Is New Jersey Performing Arts Center Corporation Legit?
Quick charity verification for New Jersey Performing Arts Center Corporation (EIN: 222889703)
Verdict: New Jersey Performing Arts Center Corporation appears trustworthy
75/100Mission Score
$115.4MRevenue
$349.3MAssets
2Red Flags
3Strengths
Red Flags
Revenue has shown significant volatility over the past five years, ranging from $34.2 million in 2021 to $115.4 million in 2023, indicating potential reliance on fluctuating funding sources or event-driven income.
The organization reported zero percent compensation from related organizations, which could be a red flag if there are undisclosed related party transactions.
Strengths
The organization maintains a very strong asset base, growing from $198.6 million in 2016 to $349.3 million in 2023, providing significant financial stability.
Despite revenue fluctuations, the organization consistently reports positive net assets, demonstrating sound financial management.
The mission to provide arts and education programs is clearly articulated and supported by program expenses.
Spending Breakdown
How New Jersey Performing Arts Center Corporation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
15%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about New Jersey Performing Arts Center Corporation
Is New Jersey Performing Arts Center Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, New Jersey Performing Arts Center Corporation (EIN: 222889703) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is New Jersey Performing Arts Center Corporation a good charity to donate to?
New Jersey Performing Arts Center Corporation has a Mission Score of 75/100. Revenue: $115.4M. Assets: $349.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Jersey Performing Arts Center Corporation?
The Employer Identification Number (EIN) for New Jersey Performing Arts Center Corporation is 222889703. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does New Jersey Performing Arts Center Corporation spend its money?
New Jersey Performing Arts Center Corporation allocates 70% to programs, 15% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Jersey Performing Arts Center Corporation's tax-exempt status?
You can verify New Jersey Performing Arts Center Corporation's tax-exempt status using EIN 222889703 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
New Jersey Performing Arts Center Corporation is a arts, culture & humanities nonprofit based in Newark, New Jersey, with reported revenue of $115.4M and assets of $349.3M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. The CEO's compensation of $1,000,000 in 2023, while substantial, is within a reasonable range for a large cultural institution with over $100 million in revenue and significant assets. Revenue has grown +208% across 13 filing periods.