New Jersey School of Dramatic Arts Inc

Analysis

New Jersey School of Dramatic Arts Inc is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Jersey School of Dramatic Arts Inc reported income of $225k and spending of $195k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $277k to $225k (-19%), an average of -5.1% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Jersey School of Dramatic Arts Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Millennium Tiger Quarterback Club ($225k), Suzuki Academy of Columbia ($225k) and C G Jung Foundation for Analytical Psychology Inc ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.9% and program service revenue 94% of the total. Other salaries and wages came to $99k. At year end it held assets of $52k against liabilities of $23k, net assets of $29k. It reported 9 employees.