Art Center of Northern New Jersey

Analysis

Art Center of Northern New Jersey is a registered charity in United States, based in New Milford, NJ. It received its IRS tax-exemption ruling in November 1963, 63 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Art Center of Northern New Jersey reported income of $84k and spending of $95k, spending 114% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $56k to $84k (+50%), an average of +50% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 129% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Center of Northern New Jersey sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Bethlehem Music Series ($84k), Bengali Cultural Society ($84k) and Eleventh Hour Prayer Network ($84k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $138k against liabilities of $15k, net assets of $123k.