CSCharityScored
39

Newark Arts Council

Other · Newark, New Jersey

17 Academy St Ste 702, Newark, NJ 07102-2930

EIN: 222412819· Founded: Sep 1985· 41 years active· Filing Year: 2023

Annual Revenue

$2.1M

Total Expenses

$2.4M

Total Assets

$1.3M

Program Spending

5%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$333K

13.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$342K

Total Payroll

$674K

28% of total expenses

Where the Money Goes

5%
Programs: 5%
Payroll: 28%
Other overhead: 96%
Program Revenue$108K (5%)
Total Expenses$2.4M (100%)
Payroll$674K (28%)
Overhead (non-program)96%

Trust Score Breakdown

Program Spending Ratio

5% of expenses go to programs

40%

Revenue & Stability

$2.1M annual revenue

15%

Executive Compensation

$333K total officer comp (13.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.3M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.