2011-04-15T18:40:39-05:00 2010-06-30 990 2009-07-01 222889703 NEW JERSEY PERFORMING ARTS CENTER CORPORATION NEWJ 9736428989 ONE CENTER STREET NEWARK NJ 07102 LAWRENCE P GOLDMAN 9736428989 2011-04-09 ANTHONY F PAREDES 2011-04-15 2009 2016-02-24 21:20:13Z LAWRENCE P GOLDMAN ONE CENTER STREET NEWARK NJ 07102 26404616 false X WWW.NJPAC.ORG X 1988 NJ TO PRESENT THE WORLD'S GREATEST ARTISTS IN A PREMIER CULTURAL SETTING; TO BE "NEW JERSEY'S TOWN SQUARE" THROUGH CIVIC, SOCIAL, CULTURAL AND INTELLECTUAL ENGAGEMENT AND A STAGE FOR NEW JERSEY'S BEST ARTISTS; TO ENRICH CHILDREN AND FAMILIES AND THE GREATER COMMUNITY THROUGH LIFELONG ARTS EDUCATION; TO BRING DIVERSE COMMUNITIES TOGETHER AND TO BE A MAJOR DRIVER OF NEWARK'S REVITALIZATION. 54 48 523 350 149243 27176452 12176706 10424564 7892980 104971 1041274 1154957 622855 38860944 21733815 99394 119116 0 11735052 10966537 197433 44583 2001859 18826768 16927793 30858647 28058029 8002297 -6324214 214590650 213464595 13601289 13531125 200989361 199933470 TO PRESENT THE WORLD'S GREATEST ARTISTS IN A PREMIER CULTURAL SETTING; TO BE "NEW JERSEY'S TOWN SQUARE" THROUGH CIVIC, SOCIAL, CULTURAL AND INTELLECTUAL ENGAGEMENT AND A STAGE FOR NEW JERSEY'S BEST ARTISTS; TO ENRICH CHILDREN AND FAMILIES AND THE GREATER COMMUNITY THROUGH LIFELONG ARTS EDUCATION; TO BRING DIVERSE COMMUNITIES TOGETHER AND TO BE A MAJOR DRIVER OF NEWARK'S REVITALIZATION. false false 9421138 7073559 PERFORMANCES AND PERFORMANCE RELATED PROGRAMS PRESENTED APPROXIMATELY 234 PERFORMANCES AND OTHER EVENTS WITH OVER 190,000 PATRONS IN ATTENDANCE. PROGRAMS INCLUDED ORCHESTRA, RECITAL, MUSICAL THEATER, DANCE, POP, FAMILY, JAZZ AND OTHER DISCIPLINES, PERFORMED BY LOCAL,NATIONAL AND INTERNATIONAL ARTISTS. 3374916 119116 819421 ARTS EDUCATION PROGRAMS CONDUCTED ARTS EDUCATION ACTIVITIES THAT CATER TO THE FULL SPECTRUM OF SCHOOLS' NEEDS AND CHILDREN'S ABILITIES WITH IN-SCHOOL INSTRUCTION THROUGH THE ARTIST-IN-RESIDENCY PROGRAMS, CONSERVATORY-STYLE ARTS TRAINING INITIATIVES FOR TALENTED STUDENTS, PROFESSIONAL DEVELOPMENT FOR EDUCATORS AND LIVE PERFORMANCES THROUGH THE SCHOOLTIME AND FAMILYTIME SERIES. PRESENTED APPROXIMATELY 105 SCHOOLTIME AND FAMILYTIME PERFORMANCES WITH A WIDE VARIETY OF ARTISTS IN MUSIC, DANCE AND THEATER. IN ADDITION, SUPPLEMENTAL WORKSHOPS, LECTURES, CURRICULUM MATERIALS AND COMMUNITY EVENTS WERE HELD. MORE THAN 32,000 CHILDREN, PARENTS AND EDUCATORS WERE SERVED BY NJPAC'S ARTS EDUCATION PROGRAMS DURING THE YEAR ENDED JUNE 30, 2010. 7349907 THEATER OPERATIONS PROVIDED SERVICES FOR THE MANAGEMENT, OPERATION AND MAINTENANCE OF THE ARTS CENTER, PARKING FACILITIES AND THEATER SQUARE PLAZA FOR PUBLIC USE AND ENJOYMENT. 2052300 MARKETING AND PUBLIC AFFAIRS NJPAC KEEPS THE PUBLIC AND THE MEDIA FULLY INFORMED ABOUT ITS PROGRAMS, EVENTS AND EDUCATIONAL ACTIVITIES. 2052300 22198261 true true false false false false true false true true false true false false false false false true true false false false true true false false false false false false true true true true false false false true false false false true 299 0 true 523 true true true true NT false false true true true true false false false false false 54 48 true false false false false false false true true true false true true true true true true true true false NJ NY FL X X RENE TOVERA 9736428989 ONE CENTER STREET NEWARK NJ 07102 LAWRENCE P GOLDMAN 50.00 X X 696292 0 124690 A MICHAEL LIPPER 1.00 X 0 0 0 ALLEN L BILDNER 1.00 X 0 0 0 ANDREW P SIDAMON-ERISTOFF 1.00 X 0 0 0 ANN D BOROWIEC 1.00 X 0 0 0 ANN M LIMBERG 1.00 X 0 0 0 ANNE E ESTABROOK 1.00 X 0 0 0 ARTHUR F RYAN 1.00 X X 0 0 0 BARBARA BELL-COLEMAN 1.00 X 0 0 0 BRENDAN P DOUGHER 1.00 X 0 0 0 BRIAN T BEDOL 1.00 X 0 0 0 CAROL HERBERT 1.00 X 0 0 0 CHARLES CRAIG JR 1.00 X 0 0 0 CHRISTINE C GILFILLAN 1.00 X 0 0 0 CHRISTOPHER J CHRISTIE 1.00 X 0 0 0 CLIFFORD M SOBEL 1.00 X 0 0 0 CLIVE S CUMMIS 1.00 X 0 0 0 CORY A BOOKER 1.00 X 0 0 0 DAVID S STONE 1.00 X 0 0 0 DEBORAH SAGNER 1.00 X 0 0 0 DENNIS M BONE 1.00 X 0 0 0 DIANA T VAGELOS 1.00 X 0 0 0 DONALD A ROBINSON 1.00 X X 0 0 0 DONALD PAYNE JR 1.00 X 0 0 0 FRED CORRADO 1.00 X 0 0 0 GABRIELLA MORRIS 1.00 X 0 0 0 HAROLD R DENTON 1.00 X 0 0 0 J CHRIS SCALET 1.00 X 0 0 0 JOHN R STRANGFELD JR 1.00 X 0 0 0 JON CORZINE 1.00 X 0 0 0 JOSEPH N DIVINCENZO JR 1.00 X 0 0 0 JOSH S WESTON 1.00 X 0 0 0 JUDITH JAMISON 1.00 X 0 0 0 KIMBERLY GUADAGNO 1.00 X 0 0 0 LAWRENCE E BATHGATE 1.00 X 0 0 0 LEON G COOPERMAN 1.00 X 0 0 0 LEONARD LIEBERMAN 1.00 X X 0 0 0 LUCIA DINAPOLI GIBBONS 1.00 X 0 0 0 MARC E BERSON 1.00 X X 0 0 0 MARC H MORIAL 1.00 X 0 0 0 MICHAEL A TANENBAUM 1.00 X 0 0 0 MICHAEL R GRIFFINGER 1.00 X 0 0 0 MILDRED CRUMP 1.00 X 0 0 0 N LYNNE HUGHES 1.00 X 0 0 0 NINA M WELLS 1.00 X 0 0 0 PAT A DIFILIPPO 1.00 X 0 0 0 PERCY CHUBB III 1.00 X 0 0 0 R DAVID ROUSSEAU 1.00 X 0 0 0 RALPH A LAROSSA 1.00 X 0 0 0 RAYMOND G CHAMBERS 1.00 X X 0 0 0 RICHARD BAGGER 1.00 X 0 0 0 ROBERT BERTOLINI 1.00 X 0 0 0 ROBERT C WAGGONER 1.00 X 0 0 0 SAVION GLOVER 1.00 X 0 0 0 SHARON E BURTON TURNER 1.00 X 0 0 0 SHEILA F KLEHM 1.00 X 0 0 0 STEVEN E GROSS 1.00 X 0 0 0 STEVEN M GOLDMAN 1.00 X 0 0 0 SUSAN N SOBBOTT 1.00 X 0 0 0 THOMAS H KEAN 1.00 X 0 0 0 THOMAS M O'FLYNN 1.00 X 0 0 0 VERONICA M GOLDBERG 1.00 X 0 0 0 VICTOR PARSONNET 1.00 X 0 0 0 WILLIAM J MARINO 1.00 X X 0 0 0 BOBBIE ARBESFELD 50.00 X 286538 0 23002 PETER HANSEN 50.00 X 237376 0 20998 CATRINA BOISSON 50.00 X 170511 0 22567 JEFFREY NORMAN 50.00 X 141127 0 8827 WARREN TRANQUADA 50.00 X 133752 0 5412 SANDRA BOWIE 50.00 X 128300 0 9672 ROSS RICHARDS 50.00 X 124004 0 13971 CAROLYN VAN DUSEN 50.00 X 123768 0 25667 AUSTIN CLEARY 50.00 X 117178 0 8240 BARAKA SELE 50.00 X 110460 0 6463 RENATO TOVERA 50.00 X 103769 0 18735 CHAD SPIES 50.00 X 98724 0 18190 STEPHANIE HUGHLEY 50.00 X 96379 0 8546 SANAZ HOJREH 50.00 X 79597 0 10080 ERNEST DIROCCO 50.00 X 117233 0 17904 WILLIAM WORMAN 50.00 X 112840 0 20075 MARY JAFFA 50.00 X 101103 0 3849 M JOHN RICHARD X 147754 0 0 3126705 366888 16 true true false ELIRAN MURPHY GROUP LTD 1040 AVENUE OF THE AMERICAS NEW YORK NY 10036 ADVERTISING 788459 GATEWAY SECURITY INC 604-608 MARKET STREET NEWARK NJ 07105 SECURITY SERVIC 426065 COLUMBIA ARTISTS MGT LLC 1790 BROADWAY NEW YORK NY 10019 ARTISTS/PERFORM 399082 ISS TMC SERVICES INC 81 DORSA AVENUE LIVINGSTON NJ 07039 JANITORIAL SERV 332326 NJ SYMPHONY ORCHESTRA 60 PARK PLACE NEWARK NJ 07102 ARTIST/PERFORME 237272 18 1493402 53540 1454262 9175502 1469756 12176706 PERFORMANCE RELATED 711110 7073559 7073559 ARTS EDUCATION REVENUE 711110 819421 819421 7892980 1409963 1409963 929997 823670 106327 106327 106327 2708050 3076739 -368689 -368689 -368689 299000 1493402 770392 -471392 -471392 PARKING SERVICES 900099 551604 551604 FOOD SERVICES 900099 167277 167277 ADVERTISING FEES 541800 149243 149243 119796 119796 987920 21733815 8366592 149243 1041274 119116 119116 3016998 1212728 1417004 387266 6111757 4676620 669348 765789 120689 96455 6440 17794 884087 767000 2107 114980 833006 722403 6229 104374 52539 2916 49623 99521 99521 44583 44583 796202 557617 164301 74284 2416561 2165672 15292 235597 525554 311559 146267 67728 2341275 2269222 71330 723 149901 124464 19406 6031 300615 203082 49195 48338 123966 39266 84082 618 4119434 3912226 117404 89804 445836 445836 ARTIST & PERFORMER FEES 3504391 3504391 REAL ESTATE PRE-DEVELPMNT 658970 658970 PARKING OPERATIONS 491297 491297 PRODUCTION COSTS 333981 315403 18578 TELECOMMUNICATIONS 123088 16193 106169 726 444662 244795 156643 43224 28058029 22198261 3857909 2001859 6126234 4448980 19424944 17502204 1328106 858234 926449 915513 184813040 49948229 137659721 134864811 43174008 44142982 5951188 10731871 214590650 213464595 3881895 3911496 2961562 2290829 5200000 5800000 1172317 1133477 385515 395323 13601289 13531125 X 125020212 124377646 14190580 14186227 61778569 61369597 200989361 199933470 214590650 213464595 X false true true X false X 10014656 20172682 17560840 27176452 12176706 87101336 10014656 20172682 17560840 27176452 12176706 87101336 18422725 68678611 697152 961814 847236 1505500 1516290 5527992 2456686 1437906 6702595 1303510 987920 12888617 105517945 54340061 0.65090 0.66350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false 115710 X false false false 53714417 -264720 6276618 2389460 57336855 62559026 7472587 -13718203 2598993 53714417 1.00000 false false false 174008610 42936593 131072017 10796475 7011636 3784839 7955 7955 134864811 HEDGE FUNDS 10731871 F 10731871 ASSET RETIREMENT OBLIGATION 323020 FUNDS HELD FOR OTHERS 49929 ESTIMATED GIFT ANNUITY LIABILITY 22374 395323 21733815 28058029 -6324214 5268323 55156 5323479 -1000735 27329508 5268323 272214 55156 5595693 21733815 21733815 28330243 272214 272214 28058029 28058029 COLLECTIONS AND RELATION TO EXEMPT PURPOSE SCHEDULE D, PAGE 2, PART III, LINE 4 ART COLLECTIONS CONSIST OF AFRICAN ARTS AND ARTIFACTS. THE COLLECTIONS ARE DISPLAYED AT CONSPICUOUS SPACES FOR THE ENJOYMENT OF THEATER PATRONS AND THE GENERAL PUBLIC. INTENDED USES FOR ENDOWMENT FUNDS SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUND REVENUE IS USED FOR GENERAL OPERATING SUPPORT UNLESS IT IS RESTRICTED BY THE DONOR FOR A SPECIFIC PURPOSE. LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X EFFECTIVE JULY 1, 2009, NJPAC ADOPTED THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD(FASB)ACCOUNTING STANDARDS CODE(ASC) SUBTOPIC 740-10, INCOME TAXES (ASC 740-10) AND FASB ASU 2009-06,INCOME TAXES (TOPIC 740): IMPLEMENTATION GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND DISCLOSURE AMENDMENTS FOR NON-PUBLIC ENTITIES. MANAGEMENT REVIEWS TRANSACTIONS TO ESTIMATE POTENTIAL TAX LIABILITIES. IT IS MANAGEMENT'S ESTIMATION THAT THERE ARE NO MATERIAL TAX LIABILITIES THAT NEED TO BE RECORDED. RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 NET INVESTMENT INCOME OF THE ARTS EDUCATION ENDOWMENT 0 FUND IN HONOR OF RAYMOND G. CHAMBERS INC. - INCLUDED IN 0 CONSOLIDATED AUDITED FINANCIAL STATEMENTS 55,156 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D NET INVESTMENT INCOME OF THE ARTS EDUCATION ENDOWMENT 0 FUND IN HONOR OF RAYMOND G. CHAMBERS INC. - INCLUDED IN 0 CONSOLIDATED AUDITED FINANCIAL STATEMENTS 55,156 X X X X X X X true EVERGREEN PARTNERS INC SPECIAL EV true 1792402 71700 1720702 THE LUKENS COMPANY DIRECT MAI true 416000 42000 374000 SUE-ELLEN WRIGHT CORPORATE true 75000 5163 69837 2283402 118863 2164539 NJ NY FL ANNUAL GALA 1792402 1493402 299000 770392 1792402 1493402 299000 770392 770392 -471392 true THE STAR-LEDGER SCHOLARSHIPS 12 80000 THE JEFFREY CAROLLO MUSIC SCHOLARSHIPS 12 18666 THE MCJ BERKLEE COLLEGE OF MUSIC SCHOLARSHIPS 5 20450 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES SCHEDULE I, PAGE 1, PART I, LINE 2 THE STAR LEDGER SCHOLARSHIP PROGRAM IS DESIGNED TO PROVIDE HIGHER EDUCATION OPPORTUNITIES FOR THE YOUNG PEOPLE OF NEWARK. THIS PROGRAM ENABLES NJPAC TO IDENTIFY, CULTIVATE AND TRAIN GIFTED COLLEGE-BOUND NEWARK HIGH SCHOOL SENIORS WHO DEMONSTRATE THE POTENTIAL TO BECOME LEADING ARTS PROFESSIONALS. THE SCHOLARSHIPS SUPPORT A 4-YEAR EDUCATION LEADING TO THE COMPLETION OF A DEGREE FROM AN ACCREDITED UNDERGRADUATE INSTITUTION. THE SCHOLARSHIPS ALSO PROVIDE THE OPPORTUNITY TO GAIN PRACTICAL EXPERIENCE THROUGH INTERNSHIPS AT NJPAC. THE JEFFREY CAROLLO MUSIC SCHOLARSHIP PROGRAM PROVIDES COMPREHENSIVE TRAINING 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. MCJ-AMELIOR FOUNDATION SPONSORED FIVE FULL SCHOLARSHIPS TO THE 2010 BERKLEE FIVE-WEEK SUMMER PERFORMANCE PROGRAM. SCHOLARS WERE CHOSEN THROUGH FACULTY RECOMMENDATION AND AUDITIONS. THE SCHOLARS JOINED APPROXIMATELY 900 PARTICIPANTS FROM THE US AND 69 OTHER COUNTRIES TO SHARE IN A PREMIERE CONTEMPORARY MUSIC SUMMER PROGRAM FOR YOUNG MUSICIANS WITH WORLD-CLASS BERKLEE FACULTY, VISITING ARTISTS AND STATE-OF-THE ART FACILITIES. CANDIDATES MUST AUDITION AT THE NJPAC'S ANNUAL YOUNG ARTIST TALENT SEARCH. AUDITIONEERS ARE EVALUATED ON TECHNICAL ABILITY AND ARTISTIC INTERPRETATION BY AN AUDITION COMMITTEE AND SCHOLARSHIP ADVISORY COMMITTEE. SCHOLARSHIP GRANTS ARE PAID DIRECTLY TO THE SCHOOL BY NJPAC UP TO THE GRANT AMOUNT. IN CASES WHERE THE GRANT EXCEEDS THE TUITION DUE, IT IS PAID TO THE STUDENT TO COVER OTHER EDUCATIONAL EXPENSES FOR THE TERM. ALL SCHOLARSHIP PAYMENTS ARE CONTINGENT ON VERIFICATION OF ENROLLMENT EACH SEMESTER. X true true X X X X X X false false false false false false false true false LAWRENCE P GOLDMAN 517490 163998 14804 105987 18703 820982 BOBBIE ARBESFELD 236236 47000 3302 6650 16352 309540 PETER HANSEN 190677 44000 2699 1910 19088 258374 CATRINA BOISSON 146919 22875 717 3085 19482 193078 M JOHN RICHARD 147754 147754 147754 FRINGE OR EXPENSE EXPLANATION SCHEDULE J, PAGE 1, PART I, LINE 1A CERTAIN OFFICERS ARE REIMBURSED FOR THE COST OF OBTAINING SUPPLEMENTAL INSURANCE AS PROVIDED IN THEIR EMPLOYMENT CONTRACTS. THE REIMBURSEMENT PAYMENT IS GROSSED-UP TO ACCOUNT FOR THE ADDITIONAL TAX COST OF RECEIVING THIS BENEFIT. THE GROSSED-UP AMOUNT IS REPORTED AS TAXABLE INCOME IN THE OFFICERS' W-2. NON-FIXED PAYMENTS PROVIDED SCHEDULE J, PAGE 1, PART I, LINE 7 A VARIABLE PORTION OF THE COMPENSATION OF CERTAIN OFFICERS IS "AT RISK." A TARGET AMOUNT FOR THIS VARIABLE COMPENSATION IS SET FOR EACH OFFICER WHICH IS A PERCENTAGE OF SALARY BASED ON LEVEL OF POSITION. NJPAC POLICY,SET AND PERIODICALLY REVIEWED BY THE HUMAN RESOURCES COMMITTEE OF THE BOARD, PROVIDES FOR THE PAYMENT OF UP TO THE MAXIMUM OF THIS TARGET BASED ON THE OFFICER'S ANNUAL PERFORMANCE REVIEW. THE RESULTING TOTAL COMPENSATION IS REVIEWED BY THE HUMAN RESOURCES COMMITTEE ANNUALLY. RALPH A LAROSSA BOARD MEMBER 451534 PSE&G- ELECTRIC false THOMAS M O'FLYNN BOARD MEMBER 451534 PSE&G- ELECTRIC false WILLIAM J MARINO BOARD MEMBER 895171 HORIZON- INSURANCE false DENNIS M BONE BOARD MEMBER 105432 VERIZON-TELEPHONE false JUDITH JAMISON BOARD MEMBER 175000 A. AILEY-PERFORMANCE false CLIVE S CUMMIS BOARD MEMBER 19250 FAMILY - CONSULTANT false X 2 1420002 X 1 49754 false true false ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION TO PRESENT THE WORLD'S GREATEST ARTISTS IN A PREMIER CULTURAL SETTING; TO BE "NEW JERSEY'S TOWN SQUARE" THROUGH CIVIC, SOCIAL, CULTURAL AND INTELLECTUAL ENGAGEMENT AND A STAGE FOR NEW JERSEY'S BEST ARTISTS; TO ENRICH CHILDREN AND FAMILIES AND THE GREATER COMMUNITY THROUGH LIFELONG ARTS EDUCATION; TO BRING DIVERSE COMMUNITIES TOGETHER AND TO BE A MAJOR DRIVER OF NEWARK'S REVITALIZATION. ALL OTHER ACHIEVEMENTS DESCRIPTION FORM 990, PAGE 2, PART III, LINE 4D MARKETING AND PUBLIC AFFAIRS NJPAC KEEPS THE PUBLIC AND THE MEDIA FULLY INFORMED ABOUT ITS PROGRAMS, EVENTS AND EDUCATIONAL ACTIVITIES. FINANCIAL ACCOUNTS IN FOREIGN COUNTRIES FORM 990, PART V, LINE 4B NETHERLANDS ANTILLES, CAYMAN ISLANDS RELATED PARTY INFORMATION AMONG OFFICERS FORM 990, PAGE 6, PART VI, LINE 2 MARC BERSON CLIFFORD SOBEL DIRECTOR DIRECTOR BUSINESS RELATIONSHIP MARC BERSON RAYMOND G. CHAMBERS DIRECTOR DIRECTOR BUSINESS RELATIONSHIP RAYMOND G. CHAMBERS BARBARA BELL-COLEMAN DIRECTOR DIRECTOR BUSINESS RELATIONSHIP RAYMOND G. CHAMBERS ALLEN L. BILDNER DIRECTOR DIRECTOR BUSINESS RELATIONSHIP RAYMOND G. CHAMBERS LAWRENCE P. BATHGATE DIRECTOR DIRECTOR BUSINESS RELATIONSHIP RAYMOND G. CHAMBERS CHRISTINE C. GILFILLAN DIRECTOR DIRECTOR FAMILY RELATIONSHIP CHRISTINE C. GILFILLAN BARBARA BELL-COLEMAN DIRECTOR DIRECTOR BUSINESS RELATIONSHIP WILLIAM MARINO BARBARA BELL-COLEMAN DIRECTOR DIRECTOR BUSINESS RELATIONSHIP RICHARD BAGGER CHRISTOPHER CHRISTIE DIRECTOR DIRECTOR BUSINESS RELATIONSHIP ROSS RICHARDS SANAZ HOJREH OFFICER OFFICER FAMILY RELATIONSHIP OFFICERS WHO CANNOT BE REACHED FORM 990, PAGE 6, PART VI, LINE 9 CLIVE S. CUMMIS (DECEASED) ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11 FORM 990 IS PREPARED INTERNALLY BY THE FINANCE DEPARTMENT. THE DRAFT FORM 990 IS REVIEWED BY THE INDEPENDENT ACCOUNTING FIRM OF KPMG. THE AUDIT COMMITTEE THEN REVIEWS AND APPROVES THE FINAL 990 IN A MEETING ATTENDED BY COMMITTEE MEMBERS, NJPAC MANAGEMENT AND INDEPENDENT ACCOUNTANTS. AFTER APPROVAL, AN INFORMATION COPY OF THE 990 IS MADE AVAILABLE TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW. THE AUDIT COMMITTEE CHAIR, CHIEF FINANCIAL OFFICER AND THE INDEPENDENT ACCOUNTANTS MAKE THEMSELVES AVAILABLE FOR QUESTIONS PRIOR TO THE FILING OF THE RETURN WITH THE IRS. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C 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. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A THE HUMAN RESOURCES COMMITTEE ANNUALLY ENGAGES AN INDEPENDENT CONSULTANT TO PROVIDE COMPARABILITY DATA FOR ALL VICE PRESIDENT LEVEL AND ABOVE OFFICERS. THE CONSULTANT ADVISES THE COMMITTEE ON THE REASONABLENESS OF CURRENT COMPENSATION. THE PRESIDENT AND CEO ADVISES THE COMMITTEE ON ACTIONS IMPACTING THE COMPENSATION OF VICE PRESIDENTS. THE EMPLOYMENT CONTRACTS FOR THE PRESIDENT AND CEO AND EXECUTIVE VICE PRESIDENT AND COO ARE REVIEWED BY THE COMMITTEE AND THE CONSULTANT. THE HUMAN RESOURCES COMMITTEE CHAIR RECOMMENDS THE CONTRACTS TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR REVIEW AND APPROVAL. THE BOARD OF DIRECTORS IS INFORMED OF THE NATURE OF THE PROCESS AND MAY REQUEST ADDITIONAL INFORMATION FROM THE HUMAN RESOURCES COMMITTEE CHAIR. THE DELIBERATIONS AND DECISION OF THE HUMAN RESOURCES COMMITTEE ARE DOCUMENTED CONTEMPORANEOUSLY IN THE MINUTES. THE MINUTES ARE SUBMITTED TO THE EXECUTIVE COMMITTEE OF THE BOARD AND ARE ALSO DOCUMENTED IN THE MINUTES. NO INDIVIDUALS WHO HAVE A CONFLICT OF INTEREST MAY BE INVOLVED IN THE COMPENSATION REVIEW, DISCUSSIONS AND DECISIONS. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B THE HUMAN RESOURCES COMMITTEE ANNUALLY ENGAGES AN INDEPENDENT CONSULTANT TO PROVIDE COMPARABILITY DATA FOR ALL VICE PRESIDENT LEVEL AND ABOVE OFFICERS. THE PRESIDENT AND CEO ADVISES THE COMMITTEE ON ACTIONS IMPACTING THE COMPENSATION OF VICE PRESIDENTS. THE VICE PRESIDENTS RECOMMEND THE COMPENSATION OF THEIR RESPECTIVE ASSISTANT VICE PRESIDENTS AND KEY EMPLOYEES BASED ON ANNUAL PERFORMANCE REVIEWS. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 NJPAC PUBLISHES AN ANNUAL REPORT TO THE COMMUNITY WHICH INCLUDES FINANCIAL STATEMENT HIGHLIGHTS. THIS REPORT IS DISTRIBUTED TO KEY STAKEHOLDERS AND IS AVAILABLE ON ITS 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 ON REQUEST. THE FORM 990 IS ALSO AVAILABLE AT WWW.GUIDSTAR.ORG CUSTODY OR CONTROL ARRANGEMENT SCHEDULE G, PAGE 1, PART I, LINE 2B, COLUMN (III) EVERGREEN PARTNERS INC. NJPAC HAS CUSTODY AND CONTROL OF CONTRIBUTIONS THE LUKENS COMPANY NJPAC HAS CUSTODY AND CONTROL OF CONTRIBUTIONS SUE-ELLEN WRIGHT NJPAC HAS CUSTODY AND CONTROL OF CONTRIBUTIONS FUNDRAISING VS. REIMBURSEMENT EXPLANATION SCHEDULE G, PAGE 1, PART I, LINE 2B, COLUMN (V) EVERGREEN PARTNERS INC. FIXED RETAINER FEE PLUS ACTUAL REIMBURSABLE EXPENSES THE LUKENS COMPANY FIXED RETAINER FEE PLUS ACTUAL REIMBURSABLE EXPENSES SUE-ELLEN WRIGHT FEE BASED ON ACTUAL HOURS THE ARTS EDUCATION ENDOWMENT FUND ONE CENTER STREET NEWARK NJ 07102 223196074 SUPPORTIN NJ 501 11B NA NJ CTR FOR PERFORMING ARTS DEV CORP (INACTIVE) ONE CENTER STREET NEWARK NJ 07102 222049475 REAL ESTAT NJ N/A C CORP 1.00000 false false true false false false false false false false false false false false false false false false THE ARTS EDUCATION ENDOWMENT FUND C 53540