New Jersey Repertory Theatre Company Inc

Nonprofit profile at a glance

EIN
833416610
IRS 990-EZ coverage
2022–2023
Forms available
Form 990-EZ 2023, Form 990-N 2021
Location
North Brunswick, NJ, USA
Phone
7326794600
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Performing Arts Centers

Reported finances

Revenue
$49,575
Expenses
$50,493
Assets
$3,043

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • PHYLLIS KRISTJANSON (PRESIDENT)

People named in this filing

  • PHYLLIS KRISTJANSON (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

New Jersey repertory theatre and performing arts companys mission is to provide a community-based musical and dramatic arts organization for the purposes of presenting affordable and quality family entertainment. We strive to create opportunities for children and adults to develop their talents in all aspects of theater, on and off the stage. Additionally, our goal is to sustain and increase recognition and financial support to talented youth through scholarships. Monies raised for our company will help us to continue our musical theater productions as well as offering classes in dance, theater, and the behind the scenes technical areas of theater production.

What it reported doing in 2023

Monies raised for our company will help us to continue our musical theater productions as well as offering classes in dance, theater, and the behind the scenes technical areas of theater production.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 29
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.2%; rating input score 99
  • Program expense ratio: 97.4%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -1.9%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 0.06; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -57.2% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -60.2% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -26.2% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 99.2% of revenue deployed · 97.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $49K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.