New Jersey Symphony Orchestra is a 501(c)(3) organization based in Newark, New Jersey, registered in 1944, with $16,279,533 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$16.3M
▲ 16.1% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$16.8M
Net assets
$6.8M
Employees
—
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 Symphony Orchestra— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Symphony Orchestra: 5 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
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 Symphony Orchestra— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Symphony Orchestra: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $13.2M (FY2013) to $16.3M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-2.9%
Spent more than it raised in the latest fiscal year.
Total assets
$9.3M
Total liabilities
$2.5M
Net assets
$6.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $16,279,533▲16.1% | $16,751,476▲0.2% | $6,820,656▼2.0% | $9,327,224▼5.2% | 990 |
| 2022 | $14,023,665▲8.6% | $16,716,189▲22.1% | $6,962,382▼28.5% | $9,843,861▼22.1% | 990 |
| 2021 | $12,910,552▼2.4% | $13,685,246▲40.3% | $9,743,257▼13.4% | $12,634,412▼17.4% | 990 |
| 2020 | $13,221,443▲20.6% | $9,755,683▼21.2% | $11,255,060▲34.1% | $15,304,751▲25.5% | 990 |
| 2019 | $10,960,262▼14.9% | $12,373,852▼12.7% | $8,395,630▼14.9% | $12,193,101▼5.2% | 990 |
| 2018 | $12,879,376▼8.5% | $14,179,270▲6.2% | $9,868,801▼12.9% | $12,860,950▼13.0% | 990 |
| 2017 | $14,070,242▲31.9% | $13,356,769▲8.7% | $11,324,084▲5.9% | $14,785,514▲9.4% | 990 |
| 2016 | $10,666,093▼8.8% | $12,292,103▲1.9% | $10,696,003▼13.0% | $13,512,512▼11.7% | 990 |
| 2015 | $11,695,531▼2.0% | $12,066,906▼3.6% | $12,298,486▼10.7% | $15,310,350▼8.4% | 990 |
| 2014 | $11,940,123▼9.6% | $12,517,433▼0.3% | $13,779,738▼3.8% | $16,721,174▼2.7% | 990 |
| 2013 | $13,213,884 | $12,555,537▲0.7% | $14,318,718▲15.0% | $17,191,583▲11.9% | 990 |
| 2012 | — | $12,473,720▼2.9% | $12,446,786▼4.6% | $15,363,917▼5.7% | 990 |
| 2011 | — | $12,851,361▲2.6% | $13,051,304▼9.7% | $16,300,476▼7.3% | 990 |
| 2010 | — | $12,524,600▲4.3% | $14,452,377▲43.8% | $17,578,108▲28.8% | 990 |
| 2009 | — | $12,008,868 | $10,048,922 | $13,649,275 | 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.
109 grants to New Jersey Symphony Orchestra totaling $7.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ayco Charitable Foundation | Arts and culture | 2024 | $520,000 |
| Hackensack Meridian Health Inc | Sponsorship | 2024 | $120,700 |
| American Gift Fund | Operations | 2024 | $110,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $30,000 |
| Community Foundation of New Jersey | Performing arts & education | 2024 | $26,000 |
| American Online Giving Foundation Inc | General support | 2024 | $12,979 |
| Charities Aid Foundation America | Charitable donation | 2024 | $12,273 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $245,608 |
| Hackensack Meridian Health Inc | Sponsorship | 2023 | $128,000 |
| Hackensack Meridian Health Inc | Sponsorship | 2023 | $128,000 |
| American Gift Fund | Operations | 2023 | $110,000 |
| Community Foundation of New Jersey | Unrestricted grant to support organization's exempt purpose | 2023 | $45,700 |
| Ayco Charitable Foundation | Arts and culture | 2023 | $45,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $35,050 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $30,000 |
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Data for New Jersey Symphony Orchestra (EIN 22-1559422) 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.