New Jersey Workshop for the Arts in C

Analysis

New Jersey Workshop for the Arts in C is a registered charity in United States, based in Westfield, NJ. It received its IRS tax-exemption ruling in August 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, New Jersey Workshop for the Arts in C reported income of $597k and spending of $479k, spending 80% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $461k to $597k (+30%), an average of +6.7% a year. The sharpest change came in the year to August 2023, when income rose by 15%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Jersey Workshop for the Arts in C sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Wicn Public Radio Inc ($597k), Belltown Elderly Housing Inc ($597k) and The International Focusing Institute Inc ($597k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $149k (31% of expenses). Other salaries and wages came to $172k. At year end it held assets of $765k against liabilities of $442k, net assets of $323k. It reported 11 employees.