THE ARTS EDUCATION ENDOWMENT FUND IN HONOR OF RAYMOND G CHAMBERS INC

EIN: 223196074 501(c)(3)

NEWARK, NJ

Total Revenue
$73,535
Total Expenses
$59,476
Total Assets
$1,360,795
Net Assets
$1,360,795
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
NJ
Principal Officer
JOHN SCHREIBER
Phone
9736428989
Tax Period
2024-07-01 to 2025-06-30

THE ARTS EDUCATION ENDOWMENT FUND IN HONOR OF RAYMOND G CHAMBERS INC, founded in 1992, is a micro nonprofit that reported $74K in total revenue in fiscal year 2024. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14K, a strong 19% operating margin.

Mission

TO SUPPORT THE ARTS EDUCATION PROGRAMS OF THE NEW JERSEY PERFORMING ARTS CENTER.

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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 $0
Program Service Revenue $0
Investment Income $73,535
Other Revenue $0
TOTAL REVENUE $73,535

Expense Breakdown

Grants Paid $56,376
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $56,376
Other Expenses $3,100
TOTAL EXPENSES $59,476

Year-over-Year Comparison

2024 2023 Change
Revenue $73,535 $39,905 +0.8%
Expenses $59,476 $58,420 +0.0%
Net Income $14,059 $-18,515 -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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
70
Independent Members
68
Employees
N/A
Volunteers
74

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
21
$7,408,999
Total Directors
72
$1,980,664
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN SCHREIBER PRESIDENT & CEO 0.20
Officer Director
$0 $655,177 $1,978,864
SARAH AIOSA BOARD MEMBER 0.10
Director
$0 $0 $0
STEVEN ALESSI BOARD MEMBER (AS OF 06/2025) 0.10
Director
$0 $0 $0
GUILLERMO ARTILES BOARD MEMBER 0.10
Director
$0 $0 $0
RAS J BARAKA BOARD MEMBER 0.10
Director
$0 $0 $0
LAWRENCE E BATHGATE II ESQ BOARD MEMBER 0.10
Director
$0 $0 $0
JAMES L BILDNER BOARD MEMBER 0.10
Director
$0 $0 $0
DANIEL M BLOOMFIELD MD BOARD MEMBER 0.10
Director
$0 $0 $0
MODIA BUTLER BOARD MEMBER 0.10
Director
$0 $0 $0
JACOB S BUURMA ESQ BOARD MEMBER 0.10
Director
$0 $0 $0
DR NANCY CANTOR BOARD MEMBER 0.10
Director
$0 $0 $0
REGINA CARTER-GARNETT BOARD MEMBER 0.10
Director
$0 $0 $0
RAYMOND G CHAMBERS FOUNDING CHAIR 0.10
Director
$0 $0 $0
MINDY COHEN BOARD MEMBER 0.10
Director
$0 $0 $0
MATTHEW CONNOR BOARD MEMBER 0.10
Director
$0 $0 $0
LAWRENCE CRUMP BOARD MEMBER (AS OF 09/2024) 0.10
Director
$0 $0 $0
EDWAN DAVIS BOARD MEMBER 0.10
Director
$0 $0 $0
ENRICO DELLA CORNA BOARD MEMBER 0.10
Director
$0 $0 $0
PAT A DI FILIPPO BOARD MEMBER 0.10
Director
$0 $0 $0
JOSEPH N DIVINCENZO JR BOARD MEMBER 0.10
Director
$0 $0 $0
DEBBIE DYSON BOARD MEMBER 0.10
Director
$0 $0 $0
ANNE E ESTABROOK BOARD MEMBER 0.10
Director
$0 $0 $0
CHRISTINE C GILFILLAN BOARD MEMBER 0.10
Director
$0 $0 $0
AISHA GLOVER BOARD MEMBER 0.10
Director
$0 $0 $0
SAVION GLOVER BOARD MEMBER 0.10
Director
$0 $0 $0
STEVEN M GOLDMAN ESQ BOARD MEMBER 0.10
Director
$0 $0 $0
FELICIA GRANT BOARD MEMBER (AS OF 08/2024) 0.10
Director
$0 $0 $0
SHARON GREENLEES BOARD MEMBER 0.10
Director
$0 $0 $0
MICHAEL R GRIFFINGER ESQ SECRETARY 0.10
Director
$0 $0 $0
YAN GU ASSISTANT SECRETARY 0.10
Director
$0 $0 $0
RYAN P HAYGOOD ESQ BOARD MEMBER 0.10
Director
$0 $0 $0
WILLIAM V HICKEY BOARD MEMBER 0.10
Director
$0 $0 $0
JEFFERY T HOFFMAN BOARD MEMBER 0.10
Director
$0 $0 $0
RALPH IZZO PHD BOARD MEMBER 0.10
Director
$0 $0 $0
LATRELL JOHNSON BOARD MEMBER (AS OF 11/2024) 0.10
Director
$0 $0 $0
DAVID R JONES TREASURER 0.10
Director
$0 $0 $0
HON THOMAS H KEAN BOARD MEMBER 0.10
Director
$0 $0 $0
DAVID KWON BOARD MEMBER 0.10
Director
$0 $0 $0
MARGARETHE LAURENZI BOARD MEMBER 0.10
Director
$0 $0 $0
KERRI B LEVINE BOARD MEMBER 0.10
Director
$0 $0 $0
TEIK C LIM BOARD MEMBER 0.10
Director
$0 $0 $0
CHARLES F LOWREY CO-CHAIR 0.10
Director
$0 $0 $0
ELLEN B MARSHALL BOARD MEMBER (AS OF 11/2024) 0.10
Director
$0 $0 $0
WESLEY MATTHEWS BOARD MEMBER (AS OF 06/2025) 0.10
Director
$0 $0 $0
ELIZABETH A MATTSON BOARD MEMBER (END 08/2024) 0.10
Director
$0 $0 $0
CHRISTIAN MCBRIDE BOARD MEMBER 0.10
Director
$0 $0 $1,800
LAMONICA MCIVER BOARD MEMBER (END 09/2024) 0.10
Director
$0 $0 $0
D NICHOLAS MICELI BOARD MEMBER 0.10
Director
$0 $0 $0
ELIZABETH MAHER MUOIO BOARD MEMBER 0.10
Director
$0 $0 $0
PHILIP D MURPHY BOARD MEMBER 0.10
Director
$0 $0 $0
BARRY H OSTROWSKY ESQ BOARD MEMBER 0.10
Director
$0 $0 $0
DEEPAK RAJ BOARD MEMBER 0.10
Director
$0 $0 $0
DWAYNE REDMOND BOARD MEMBER 0.10
Director
$0 $0 $0
RICHARD W ROPER BOARD MEMBER 0.10
Director
$0 $0 $0
ARTHUR F RYAN BOARD MEMBER 0.10
Director
$0 $0 $0
PHILLIP R SELLINGER BOARD MEMBER (AS OF 04/2025) 0.10
Director
$0 $0 $0
FAYEMI SHAKUR BOARD MEMBER 0.10
Director
$0 $0 $0
HON CLIFFORD M SOBEL BOARD MEMBER 0.10
Director
$0 $0 $0
GARY D ST HILIARE BOARD MEMBER 0.10
Director
$0 $0 $0
ROSEMARY STEINBAUM BOARD MEMBER 0.10
Director
$0 $0 $0
DAVID S STONE ESQ BOARD MEMBER 0.10
Director
$0 $0 $0
MICHAEL A TANENBAUM ESQ BOARD MEMBER 0.10
Director
$0 $0 $0
JOSEPH S TAYLOR BOARD MEMBER 0.10
Director
$0 $0 $0
DARRELL K TERRY SR BOARD MEMBER 0.10
Director
$0 $0 $0
PETER TORCICOLLO BOARD MEMBER 0.10
Director
$0 $0 $0
RISHI VARMA BOARD MEMBER 0.10
Director
$0 $0 $0
CARMEN VILLAR CO-CHAIR THRU 10/2024 & BOARD MEMBER 0.10
Director
$0 $0 $0
RICARDO A WATSON BOARD MEMBER 0.10
Director
$0 $0 $0
TAHESHA WAY BOARD MEMBER 0.10
Director
$0 $0 $0
NINA M WELLS ESQ BOARD MEMBER 0.10
Director
$0 $0 $0
JOSH S WESTON BOARD MEMBER 0.10
Director
$0 $0 $0
KAREN C YOUNG BOARD MEMBER 0.10
Director
$0 $0 $0
DAVID D RODRIGUEZ EVP & EXECUTIVE PRODUCER 0.10
Officer
$0 $24,611 $665,762
TIMOTHY LIZURA SVP, REAL ESTATE & CAPITAL PROJECTS 0.10
Officer
$0 $24,811 $470,453
SHERRI-ANN BUTTERFIELD SVP, SOCIAL IMPACT (AS OF 8/2024) 0.10
Officer
$0 $13,206 $121,773
KATIE L SWORD VP, MARKETING 0.10
Officer
$0 $9,528 $320,958
AMY FITZPATRICK VP, DEVELOPMENT 0.20
Officer
$0 $43,009 $350,592
BETH SILVER CHIEF PEOPLE OFFICER 0.10
Officer
$0 $43,073 $332,896
JEFFREY JACOB SVP, FINANCE & ADMIN (END 4/2025) 0.10
Officer
$0 $8,074 $338,721
ANDRE MUTOVIC VP, CHIEF TECHNOLOGY OFFICER 0.10
Officer
$0 $47,136 $305,882
JOHN EVAN WHITE VP, PROGRAMMING 0.10
Officer
$0 $49,615 $307,279
CHAD D SPIES VP, OPERATIONS & REAL ESTATE 0.10
Officer
$0 $47,149 $292,737
JENNIFER L TSUKAYAMA VP, ARTS EDUCATION 0.10
Officer
$0 $21,612 $221,673
MARY C JAFFA VP, FINANCE 0.10
Officer
$0 $5,802 $277,354
AUSTIN G CLEARY AVP, SALES & PLANNING NJPAC EVENTS 0.10
Officer
$0 $23,588 $251,377
CHRISTOPHER MOSES SENIOR DIR, PRODUCTION 0.10
Officer
$0 $12,955 $183,889
EYESHA MARABLE AVP, COMMUNITY ENGAGEMENT 0.10
Officer
$0 $4,600 $157,690
BOZENA SROKA AVP & CONTROLLER 0.10
Officer
$0 $17,578 $185,769
KITAB ROLLINS AVP, PERFORMANCE & BROADCAST RENTAL 0.10
Officer
$0 $18,535 $140,543
ROBIN JONES AVP, GUEST SERVICES & HOUSE MGMT 0.10
Officer
$0 $31,851 $149,030
YVONNE JEAN-JEROME AVP, FINANCE 0.10
Officer
$0 $5,902 $166,780
ALYSON P MAIER AVP, ARTS & WELL-BEING 0.10
Officer
$0 $49,993 $188,977
HEATHER OLSEN SENIOR DIRECTOR, PLATFORM 0.10
Highest
$0 $16,770 $194,433
SARAH ROSEN MANAGING DIRECTOR, WA 0.10
Highest
$0 $44,683 $209,122
ERIC JOHNSON HEAD CREW 0.10
Highest
$0 $0 $177,609
MARY BETH CADMUS MANAGING DIRECTOR, INDIVIDUAL GIVING 0.10
Highest
$0 $8,587 $256,007
TODD TANTILLO SENIOR CHIEF ENGINEER 0.10
Highest
$0 $738 $168,778
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 $73,535 $59,476 $1,360,795 $14,059
2024 No data No data No data No data
2023 $41,089 $59,467 $1,197,392 $-18,378
2022 $54,298 $60,403 $1,140,500 $-6,105
2021 $41,652 $56,754 $1,339,598 $-15,102
2020 $52,743 $55,771 $1,104,289 $-3,028
2019 $41,257 $55,198 $1,162,014 $-13,941
2018 $75,859 $53,449 $1,175,955 $22,410
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