BERKELEY HEIGHTS, NJ
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)THE WHARTON INSTITUTE FOR THE PERFORMING ARTS INC, founded in 1985, is a community nonprofit that reported $4.2M in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $4.6M exceeded revenue, resulting in a 11% operating deficit.
TO OFFER ACCESSIBLE, HIGH-QUALITY PERFORMING ARTS EDUCATION THAT SPARKS PERSONAL GROWTH AND BUILDS INCLUSIVE COMMUNITIES. ITS VISION IS TO TRANSFORM PERFORMING ARTS EDUCATION IN AN INCLUSIVE COMMUNITY ACCESSIBLE TO ALL.
THE PERFORMING ARTS SCHOOL IS A LEADING EDUCATIONAL CENTER THAT OFFERS PRIVATE LESSONS AND GROUP CLASSES FOR CHILDREN, TEENS, AND ADULTS OF ALL SKILL LEVELS. STUDENTS PERFORM MULTIPLE TIMES EACH YEAR...
THE PERFORMING ARTS SCHOOL IS A LEADING EDUCATIONAL CENTER THAT OFFERS PRIVATE LESSONS AND GROUP CLASSES FOR CHILDREN, TEENS, AND ADULTS OF ALL SKILL LEVELS. STUDENTS PERFORM MULTIPLE TIMES EACH YEAR AND THERE ARE PROGRAMS FOR EXTENDED LEARNING THROUGH CLASSES AND ENSEMBLES. PAS ALSO HOLDS MASTER CLASSES AND WORKSHOPS THROUGHOUT THE YEAR TO KEEP STUDENTS ENGAGED AND CHALLENGED. WHAT SETS PAS APART IS ITS BREADTH OF CLASSES AND THE VARIETY OF PERFORMANCE OPPORTUNITIES OFFERED. FROM ASPIRING YOUNG ACTORS STARTING WITH THE BASICS, TO SEASONED MUSICIANS LOOKING TO HONE PERFORMANCE SKILLS, THERE IS A CLASS FOR EVERYONE. PAS PROGRAMMING INCLUDES INSTRUMENTAL AND VOCAL INSTRUCTION, AND GROUP CLASSES FOR CHILDREN, TEENS, AND ADULTS. GROUP COURSE TOPICS FOR CHILDREN AND TEENS INCLUDE FUNDAMENTALS OF MUSICAL THEATER PERFORMANCE, THEATER AND ACTING, VOCAL TECHNIQUE, AND MORE. GROUP COURSE TOPICS FOR ADULTS INCLUDE SONG AND VIDEO PRODUCTION, ACTING, ENSEMBLE PLAYING, AND MORE. IN BOTH PRIVATE AND GROUP LESSONS, PAS INSTRUCTORS PROVIDE INDIVIDUALIZED INSTRUCTION. WE KEEP OUR CLASS SIZES SMALL AND OUR FACULTY MAKES SURE THAT TECHNIQUE AND REPERTOIRE ARE AGE AND DEVELOPMENTALLY APPROPRIATE.
THE NEW JERSEY YOUTH SYMPHONY (NJYS) IS A PREMIER PROVIDER OF ORCHESTRAL TRAINING FOR 550+ STUDENT MUSICIANS IN GRADES 3-12 FROM 12 COUNTIES IN NEW JERSEY. NJYS SETS THE STANDARD FOR EXCELLENCE...
THE NEW JERSEY YOUTH SYMPHONY (NJYS) IS A PREMIER PROVIDER OF ORCHESTRAL TRAINING FOR 550+ STUDENT MUSICIANS IN GRADES 3-12 FROM 12 COUNTIES IN NEW JERSEY. NJYS SETS THE STANDARD FOR EXCELLENCE THROUGH 15 ENSEMBLES LED BY RENOWNED CONDUCTORS. IN 2023, NJYS CELEBRATED ITS 45TH SEASON WITH PERFORMANCES AT VENUES INCLUDING NJPAC AND UNION COUNTY PAC. NJYS OFFERS A SCHOLARSHIP PROGRAM ENSURING THAT ALL GIFTED ARTISTS CAN PARTICIPATE REGARDLESS OF FINANCIAL NEED. BEYOND PERFORMANCE, NJYS FOSTERS A LIFELONG COMMUNITY OF MUSICIANS, WITH MANY ALUMNI PURSUING PROFESSIONAL CAREERS OR SUPPORTING THE ARTS AS ADULTS. NJYS ALSO PROVIDES FREE EDUCATION CONCERTS FOR OVER 1,000 LOCAL ELEMENTARY STUDENTS ANNUALLY.
PATERSON MUSIC PROJECT (PMP), AN EL SISTEMA PROGRAM, PROVIDES TUITION-FREE, HIGH-QUALITY INSTRUMENTAL INSTRUCTION TO CHILDREN IN PATERSON. THE PROGRAM EMPHASIZES MUSICAL EXCELLENCE, THE DEVELOPMENT...
PATERSON MUSIC PROJECT (PMP), AN EL SISTEMA PROGRAM, PROVIDES TUITION-FREE, HIGH-QUALITY INSTRUMENTAL INSTRUCTION TO CHILDREN IN PATERSON. THE PROGRAM EMPHASIZES MUSICAL EXCELLENCE, THE DEVELOPMENT OF LIFE SKILLS THROUGH ENSEMBLE-BASED LEARNING, AND A STRONG SENSE OF COMMUNITY. BY INTRODUCING CHILDREN TO MUSIC AT A YOUNG AGE AND SUPPORTING THEM AS THEY PROGRESS, INCLUDING ACCESS TO PRIVATE LESSONS, PMP HELPS STUDENTS BUILD ESSENTIAL SKILLS SUCH AS TEAMWORK, FOCUS, CONFIDENCE, AND LEADERSHIP. PMP STUDENTS STUDY A PRIMARY INSTRUMENT AND PARTICIPATE IN ENSEMBLE PRACTICE AND INSTRUMENTAL SECTIONALS 4 HOURS/WEEK FOR 30 WEEKS DURING THE SCHOOL YEAR. STUDENTS FROM PMP, AS WELL AS ANY YOUTH MUSICIAN IN PATERSON, CAN ALSO PARTICIPATE IN PMP'S SATURDAY PROGRAM AT PS16. THIS FREE PROGRAM IS OFFERED FOR 3 HOURS/WEEK DURING THE SCHOOL YEAR. STUDENTS ARE GROUPED INTO CITY-WIDE STRING, BAND, GUITAR, PERCUSSION, JAZZ, AND LATIN ENSEMBLES AND CHAMBER GROUPS. PMP ALSO PROVIDES SUMMER CAMP, TRAVEL TO SPECIAL CONFERENCES, AND YOUTH LEADERSHIP OPPORTUNITIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,162,657 | $6,304,269 | -0.3% |
| Expenses | $4,638,015 | $4,960,093 | -0.1% |
| Net Income | $-475,358 | $1,344,176 | -1.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| GINA CARUSO | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$125,000 | $10,940 | $135,940 |
| HELEN CHA-PYO | ARTISTIC DIRECTOR | 40.00 |
Highest
|
$125,250 | $366 | $125,616 |
| ROBERT HAMBURGER | PRESIDENT | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR JACQUELINE PHILLIPS | VICE PRESIDENT | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| JULIA SEN | VICE PRESIDENT | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR CHARISSA WONG HORTON | SECRETARY | 6.00 |
Officer
Director
|
$0 | $0 | $0 |
| INGRID DILLON | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| HELEN AHN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| MICHELE DOWLING JOHNSON | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ERIKA FANELLE | TRUSTEE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BOB KELLY | TRUSTEE EFF. 11/24 | 2.00 |
Director
|
$0 | $0 | $0 |
| LEVI KELMAN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN C LEVINE | TRUSTEE THRU 1/25 | 2.00 |
Director
|
$0 | $0 | $0 |
| COURTNEY PANTIRER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH SERZAN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| INGE SPUNGEN | TRUSTEE EFF. 11/24 | 2.00 |
Director
|
$0 | $0 | $0 |
| LARA STOLMAN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $4,162,657 | $4,638,015 | $2,873,715 | $-475,358 |
| 2024 | $6,304,269 | $4,960,093 | $3,391,913 | $1,344,176 |
| 2023 | $3,664,698 | $4,562,829 | $2,866,281 | $-898,131 |
| 2022 | $4,061,176 | $3,663,074 | $1,847,827 | $398,102 |
| 2021 | $3,350,269 | $3,042,199 | $1,459,809 | $308,070 |
| 2020 | $3,295,860 | $3,132,832 | $1,025,960 | $163,028 |
| 2019 | $2,715,535 | $3,313,874 | $751,397 | $-598,339 |
| 2018 | $4,109,415 | $3,494,180 | $1,273,997 | $615,235 |
Compare THE WHARTON INSTITUTE FOR THE PERFORMING ARTS INC with other nonprofits in New Jersey and across the country.