2023-05-10T15:19:58-05:00 2022-06-30 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2021-07-01 222889703 NEW JERSEY PERFORMING ARTS CENTER CORPORATION NEWJ 9736428989 ONE CENTER STREET NEWARK NJ 07102 LENNON REGISTER CFO 9736428989 2023-05-10 1 LENNON REGISTER 999009999 EVAN W SEEKAMP P01907071 2127589700 2023-05-09 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JOHN SCHREIBER ONE CENTER STREET NEWARK NJ 07102 105797142 0 X WWW.NJPAC.ORG X 1988 NJ SEE SCHEDULE O. 65 62 431 80 1911604 0 25411022 29907206 1316931 17269718 3271754 6074025 4288819 7118489 34288526 60369438 22800 169342 0 0 11487324 17511844 185183 185882 2467897 14854522 29829240 26549829 47696308 7738697 12673130 266001987 253995837 24998124 18709176 241003863 235286661 X SEE SCHEDULE O. 0 0 17981175 15202056 PERFORMANCES AND PERFORMANCE RELATED PROGRAMS: PRESENTED 614 PERFORMANCES AND EVENTS (OF WHICH 282 WERE FREE OF CHARGE INCLUDING VIRTUAL) WITH OVER 347,000 PATRONS IN ATTENDANCE. PROGRAMS INCLUDED ORCHESTRA, RECITAL, MUSICAL THEATER, DANCE, POP, VARIETY, JAZZ AND OTHER DISCIPLINES, PERFORMED BY LOCAL, NATIONAL AND INTERNATIONAL ARTISTS. 10749327 0 THEATER OPERATIONS: PROVIDED SERVICES FOR THE MANAGEMENT, OPERATION AND MAINTENANCE OF THE ARTS CENTER, PARKING FACILITIES AND CHAMBERS PLAZA FOR PUBLIC USE AND ENJOYMENT. 3908837 94747 177214 ARTS EDUCATION PROGRAMS: NJPAC ARTS EDUCATION OFFERS PROGRAMMING IN FOUR MAIN AREAS: 1) SCHOOLTIME PERFORMANCES AND IN-SCHOOL ASSEMBLIES, 2) IN-SCHOOL RESIDENCIES, 3) ARTS TRAINING AND 4) PROFESSIONAL DEVELOPMENT. CONTINUED IN SCHEDULE O. 5954300 PROGRAM SERVICE ACCOMPLISHMENTS - OTHERREAL ESTATE DEVELOPMENTPLANNING, IMPROVEMENT AND DEVELOPMENT OF OWNED/LEASED REAL ESTATE IN FURTHERANCE OF NJPAC'S MISSION OF BEING A CATALYST IN THE ECONOMIC DEVELOPMENT OF ITS HOME CITY OF NEWARK.EXPENSES $3,086,580 INCLUDING GRANTS OF $0, REVENUE $0MARKETING AND PUBLIC AFFAIRSNJPAC KEEPS THE PUBLIC AND THE MEDIA FULLY INFORMED ABOUT ITS PROGRAMS, EVENTS AND EDUCATIONAL ACTIVITIES.EXPENSES $2,867,720 INCLUDING GRANTS OF $0, REVENUE $0 5954300 38593639 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 300 0 1 431 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 65 62 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 FL NJ NY PA X X MARY JAFFA 9733538034 ONE CENTER STREET NEWARK NJ 01702 JOHN SCHREIBER PRESIDENT & CEO 50.00 0.20 X X 1170547 0 41719 LARA ABRASH BOARD MEMBER 1.00 0.10 X 0 0 0 MARSHA I ATKIND BOARD MEMBER 1.00 0.10 X 0 0 0 RAS J BARAKA BOARD MEMBER 1.00 0.10 X 0 0 0 LAWRENCE E BATHGATE II ESQ BOARD MEMBER 1.00 0.10 X 0 0 0 MARC E BERSON TREASURER 1.00 0.10 X 0 0 0 JAMES L BILDNER BOARD MEMBER 1.00 0.10 X 0 0 0 DANIEL M BLOOMFIELD MD BOARD MEMBER 1.00 0.10 X 0 0 0 MODIA BUTLER BOARD MEMBER 1.00 0.10 X 0 0 0 JACOB S BUURMA ESQ BOARD MEMBER 1.00 0.10 X 0 0 0 DR NANCY CANTOR BOARD MEMBER 1.00 0.10 X 0 0 0 REGINA CARTER BOARD MEMBER 1.00 0.10 X 0 0 0 RAYMOND G CHAMBERS FOUNDING CHAIR 1.00 0.10 X 0 0 0 MINDY COHEN BOARD MEMBER 1.00 0.10 X 0 0 0 MATTHEW CONNOR BOARD MEMBER 1.00 0.10 X 0 0 0 WAYNE COOPERMAN BOARD MEMBER (END 9/2021) 1.00 0.10 X 0 0 0 MILDRED C CRUMP BOARD MEMBER (END 10/2021) 1.00 0.10 X 0 0 0 EDWAN DAVIS BOARD MEMBER 1.00 0.10 X 0 0 0 ENRICO DELLA CORNA BOARD MEMBER 1.00 0.10 X 0 0 0 ALMA DEMETROPOLIS BOARD MEMBER (END 10/2021) 1.00 0.10 X 0 0 0 PAT A DI FILIPPO BOARD MEMBER 1.00 0.10 X 0 0 0 JOSEPH N DIVINCENZO JR BOARD MEMBER 1.00 0.10 X 0 0 0 ROBERT H DOHERTY BOARD MEMBER 1.00 0.10 X 0 0 0 PATRICK C DUNICAN JR ESQ BOARD MEMBER 1.00 0.10 X 0 0 0 DEBBIE DYSON BOARD MEMBER 1.00 0.10 X 0 0 0 SHEREEF ELNAHAL MD BOARD MEMBER (END 05/2022) 1.00 0.10 X 0 0 0 ANNE E ESTABROOK BOARD MEMBER 1.00 0.10 X 0 0 0 CHRISTINE C GILFILLAN BOARD MEMBER 1.00 0.10 X 0 0 0 SAVION GLOVER BOARD MEMBER 1.00 0.10 X 17500 0 0 STEVEN M GOLDMAN ESQ BOARD MEMBER 1.00 0.10 X 0 0 0 MICHAEL R GRIFFINGER ESQ SECRETARY 1.00 0.10 X 0 0 0 YAN GU BOARD MEMBER 1.00 0.10 X 0 0 0 RYAN P HAYGOOD ESQ BOARD MEMBER 1.00 0.10 X 0 0 0 WILLIAM V HICKEY BOARD MEMBER 1.00 0.10 X 0 0 0 JEFFREY T HOFFMAN BOARD MEMBER 1.00 0.10 X 0 0 0 RALPH IZZO PHD BOARD MEMBER 1.00 0.10 X 0 0 0 DAVID JONES ASSISTANT TREASURER 1.00 0.10 X 0 0 0 HON THOMAS H KEAN BOARD MEMBER 1.00 0.10 X 0 0 0 SCOTT KOBLER ESQ BOARD MEMBER 1.00 0.10 X 0 0 0 MITCHELL A LIVINGSTON ESQ BOARD MEMBER 1.00 0.10 X 0 0 0 CHARLES F LOWREY BOARD MEMBER 1.00 0.10 X 0 0 0 WILLIAM J MARINO BOARD MEMBER 1.00 0.10 X 0 0 0 ELLEN B MARSHALL BOARD MEMBER 1.00 0.10 X 0 0 0 ELIZABETH A MATTSON BOARD MEMBER 1.00 0.10 X 0 0 0 CHRISTIAN MCBRIDE BOARD MEMBER 1.00 0.10 X 11250 0 0 CARLOS MEDINA BOARD MEMBER (AS OF 11/2021) 1.00 0.10 X 0 0 0 D NICHOLAS MICELI BOARD MEMBER 1.00 0.10 X 0 0 0 ELIZABETH MAHER MUOIO BOARD MEMBER 1.00 0.10 X 0 0 0 PHILIP D MURPHY BOARD MEMBER 1.00 0.10 X 0 0 0 BARRY H OSTROWSKY ESQ BOARD MEMBER 1.00 0.10 X 0 0 0 VICTOR PARSONNET MD BOARD MEMBER (END 01/2022) 1.00 0.10 X 0 0 0 LUIS A QUINTANA BOARD MEMBER (AS OF 10/2021) 1.00 0.10 X 0 0 0 DEEPAK RAJ BOARD MEMBER (AS OF 6/2022) 1.00 0.10 X 0 0 0 EVA REDA BOARD MEMBER 1.00 0.10 X 0 0 0 CHRISTOPHER R REIDY BOARD MEMBER (END 1/2022) 1.00 0.10 X 0 0 0 STEPHEN O RICHARD BOARD MEMBER (AS OF 1/2022) 1.00 0.10 X 0 0 0 DONALD A ROBINSON ESQ BOARD MEMBER (END 01/2022) 1.00 0.10 X 0 0 0 RICHARD W ROPER BOARD MEMBER 1.00 0.10 X 0 0 0 ARTHUR F RYAN BOARD MEMBER 1.00 0.10 X 0 0 0 PHILIP R SELLINGER ESQ ASSISTANT SECRETARY (END 12/2021) 1.00 0.10 X 0 0 0 GARY D ST HILIARE BOARD MEMBER 1.00 0.10 X 0 0 0 FAYEMI SHAKUR BOARD MEMBER (AS OF 1/2022) 1.00 0.10 X 0 0 0 HON CLIFFORD M SOBEL BOARD MEMBER 1.00 0.10 X 0 0 0 DAVID S STONE ESQ BOARD MEMBER 1.00 0.10 X 0 0 0 MICHAEL A TANENBAUM ESQ BOARD MEMBER 1.00 0.10 X 0 0 0 FAITH TAYLOR BOARD MEMBER 1.00 0.10 X 0 0 0 RISHI VARMA BOARD MEMBER 1.00 0.10 X 0 0 0 CARMEN VILLAR BOARD MEMBER 1.00 0.10 X 0 0 0 ROBERT C WAGGONER BOARD MEMBER (END 1/2022) 1.00 0.10 X 0 0 0 AMRIT WALIA BOARD MEMBER (END 10/2021) 1.00 0.10 X 0 0 0 RICARDO A WATSON BOARD MEMBER (AS OF 4/2022) 1.00 0.10 X 0 0 0 TAHESHA WAY BOARD MEMBER 1.00 0.10 X 0 0 0 NINA M WELLS ESQ BOARD MEMBER 1.00 0.10 X 0 0 0 JOSH S WESTON BOARD MEMBER 1.00 0.10 X 0 0 0 KAREN C YOUNG BOARD MEMBER 1.00 0.10 X 0 0 0 DAVID D RODRIGUEZ EVP & EXECUTIVE PRODUCER 50.00 0.10 X 493967 0 18965 WARREN TRANQUADA EVP & COO 50.00 0.10 X 425682 0 8933 TIMOTHY LIZURA SVP, REAL ESTATE & CAPITAL PROJECTS 50.00 0.10 X 363400 0 8133 LENNON REGISTER VP & CHIEF FINANCIAL OFFICER 50.00 0.20 X 289394 0 18018 AMY FITZPATRICK AVP, DEVELOPMENT 50.00 0.10 X 237121 0 32093 BETH SILVER CHIEF PEOPLE OFFICER 50.00 0.10 X 228844 0 34911 CHAD D SPIES VP, OPERATIONS & REAL ESTATE 50.00 0.10 X 193800 0 34946 KATIE L SWORD VP, MARKETING 50.00 0.10 X 219208 0 8124 JENNIFER L TSUKAYAMA VP, ARTS EDUCATION 50.00 0.10 X 187355 0 20714 AUSTIN G CLEARY AVP, SALES & PLANNING NJPAC EVENTS 50.00 0.10 X 186722 0 16942 ERNEST DIROCCO CHIEF INFORMATION OFFICER 50.00 0.10 X 160621 0 20449 JOHN EVAN WHITE AVP, PROGRAMMING 50.00 0.10 X 155621 0 38380 MARY C JAFFA AVP, FINANCE 50.00 0.10 X 146518 0 13876 SARAH ROSEN MANAGING DIRECTOR, WA 50.00 0.10 X 146166 0 39614 YOLANDA DOGANAY AVP & CONTROLLER 50.00 0.20 X 127717 0 36362 ERIN MORALES START 42022 AVP, CORP & INSTITUTIONAL P'SHIPS 50.00 0.10 X 0 0 0 EYESHA MARABLE AVP, COMMUNITY ENGAGEMENT 50.00 0.10 X 95510 0 2999 MEGGAN GOMEZ END 62022 AVP FACULTY & CREATIVE PRACTICE 50.00 0.10 X 91818 0 15336 CHRISTOPHER MOSES SENIOR DIR, PRODUCTION 50.00 0.10 X 132277 0 6575 TODD TANTILLO HEAD ENGINEER 50.00 0.10 X 119057 0 27338 DEBORAH PURDON DIR RESEARCH & PROSPECT MGMT 50.00 0.10 X 103763 0 3072 JAMES MCMORROW DIR OF SEC. SAFETY, TRAFFIC & PARK 50.00 0.10 X 100563 0 2788 SIMMA LEVINE PRODUCER SPECIAL PROJECTS 50.00 0.10 X 100007 0 38521 5504428 0 488808 21 0 1 0 LARENA CONSTRUCTION LLC 88 NAYLON AVENUE LIVINGSTON NJ 07039 CONSTRUCTION 561035 SJ PRESENTS CORP 3578 ROUTE 611 BARTONSVILLE PA 18321 CONCERT & MARKETING SERVICES 555793 AMERICAN EXPRESS TRAVEL 1801 NW 66TH AVENUE SUITE 103A PLANTATION FL 33313 CREDIT CARD SVCS 517299 GATEWAY SECURITY SERVICES INC PO BOX 936601 ATLANTA GA 311936601 SECURITY 509839 SKIDMORE OWNINGS & MERRILL LLP 14 WALL STREET NEW YORK NY 10005 DESIGN AND SCHEMATIC 445053 36 2464687 18431816 9010703 791145 29907206 PERFORMANCE RELATED 711110 15202056 15202056 PERFORM OUTSIDE NJ 711110 1890448 1890448 ARTS EDUCATION 711110 177214 177214 17269718 999890 999890 1094073 64401 783223 43245 310850 21156 332006 21156 310850 49321149 44247014 5074135 5074135 5074135 42150 2464687 354222 -312072 -312072 EMP. RETENTION CRED. 900099 2458881 2458881 PARKING SERVICES 711110 1663549 1663549 REAL ESTATE RELATED 711110 663625 663625 2312500 2312500 7098555 60369438 17838151 1911604 10712477 74595 74595 94747 94747 5359272 1809157 3095123 454992 9469010 7524613 987406 956991 77748 30967 37282 9499 1478167 892544 428712 156911 1127647 842910 209031 75706 574978 369111 205867 229756 42450 187306 68728 68728 185882 185882 395667 395667 4560617 4089171 362608 108838 2470498 2302138 18253 150107 425605 304872 45680 75053 2728316 2714788 9660 3868 838590 549954 168972 119664 103203 4449 98754 4349191 4156524 98937 93730 677339 677339 ARTIST & PERFORMER FEES 6156544 6051831 60613 44100 PARKING OPERATIONS 2239103 2239103 PRODUCTION COSTS 1142752 1124072 13910 4770 CREDIT CARD & TM FEES 721060 693222 52 27786 2147293 1936354 210939 47696308 38593639 6634772 2467897 12607006 17613360 30324867 25138797 2284941 5356573 2593531 2279174 202665790 102905751 102331609 99760039 91207538 79449300 24652495 24398594 266001987 253995837 3461831 3641022 2234903 2880636 5153434 1555713 5609227 1391680 8538729 9240125 24998124 18709176 X 93151049 107491188 147852814 127795473 241003863 235286661 266001987 253995837 X 12673130 -18603695 213363 X 0 1 X 1 0 X 27343995 17518783 38589690 25411022 29907206 138770696 27343995 17518783 38589690 25411022 29907206 138770696 37485191 101285505 2552194 2713809 1890579 935693 2158364 10250639 5943328 6052373 4669046 4672234 4639674 25976655 174997990 83320990 0.57880 0.51810 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PARKING SERVICES - 2017 AMOUNT: $ 2,631,145. 2018 AMOUNT: $ 2,718,948. 2019 AMOUNT: $ 2,211,912. 2020 AMOUNT: $ 1,561,512. 2021 AMOUNT: $ 1,663,549. FOOD SERVICES - 2017 AMOUNT: $ 567,781. 2018 AMOUNT: $ 479,924. 2019 AMOUNT: $ 356,175. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 273,470. MISCELLANEOUS - 2017 AMOUNT: $ 2,744,402. 2018 AMOUNT: $ 2,853,501. 2019 AMOUNT: $ 2,100,959. 2020 AMOUNT: $ 3,110,722. 2021 AMOUNT: $ 2,702,655. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 68500 0 1 228 68728 0 PART II-B, LINE 1: LOBBYING ACTIVITIES LOBBYING ACTIVITIES CONSISTED OF NJPAC AUTHORIZED REPRESENTATIVES, INCLUDING BOTH NJPAC STAFF MEMBERS AND EXTERNAL LOBBYISTS, CONTACTING COUNTY AND FEDERAL LEGISLATORS AND THEIR STAFF TO PRESENT NJPAC'S POSITION ON CERTAIN LEGISLATIVE MATTERS IMPACTING NJPAC. NJPAC INDIRECTLY INCURS LOBBYING EXPENSE THROUGH DUES PAID TO OTHER ORGANIZATIONS. 129221 X 0 128788508 528063 -12296557 4829231 395667 111795116 95564113 13866826 23168951 3576461 234921 128788508 84810266 14565383 -48092 3586271 177173 95564113 85335412 155014 2937994 3457010 161144 84810266 74575049 6885722 7354241 3323930 155670 85335412 0.88900 0.11100 0 0 176476802 82624853 93851949 26188988 20280898 5908090 99760039 HEDGED STRATEGIES 13021219 F PRIVATE EQUITY 9540939 F COMMINGLED TRUST 1836436 F 24398594 ADVANCE ON CONDITIONAL GRANT 8769152 ASSET RETIREMENT OBLIGATION 473704 CAPITAL EQUIP LEASE LIABILITY 43548 OTHER LIABILITIES -46279 9240125 X PART III, LINE 4: COLLECTIONS AND RELATION TO EXEMPT PURPOSE ART COLLECTIONS CONSIST PRIMARILY OF DONATED AFRICAN ARTIFACTS. THESE ARE EXHIBITED AT NJPAC FOR THE ENJOYMENT OF THE PUBLIC FREE OF CHARGE. PART V, LINE 4: INTENDED USES FOR ENDOWMENT FUNDS ENDOWMENT FUND REVENUE IS USED FOR GENERAL OPERATING SUPPORT UNLESS RESTRICTED BY THE DONOR FOR A SPECIFIC PURPOSE. PART X, LINE 2: TAX STATUS & UNCERTAIN TAX POSITIONS THERE ARE CERTAIN TRANSACTIONS THAT COULD BE DEEMED UNRELATED BUSINESS INCOME AND WOULD RESULT IN A TAX LIABILITY. MANAGEMENT REVIEWS SUCH TRANSACTIONS TO ESTIMATE POTENTIAL TAX LIABILITIES USING A THRESHOLD OF MORE LIKELY THAN NOT. IT IS MANAGEMENT'S ESTIMATION THAT THERE ARE NO MATERIAL TAX LIABILITIES THAT NEED TO BE RECORDED AT JUNE 30, 2022 OR 2021. NORTH AMERICA 0 0 INVESTMENTS 4868153 EUROPE 0 0 INVESTMENTS 3802862 CENTRAL AMERICA/CARIBBEAN 0 0 INVESTMENTS 10760355 0 0 0 0 0 0 19431370 0 19431370 1 0 1 1 1 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART I, LINE 3, COLUMN F VALUATION INVESTMENTS ARE VALUED AT FAIR MARKET VALUE. X X X X X X X 1 GAIL P STONE EVENTS INC 2932 VAUXHALL ROAD VAUXHALL NJ 07088 SPECIAL EVENTS 0 2670687 55000 2615687 LKA FUNDRASISING & COMMUNICATIONS 4800 S MACADAM AVE SUITE 240 PORTLAND OR 97239 FUNDRAISING STRATEGY 0 402099 15000 387099 GRAND ARMY ADVISORS LLC 268 BERKELEY PLACE 5 BROOKLYN NY 11217 FUNDRAISING STRATEGY 0 26000 62000 -36000 T BELMEAR ENTERPRISES LLC 1070 MORRIS AVE SUITE 1440 UNION NJ 07083 FUNDRAISING STRATEGY 0 0 32700 -32700 KAREN BROOKS-HOPKINS 216 GARFIELD PLACE BROOKLYN NY 11215 FUNDRAISING STRATEGY 0 0 14792 -14792 3098786 179492 2919294 FL NJ NY PA GALA 2156775 2156775 31344 50578 124354 LUNCHEON 350062 307912 42150 61779 200 85967 2506837 2464687 42150 93123 50778 210321 354222 -312072 NJ 1 0 0 0 1.00000 YOLANDA DOGANAY ONE CENTER STREET NEWARK NJ 07102 0 LENNON REGISTER OVERALL MANAGEMENT X 0 SCHEDULE G, PART I, LINE 2B, COLUMNS (IV)-(VI) FUNDRAISING ACTIVITIES THE NEW JERSEY PERFORMING ARTS CENTER UTILIZES THE SERVICES OF SEVERAL FUNDRAISING ADVISORS TO CONSULT ON THE FUNDRAISING STRATEGY OF THE ORGANIZATION. DUE TO THE NATURE OF THESE ARRANGEMENTS IT IS UNFEASIBLE TO DEVISE A SYSTEM TO TRACK RECEIPTS RELATED TO CERTAIN FUNDRAISERS OR FUNDRAISING PROJECTS. AS SUCH, THE NEW JERSEY PERFORMING ARTS CENTER IS UNABLE TO REASONABLY DETERMINE THE GROSS RECEIPTS FROM THE FUNDRAISING ACTIVITIES WHICH ARE SOLELY ATTRIBUTABLE TO CERTAIN OF THESE ADVISORS. SCHEDULE G, PART I, LINE 2B, COL (V) FUNDRAISING VS. REIMBURSEMENT EXPLANATION GRAND ARMY ADVISORS, LLC FIXED FEE FOR FUNDRAISING STRATEGY GAIL P. STONE EVENTS, INC. FIXED RETAINER FEE PLUS ACTUAL REIMBURSABLE EXPENSES FOR TRAVEL, PARKING, PRINTING AND MEETING MATERIALS. LKA FUNDRASISING & COMMUNICATIONS FIXED FEE FOR FUNDRAISING STRATEGY T BELMEAR ENTERPRISES, LLC FIXED FEE FOR FUNDRAISING STRATEGY KAREN BROOKS-HOPKINS FIXED FEE FOR FUNDRAISING STRATEGY SCHEDULE G, PART II, LINES 2 AND 11 FUNDRAISING EVENTS NJPAC RECEIVED $2,156,775 OF CHARITABLE CONTRIBUTIONS CONNECTED TO THE GALA FUNDRAISING EVENT AND $307,912 OF CHARITABLE CONTRIBUTIONS RELATED TO THE LUNCHEON. THE CALCULATION ON SCHEDULE G, PART II SUBTRACTS THESE CHARITABLE CONTRIBUTIONS FROM GROSS RECEIPTS TO CALCULATE NET INCOME OF ($305,924). THIS IS NOT AN INDICATION THAT THE EVENT SUSTAINED A LOSS. 1 NEWARK BOARD OF EDUCATION 765 BROAD STREET NEWARK NJ 07102 GOV 0 41519 PERFORMANCE ADMISSIONS DISCOUNT ARTS EDUCATION JERSEY CITY PUBLIC SCHOOLS 346 CLAREMONT AVENUE JERSEY CITY NJ 073051634 GOV 0 6048 PERFORMANCE ADMISSIONS DISCOUNT ARTS EDUCATION 2 THE JEFFREY CAROLLO SCHOLARSHIP 12 20300 0 THE MCJ BERKLEE SCHOLARSHIP 2 7626 0 FINANCIAL AID 118 66821 0 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS PERFORMANCE ADMISSIONS DISCOUNT THE AMOUNTS REPORTED REPRESENT THE DISCOUNT PROVIDED TO LOCAL EDUCATION INSTITUTIONS ADMISSIONS TO PERFORMANCES HELD AT NJPAC BELOW THE FAIR MARKET VALUE. THE JEFFREY CAROLLO MUSIC SCHOLARSHIP THE JEFFREY CAROLLO MUSIC SCHOLARSHIP PROGRAM PROVIDES PRIVATE LESSONS FOR SELECTED STUDENTS THROUGH THE MUSIC PROGRAMS AT THE NEWARK SCHOOL OF THE ARTS (NSA). NSA IS A COMMUNITY-BASED ORGANIZATION COMMITTED TO PROVIDING ACCESS TO SEQUENTIAL, COMPREHENSIVE ARTS EDUCATION AND PERFORMANCE ACTIVITIES. THE JEFFREY CAROLLO GRANTS ARE PAID DIRECTLY TO THE SCHOOL. MCJ BERKLEE SCHOLARSHIPS MCJ BERKLEE SCHOLARSHIPS ARE PART OF A PARTNERSHIP WITH THE BERKLEE SCHOOL OF MUSIC. NJPAC IS A MEMBER OF THE BERKLEE CITY MUSIC NETWORK. THOSE STUDENTS WHO ARE ACCEPTED TO THEIR 5-WEEK SUMMER CAMP RECEIVE A TUITION WAIVER FROM THE UNIVERSITY, AND NJPAC PAYS THE UNIVERSITY FOR THE STUDENT'S ROOM AND BOARD, DIRECTLY TO THE SCHOOL. FINANCIAL ASSISTANCE NJPAC OFFERS NEEDS-BASED FINANCIAL AID FOR ITS ON-SITE PROGRAMS AND ONE OFF-SITE PROGRAM CALLED BAND TOGETHER HELD AT ARTS HIGH SCHOOL. QUALIFICATION FOR FINANCIAL AID OCCURS THROUGH A FORMULA WHICH EVALUATES MAINLY TWO FACTORS: HOUSEHOLD INCOME AND NUMBER OF HOUSEHOLD MEMBERS. HOWEVER, OTHER RELEVANT INFORMATION OFFERED BY THE FAMILY MAY ALSO BE CONSIDERED. NJPAC ATTEMPTS TO ELIMINATE BARRIERS TO PARTICIPATION AND APPLICATION FOR FINANCIAL AID. PERFORMANCE ADMISSIONS DISCOUNT THE AMOUNTS REPORTED REPRESENT THE DISCOUNT PROVIDED TO LOCAL EDUCATIONAL INSTITUTIONS' ADMISSIONS TO PERFORMANCES HELD AT NJPAC BELOW THE FAIR MARKET VALUE OF GENERAL ADMISSION. X 1 1 X X X X X 1 0 0 0 0 0 0 1 0 JOHN SCHREIBER PRESIDENT & CEO 840857 0 295000 0 34690 0 7800 0 33919 0 1212266 0 0 0 DAVID D RODRIGUEZ EVP & EXECUTIVE PRODUCER 427906 0 62310 0 3751 0 7800 0 11165 0 512932 0 0 0 WARREN TRANQUADA EVP & COO 370820 0 53554 0 1308 0 5850 0 3083 0 434615 0 0 0 TIMOTHY LIZURA SVP, REAL ESTATE & CAPITAL PROJECTS 315196 0 46197 0 2007 0 7800 0 333 0 371533 0 0 0 LENNON REGISTER VP & CHIEF FINANCIAL OFFICER 248363 0 35535 0 5496 0 4103 0 13915 0 307412 0 0 0 AMY FITZPATRICK AVP, DEVELOPMENT 206041 0 30000 0 1080 0 5409 0 26684 0 269214 0 0 0 BETH SILVER CHIEF PEOPLE OFFICER 196533 0 29318 0 2993 0 5170 0 29741 0 263755 0 0 0 CHAD D SPIES VP, OPERATIONS & REAL ESTATE 167784 0 23522 0 2494 0 1064 0 33882 0 228746 0 0 0 KATIE L SWORD VP, MARKETING 191455 0 27169 0 584 0 5399 0 2725 0 227332 0 0 0 JENNIFER L TSUKAYAMA VP, ARTS EDUCATION 163597 0 22500 0 1258 0 4951 0 15763 0 208069 0 0 0 AUSTIN G CLEARY AVP, SALES & PLANNING NJPAC EVENTS 182514 0 0 0 4208 0 3073 0 13869 0 203664 0 0 0 JOHN EVAN WHITE AVP, PROGRAMMING 139881 0 15000 0 740 0 4482 0 33898 0 194001 0 0 0 SARAH ROSEN MANAGING DIRECTOR, WA 125187 0 19094 0 1885 0 4090 0 35524 0 185780 0 0 0 ERNEST DIROCCO CHIEF INFORMATION OFFICER 154118 0 3000 0 3503 0 0 0 20449 0 181070 0 0 0 YOLANDA DOGANAY AVP & CONTROLLER 122867 0 3000 0 1850 0 2491 0 33871 0 164079 0 0 0 MARY C JAFFA AVP, FINANCE 140442 0 5000 0 1076 0 4068 0 9808 0 160394 0 0 0 PART I, LINE 1A FRINGE OR EXPENSE EXPLANATION TAX INDEMNIFICATION AND GROSS-UP PAYMENTS AN OFFICER IS REIMBURSED FOR THE COST OF OBTAINING SUPPLEMENTAL INSURANCE AS PROVIDED IN THE EMPLOYMENT CONTRACT. THE REIMBURSEMENT PAYMENT IS GROSSED-UP TO ACCOUNT FOR THE ADDITIONAL TAX COST OF THE BENEFIT. THE GROSSED-UP AMOUNT IS REPORTED AS TAXABLE INCOME IN THE OFFICER'S W-2. PART I, LINE 4A SEVERANCE PAYMENTS: MEGGAN GOMEZ: $60,208 PART I, LINE 7 IN 2021, SENIOR MANAGEMENT RECEIVED NONFIXED DISCRETIONARY BONUSES ARE INCLUDED IN THE AMOUNTS REPORTED ON SCHEDULE J, PART II, COLUMN (B) (II). X 4 791145 FAIR MARKET VALUE 0 1 0 PART I, LINE 32B: PART I, LINE 9, COLUMN B - NUMBER OF CONTRIBUTIONS OR ITEMS INCLUDED IN THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART I, LINE 1 & PART III, LINE 1 THE NEW JERSEY PERFORMING ARTS CENTER, BY CELEBRATING DIVERSITY, SHALL BE AMERICA'S FOREMOST URBAN PRESENTER OF ARTS AND ENTERTAINMENT, A CREATIVE AND EFFECTIVE LEADER IN ARTS EDUCATION FOR CHILDREN, A CONVENER OF USEFUL AND ENLIGHTENING CIVIC ENGAGEMENT EVENTS, AND A CATALYST FOR ECONOMIC DEVELOPMENT IN ITS HOME CITY OF NEWARK. FORM 990, PART I, LINE 5 NUMBER OF EMPLOYEES IN ACCORDANCE WITH IRS GUIDELINES, THE NUMBER OF EMPLOYEES WAS REPORTED AT 431 BASED ON WAGE AND TAX STATEMENTS FOR 2021. THIS INCLUDED ANY AND ALL EMPLOYEES OF NJPAC WHO GOT PAID DURING 2021. THE NUMBER OF FULL-TIME AND PART-TIME EMPLOYEES OF NJPAC AS OF THE LAST PAYDATE IN DECEMBER 2021 WAS 141. FORM 990, PART III, LINE 4C PROGRAM SERVICE ACCOMPLISHMENTS ARTS EDUCATION PROGRAMS, CONTINUED FROM PART III: SCHOOLTIME PERFORMANCES BRING MORE THAN 15,000 SCHOOL STUDENTS TO THE NJPAC CAMPUS TO ATTEND CLASSICAL AND WORLD-MUSIC CONCERTS, DANCE PERFORMANCES, AND MUSICALS. IN-SCHOOL ASSEMBLIES BRING THE THRILL OF LIVE PERFORMANCE DIRECTLY TO SCHOOLS. FOR SCHOOLS SEEKING A DEEPER COMMITMENT, NJPAC OFFERS IN-SCHOOL RESIDENCIES IN DANCE, THEATER, AND MUSIC. THE SESSIONS LAST FROM FIVE TO TWELVE WEEKS. ARTS TRAINING: WORKING DIRECTLY WITH NJPAC TRAINED TEACHING ARTISTS, STUDENTS AGES 10-18 PARTICIPATE IN PROGRAMS IN JAZZ PERFORMANCE AND COMPOSITION, DEVISED THEATER, MUSICAL THEATER, HIP HOP, VIDEO, AND POETRY. STUDENTS HAVE A VARIETY OF OPPORTUNITIES TO PERFORM DURING THE YEAR. PROFESSIONAL DEVELOPMENT: OPPORTUNITIES FOR TEACHING ARTISTS AND CLASSROOM TEACHERS. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS AND FAMILY RELATIONSHIPS DIRECTORS MARC E. BERSON AND ANNE E. ESTABROOK HAVE A BUSINESS RELATIONSHIP. DIRECTORS MARC E. BERSON AND HON. CLIFFORD M. SOBEL HAVE A BUSINESS RELATIONSHIP. DIRECTORS CHARLES F. LOWREY AND RISHI VARMA HAVE A BUSINESS RELATIONSHIP. DIRECTORS ELIZBETH MAHER MUAIO AND DEEPAK RAJ HAVE A BUSINESS RELATIONSHIP. DIRECTORS RAYMOND G. CHAMBERS AND CHRISTINE C. GILFILLAN HAVE A FAMILY RELATIONSHIP. DIRECTORS RAYMOND G. CHAMBERS AND LAWRENCE E. BATHGATE II, ESQ. HAVE A BUSINESS RELATIONSHIP. DIRECTORS RAYMOND G. CHAMBERS AND CLIFFORD M. SOBEL HAVE A BUSINESS RELATIONSHIP. DIRECTORS RAYMOND G. CHAMBERS AND JAMES L. BILDNER HAVE A BUSINESS RELATIONSHIP. DIRECTORS RAYMOND G. CHAMBERS AND MODIA BUTLER HAVE A BUSINESS RELATIONSHIP. DIRECTORS RAYMOND G. CHAMBERS AND MARC E. BERSON HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW FORM 990 THE FORM 990 IS PREPARED AND REVIEWED BY KPMG, LLP, THE INDEPENDENT ACCOUNTING FIRM THAT ALSO PERFORMS THE ANNUAL AUDIT OF NJPAC. THE AUDIT COMMITTEE THEN REVIEWS AND APPROVES THE FINAL FORM 990 IN A MEETING ATTENDED BY COMMITTEE MEMBERS, NJPAC MANAGEMENT AND KPMG. AFTER APPROVAL, A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS. THE AUDIT COMMITTEE CHAIR, CHIEF FINANCIAL OFFICER AND KPMG MAKE THEMSELVES AVAILABLE FOR QUESTIONS PRIOR TO THE FILING OF THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICT OF INTEREST POLICY ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES COMPLETE AN ANNUAL QUESTIONNAIRE TO DISCLOSE POTENTIAL CONFLICTS. THE QUESTIONNAIRE INCLUDES KEY DEFINITIONS AND EXAMPLES. IN ADDITION, THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY WITH OFFICERS, DIRECTORS AND KEY EMPLOYEES AND THE SAME ARE REGULARLY REMINDED TO DISCLOSE ANY CHANGES. FOR ALL ACTUAL AND POTENTIAL CONFLICTS THAT ARE IDENTIFIED BY NJPAC MANAGEMENT, THE AFFECTED PERSON IS REQUIRED TO RECUSE HIMSELF OR HERSELF FROM ALL TRANSACTIONS, DELIBERATIONS, NEGOTIATIONS AND OTHER MATTERS RELATING TO SUCH INTEREST. NEW OFFICERS, DIRECTORS AND KEY EMPLOYEES UNDERGO AN ORIENTATION WHICH INCLUDES A REVIEW OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR OFFICERS THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS (ECC), WHICH SERVES AS THE COMPENSATION COMMITTEE, ANNUALLY ENGAGES AN INDEPENDENT CONSULTANT TO PROVIDE COMPARABILITY DATA FOR ALL VICE PRESIDENT LEVEL AND ABOVE OFFICERS. THE CONSULTANT ADVISES EEC ON THE REASONABLENESS OF THE CURRENT COMPENSATION AND THE ECC REVIEWS THE CEO'S RECOMMENDATION ON SENIOR MANAGEMENT COMPENSATION FOR REASONABLENESS. THE REVIEW IS CONTEMPORANEOUSLY DOCUMENTED. COMPENSATION PROCESS FOR TOP OFFICERS THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS (ECC), WHICH SERVES AS THE COMPENSATION COMMITTEE, ANNUALLY ENGAGES AN INDEPENDENT CONSULTANT TO PROVIDE COMPARABILITY DATA FOR THE PRESIDENT & CHIEF EXECUTIVE OFFICER (CEO). NJPAC'S EXECUTIVE COMMITTEE MAKES A RECOMMENDATION ON CEO ANNUAL INCREASES AND BONUSES, BASED ON BOTH INDIVIDUAL AND THE ORGANIZATION'S PERFORMANCE. THE CONSULTANT ADVISES EEC ON THE REASONABLENESS OF THE CEO'S CONTRACT, BASE, AND AT-RISK COMPENSATION. WITH THIS INFORMATION, THE ECC REVIEWS THE EXECUTIVE COMMITTEE'S RECOMMENDATION FOR REASONABLENESS. THE BOARD OF DIRECTORS IS INFORMED OF THE NATURE OF THE PROCESS AND MAY REQUEST ADDITIONAL INFORMATION FROM THE ECC CHAIR. THE REVIEW IS CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENT DISCLOSURE NJPAC PUBLISHES AN ANNUAL REPORT TO THE COMMUNITY WHICH INCLUDES FINANCIAL STATEMENT HIGHLIGHTS. THIS REPORT IS DISTRIBUTED TO KEY STAKEHOLDERS AND IS AVAILABLE ON NJPAC'S WEBSITE - WWW.NJPAC.ORG. NJPAC'S CONFLICT OF INTEREST POLICY, FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE DISTRIBUTED TO THE BOARD OF DIRECTORS AND ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. ADDITIONALLY, THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON NJPAC'S WEBSITE. THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 213,363. THEATER SQUARE DEVELOPMENT COMPANY ONE CENTER STREET NEWARK NJ 07102 611674276 REAL ESTATE NJ 317784 0 NJPAC HIP HOP NUTCRACKER TOUR LLC ONE CENTER STREET NEWARK NJ 07102 444317845 PERF ARTS NJ 874460 0 NJPAC NJ MEDIA PRODUCTION STAGES LLC ONE CENTER STREET NEWARK NJ 07102 812214790 REAL ESTATE DE 0 0 NJPAC NJ MEDIA PRODUCTION STUDIOS LLC ONE CENTER STREET NEWARK NJ 07102 842250306 REAL ESTATE DE 345841 0 NJPAC NJ MEDIA PRODUCTION HOLDINGS LLC ONE CENTER STREET NEWARK NJ 07102 842257353 PERF ARTS DE 0 0 NJPAC NJ MEDIA PRODUCTION MANAGEMENT LLC ONE CENTER STREET NEWARK NJ 07102 611674276 REAL ESTATE DE 0 0 NJPAC THE ARTS EDUCATION ENDOWMENT FUND ONE CENTER STREET NEWARK NJ 07102 223196074 SUPPORT ORG NJ 501(C)(3) 12A NJPAC 1 NJ CTR FOR PERFORMING ARTS DEV CORP ONE CENTER STREET NEWARK NJ 07102 222049475 REAL ESTATE NJ NJPAC C 1.00000 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 THE ARTS EDUCATION ENDOWMENT FUND C 56769 5% ENDOW VALUE