2011-05-13T14:33:15-04:00 2010-06-30 WithumSmithBrown PC 1 SPRING STREET NEW BRUNSWICK NJ 08901 990 2009-07-01 222804063 NEWARK PERFORMING ARTS CORPORATION NEWA 9736434550 1030 BROAD STREET NEWARK NJ 071022410 greg ward 2011-05-10 7328281614 2009 2016-02-24 21:20:13Z 1761471 false X WWW.NEWARKSYMPHONYHALL.ORG X 1987 NJ PROVIDING ARTS AND CULTURAL EVENTS 16 16 183 50 0 744092 1010126 540033 735290 2468 593 23377 15462 1309970 1761471 0 0 938474 904193 1750 0 35943 780553 808337 1720777 1712530 -410807 48941 2226055 2118174 426102 228081 1799953 1890093 OPERATED NEWARK SYMPHONY HALL AND DEVELOPED AND PROVIDED ARTS, EDUCATION AND CULTURAL EVENTS FOR THE RESIDENTS OF NEWARK, NJ AND ITS SURROUNDING AREA. false false 403425 212460 EVENTS RENTALS AND SERVICES - represent the rental of the Concert Hall and Terrace Ballroom for concerts, weddings and other events. The services provided are staffing for each event, security, bar and concession services. 839712 460740 FACILITY OPERATIONS - represent the preparation and maintenance of the Concert Hall and Terrace Ballroom to facilitate the event. This includes but not limited to maintenance and up keep of floors, walls, seating, lighting, elevators and restrooms. The maintenance and upkeep of the smoke and burglar alarm systems, heating and cooling systems are also included. 37354 20505 YOUTH PROGRAMS - is a five-week, full-day program offering intensive instruction in vocal music; contemporary dance; drama; and creative writing for students age 9-13, without regard to previous experience. The Youth Program serviced up to 100 students each week for 5 weeks. 21215 41585 CONCESSIONS 21215 41585 1301706 true true false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 25 0 183 true false false false false false false false false 16 16 false false false false false false false true true false false true true true true true true true true false NJ X LINDA SIMON 9736434550 1030 BROAD STREET NEWARK NJ 071022410 ARTIE COLLINS 1.0 X X ELVIN ESTEVES 1.0 X X ALFRED BUNDY 1.0 X X GREG WARD 1.0 X X MARION BOLDEN 1.0 X CORBY ELLIS-MARE 1.0 X LUISA LOPEZ 1.0 X RICHARD MILLER 1.0 X GERALD OWENS 1.0 X ROBERT PROVOST 1.0 X CARL SHARIF 1.0 X MICHAEL K SHEEHAN 1.0 X RICHARD WESLEY 1.0 X J BARRY WASHINGTON 1.0 X PHILIP THOMAS 50.0 X 124632 0 0 124632 0 0 1 false false false 0 872975 137151 1010126 EVENTS RENTALS 209848 209848 EVENTS SERVICES 483857 483857 CONCESSION INCOME 41585 41585 735290 593 593 0 0 0 0 0 0 MISCELLANEOUS REVENUE 15462 15462 15462 1761471 750752 593 0 0 0 0 124632 100284 21578 2770 0 636462 515015 98900 22547 13889 11228 2199 462 48234 38995 7635 1604 80976 65464 12818 2694 0 1933 1933 23850 23850 0 0 0 57184 27670 29514 12843 9735 3108 83165 45668 34739 2758 0 0 411789 383290 28499 0 0 14838 2295 12543 2796 2796 0 64415 64415 0 DIRECT PROGRAM COSTS 16220 16220 BAD DEBTS 94882 94882 CONCESSIONS 12655 12655 LICENSES, FEES & SUBSCRIPTIONS 5976 5976 EQUIPMENT LEASE & MAINTENANCE 4337 4337 1454 1454 1712530 1301706 374881 35943 244315 38598 66637 1009 53386 0 44133 127819 23009 23009 2400 0 14461431 12533692 1792175 1927739 2226055 2118174 213105 120557 22850 0 54025 74099 65000 23000 71122 10425 426102 228081 X 1799953 1890093 1799953 1890093 2226055 2118174 X false true true X true true X 1541480 1644589 1897789 1311752 1001126 7396736 1541480 1644589 1897789 1311752 1001126 7396736 7396736 1611 5908 2550 2468 593 13130 299937 110437 22727 3425 15462 451988 7861854 0.94084 0.91373 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13905403 12040656 1864747 436278 434705 1573 119749 58330 61419 1927739 0 SALE TAX PAYABLE 10425 10425 1761471 1712530 48941 41199 41199 90140 1761471 1761471 1761471 1712530 1712530 1712530 FIN 48 FOOTNOTE PART X, LINE 2 The Corporation adopted the accounting pronouncement dealing with uncertain tax positions as of July 1, 2009. Upon adoption of this accounting pronouncement, the Corporation has no unrecognized tax benefits. Furthermore, the Corporation had no unrecognized tax Benefits at June 30, 2010. The Corporation has no open years subject to examination prior to June 30, 2007. In addition, the Corporation has no income tax related penalties or interest for the period reported in these financial statements. FORM 990, PART VI, LINE 11 COPY OF 990 PROVIDED TO BOARD MEMBERS AT REGULAR BOARD MEETING OR MAILED DIRECTLY TO BOARD MEMBERS PRIOR TO SUBMISSION. FORM 990, PART VI, LINE 19 DOCUMENTS MADE AVAILABLE UPON WRITTEN REQUEST FORM 990, PART VI, LINE 15 COMPENSATION OF THE EXECUTIVE DIRECTORS IS SET BY THE BOARD OF DIRECTORS AND IS BASED ON COMPARABLE SALARIES OF SIMIILAR NON PROFIT ORGANIZATIONS. THERE ARE NO OTHER TOP MANAGEMENT POSITIONS. FORM 990, PART VI, LINE 12C monitor and enforce compliance with the conflict of interest policy tHE ORGANIZATION KeepS records of all proceedings of the governing board. ANY member of the governing board who receives compensation or is thought to have a conflict of interest is prohibited from voting. Each governing board member shall sign an annual statement which affirms their UNDErstanding and compliance with our conflict of interest Policy. Periodic reviews are conducted to ensure that the organization is operating within the confines of our conflict of interest policy. The organization can obtain an outside expert if deemed necessary to oversee all conflicts of interest.