The Actors Studio of New Jersey

Nonprofit profile at a glance

EIN
933894041
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024
Location
Verona, NJ, USA
Phone
9737475829
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$4,725
Expenses
$4,275
Assets
$873

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Michael Restaino (Chief Executive Officer)

People named in this filing

  • Michael Restaino (Chief Executive Officer)
  • Lauren Noack (Secretary)
  • Dan Sims (Director of Vision)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Actors Studio of New Jersey (ASNJ) is proud to reflect on its accomplishments as a nonprofit theater company dedicated to producing professional mainstage theater and making theatrical experiences accessible to the greater New Jersey community. In 2024, ASNJ delivered three outstanding performances, each exemplifying our commitment to artistic excellence and community engagement. Through our productions, we strive to create an inclusive environment where individuals from diverse backgrounds can experience the transformative power of storytelling. Our programming reflects a balance of innovation and tradition, ensuring that our productions resonate with audiences while fostering cultural enrichment. As part of our mission, we prioritize accessibility by offering affordable ticket options and creating welcoming spaces for all patrons.

What it reported doing in 2024

American Idiot Live Performance Musical Attendance: 87 persons

Operating model

Revenue model
Earned-program. 66% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 40
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 9.5%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 0.2; rating input score 17; 17th 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: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $6K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 4 of 6 current checks pass · 2 findings to review
  • Schedules: 1 filed schedules
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.