Hudson Riverfront Performing Arts Center Inc
- Assets
- $22.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Weehawken, NJ
- Founding
- 11/2003
- Data as of
- 12/2021
- EIN
- 27-0022918
Organization Overview
Hudson Riverfront Performing Arts Center Inc is located in Weehawken, NJ. The organization was established in 2003. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hudson Riverfront Performing 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 12/2021, Hudson Riverfront Performing Arts Center Inc generated $149.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $145.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE PRIMARY PROGRAM SERVICE OF THE HUDSON RIVERFRONT PERFORMING ARTS CENTER, INC. (HRPAC) IS THE PRESENTATION OF FREE CONCERTS AND ENTERTAINMENT TO THE GENERAL PUBLIC. HRPAC PRODUCES TWO CONCERT SERIES, "SUMMER CONCERTS ON THE HUDSON AND THE "UBS ATRIUM SERIES". SINCE THE ORGANIZATION'S FIRST CONCERT IN 2003, THOUSANDS OF APPRECIATIVE CONCERTGOERS FROM NORTHERN NEW JERSEY AND BEYOND HAVE CONTINUED TO DISCOVER THE PLEASURES OF LIVE AND DIVERSE MUSIC. THESE CONCERTS FEATURE EXCEPTIONALLY TALENTED MUSICIANS (AT TIMES INCLUDING GRAMMY AND TONY WINNERS) FROM OUR REGION AND AROUND THE WORLD. HRPAC ALSO PRESENTS EDUCATIONAL OUTREACH PROGRAMS TO AREA SCHOOLS WHEN POSSIBLE. DURING COVID, WE HAD TO CURTAIL OUR INDOOR PRESENTATIONS BUT WE ARE STARTING THEM UP AGAIN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Sherman President And Executive Director | 60 | $56,977 | |
Lawrence Bijou Chairman | 2 | $0 | |
Jay Savulich Treasurer | 2 | $0 | |
Paquito D'rivera Trustee | 1 | $0 | |
Richard J Wolff Trustee | 1 | $0 | |
Mayor Richard F Turner Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,053 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $238 |
| Total Revenue | $149,291 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,977 |
| Professional fees and other payments to independent contractors | $29,091 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $177 |
| Other expenses | $59,114 |
| Total expenses | $145,359 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,216 |
| Other assets | $0 |
| Total assets | $22,216 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,216 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hudson Riverfront Performing Arts Center Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Frank J Guarini Foundation Inc Jersey City, NJ PURPOSE: CO-SPONSORSHIP OF SUMMER CONCERTS ON THE HUDSON | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Carnegie Hall Corporation New York, NY | $718,141,781 | $55,324,262 |
Chautauqua Institution Chautauqua, NY | $271,934,218 | $47,780,826 |
New Jersey Performing Arts Center Corporation Newark, NJ | $266,001,987 | $34,288,526 |
New York City Center Inc New York, NY | $75,936,924 | $33,333,714 |
Mann Center For The Performing Arts Philadelphia, PA | $32,818,014 | $23,395,696 |
Mccarter Theatre Company Princeton, NJ | $28,336,036 | $11,621,825 |
Count Basie Theatre Inc Red Bank, NJ | $61,930,466 | $14,783,970 |
Rochester Broadway Theatre League Inc Rochester, NY | $14,097,725 | $11,757,109 |
Arts Center And Theater Of Schenectady Inc Schenectady, NY | $59,537,808 | $17,534,824 |
Saratoga Springs Performing Arts Center Inc Saratoga Springs, NY | $31,890,328 | $10,810,263 |
Strand-Capitol Performing Arts Center Inc York, PA | $13,276,794 | $10,332,110 |
Symphony Space Inc New York, NY | $23,080,716 | $5,038,783 |