Ocean City Arts Center A New Jersey Nonprofit Corporation is a 501(c)(3) organization based in Ocean City, New Jersey, registered in 1969, with $520,249 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$520K
▲ 0.8% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$492K
Net assets
$618K
Employees
—
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 →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 Ocean City Arts Center 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 →
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 Ocean City Arts Center A New Jersey Nonprofit Corporation: 15 mo reserves · +5% margin earns a A 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 Ocean City Arts Center 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 →
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 Ocean City Arts Center A New Jersey Nonprofit Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $284K (FY2013) to $520K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
5.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$622K
Total liabilities
$3,640
Net assets
$618K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $520,249▲0.8% | $491,917▲6.8% | $618,124▲6.5% | $621,764▲6.6% | 990 |
| 2023 | $516,000▲5.0% | $460,433▲12.4% | $580,554▲14.6% | $583,156▲14.7% | 990 |
| 2022 | $491,418▲6.9% | $409,595▲7.3% | $506,541▲9.7% | $508,499▼1.8% | 990 |
| 2021 | $459,906▲139% | $381,892▲177% | $461,680▲21.7% | $517,792▲36.2% | 990 |
| 2020 | $192,475▼51.1% | $137,630▼58.3% | $379,372▲17.0% | $380,044▲15.3% | 990 |
| 2019 | $393,237▲19.2% | $329,855▲4.0% | $324,126▲33.9% | $329,701▲33.8% | 990 |
| 2018 | $329,826▼1.8% | $317,053▼0.6% | $242,144▼2.2% | $246,416▼0.8% | 990 |
| 2017 | $335,966▲15.0% | $318,939▲4.6% | $247,677▲31.3% | $248,504▲30.6% | 990 |
| 2016 | $292,171▲3.1% | $304,850▼0.6% | $188,686▼6.2% | $190,215▼6.9% | 990 |
| 2015 | $283,434▼4.1% | $306,685▲20.0% | $201,100▼11.1% | $204,331▼11.1% | 990 |
| 2014 | $295,569▲3.9% | $255,565▼6.1% | $226,100▲21.5% | $229,921▲22.8% | 990 |
| 2013 | $284,493 | $272,154▲11.3% | $186,093▲9.7% | $187,168▲9.8% | 990 |
| 2012 | — | $244,632▼0.2% | $169,614▲3.8% | $170,504▲2.8% | 990 |
| 2011 | — | $245,133 | $163,362 | $165,913 | 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.
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Data for Ocean City Arts Center A New Jersey Nonprofit Corporation (EIN 22-6109722) 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.