Faith Center For The Arts A Nj Nonprofit Corporation
- Assets
- $85.5k
- Revenue
- $469.9k
- Investments
- $0.0
- Employees
- 56
- Location
- Wharton, NJ
- Founding
- 01/2010
- Data as of
- 12/2021
- EIN
- 26-3343405
Organization Overview
Faith Center For The Arts A Nj Nonprofit Corporation is located in Wharton, NJ. The organization was established in 2010. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Faith Center For The Arts A NJ Nonprofit Corporation employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faith Center For The Arts A NJ Nonprofit Corporation 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 12/2021, Faith Center For The Arts A NJ Nonprofit Corporation generated $469.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $423.1k during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AN EDUCATIONAL OPPORTUNITY FOR INDIVIDUALS TO OBTAIN KNOWLEDGE REGARDING THE FINE ARTS, WHETHER IT BE MUSIC, MUSICAL INSTRUMENTS, DANCE, DRAMA OR ART.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED CLASSROOM INSTRUCTION AS WELL AS PERFORMANCE INSTRUCTION INVOLVING MUSIC, MUSICAL INSTRUMENTS, ART, DRAMA AND DANCE ACTIVITIES TO CHILDREN AND YOUNG ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Briggs Executive Direc | Officer | 40 | $77,480 |
Paul Chambers Secretary | Officer | 4 | $0 |
David Baker Treasurer | Officer | 4 | $0 |
Jeanmarie Witham Kozan President | Officer | 4 | $0 |
Reena Kirspel Trustee | Trustee | 2 | $0 |
Adam Boyer Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $96,388 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,388 |
| Total Program Service Revenue | $373,455 |
| Investment income | $14 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $469,857 |
| 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. | $77,480 |
| Compensation of current officers, directors, key employees. | $19,370 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $219,084 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $27,214 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $274 |
| Office expenses | $2,409 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,033 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,092 |
| Insurance | $14,219 |
| All other expenses | $14,960 |
| Total functional expenses | $423,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,937 |
| Savings and temporary cash investments | $39,218 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,778 |
| 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 | $1,180 |
| Net Land, buildings, and equipment | $1,377 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $85,490 |
| Accounts payable and accrued expenses | $11,422 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,422 |
| Net assets without donor restrictions | $74,068 |
| Net assets with donor restrictions | $0 |
| 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 | $85,490 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Faith Center For The Arts A Nj Nonprofit Corporation has recieved totaling $10,127.
| Awarding Organization | Amount |
|---|---|
Christian Community Foundation Inc Colorado Springs, CO PURPOSE: GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $127 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manhattan School Of Music New York, NY | $110,734,113 | $63,876,459 |
Franklin Institute Philadelphia, PA | $191,202,786 | $32,040,912 |
Art Students League Of New York New York, NY | $112,886,191 | $14,274,262 |
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Grounds For Sculpture Inc Hamilton, NJ | $36,793,406 | $11,597,062 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |
The Arts Connection Inc New York, NY | $2,703,336 | $4,972,330 |