Newark Print Shop

Nonprofit profile at a glance

EIN
463346417
IRS 990-EZ coverage
2018–2018
Forms available
Form 990 2017, Form 990-EZ 2018, Form 990-N 2016
Location
Newark, NJ, USA
Phone
9736222300
Rating
48
Verdict
MIXED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$191,181
Expenses
$198,419
Assets
$52,147
Liabilities
$24,338

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Lisa Conrad (Executive Director)

People named in this filing

  • Lisa Conrad (Executive Director)
  • Stephen Mckenzie (Development Manager)
  • Jillian Rock (Board Member)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization is dedicated to promoting the fine art of printmaking by providing a vibrant learning community and access to professional equipment and facilities.

What it reported doing in 2018

PRINTERS IN RESIDENCE6 professional artists awarded residencies providing space, resources, and materials to develop bodies of work culminating in exhibitions and advancing their professional art careers

Operating model

Revenue model
Earned-program. 79% 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

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 8
  • Transparency & Controls: 100
  • Sustainability: 21
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 7.5%; rating input score 8
  • Program expense ratio: 7.2%; rating input score 7

Transparency & Controls

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

Sustainability

  • Operating margin: -3.8%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 0.26; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.47; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 38.3%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 21.6% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 36.6% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 7.5% of revenue deployed · 7.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $14K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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 — Financial Efficiency: Mission deployment rate scored 8/100.
  • High — Financial Efficiency: Program expense ratio scored 7/100.
  • High — Sustainability: Operating margin scored 24/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.