THE WHARTON INSTITUTE FOR THE PERFORMING ARTS INC

EIN: 222609457 501(c)(3)

BERKELEY HEIGHTS, NJ

Total Revenue
$4,162,657
Total Expenses
$4,638,015
Total Assets
$2,873,715
Net Assets
$366,608
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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NJ
Principal Officer
ERIKA FANELLE
Phone
9087900700
Tax Period
2024-07-01 to 2025-06-30

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.

Mission

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.

Program Service Accomplishments

Program 1
Expenses: $1,254,106 Revenue: $1,156,685

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...

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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.

Program 2
Expenses: $1,066,679 Revenue: $782,726

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...

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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.

Program 3
Expenses: $789,027 Revenue: $411,288

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...

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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.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,336,167
Program Service Revenue $2,683,874
Investment Income $197,784
Other Revenue $-55,168
TOTAL REVENUE $4,162,657

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,115,361
Fundraising Expenses $312,210
Program Expenses $3,464,093
Other Expenses $1,522,654
TOTAL EXPENSES $4,638,015

Year-over-Year Comparison

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%
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
14
Independent Members
14
Employees
244
Volunteers
45

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
7
$135,940
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
1
reported
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
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 $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
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