ARTS COUNCIL OF PRINCETON

EIN: 226108090 501(c)(3) Arts, Culture & Humanities

PRINCETON, NJ

Total Revenue
$1,802,480
Total Expenses
$1,941,789
Total Assets
$6,916,045
Net Assets
$6,172,371
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
NJ
Principal Officer
ADAM WELCH
Phone
6099248777
Tax Period
2024-07-01 to 2025-06-30

ARTS COUNCIL OF PRINCETON, founded in 1968, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.8M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Net assets of $6.2M represent 41 months of operating reserves.

Mission

THE ARTS COUNCIL OF PRINCETON'S (ACP) MISSION IS BUILDING COMMUNITY THROUGH THE ARTS.PROGRAMS INCLUDE ARTS EDUCATION, EXHIBITIONS, CONCERTS & EVENTS IN ITS PAUL ROBESON CENTER IN PRINCETON AND THROUGHOUT THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $733,963 Revenue: $725,033

EDUCATION: GROUNDED IN THE BELIEF THAT ARTS AND ARTS EDUCATION ARE VITAL TO A HEALTHY SOCIETY, ACP OFFERS YEAR-ROUND CLASSES AND WORKSHOPS IN PAINTING, DRAWING, CERAMICS, TEXTILE ARTS, PRINTMAKING...

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EDUCATION: GROUNDED IN THE BELIEF THAT ARTS AND ARTS EDUCATION ARE VITAL TO A HEALTHY SOCIETY, ACP OFFERS YEAR-ROUND CLASSES AND WORKSHOPS IN PAINTING, DRAWING, CERAMICS, TEXTILE ARTS, PRINTMAKING, DANCE, MUSIC, AND LITERARY ARTS TO CHILDREN, TEENS, AND ADULTS AT ITS PAUL ROBESON CENTER FOR THE ARTS. EACH SEMESTER, ACP OFFERS AN AVERAGE OF 100 CLASSES, ALONGSIDE SUMMER ART CAMP PROGRAMS. THESE PROGRAMS PROVIDE OPPORTUNITIES FOR THE COMMUNITY TO DEEPEN THEIR KNOWLEDGE AND APPRECIATION OF THE ARTS, ENGAGE IN CREATIVE EXPRESSION, AND CONNECT WITH PROFESSIONAL ARTISTS. SCHOLARSHIPS ENSURE ACCESSIBILITY FOR STUDENTS FACING FINANCIAL BARRIERS. MANY CLASSES AND WORKSHOPS ARE INTEGRATED WITH ACP'S EXHIBITIONS AND PERFORMANCES, ALLOWING PARTICIPANTS TO ENGAGE DIRECTLY WITH PROFESSIONAL VISUAL AND PERFORMING ARTISTS.

Program 2
Expenses: $352,894 Revenue: $24,293

COMMUNITY ARTS AND EVENTS: THE ACP DEMONSTRATES ITS BELIEF IN THE TRANSFORMATIVE POWER OF THE ARTS THROUGH AN ARRAY OF FREE AND TICKETED OFFERINGS THAT FOSTER CROSS-CULTURAL UNDERSTANDING, IMPROVE...

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COMMUNITY ARTS AND EVENTS: THE ACP DEMONSTRATES ITS BELIEF IN THE TRANSFORMATIVE POWER OF THE ARTS THROUGH AN ARRAY OF FREE AND TICKETED OFFERINGS THAT FOSTER CROSS-CULTURAL UNDERSTANDING, IMPROVE QUALITY OF LIFE, AND CONTRIBUTE TO ECONOMIC DEVELOPMENT. SIGNATURE EVENTS SUCH AS PORCHFEST, THE HOMETOWN HALLOWEEN PARADE, THE DA DE LOS MUERTOS CELEBRATION, AND PRINCETON'S ANNUAL MARTIN LUTHER KING JR. DAY CELEBRATION BRING THE COMMUNITY TOGETHER IN VIBRANT, INCLUSIVE WAYS. FREE AND TICKETED EVENTS INCLUDE MUSIC, ART, FOOD, AND FAMILY-ORIENTED CULTURAL ACTIVITIES, ENSURING ACCESSIBILITY FOR A WIDE AUDIENCE. OUTREACH INITIATIVES INCLUDE ARTREACH, WHICH DELIVERS FREE WEEKLY HANDS-ON ART EXPERIENCES TO OVER 400 UNDERSERVED STUDENTS ANNUALLY, AND CREATIVE AGING PROGRAMS, BRINGING MEANINGFUL ART EXPERIENCES TO SENIORS IN SUBSIDIZED LIVING FACILITIES.

Program 3
Expenses: $168,079 Revenue: $3,642

PRESENTING: THE ACP CURATES AWARD-WINNING EXHIBITIONS SHOWCASING PROFESSIONAL, FACULTY, AND STUDENT ARTISTS, ACCOMPANIED BY ARTIST TALKS, WORKSHOPS, AND OTHER PROGRAMMING TO ENRICH COMMUNITY...

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PRESENTING: THE ACP CURATES AWARD-WINNING EXHIBITIONS SHOWCASING PROFESSIONAL, FACULTY, AND STUDENT ARTISTS, ACCOMPANIED BY ARTIST TALKS, WORKSHOPS, AND OTHER PROGRAMMING TO ENRICH COMMUNITY ENGAGEMENT WITH CONTEMPORARY ART. ITS THEATER HOSTS YEAR-ROUND PERFORMANCES IN MUSIC, POETRY, DANCE, THEATER, AND FILM, BOTH ACP-PRODUCED AND THROUGH COLLABORATIONS WITH A WIDE ARRAY OF LOCAL ORGANIZATIONS. PROGRAMS LIKE STORY & VERSE, A FREE MONTHLY OPEN MIC EVENT CELEBRATING THE POWER OF SPOKEN WORD, POETRY, AND STORYTELLING, PROVIDE AN INCLUSIVE PLATFORM FOR LOCAL VOICES WHILE FOSTERING CREATIVITY AND COMMUNITY CONNECTION.

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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 $788,873
Program Service Revenue $916,373
Investment Income $45,880
Other Revenue $51,354
TOTAL REVENUE $1,802,480

Expense Breakdown

Grants Paid $0
Salaries & Benefits $978,170
Fundraising Expenses $224,503
Program Expenses $1,455,319
Other Expenses $963,619
TOTAL EXPENSES $1,941,789

Year-over-Year Comparison

2024 2023 Change
Revenue $1,802,480 $1,973,184 -0.1%
Expenses $1,941,789 $1,824,705 +0.1%
Net Income $-139,309 $148,479 -1.9%
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
22
Independent Members
21
Employees
34
Volunteers
253

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
4
$0
Total Directors
22
$156,571
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM WELCH EXECUTIVE DI 40.00
Director
$131,901 $24,670 $156,571
ANNE REEVES FOUNDING DIR 0.00
$20,000 $0 $20,000
JACQUI ALEXANDER SECRETARY 2.00
Officer Director
$0 $0 $0
PHIL CLIPPINGER TRUSTEE 1.00
Director
$0 $0 $0
AARON FISHER TRUSTEE 1.00
Director
$0 $0 $0
LINDSEY FORDEN TRUSTEE 1.00
Director
$0 $0 $0
TAMARA SIMPKINS FRANKLIN VICE PRESIDE 2.00
Officer Director
$0 $0 $0
SAMIRA GHANI TRUSTEE 1.00
Director
$0 $0 $0
KATHY HERRING TRUSTEE 1.00
Director
$0 $0 $0
PAMELA JENSEN TRUSTEE 1.00
Director
$0 $0 $0
ALISAN KAVOOKJIAN TRUSTEE 1.00
Director
$0 $0 $0
DANIEL KELLY TREASURER 2.00
Officer Director
$0 $0 $0
STEPHEN KIM TRUSTEE 1.00
Director
$0 $0 $0
CAITLIN KOLCZYNSKI TRUSTEE 1.00
Director
$0 $0 $0
PATRICK DE MAYNADIER EXEC COMM ME 1.00
Director
$0 $0 $0
MARYELLEN MCQUADE TRUSTEE 1.00
Director
$0 $0 $0
DIANA MOORE TRUSTEE 1.00
Director
$0 $0 $0
TINA MOTTO TRUSTEE 1.00
Director
$0 $0 $0
LYDIA PFEIFFER TRUSTEE 1.00
Director
$0 $0 $0
ALEX PIMENTEL TRUSTEE 1.00
Director
$0 $0 $0
GREGORY SMITH TRUSTEE 1.00
Director
$0 $0 $0
JOHN THOMPSON PRESIDENT 2.00
Officer Director
$0 $0 $0
VIRIDIANA MARTINEZ WEISS TRUSTEE 1.00
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 $1,802,480 $1,941,789 $6,916,045 $-139,309
2024 $1,973,184 $1,824,705 $6,846,850 $148,479
2023 $1,765,832 $1,809,439 $6,573,853 $-43,607
2022 $1,613,080 $1,600,158 $6,571,775 $12,922
2021 $1,415,782 $1,337,307 $6,794,650 $78,475
2020 $1,199,089 $1,449,044 $6,391,556 $-249,955
2019 $1,254,725 $1,451,881 $6,431,330 $-197,156
2018 $1,355,828 $1,555,005 $6,593,402 $-199,177
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