NEW JERSEY BALLET COMPANY INC

EIN: 237447316 501(c)(3) Arts, Culture & Humanities

Florham Park, NJ

Total Revenue
$3,675,718
Total Expenses
$3,736,152
Total Assets
$3,258,523
Net Assets
$1,560,934
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
NJ
Principal Officer
David Tamaki
Phone
9735979600
Tax Period
2024-07-01 to 2025-06-30

NEW JERSEY BALLET COMPANY INC, founded in 1958, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.7M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

The Company's mission is to provide a first class professional dance company for New Jersey, to maintain the highest standards of artistry and repertory, and to enrich the cultural education of public school children of all ages throughout New Jersey.

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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 $1,298,685
Program Service Revenue $2,359,428
Investment Income $17,605
Other Revenue $0
TOTAL REVENUE $3,675,718

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,929,912
Fundraising Expenses $74,200
Program Expenses $3,241,054
Other Expenses $1,806,240
TOTAL EXPENSES $3,736,152

Year-over-Year Comparison

2024 2023 Change
Revenue $3,675,718 $3,356,644 +0.1%
Expenses $3,736,152 $3,099,154 +0.2%
Net Income $-60,434 $257,490 -1.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
17
Employees
123
Volunteers
15

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
6
$229,112
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Maria Kowroski Artistic Direct 40.00
Officer
$123,622 $0 $123,622
David Tamaki Executive Dir. 40.00
Officer
$105,490 $0 $105,490
Ellen Dec Trustee 2.00
Director
$0 $0 $0
Susan Head Trustee 2.00
Director
$0 $0 $0
LISA WALSH ESQ Trustee 2.00
Director
$0 $0 $0
Bea Daggett Trustee 3.00
Director
$0 $0 $0
Geoffrey Weinman PhD Trustee 3.00
Director
$0 $0 $0
Jason Dailey Trustee 3.00
Director
$0 $0 $0
Carlo Di Dio Trustee 2.00
Director
$0 $0 $0
Michael Kurze Trustee 2.00
Director
$0 $0 $0
Theresa K Harvin Trustee 2.00
Director
$0 $0 $0
Scott T Tross Esq Trustee 5.00
Director
$0 $0 $0
Danielle Piazza Trustee 2.00
Director
$0 $0 $0
Elimar Pozzobon Trustee 2.00
Director
$0 $0 $0
Martin Prentice Trustee 2.00
Director
$0 $0 $0
Cheryl Thorpe Trustee 2.00
Director
$0 $0 $0
Susan A Manardo Esq Vice Chairman 3.00
Officer
$0 $0 $0
Jennifer Bakshi Secretary 2.00
Officer
$0 $0 $0
Scott Becchi Chairman 2.00
Officer
$0 $0 $0
Tom Loucopolos Treasurer 2.00
Officer
$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 $3,675,718 $3,736,152 $3,258,523 $-60,434
2024 $3,356,644 $3,099,154 $3,588,342 $257,490
2023 $2,295,624 $2,283,962 $3,809,108 $11,662
2022 $1,894,921 $1,556,655 $1,730,612 $338,266
2021 $986,609 $797,948 $1,370,982 $188,661
2020 $1,495,791 $1,311,415 $1,260,441 $184,376
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