 990$619,013
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Garden State Arts Foundation Inc
EIN
22-2543658
In Care Of
% LOUIS POLISE
Phone
7327505300
Address
1 Turnpike Plaza, WOODBRIDGE, NJ 07095

Signing Officer

Name
Karen Yeung
Title
Assistant Treasurer
Phone
7327505300
Signed
2020-03-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael R Dupont
Formed
1984
Legal Domicile
Nj
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
40

Preparer

Firm
Kpmg Llp
Address
345 Park Avenue, New York, NY 10154-0102
Preparer
David M Highfill
Phone
2127589700
Supplemental Narrative

Additional Explanations

ORGANIZATION'S MISSION

Part i, line 1 the garden state arts foundation, inc., a 501(c)(3) non-profit organization, was established in 1984. The foundation provides free programs for school children, senior citizens and families at the pnc bank arts center in holmdel and at various outreach locations throughout the state. The foundation, endeavoring to maintain a classical/cultural performance presence at the arts center, also annually underwrites traditional musical programs free-of-charge which are open to all. Through its thomas h. Kean scholarship program, the foundation annually awards scholarships to students attending new jersey colleges/universities and pursuing performing arts undergraduate degrees. Form 990, part iii, line 4a: support for educational and charitable activities. The foundation provides free classical/cultural/musical programming for school children, senior citizens, families and the general public. The foundation also publishes and circulates a senior magazine to its members. Form 990, part iii, line 4b: the annual scholarship program provided scholarships to nine students pursuing an undergraduate degree with a concentration in the performing arts at four-year colleges and universities in new jersey. Each student must be a u.s. Citizen and a new jersey resident. All candidates must have completed sixty credits and have declared his/her major. The student must be registered for a minimum of six credits for the upcoming term/semester immediately following the award. The foundation reviews the recommended candidates and makes the final determination of awards.

Review of Form 990

Form 990, part vi, section b, line 11: the foundation's form 990 is prepared and reviewed by an independent accounting firm. Prior to submitting the foundation's form 990 to the irs, the form is reviewed by the assistant treasurer and assistant secretary of the garden state arts foundation (foundation). Both assistant treasurer and the assistant secretary serve as officers of the foundation. In addition, a final draft of the form 990 as it will be filed with the irs is provided to each board member prior to filing.

Organization Policies

Form 990, part vi, section b, lines 12, 13 and 14: the foundation board did not formally adopt a conflict of interest policy, whistleblower policy or document retention policy during the tax year; however, the foundation adheres to the form 990, part vi, section b, lines 12, 13 and 14 policies established by the new jersey turnpike authority, a related organization, for each of these areas. Members of the turnpike board of commissioners also sit on the foundation board of members.

Compensation Review

Form 990, part vi, section b, question 15: payment of officersdirectors' compensation and benefits reported on part vii is made by a related organization, new jersey turnpike authority. All officers and trustees are working as volunteers of the foundation and do not receive compensation from garden state arts foundation, inc.

Public Disclosure of Governing Documents

Form 990, part vi, section c, question 19: requests for information by the public are addressed on a case-by-case basis.

Form 990 Part IX Line 11G

Description:cost of talent total fees:273586

Form 990 Part IX Line 11G

Description:state police total fees:9751

Form 990 Part IX Line 11G

Description:stage hands total fees:115361

Form 990 Part IX Line 11G

Description:catering total fees:13646

Form 990 Part IX Line 11G

Description:venue production total fees:13029

Form 990 Part IX Line 11G

Description:piano tuning total fees:360

Form 990 Part IX Line 11G

Description:security total fees:18470

Form 990 Part IX Line 11G

Description:parking attendants total fees:5916

Form 990 Part IX Line 11G

Description:ushers total fees:13408

Form 990 Part IX Line 11G

Description:cleaners total fees:13643

Form 990 Part IX Line 11G

Description:nurse/medical total fees:3767

Form 990 Part IX Line 11G

Description:admin overhead total fees:32300

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IRS990/GrantsPayableGrp/EOYAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0692620
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IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt021
IRS990/InformationTechnologyGrp/TotalAmt021
IRS990/InsuranceGrp/ManagementAndGeneralAmt019917
IRS990/InsuranceGrp/TotalAmt019917
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt07297
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07297
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
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IRS990/IRPDocumentCnt08
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IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDES FREE CLASSICAL/CULTURAL/MUSICAL PROGRAMMING FOR SCHOOL CHILDREN, SENIOR CITIZENS, FAMILIES AND THE GENERAL PUBLIC; AWARDS SCHOLARSHIPS FOR STUDENTS PURSUING A PERFORMING ARTS UNDERGRADUATE DEGREE. FOR MORE INFORMATION, SEE SCHEDULE O.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0606584
IRS990/NetAssetsOrFundBalancesEOYAmt0680191
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0606584
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0605191
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt010767
IRS990/OfficeExpensesGrp/TotalAmt010767
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0RENTALS
IRS990/OtherExpensesGrp/Desc1ANNUAL REPORT FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0361
IRS990/OtherExpensesGrp/ProgramServicesAmt026525
IRS990/OtherExpensesGrp/TotalAmt026525
IRS990/OtherExpensesGrp/TotalAmt1361
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0472
IRS990/PrincipalOfficerNm0MICHAEL R DUPONT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ANNUAL SCHOLARSHIP PROGRAM PROVIDED SCHOLARSHIPS TO NINE STUDENTS PURSUING AN UNDERGRADUATE DEGREE WITH A CONCENTRATION IN THE PERFORMING ARTS AT FOUR-YEAR COLLEGES AND UNIVERSITIES IN NEW JERSEY. EACH STUDENT MUST BE A U.S. CITIZEN AND A NEW JERSEY RESIDENT. ALL CANDIDATES MUST HAVE COMPLETED SIXTY CREDITS AND HAVE DECLARED HIS/HER MAJOR. THE STUDENT MUST BE REGISTERED FOR A MINIMUM OF SIX CREDITS FOR THE UPCOMING TERM/SEMESTER IMMEDIATELY FOLLOWING THE AWARD. THE FOUNDATION REVIEWS THE RECOMMENDED CANDIDATES AND MAKES THE FINAL DETERMINATION OF AWARDS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt022500
IRS990/ProgSrvcAccomActy2Grp/GrantAmt022500
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0624555
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt022500
IRS990/PYInvestmentIncomeAmt06607
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0720895
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-112233
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0743395
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0631162
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt073607
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/ProgramServicesAmt0875
IRS990/RoyaltiesGrp/TotalAmt0875
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0613054
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0686309
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0true
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FORM 990, SCHEDULE A, PART IV, LINE 2: THE FOUNDATION DETERMINED THAT THE NEW JERSEY TURNPIKE AUTHORITY WAS DESCRIBED IN SECTION 509(A)(1) BY REVIEWING TYPES OF ORGANIZATIONS DESCRIBED IN IRC SECTION 170(B)(1)(A). THE NEW JERSEY TURNPIKE AUTHORITY IS A POLITICAL SUBDIVISION OF THE STATE OF NEW JERSEY DESCRIBED IN IRC SECTION 170(B)(1)(A)(V).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPORTED ORGANIZATION
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0226002951
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NEW JERSEY TURNPIKE AUTHORITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0619013
IRS990ScheduleD/RevenueSubtotalAmt0692620
IRS990ScheduleD/TotalExpensesPerForm990Amt0619013
IRS990ScheduleD/TotalRevenuePerForm990Amt0692620
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0692620
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0619013
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt022500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0THOMAS H KEAN SCHOLARSHIP FUND
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt09
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0FORM 990, SCHEDULE I, PART I, Line 2: THE ANNUAL SCHOLARSHIP PROGRAM PROVIDED SCHOLARSHIPS TO NINE STUDENTS PURSUING AN UNDERGRADUATE DEGREE WITH A CONCENTRATION IN THE PERFORMING ARTS AT FOUR-YEAR COLLEGES AND UNIVERSITIES IN NEW JERSEY. EACH STUDENT MUST BE A U.S. CITIZEN AND A NEW JERSEY RESIDENT. ALL CANDIDATES MUST HAVE COMPLETED SIXTY CREDITS AND HAVE DECLARED HIS/HER MAJOR. THE STUDENT MUST BE REGISTERED FOR A MINIMUM OF SIX CREDITS FOR THE UPCOMING TERM/SEMESTER IMMEDIATELY FOLLOWING THE AWARD. ON THE CRITERIA NOTED ABOVE, THE FOUNDATION REVIEWS THE RECOMMENDED CANDIDATES AND MAKES THE FINAL DETERMINATION OF AWARDS. ONCE A FINAL DETERMINATION IS MADE, AWARD CHECKS WILL BE MADE PAYABLE DIRECTLY TO THE COLLEGE/UNIVERSITY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0DESCRIPTION OF ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANTS
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0118884
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1109423
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.72$0.10$0.62$0.70$1.24$0.53
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.00$1.15$0.67$0.79$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.00$1.28$0.63$0.79$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.00$1.44$0.61$0.36$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.01$1.18$0.52$0.02$0.50
2019Detailed filing. Detailed filing data is available for this year.$0.69$0.01$0.68$0.69$0.62$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.01$0.61$0.63$0.74$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.02$0.72$0.63$0.71$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.01$0.80$0.63$0.57$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.00$0.74$0.54$0.77$0.24
2014Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.53$0.67$0.14
2013Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.50$0.55$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.00$1.16$0.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.01$1.19$0.61
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.00$0.93$0.49