THE STATE THEATRE REGIONAL ARTS CENTER AT NEW BRUNSWICK INC

EIN: 161616384 501(c)(3) Arts, Culture & Humanities

NEW BRUNSWICK, NJ

Total Revenue
$14,962,747
Total Expenses
$15,466,448
Total Assets
$34,362,610
Net Assets
$28,709,408
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NJ
Principal Officer
JOHN S FITZGERALD
Phone
7322477200
Tax Period
2024-07-01 to 2025-06-30

THE STATE THEATRE REGIONAL ARTS CENTER AT NEW BRUNSWICK INC, founded in 2002, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $15.0M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

THE STATE THEATRE, NEW JERSEY'S SECOND LARGEST PERFORMING ARTS CENTER, LINKS THE WORLD'S GREAT PERFORMING ARTISTS AND ARTISTIC ACHIEVEMENTS TO THE PEOPLE OF NEW JERSEY. CONTINUED ON SCHEDULE O.

Program Service Accomplishments

Program 1
Expenses: $13,208,805 Revenue: $10,774,412

MAINSTAGE PROGRAMMING STATE THEATRE NEW JERSEY'S MAINSTAGE PROGRAMMING FEATURES HIGH-CALIBER PERFORMING ARTISTS ACROSS A VARIETY OF GENRES, INCLUDING AN INCREASING NUMBER OF BLOCKBUSTER ACTS. THE...

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MAINSTAGE PROGRAMMING STATE THEATRE NEW JERSEY'S MAINSTAGE PROGRAMMING FEATURES HIGH-CALIBER PERFORMING ARTISTS ACROSS A VARIETY OF GENRES, INCLUDING AN INCREASING NUMBER OF BLOCKBUSTER ACTS. THE THEATRE CONSISTENTLY BRINGS IN TOP-TIER ARTISTS FROM AROUND THE WORLD, SERVING MORE THAN 200,000 PEOPLE FROM THROUGHOUT THE STATE ANNUALLY. PILLARS OF ITS PROGRAMMING INCLUDE THE BROADWAY SERIES, WHICH FEATURES NATIONAL TOURS OF HIT BROADWAY MUSICALS; THE ORCHESTRA SERIES, WHICH FEATURES RENOWNED INTERNATIONAL ORCHESTRAS IN A HALL NOTED FOR ITS ACOUSTICAL EXCELLENCE; CONTINUED ON SCHEDULE O.

Program 2
Expenses: $695,200

ARTS EDUCATION ARTS EDUCATION HAS BEEN A CORNERSTONE OF STATE THEATRE NEW JERSEY'S MISSION FROM ITS VERY FIRST SEASON, AND HAS GROWN TO SERVE NEARLY 20,000 PEOPLE ANNUALLY. PROGRAMS ARE PROVIDED AT...

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ARTS EDUCATION ARTS EDUCATION HAS BEEN A CORNERSTONE OF STATE THEATRE NEW JERSEY'S MISSION FROM ITS VERY FIRST SEASON, AND HAS GROWN TO SERVE NEARLY 20,000 PEOPLE ANNUALLY. PROGRAMS ARE PROVIDED AT HEAVILY SUBSIDIZED COST OR COMPLETELY FREE OF CHARGE, AND INCLUDE PERFORMANCES FOR SCHOOLS, WHICH PRESENTS HIGH-QUALITY SCHOOL DAY MATINEE PERFORMANCES FOR STUDENTS;SENSORY-FRIENDLY PERFORMANCES, TAILORED FOR THOSE ON THE AUTISM SPECTRUM OR WITH OTHER SENSORY SENSITIVIES; THE ARTIST-IN-RESIDENCE PROGRAM, WHICH SERVES DISADVANTAGED POPULATIONS IN SPECIAL NEEDS AND INNER-CITY SCHOOLS, CONTINUED ON SCHEDULE O.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,500,062
Program Service Revenue $10,774,412
Investment Income $724,978
Other Revenue $963,295
TOTAL REVENUE $14,962,747

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,335,018
Fundraising Expenses $590,706
Program Expenses $13,904,005
Other Expenses $11,131,430
TOTAL EXPENSES $15,466,448

Year-over-Year Comparison

2024 2023 Change
Revenue $14,962,747 $16,151,179 -0.1%
Expenses $15,466,448 $15,501,116 0.0%
Net Income $-503,701 $650,063 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
276
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$368,901
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH K CHAPLIN PRESIDENT/CE 40.00
Officer
$237,690 $26,394 $264,084
HOWARD LEVINE VP OF MARKET 40.00
Highest
$146,961 $15,232 $162,193
CRAIG WERNER STEWARD 40.00
Highest
$145,465 $0 $145,465
JILLIAN DECKER VP OF DEVELO 40.00
Highest
$123,691 $0 $123,691
MICHAEL SIVETZ KEY EMPLOYEE 40.00
Highest
$120,371 $0 $120,371
SUSAN LEVINE CFO 40.00
Officer
$89,621 $15,196 $104,817
HIAM BORAIE TRUSTEE 1.00
Director
$0 $0 $0
STEPHAN DEMICCO MEMBER AT LA 1.00
Officer Director
$0 $0 $0
ETTA RUDOLF DENK TRUSTEE 1.00
Director
$0 $0 $0
ROBERT J DILEO TRUSTEE 1.00
Director
$0 $0 $0
SCOTT FERGANG IMMEDIATE PA 1.00
Director
$0 $0 $0
JOHN S FITZGERALD CHAIR 1.00
Officer Director
$0 $0 $0
JOEY GRINKLEY MEMBER AT LA 1.00
Officer Director
$0 $0 $0
CRAIG J GUIFFRE TRUSTEE 1.00
Director
$0 $0 $0
EILEEN HARKINS TRUSTEE 1.00
Director
$0 $0 $0
LUIS DE LA HOZ TRUSTEE 1.00
Director
$0 $0 $0
BENJAMIN BUCCA JR TRUSTEE 1.00
Director
$0 $0 $0
RICHARD LEIST TREASURER 1.00
Officer Director
$0 $0 $0
LISA MARTIN TRUSTEE 1.00
Director
$0 $0 $0
ALMA SCOTT TRUSTEE 1.00
Director
$0 $0 $0
PETER STAVRIANIDIS SECRETARY 1.00
Officer Director
$0 $0 $0
ROBIN SUYDAM MEMBER AT LA 1.00
Director
$0 $0 $0
WENDY WIEBALK VICE CHAIR 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $14,962,747 $15,466,448 $34,362,610 $-503,701
2024 $16,151,179 $15,501,116 $35,153,658 $650,063
2023 $11,133,654 $12,848,830 $34,972,704 $-1,715,176
2022 $21,023,526 $11,099,119 $35,579,589 $9,924,407
2021 $12,096,980 $2,441,830 $26,440,436 $9,655,150
2020 $10,837,902 $9,357,296 $15,935,747 $1,480,606
2019 $14,814,382 $13,842,526 $15,985,523 $971,856
2018 $14,951,875 $12,343,181 $15,126,912 $2,608,694
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