New Jersey Center For Visual Arts A New Jersey Nonprofit Corporation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
New Jersey Center For Visual Arts A New Jersey Nonprofit Corporation is a 501(c)(3) organization based in Summit, New Jersey, registered in 1962, with $3,136,551 in FY2023 revenue. CharityIndex grades it B.
68 Elm St, Summit, NJ, 07901 EIN 22-6046896 Since 1962
Revenue (FY2023)
$3.1M
▼ 20.3% vs prior year
Expenses (FY2023)
$2.9M
Net assets
$10.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for New Jersey Center For Visual Arts A New Jersey Nonprofit Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating44 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New Jersey Center For Visual Arts A New Jersey Nonprofit Corporation: 44 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for New Jersey Center For Visual Arts A New Jersey Nonprofit Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New Jersey Center For Visual Arts A New Jersey Nonprofit Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 68 Elm St, Summit, NJ, 07901
- City
- Summit
- State
- New Jersey
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $2.5M (FY2015) to $3.1M (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.0MNet assets $10.6M
Operating margin
7.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12.6M
Total liabilities
$2.0M
Net assets
$10.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,136,551▼20.3% | $2,904,391▲6.9% | $10,611,947▲6.4% | $12,579,924▲5.0% | 990 |
| 2022 | $3,937,094▲11.2% | $2,717,751▲0.8% | $9,971,079▲18.0% | $11,977,810▲14.5% | 990 |
| 2021 | $3,542,074▲9.4% | $2,696,226▲10.6% | $8,447,104▲5.6% | $10,459,502▼1.0% | 990 |
| 2020 | $3,237,351▲32.4% | $2,438,448▲4.9% | $7,999,928▲23.6% | $10,562,437▲31.0% | 990 |
| 2019 | $2,444,224▲2.7% | $2,325,135▼3.8% | $6,470,917▼0.4% | $8,063,311▲5.7% | 990 |
| 2018 | $2,380,936▼5.2% | $2,415,730▼0.3% | $6,493,919 | $7,630,862▼2.1% | 990 |
| 2017 | $2,511,995▲8.5% | $2,424,019▼3.8% | $6,493,323 | $7,794,441▲0.1% | 990 |
| 2016 | $2,315,646▼7.2% | $2,520,144▼3.5% | $6,495,337▼0.2% | $7,787,084▼0.8% | 990 |
| 2015 | $2,494,633 | $2,612,438 | $6,507,639 | $7,849,267 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $768K total
36 grants to New Jersey Center For Visual Arts A New Jersey Nonprofit Corporation totaling $768K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charities Aid Foundation America | Charitable donation | 2024 | $30,675 |
| Community Foundation of New Jersey | Visual arts & education | 2024 | $30,000 |
| Ayco Charitable Foundation | Arts and culture | 2024 | $15,000 |
| Community Foundation of New Jersey | Unrestricted grant to support organization's exempt purpose | 2023 | $65,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $55,580 |
| National Philanthropic Tr | Religion | 2023 | $30,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $27,050 |
| Ayco Charitable Foundation | Arts and culture | 2023 | $15,000 |
| Charities Aid Foundation America | Charitable donation | 2023 | $15,000 |
| American Online Giving Foundation Inc | General support | 2023 | $7,559 |
| Community Foundation of New Jersey | Unrestricted grant to support organization's exempt purpose | 2022 | $44,700 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $24,430 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $15,945 |
| Ayco Charitable Foundation | Arts and culture | 2022 | $10,360 |
| Charities Aid Foundation America | Charitable donation | 2022 | $10,360 |
Frequently asked questions
- Is New Jersey Center For Visual Arts A New Jersey Nonprofit Corporation a legitimate nonprofit?
- Yes. New Jersey Center For Visual Arts A New Jersey Nonprofit Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-6046896, based in Summit, New Jersey. Donations are tax-deductible.
- What is New Jersey Center For Visual Arts A New Jersey Nonprofit Corporation's EIN?
- New Jersey Center For Visual Arts A New Jersey Nonprofit Corporation's Employer Identification Number (EIN) is 22-6046896.
- How much revenue does New Jersey Center For Visual Arts A New Jersey Nonprofit Corporation report?
- New Jersey Center For Visual Arts A New Jersey Nonprofit Corporation reported $3,136,551 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does New Jersey Center For Visual Arts A New Jersey Nonprofit Corporation have?
- CharityIndex grades New Jersey Center For Visual Arts A New Jersey Nonprofit Corporation B, based on financial health (reserves and operating margin).
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Data for New Jersey Center For Visual Arts A New Jersey Nonprofit Corporation (EIN 22-6046896) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.