New Jersey Festival Orchestra
New Jersey Festival Orchestra: Consistent Artistic Presence with Financial Fluctuations
EIN: 222432213 · Westfield, NJ · Updated: 2026-04-04
About New Jersey Festival Orchestra
New Jersey Festival Orchestra (EIN: 222432213) is a nonprofit organization based in Westfield, NJ. The organization reported total revenue of $746K and total assets of $503K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Festival Orchestra's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Jersey Festival Orchestra with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, New Jersey Festival Orchestra allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating either volunteer leadership or compensation below reporting thresholds, which warrants further inquiry.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New Jersey Festival Orchestra's IRS 990 filings:
- The organization's net assets have fluctuated significantly, from $524,535 in 2021 to $456,416 in 2023, indicating potential instability or strategic asset utilization.
- While revenue has generally increased from $351,901 in 2021 to $715,563 in 2023, expenses have also risen, leading to varying net income each year.
Strengths
The following positive indicators were identified for New Jersey Festival Orchestra:
- The New Jersey Festival Orchestra has a long operational history, with consistent filings dating back to 2016, demonstrating sustained commitment to its mission.
- Despite financial fluctuations, the organization has consistently maintained positive net assets, indicating a degree of financial resilience.
- The consistent reporting of $0 for executive compensation suggests a highly volunteer-driven model or efficient use of resources for administrative overhead.
Frequently Asked Questions about New Jersey Festival Orchestra
What does New Jersey Festival Orchestra do?
New Jersey Festival Orchestra is a nonprofit organization in the Unknown sector, located in Westfield, New Jersey. It is classified under NTEE code Unknown.
How much revenue does New Jersey Festival Orchestra have?
New Jersey Festival Orchestra reported total revenue of $745,955. Based on 13 IRS 990 filings on record.
What are New Jersey Festival Orchestra's total assets?
New Jersey Festival Orchestra holds total assets of $503,147 as reported in IRS 990 filings.
Where is New Jersey Festival Orchestra located?
New Jersey Festival Orchestra is based in Westfield, New Jersey.
What is New Jersey Festival Orchestra's EIN?
New Jersey Festival Orchestra's Employer Identification Number (EIN) is 222432213. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Jersey Festival Orchestra?
New Jersey Festival Orchestra is classified under NTEE code Unknown (Unknown).
Is New Jersey Festival Orchestra a registered 501(c)(3)?
New Jersey Festival Orchestra appears in IRS records (EIN: 222432213). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Jersey Festival Orchestra file IRS Form 990?
Yes, New Jersey Festival Orchestra has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was New Jersey Festival Orchestra's revenue in 2023?
In the 202306 filing period, New Jersey Festival Orchestra reported total revenue of $715,563, total expenses of $759,063, and net assets of $456,416.
Is New Jersey Festival Orchestra's revenue growing or declining?
New Jersey Festival Orchestra's revenue is growing. Revenue went from $528,365 (202206) to $715,563 (202306), a +35.4% change. Based on 13 filings on record.
What is New Jersey Festival Orchestra's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey Festival Orchestra covers tax period 202306. It shows revenue of $715,563, expenses of $759,063, total assets of $456,416, and liabilities of $7,943.
How much does New Jersey Festival Orchestra spend on programs vs administration?
Based on IRS 990 analysis, New Jersey Festival Orchestra allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is New Jersey Festival Orchestra a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey Festival Orchestra appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for New Jersey Festival Orchestra?
The following concerns were identified: The organization's net assets have fluctuated significantly, from $524,535 in 2021 to $456,416 in 2023, indicating potential instability or strategic asset utilization.. While revenue has generally increased from $351,901 in 2021 to $715,563 in 2023, expenses have also risen, leading to varying net income each year.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Jersey Festival Orchestra's strengths?
Positive indicators for New Jersey Festival Orchestra include: The New Jersey Festival Orchestra has a long operational history, with consistent filings dating back to 2016, demonstrating sustained commitment to its mission.. Despite financial fluctuations, the organization has consistently maintained positive net assets, indicating a degree of financial resilience.. The consistent reporting of $0 for executive compensation suggests a highly volunteer-driven model or efficient use of resources for administrative overhead.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey Festival Orchestra compensate executives?
Executive compensation is reported as $0 across all available filings, indicating either volunteer leadership or compensation below reporting thresholds, which warrants further inquiry. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported $0 executive compensation, how does the organization ensure effective leadership and operational management, and what mechanisms are in place for succession planning?
The consistent reporting of $0 for executive compensation suggests that leadership roles may be filled by volunteers or individuals compensated below IRS reporting thresholds. This model can be sustainable if there's a strong volunteer base and clear operational structures, but it raises questions about the long-term sustainability of leadership and the formal processes for leadership transitions and strategic oversight.
What specific strategies are being employed to manage the fluctuations in net assets, particularly the decrease from $524,535 in 2021 to $456,416 in 2023, and how do these strategies align with the organization's long-term financial health?
The fluctuations in net assets could be due to various factors, including investment performance, capital expenditures, or strategic spending on programs. Understanding the specific causes and the organization's financial management policies, such as endowment management or reserve fund strategies, would clarify their approach to maintaining financial stability and growth.
Filing History
IRS 990 filing history for New Jersey Festival Orchestra showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Jersey Festival Orchestra's revenue has grown by 16.8%, moving from $613K to $716K. Total assets increased by 59.5% over the same period, from $286K to $456K. Total functional expenses rose by 30.7%, from $581K to $759K. In its most recent filing year (2023), New Jersey Festival Orchestra reported a deficit of $44K, with expenses exceeding revenue. The organization holds $8K in liabilities against $456K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $448K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $716K | $759K | $456K | $8K | — | — |
| 2022 | $528K | $563K | $486K | $14K | — | View 990 |
| 2021 | $352K | $319K | $525K | $106K | — | View 990 |
| 2020 | $526K | $507K | $502K | $116K | — | View 990 |
| 2019 | $783K | $614K | $378K | $14K | — | View 990 |
| 2018 | $548K | $546K | $285K | $90K | — | View 990 |
| 2017 | $608K | $587K | $311K | $125K | — | — |
| 2016 | $589K | $577K | $297K | $141K | — | View 990 |
| 2015 | $645K | $648K | $311K | $167K | — | View 990 |
| 2014 | $619K | $642K | $276K | $128K | — | View 990 |
| 2013 | $699K | $674K | $256K | $85K | — | View 990 |
| 2012 | $550K | $545K | $277K | $131K | — | View 990 |
| 2011 | $613K | $581K | $286K | $146K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $716K, expenses of $759K, and assets of $456K (revenue +35.4% year-over-year).
- 2022: Revenue of $528K, expenses of $563K, and assets of $486K (revenue +50.1% year-over-year).
- 2021: Revenue of $352K, expenses of $319K, and assets of $525K (revenue -33.1% year-over-year).
- 2020: Revenue of $526K, expenses of $507K, and assets of $502K (revenue -32.8% year-over-year).
- 2019: Revenue of $783K, expenses of $614K, and assets of $378K (revenue +42.9% year-over-year).
- 2018: Revenue of $548K, expenses of $546K, and assets of $285K (revenue -9.9% year-over-year).
- 2017: Revenue of $608K, expenses of $587K, and assets of $311K (revenue +3.2% year-over-year).
- 2016: Revenue of $589K, expenses of $577K, and assets of $297K (revenue -8.6% year-over-year).
- 2015: Revenue of $645K, expenses of $648K, and assets of $311K (revenue +4.1% year-over-year).
- 2014: Revenue of $619K, expenses of $642K, and assets of $276K (revenue -11.4% year-over-year).
- 2013: Revenue of $699K, expenses of $674K, and assets of $256K (revenue +27.1% year-over-year).
- 2012: Revenue of $550K, expenses of $545K, and assets of $277K (revenue -10.2% year-over-year).
- 2011: Revenue of $613K, expenses of $581K, and assets of $286K.
Data Sources and Methodology
This transparency report for New Jersey Festival Orchestra is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.