2024-05-08T16:00:42-05:00 2023-06-30 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2022-07-01 223196074 THE ARTS EDUCATION ENDOWMENT FUND IN HONOR OF RAYMOND G CHAMBERS INC ARTS 9736428989 ONE CENTER STREET NEWARK NJ 07102 MARY JAFFA VP, FINANCE 9736428989 2024-05-06 1 MARY JAFFA 999009999 0 EVAN W SEEKAMP P01907071 2127589700 2024-05-01 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN SCHREIBER ONE CENTER STREET NEWARK NJ 07102 219722 0 X WWW.NJPAC.ORG X 1992 NJ TO SUPPORT THE ARTS EDUCATION PROGRAMS OF THE NEW JERSEY PERFORMING ARTS CENTER. 60 57 0 74 0 0 0 0 0 0 54298 41089 0 0 54298 41089 56769 57095 0 0 0 0 0 0 0 3634 2372 60403 59467 -6105 -18378 1140500 1197392 0 0 1140500 1197392 TO SUPPORT THE ARTS EDUCATION PROGRAMS OF THE NEW JERSEY PERFORMING ARTS CENTER. 0 0 57095 57095 GRANTS: GRANT PAYMENT TO THE NEW JERSEY PERFORMING ARTS CENTER (NJPAC) IN SUPPORT OF ITS ARTS EDUCATION PROGRAMS. 57095 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 60 57 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X MARY JAFFA 9733538034 ONE CENTER STREET NEWARK NJ 07102 JOHN SCHREIBER PRESIDENT & CEO 0.20 50.00 X X 0 1179607 53878 LARA ABRASH BOARD MEMBER (END 6/2023) 0.10 1.00 X 0 0 0 MARSHA I ATKIND BOARD MEMBER (END 9/2022) 0.10 1.00 X 0 0 0 RAS J BARAKA BOARD MEMBER 0.10 1.00 X 0 0 0 LAWRENCE E BATHGATE II ESQ BOARD MEMBER 0.10 1.00 X 0 0 0 MARC E BERSON TREASURER 0.10 1.00 X 0 0 0 JAMES L BILDNER BOARD MEMBER 0.10 1.00 X 0 0 0 DANIEL M BLOOMFIELD MD BOARD MEMBER 0.10 1.00 X 0 0 0 MODIA BUTLER BOARD MEMBER 0.10 1.00 X 0 0 0 JACOB S BUURMA ESQ BOARD MEMBER 0.10 1.00 X 0 0 0 DR NANCY CANTOR BOARD MEMBER 0.10 1.00 X 0 0 0 REGINA CARTER BOARD MEMBER 0.10 1.00 X 0 0 0 RAYMOND G CHAMBERS FOUNDING CHAIR 0.10 1.00 X 0 0 0 MINDY COHEN BOARD MEMBER 0.10 1.00 X 0 0 0 MATTHEW CONNOR BOARD MEMBER 0.10 1.00 X 0 0 0 EDWAN DAVIS BOARD MEMBER 0.10 1.00 X 0 0 0 ENRICO DELLA CORNA BOARD MEMBER 0.10 1.00 X 0 0 0 PAT A DI FILIPPO BOARD MEMBER 0.10 1.00 X 0 0 0 JOSEPH N DIVINCENZO JR BOARD MEMBER 0.10 1.00 X 0 0 0 ROBERT H DOHERTY BOARD MEMBER (END 6/2023) 0.10 1.00 X 0 0 0 PATRICK C DUNICAN JR ESQ BOARD MEMBER (END 10/2022) 0.10 1.00 X 0 0 0 DEBBIE DYSON BOARD MEMBER 0.10 1.00 X 0 0 0 ANNE E ESTABROOK BOARD MEMBER 0.10 1.00 X 0 0 0 CHRISTINE C GILFILLAN BOARD MEMBER 0.10 1.00 X 0 0 0 SAVION GLOVER BOARD MEMBER 0.10 1.00 X 0 41300 0 STEVEN M GOLDMAN ESQ BOARD MEMBER 0.10 1.00 X 0 0 0 MICHAEL R GRIFFINGER ESQ SECRETARY 0.10 1.00 X 0 0 0 YAN GU BOARD MEMBER 0.10 1.00 X 0 0 0 RYAN P HAYGOOD ESQ BOARD MEMBER 0.10 1.00 X 0 0 0 WILLIAM V HICKEY BOARD MEMBER 0.10 1.00 X 0 0 0 JEFFREY T HOFFMAN BOARD MEMBER 0.10 1.00 X 0 0 0 RALPH IZZO PHD BOARD MEMBER 0.10 1.00 X 0 0 0 DAVID JONES ASSISTANT TREASURER 0.10 1.00 X 0 0 0 HON THOMAS H KEAN BOARD MEMBER 0.10 1.00 X 0 0 0 SCOTT KOBLER ESQ BOARD MEMBER 0.10 1.00 X 0 0 0 MITCHELL A LIVINGSTON ESQ BOARD MEMBER (END 12/2022) 0.10 1.00 X 0 0 0 CHARLES F LOWREY BOARD MEMBER 0.10 1.00 X 0 0 0 WILLIAM J MARINO BOARD MEMBER 0.10 1.00 X 0 0 0 ELLEN B MARSHALL BOARD MEMBER (END 11/2022) 0.10 1.00 X 0 0 0 ELIZABETH A MATTSON BOARD MEMBER 0.10 1.00 X 0 0 0 CHRISTIAN MCBRIDE BOARD MEMBER 0.10 1.00 X 0 24000 0 LAMONICA MCIVER BOARD MEMBER (AS OF 09/2022) 0.10 1.00 X 0 0 0 CARLOS MEDINA BOARD MEMBER 0.10 1.00 X 0 0 0 D NICHOLAS MICELI BOARD MEMBER 0.10 1.00 X 0 0 0 ELIZABETH MAHER MUOIO BOARD MEMBER 0.10 1.00 X 0 0 0 PHILIP D MURPHY BOARD MEMBER 0.10 1.00 X 0 0 0 BARRY H OSTROWSKY ESQ BOARD MEMBER 0.10 1.00 X 0 0 0 LUIS A QUINTANA BOARD MEMBER (END 9/2022) 0.10 1.00 X 0 0 0 DEEPAK RAJ BOARD MEMBER 0.10 1.00 X 0 0 0 EVA REDA BOARD MEMBER (END 12/2022) 0.10 1.00 X 0 0 0 DWAYNE REDMOND BOARD MEMBER (AS OF 04/2023) 0.10 1.00 X 0 0 0 STEPHEN O RICHARD BOARD MEMBER 0.10 1.00 X 0 0 0 RICHARD W ROPER BOARD MEMBER 0.10 1.00 X 0 0 0 ARTHUR F RYAN BOARD MEMBER 0.10 1.00 X 0 0 0 FAYEMI SHAKUR BOARD MEMBER 0.10 1.00 X 0 0 0 GARY D ST HILIARE BOARD MEMBER 0.10 1.00 X 0 0 0 HON CLIFFORD M SOBEL BOARD MEMBER 0.10 1.00 X 0 0 0 DAVID S STONE ESQ BOARD MEMBER 0.10 1.00 X 0 0 0 MICHAEL A TANENBAUM ESQ BOARD MEMBER 0.10 1.00 X 0 0 0 FAITH TAYLOR BOARD MEMBER 0.10 1.00 X 0 0 0 PETER TORCICOLLO BOARD MEMBER (AS OF 11/2022) 0.10 1.00 X 0 0 0 RISHI VARMA BOARD MEMBER 0.10 1.00 X 0 0 0 CARMEN VILLAR BOARD MEMBER 0.10 1.00 X 0 0 0 RICARDO A WATSON BOARD MEMBER 0.10 1.00 X 0 0 0 TAHESHA WAY BOARD MEMBER 0.10 1.00 X 0 0 0 NINA M WELLS ESQ BOARD MEMBER 0.10 1.00 X 0 0 0 JOSH S WESTON BOARD MEMBER 0.10 1.00 X 0 0 0 KAREN C YOUNG BOARD MEMBER 0.10 1.00 X 0 0 0 DAVID D RODRIGUEZ EVP & EXECUTIVE PRODUCER 0.10 50.00 X 0 517596 22461 TIMOTHY LIZURA SVP, REAL ESTATE & CAPITAL PROJECTS 0.10 50.00 X 0 372689 12641 LENNON REGISTER END 62023 VP & CHIEF FINANCIAL OFFICER 0.10 50.00 X 0 317142 24642 AMY FITZPATRICK VP, DEVELOPMENT 0.20 50.00 X 0 260077 42867 BETH SILVER CHIEF PEOPLE OFFICER 0.10 50.00 X 0 259596 46224 WARREN TRANQUADA EVP & COO (END 7/2022) 0.10 50.00 X 0 249000 1677 KATIE L SWORD VP, MARKETING 0.10 50.00 X 0 240077 11326 CHAD D SPIES VP, OPERATIONS & REAL ESTATE 0.10 50.00 X 0 227459 47064 JENNIFER L TSUKAYAMA VP, ARTS EDUCATION 0.10 50.00 X 0 215127 27166 AUSTIN G CLEARY AVP, SALES & PLANNING NJPAC EVENTS 0.10 50.00 X 0 201143 22323 JOHN EVAN WHITE VP, PROGRAMMING 0.10 50.00 X 0 181650 54093 MARY C JAFFA AVP, FINANCE 0.10 50.00 X 0 176474 21202 ERNEST DIROCCO END 62023 AVP, INFRASTRUCTURE AND OPERARTIONS 0.10 50.00 X 0 168173 27006 SARAH ROSEN MANAGING DIRECTOR, WA 0.10 50.00 X 0 165922 53034 ANDRE MUTOVIC VP, CHIEF TECHNOLOGY OFFICER 0.10 50.00 X 0 160769 24943 YOLANDA DOGANAY AVP & CONTROLLER (END 3/2023) 0.20 50.00 X 0 140262 43439 EYESHA MARABLE AVP, COMMUNITY ENGAGEMENT 0.10 50.00 X 0 127647 3513 ERIN MORALES AVP, INSTITUTIONAL GIVING 0.10 50.00 X 0 86808 3078 CHRISTOPHER MOSES SENIOR DIR, PRODUCTION 0.10 50.00 X 0 143833 15876 JOSH ADLER DIRECTOR, MAJOR GIFTS 0.10 50.00 X 0 135328 52771 TODD TANTILLO HEAD ENGINEER 0.10 50.00 X 0 134871 515 SIMMA LEVINE PRODUCER SPECIAL PROJECTS 0.10 50.00 X 0 113469 50809 CHARLENE A ROBERTS DIRECTOR, PERFORMANCE MARKETING 0.10 50.00 X 0 110913 48802 MEGGAN GOMEZ END 62022 AVP FACULTY & CREATIVE PRACTICE 0.10 50.00 X 0 120415 25907 0 6071347 737257 0 1 1 0 0 29138 29138 190584 178633 11951 11951 11951 41089 0 0 41089 57095 57095 2372 2372 59467 57095 2372 0 872545 931029 267955 266363 1140500 1197392 0 0 X 1140500 1197392 1140500 1197392 1140500 1197392 -18378 75270 0 X 0 1 X 1 0 X X X 1 NEW JERSEY PERFORMING ARTS CENTER CORPORATION 222889703 7 1 57095 0 1 57095 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1140500 116359 57095 2372 1197392 1339598 -138695 56769 3634 1140500 1104289 292063 53539 3215 1339598 1162015 -1955 53728 2043 1104289 1175956 41257 52990 2208 1162015 0.84561 0.15439 0 0 0 HEDGED STRATEGIES 146863 F PRIVATE EQUITY 98211 F COMMINGLED TRUST 21289 F 266363 X PART V, LINE 4: INTENDED USES FOR ENDOWMENT FUNDS ENDOWMENT INCOME IS USED TO SUPPORT THE ARTS EDUCATION PROGRAMS OF THE NEW JERSEY PERFORMING ARTS CENTER. 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, 2023 OR 2022. 1 NEW JERSEY PERFORMING ARTS CENTER ONE CENTER STREET NEWARK NJ 07102 222889703 501(C)(3) 57095 0 PROGRAM SUPPORT 1 0 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS GRANT FUNDS AWARDED TO THE NEW JERSEY PERFORMING ARTS CENTER ARE INTENDED TO SUPPORT ITS ARTS EDUCATION PROGRAMS. BOTH ORGANIZATIONS ARE MANAGED BY THE SAME OFFICERS AND DIRECTORS. APPROPRIATE RECORDS ARE MAINTAINED TO MONITOR AND TRACK THE USE OF THE FUNDS. 1 0 0 0 0 0 0 0 0 JOHN SCHREIBER PRESIDENT & CEO 0 881462 0 267750 0 30395 0 7406 0 46472 0 1233485 0 0 DAVID D RODRIGUEZ EVP & EXECUTIVE PRODUCER 0 451839 0 60000 0 5757 0 7316 0 15145 0 540057 0 0 TIMOTHY LIZURA SVP, REAL ESTATE & CAPITAL PROJECTS 0 330757 0 40000 0 1932 0 6715 0 5926 0 385330 0 0 LENNON REGISTER END 62023 VP & CHIEF FINANCIAL OFFICER 0 266063 0 40000 0 11079 0 9496 0 15146 0 341784 0 0 BETH SILVER CHIEF PEOPLE OFFICER 0 224272 0 32000 0 3324 0 5457 0 40767 0 305820 0 0 AMY FITZPATRICK VP, DEVELOPMENT 0 233902 0 25000 0 1175 0 4626 0 38241 0 302944 0 0 CHAD D SPIES VP, OPERATIONS & REAL ESTATE 0 199501 0 25000 0 2958 0 831 0 46233 0 274523 0 0 KATIE L SWORD VP, MARKETING 0 214437 0 25000 0 640 0 6093 0 5233 0 251403 0 0 WARREN TRANQUADA EVP & COO (END 7/2022) 0 209322 0 39000 0 678 0 0 0 1677 0 250677 0 0 JENNIFER L TSUKAYAMA VP, ARTS EDUCATION 0 188650 0 25000 0 1477 0 4622 0 22544 0 242293 0 0 JOHN EVAN WHITE VP, PROGRAMMING 0 160871 0 20000 0 779 0 7992 0 46101 0 235743 0 0 AUSTIN G CLEARY AVP, SALES & PLANNING NJPAC EVENTS 0 191754 0 5000 0 4389 0 4542 0 17781 0 223466 0 0 SARAH ROSEN MANAGING DIRECTOR, WA 0 144706 0 18000 0 3216 0 3961 0 49073 0 218956 0 0 MARY C JAFFA AVP, FINANCE 0 165247 0 10000 0 1227 0 8746 0 12456 0 197676 0 0 ERNEST DIROCCO END 62023 AVP, INFRASTRUCTURE AND OPERARTIONS 0 161532 0 3000 0 3641 0 0 0 27006 0 195179 0 0 JOSH ADLER DIRECTOR, MAJOR GIFTS 0 132449 0 1000 0 1879 0 4178 0 48593 0 188099 0 0 ANDRE MUTOVIC VP, CHIEF TECHNOLOGY OFFICER 0 155308 0 5000 0 461 0 933 0 24010 0 185712 0 0 YOLANDA DOGANAY AVP & CONTROLLER (END 3/2023) 0 135336 0 3000 0 1926 0 3393 0 40046 0 183701 0 0 SIMMA LEVINE PRODUCER SPECIAL PROJECTS 0 112619 0 500 0 350 0 2176 0 48633 0 164278 0 0 CHARLENE A ROBERTS DIRECTOR, PERFORMANCE MARKETING 0 106412 0 4000 0 501 0 1996 0 46806 0 159715 0 0 CHRISTOPHER MOSES SENIOR DIR, PRODUCTION 0 142291 0 500 0 1042 0 8295 0 7581 0 159709 0 0 MEGGAN GOMEZ END 62022 AVP FACULTY & CREATIVE PRACTICE 0 60039 0 0 0 60376 0 2211 0 23696 0 146322 0 0 PART I, LINE 4A SEVERANCE PAYMENTS: MEGGAN GOMEZ: $60,208 FORM 990, PART VI, SECTION A, LINE 2 BUSINESS AND FAMILY RELATIONSHIPS DIRECTORS TIMOTHY LIZURA AND ANN E. ESTABROOK 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 CLIFFORD M. SOBEL HAVE A BUSINESS RELATIONSHIP. DIRECTORS RAYMOND G. CHAMBERS AND JAMES L. BILDNER 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 SUPPORTED ORGANIZATION) AS WELL AS THE ARTS EDUCATION ENDOWMENT FUND. 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 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 TOP OFFICIAL NO COMPENSATION WAS PAID BY THE ORGANIZATION TO THE CEO. PAYMENT WAS MADE BY NJPAC. COMPENSATION PROCESS FOR OFFICERS NO COMPENSATION WAS PAID BY THE ORGANIZATION TO ITS OFFICERS. PAYMENT WAS MADE BY NJPAC. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENT DISCLOSURE THE ORGANIZATION'S FORM 990, AUDITED FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND OTHER GOVERNING DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC ON REQUEST. NEW JERSEY PERFORMING ARTS CENTER ONE CENTER STREET NEWARK NJ 07102 222889703 ARTS CTR NJ 501(C)(3) LINE 7 N/A 0 NJ CTR FOR PERFORMING ARTS DEV CORP ONE CENTER STREET NEWARK NJ 07102 222049475 REAL ESTATE NJ NJPAC C 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 NEW JERSEY PERFORMING ARTS CENTER B 57095 5% ENDOW VALUE