COUNT BASIE THEATRE INC

EIN: 221950890 501(c)(3) Arts, Culture & Humanities

RED BANK, NJ

Total Revenue
$28,201,898
Total Expenses
$25,970,819
Total Assets
$74,408,996
Net Assets
$45,348,361
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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
NJ
Principal Officer
ADAM PHILIPSON
Phone
7322248778
Tax Period
2024-07-01 to 2025-06-30

COUNT BASIE THEATRE INC, founded in 1972, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $28.2M in total revenue in fiscal year 2024. Expenses of $26.0M left a modest 8% surplus.

Mission

THE COUNT BASIE CENTER FOR THE ARTS IS NEW JERSEY'S PREMIER CENTER FOR THE CULTURAL ARTS, DEDICATED TO FOSTERING POWERFUL, INCLUSIVE ARTISTIC EXPERIENCES AND CREATIVE EXCHANGE OF IDEAS. THE BASIE MISSION IS TO INSPIRE, EDUCATE AND ENTERTAIN THROUGH ITS DISTINCT AND ENGAGING CULTURAL AND ARTISTIC OFFERINGS THAT EMBRACE AND AMPLIFY THE DIVERSITY OF THE REGION. AS A NONPROFIT ORGANIZATION, THE BASIE IS COMMITTED TO ENRICHING THE COMMUNITY'S QUALITY OF LIFE BY GENERATING OPPORTUNITIES FOR PARTICIPATION IN THE ARTS, PARTNERING WITH SCHOOLS, COLLABORATING WITH OTHER MISSION-BASED ORGANIZATIONS AND DRIVING REGIONAL ECONOMIC PROSPERITY.

Program Service Accomplishments

Program 1
Expenses: $22,315,411 Revenue: $20,641,550

The Count Basie Center for the Arts continues to persevere in its mission to create shared educational, artistic, and community experiences that ignite curiosity, understanding, and joy. Our...

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The Count Basie Center for the Arts continues to persevere in its mission to create shared educational, artistic, and community experiences that ignite curiosity, understanding, and joy. Our responsive, inclusive programming continued to reflect the diverse spirit and aspirations of Basie Center patrons, students, artists and staff, welcoming them to participate as their most authentic selves. In FY2025, all facets of the Count Basie Center Academy - now renamed in honor of philanthropists Fran and Paul Turner - finally joined beneath one roof as part of the Grunin Arts Education Building. The Academy welcomed nearly 1,500 students in FY2025, engaging them with a variety of experiences - from mainstage productions like "Something Rotten", "Shrek The Musical Jr.", plus Disney's "The Jungle Book"Newies", - to acting, dancing and vocal lessons, instruction in auditioning for television and film, and more. At the Count Basie Center Conservatory of Music, 473 students received regular instruction in piano, classical guitar, woodwinds, strings and other instruments, in addition to group experiences such as ensembles and orchestra. In FY2025, 345 students were scholarship recipients. Providing these scholarships and continuing to remove barriers to participation in the arts is a hallmark of the Basie Center's Forever For Everyone endowment campaign, which has raised more than $17 million towards its $20m goal. 'Forever For Everyone also supports the Basie Center Fund for Strategic Growth, which Provides funds to launch new programs, especially those which deepen our commitment to cultural competency, racial equity, and social inclusion. In line with our continued focus on promoting community and internal Diversity, Equity and Inclusion efforts, the Count Basie Center continued its efforts to train staffers to conduct DEI onboarding efforts, continued its partnership with Two River Theater to train and maintain a bilingual workforce, and continued implementations as recommended by the staff-wide DEI Task Force. Our DEI work helps inform the ways in which we engage the community through our performing arts and education programs, including events celebrating Dr. Martin Luther King, Cinco de Mayo and Dia de los Muertos. 50+ area students participated in the annual, free Louis and Gia Maria Prima Music Camp, with many of these students having never previously picked up a musical instrument. The Count Basie Center Gospel Choir headlined Basie Center stages and numerous public events, while our partners with Calpulli Mexican Dance Company continued its onsite classes and performances in promotion of traditional Mexican folkloric dance. In September 2024, the Basie Center held its first-ever Hispanic Film Festival, drawing fans, industry leaders and aspiring film and acting professionals to Basie Center Cinemas for three days of screenings, talkbacks and career workshops. The Basie Center's Breakthrough Filmmakers Fest, celebrating the state's growing community of amateur filmmakers, saw a flurry of submissions, while expanding into a year-long effort with a series of online workshops / seminars and screenings, culminating with the annual onsite festival, allowing students to see their work on the big screen while meeting and networking industry professionals. Phoenix Productions, the Basie's community theatre company, presented five mainstage presentations ("School Of Rock", "West Side Story", "Elf: The Musical", "Kinky Boots"The Color Purple"), plus productions of Bat Boy: The Musical and Peter and the Starcatcher at The Vogel. The Color Purple, featuring Phoenix's first-ever all-Black cast, took home Outstanding Direction, Outstanding Lead Actress, Outstanding Supporting Actress, Outstanding Scenic Design and Outstanding Costume Design at the New Jersey Community Theatre Association's annual Perry Awards. FY2025 was a profitable year for the company, which continues to raise the bar on accessibility and inclusion for area actors, pit musicians and stagecraft personnel. Lastly, more than 7,000 students visited the Count Basie Center campus as part of our celebrated school show program, which welcomed students from 106 schools throughout the state - from as far away as Hudson, Somerset, Union counties, plus nearby Monmouth, Ocean and Middlesex. The Basie Center subsidized more than $36,000 in event tickets and $18,000 in bus transportation.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,524,989
Program Service Revenue $20,488,437
Investment Income $1,035,359
Other Revenue $153,113
TOTAL REVENUE $28,201,898

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,983,004
Fundraising Expenses $1,631,227
Program Expenses $22,315,411
Other Expenses $18,987,815
TOTAL EXPENSES $25,970,819

Year-over-Year Comparison

2024 2023 Change
Revenue $28,201,898 $29,098,598 0.0%
Expenses $25,970,819 $25,790,914 +0.0%
Net Income $2,231,079 $3,307,684 -0.3%
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
38
Independent Members
38
Employees
419
Volunteers
38

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
10
$937,018
Total Directors
38
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM PHILIPSON CEO & PRESIDENT 60.0
Officer
$607,554 $49,054 $656,608
KAREN FRANKLIN CHIEF FINANCIAL OFFICER 40.0
Officer
$263,741 $16,669 $280,410
ISIDORE SACKOWITZ CHIEF OPERATING OFFICER 40.0
Highest
$240,717 $2,226 $242,943
JONATHAN E VENA CHIEF MARKETING OFFICER 40.0
Highest
$185,868 $24,355 $210,223
LYSA J ISRAEL SR. DIRECTOR OF DEVELOPMENT 40.0
Highest
$163,471 $339 $163,810
SAMANTHA GIUSTINIANI VP, EDUCATION & OUTREACH 40.0
Highest
$141,999 $20,984 $162,983
ANN MARIE KEENAN HUMAN RESOURCES DIRECTOR 40.0
Highest
$118,037 $17,726 $135,763
JEREMY GRUNIN CHAIRPERSON 5.0
Officer Director
$0 $0 $0
MAGGIE RIKER Co-Vice Chairperson 5.0
Officer Director
$0 $0 $0
STEPHEN CUTLER TREASURER 5.0
Officer Director
$0 $0 $0
MARIA MAHER CO-SECRETARY 5.0
Officer Director
$0 $0 $0
MICHAEL PARENT Co-Vice Chairperson 5.0
Officer Director
$0 $0 $0
SOVONNA DAY-GOINS CO-SECRETARY 5.0
Officer Director
$0 $0 $0
ROBIN KLEIN Governance Chair 5.0
Officer Director
$0 $0 $0
CLAUDIA DULAC dei officer 5.0
Officer Director
$0 $0 $0
STUART ALDEROTY Board Member 1.0
Director
$0 $0 $0
MITCHELL ANSELL Board Member 1.0
Director
$0 $0 $0
ALISON BANKS-MOORE Board Member 1.0
Director
$0 $0 $0
TOM BERNARD Board Member 1.0
Director
$0 $0 $0
SARAH BRADLEY Board Member 1.0
Director
$0 $0 $0
MICHAEL BRUNO Board Member 1.0
Director
$0 $0 $0
HEATHER BURKE Board Member 1.0
Director
$0 $0 $0
JAMES M CADET Board Member 1.0
Director
$0 $0 $0
PUJA CHOUDHRY Board Member 0.0
Director
$0 $0 $0
JERRY CONATY Board Member 1.0
Director
$0 $0 $0
CRAIG CUMMINGS Board Member 1.0
Director
$0 $0 $0
LAUREN GOLDFARB Board Member 1.0
Director
$0 $0 $0
YVONNE GRAYSON Board Member 1.0
Director
$0 $0 $0
DELISHA GRANT Board Member 1.0
Director
$0 $0 $0
JASON JURGENS Board Member 1.0
Director
$0 $0 $0
STEPHEN KAIMAN Board Member 1.0
Director
$0 $0 $0
NANCY KARPF Board Member 1.0
Director
$0 $0 $0
MARSHALL KNOPF Board Member 1.0
Director
$0 $0 $0
MARIO MONELLO Board Member 1.0
Director
$0 $0 $0
MARK ROHL Board Member 1.0
Director
$0 $0 $0
PETER T ROSELLE Board Member 1.0
Director
$0 $0 $0
MATTHEW J SAKER Board Member 1.0
Director
$0 $0 $0
PERICLES SCARANNI Board Member 1.0
Director
$0 $0 $0
CAROL STILLWELL Board Member 1.0
Director
$0 $0 $0
FRAN TURNER Board Member 1.0
Director
$0 $0 $0
JOE WAJDA Board Member 1.0
Director
$0 $0 $0
TOM WIDENER Board Member 0.0
Director
$0 $0 $0
DARRELL LAWRENCE WILLIS SR Board Member 1.0
Director
$0 $0 $0
KAYE WISE Board Member 1.0
Director
$0 $0 $0
EDWARD ZIPPRICH Board Member 1.0
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 $28,201,898 $25,970,819 $74,408,996 $2,231,079
2024 $29,098,598 $25,790,914 $73,513,850 $3,307,684
2023 $25,156,070 $22,552,655 $69,340,268 $2,603,415
2022 $22,922,878 $19,893,486 $62,515,984 $3,029,392
2021 $14,783,970 $9,756,016 $61,930,466 $5,027,954
2020 $10,735,757 $10,931,745 $55,404,363 $-195,988
2019 $20,239,762 $14,809,491 $46,969,371 $5,430,271
2018 $17,406,384 $14,138,600 $32,657,561 $3,267,784
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