NEWARK, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEWARK SCHOOL OF THE ARTS, founded in 1969, is a small nonprofit in the Arts, Culture & Humanities sector that reported $949K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 15% operating deficit.
NEWARK SCHOOL OF THE ARTS MISSION IS TO CHANGE THE LIVES OF YOUTH THROUGH ACCESS TO QUALITY EDUCATION IN THE VISUAL AND PERFORMING ARTS.
THE SCHOOL HAS A STRONG COMMITMENT TO THE COMMUNITY. THROUGH PARTNERSHIPS WITH THE CITY OF NEWARK, NEWARK PUBLIC SCHOOL'S DISTRICT, CHARTER AND OTHER PRIVATE SCHOOLS. NSA OFFERS EDUCATIONAL PROGRAMS...
THE SCHOOL HAS A STRONG COMMITMENT TO THE COMMUNITY. THROUGH PARTNERSHIPS WITH THE CITY OF NEWARK, NEWARK PUBLIC SCHOOL'S DISTRICT, CHARTER AND OTHER PRIVATE SCHOOLS. NSA OFFERS EDUCATIONAL PROGRAMS, RESIDENCIES AND PERFORMANCES DURING AND AFTER SCHOOL TIME. THE SCHOOL PRESENTS UP TO 40 STUDENT, FACULTY AND GUEST ARTIST PERFORMANCES AND VISUAL ARTS EXHIBITIONS EACH YEAR, FREE AND OPEN TO THE PUBLIC. IT IS UNIQUE IN THE NEWARK AREA FOR PROVIDING MULTIDISCIPLINARY ARTS TRAINING ON A LONG-TERM BASIS. THE SCHOOL ESTABLISHED DIGITAL MEDIA LAB FOCUSED ON TEACHING 21ST CENTURY TECHNOLOGY IN MUSIC PRODUCTION, COMPOSITION AND GRAPHIC ARTS AND CONTINUES TO DEVELOP NEW PROGRAMS.
IN THE LATE NINETIES, NSA DEVELOPED A PROFESSIONAL MUSIC DIVISION THAT GREW OUT OF THE NEED TO ACCOMMODATE ADVANCED STUDENTS WHO WISH TO PURSUE A CAREER IN THE ARTS. STUDENTS IN THE PROFESSIONAL...
IN THE LATE NINETIES, NSA DEVELOPED A PROFESSIONAL MUSIC DIVISION THAT GREW OUT OF THE NEED TO ACCOMMODATE ADVANCED STUDENTS WHO WISH TO PURSUE A CAREER IN THE ARTS. STUDENTS IN THE PROFESSIONAL DIVISION ARE REQUIRED TO AUDITION. THE PROFESSIONAL DIVISION HAS SOME OF THE MOST ADVANCED STUDENTS FROM NEW JERSEY. RECENT STUDENTS HAVE GONE ON TO STUDY AT MANHATTAN SCHOOL OF MUSIC, MANNES SCHOOL, NEW ENGLAND CONSERVATORY AND JUILLIARD. STUDENTS IN THE PROGRAM HAVE PERFORMED AS PRELUDE ARTISTS AT NJPAC FOR PIANIST LANG LANG, CONDUCTOR CHARLES DUTOIT AND OPERA SINGER RENEE FLEMING. THEY DEEPEN THEIR KNOWLEDGE THROUGH OPPORTUNITIES TO MEET THE ARTISTS IN PERSON.
SIGNIFICANT NUMBERS OF NSA ALUMNI HAVE GONE ON TO CAREERS IN THE ARTS. THEY INCLUDE WORLD-RENOWNED TAP DANCER SAVION GLOVER; LATIN SINGING SENSATION FRANKIE NEGRON, VOCALIST; KESHA KNIGHT PULLIAM-...
SIGNIFICANT NUMBERS OF NSA ALUMNI HAVE GONE ON TO CAREERS IN THE ARTS. THEY INCLUDE WORLD-RENOWNED TAP DANCER SAVION GLOVER; LATIN SINGING SENSATION FRANKIE NEGRON, VOCALIST; KESHA KNIGHT PULLIAM- RUDY ON THE COSBY SHOW; COUNTER-TENOR DERRICK LEE RAGIN (METROPOLITAN OPERA/ENGLISH NATIONAL OPERA); PIANIST HSING-AY HSU, ARTISTIC ADMINISTRATOR OF THE PENDULUM NEW MUSIC SERIES AT THE UNIVERSITY OF COLORADO IN BOULDER; KIMBERLYN MONFORD, ASSOCIATE PROFESSOR OF MUSIC AT TRINITY UNIVERSITY; MAURICE CHESTNUT, TAP DANCER; TYSHAWN SOREY, MACATHUR FELLOW, COMPOSER AND MUSICIAN.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $948,945 | $1,076,324 | -0.1% |
| Expenses | $1,088,223 | $1,378,399 | -0.2% |
| Net Income | $-139,278 | $-302,075 | -0.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LORI SCOTT-PICKENS MPA | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| TEHSUAN GLOVER | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JESSICA GONZALEZ | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KIRK LAMBERT | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN BENEDICT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NAYDENE BRICKUS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT BUDSOCK | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| HEATHER CHOI | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JORGE CRUZ | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| AHMED KASSIM ESQ | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN MAYNOR | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ARTHUR MOCKABEE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIA PILAR PARADISO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DIVAD SANDERS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DENARRA SIMMONS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT SIMMONS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLES SMITH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LAWRENCE TAMBURRI | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$119,904 | $0 | $119,904 |
| SHARON SALVADOR | INTERIM EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$73,414 | $0 | $73,414 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $948,945 | $1,088,223 | $891,536 | $-139,278 |
| 2024 | $1,076,324 | $1,378,399 | $968,348 | $-302,075 |
| 2023 | $1,054,156 | $1,192,515 | $1,296,727 | $-138,359 |
| 2022 | $1,154,863 | $1,130,813 | $1,422,520 | $24,050 |
| 2021 | $1,010,069 | $950,623 | $1,395,117 | $59,446 |
| 2020 | $1,220,429 | $1,173,045 | $1,372,578 | $47,384 |
| 2019 | $953,157 | $1,187,967 | $1,247,726 | $-234,810 |
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