Union County Arts Center Inc
- Assets
- $1.5m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 46
- Location
- Rahway, NJ
- Founding
- 09/1980
- Data as of
- 06/2022
- EIN
- 22-2278631
Organization Overview
Union County Arts Center Inc is located in Rahway, NJ. The organization was established in 1980. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Union County Arts Center Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Union County Arts Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Union County Arts Center Inc generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $1.6m during the year ending 06/2022. While expenses have increased by 4.2% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PLEASE SEE MISSION STATEMENT AND SIGNIFICANT ACTIVITIES STATEMENT IN SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNION COUNTY ARTS CENTER PROVIDES EXCITING LIVE PERFORMANCES THAT ARE EDUCATIONAL, AFFORDABLE AND RESPONSIVE TO THE DIVERSE INTERESTS OF OUR COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward T Oatman President | OfficerTrustee | 2 | $0 |
Kelly Waters First Vice President | OfficerTrustee | 2 | $0 |
Irv Hyatt Second Vice President | OfficerTrustee | 2 | $0 |
Jack J Bernardino Treasurer | OfficerTrustee | 2 | $0 |
Joe Brown Secretary | OfficerTrustee | 2 | $0 |
Kelly Douglas-Jackson Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,101,293 |
| All other contributions, gifts, grants, and similar amounts not included above | $189,410 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,290,703 |
| Total Program Service Revenue | $988,504 |
| Investment income | $3,131 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $33,682 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,352,236 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $161,627 |
| Compensation of current officers, directors, key employees. | $24,244 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $382,671 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,672 |
| Payroll taxes | $49,774 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,117 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $583,807 |
| Advertising and promotion | $100,893 |
| Office expenses | $31,184 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,825 |
| Travel | $3,357 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,071 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,772 |
| Insurance | $43,056 |
| All other expenses | $0 |
| Total functional expenses | $1,608,259 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $430,577 |
| Savings and temporary cash investments | $545,292 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,436 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $152,380 |
| Net Land, buildings, and equipment | $33,656 |
| Investments—publicly traded securities | $254,694 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,467,035 |
| Accounts payable and accrued expenses | $48,173 |
| Grants payable | $0 |
| Deferred revenue | $14,154 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $229,205 |
| Other liabilities | $113,242 |
| Total liabilities | $404,774 |
| Net assets without donor restrictions | $917,261 |
| Net assets with donor restrictions | $145,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,467,035 |