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Employer Identification Number 22-1487275

THE NEWARK MUSEUM ASSOCIATION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:THE NEWARK MUSEUM ASSOCIATION
Employer identification number (EIN):22-1487275
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:712100
NAIC Description: Museums, Historical Sites, and Similar Institutions
401k Pension/Benefits registration THE NEWARK MUSEUM ASSOCIATION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE NEWARK MUSEUM OPERATES FOR THE BENEFIT OF THE PUBLIC AS A MUSEUM OF SERVICE.
Number of Employees231
Number of Volunteers200
Year Formed1909

Organization Governance

Legal DomicileNJ
Voting Members - Governing Body27
Voting Members - Independent27

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 51,764
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 127,528
Program Service Revenue from current yearUSD $ 476,996
Investment Income from prior yearUSD $ 22,524,141
Investment Income from current yearUSD $ 1,307,424
Other Revenue from prior yearUSD $ 1,054,554
Other Revenue from current yearUSD $ 90,703
Gross receipts from all sourcesUSD $ 30,010,909
Net assets / fund balances at end of fiscal yearUSD $ 60,012,857
Net assets / fund balances at beginning of fiscal yearUSD $ 79,881,197
Total liabilities at end of fiscal yearUSD $ 3,371,777
Total liabilities at beginning of fiscal yearUSD $ 3,305,198
Total assets at end of fiscal yearUSD $ 63,384,634
Total assets at beginning of fiscal yearUSD $ 83,186,395
Revenues less expenses for current yearUSD $ -12,860,918
Revenues less expenses for previous yearUSD $ 16,148,429
Total expenses for current yearUSD $ 25,733,529
Total expenses for previous yearUSD $ 17,816,141
Other expenses in current yearUSD $ 16,771,354
Other expenses in previous yearUSD $ 9,240,032
Total fundraising expenses in current yearUSD $ 2,755,713
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 8,962,175
Employee salary and benefits paid in previous yearUSD $ 8,576,109
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 12,872,611
Total revenue in previous fiscal yearUSD $ 33,964,570
Contributions and grants from current yearUSD $ 10,997,488
Contributions and grants from previous yearUSD $ 10,258,347
Gross income from fundraising eventsUSD $ 82,430
Cost of goods soldUSD $ 245,854
Revenue from membership duesUSD $ 351,696
Gross sales of inventory assetsUSD $ 231,352
Total of other revenueUSD $ 158,010
2021-12-31
Total unrelated business incomeUSD $ 53,409
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 183,463
Program Service Revenue from current yearUSD $ 127,528
Investment Income from prior yearUSD $ 774,458
Investment Income from current yearUSD $ 22,524,141
Other Revenue from prior yearUSD $ 62,424
Other Revenue from current yearUSD $ 1,054,554
Gross receipts from all sourcesUSD $ 45,506,591
Net assets / fund balances at end of fiscal yearUSD $ 79,881,197
Net assets / fund balances at beginning of fiscal yearUSD $ 62,462,330
Total liabilities at end of fiscal yearUSD $ 3,305,198
Total liabilities at beginning of fiscal yearUSD $ 1,908,562
Total assets at end of fiscal yearUSD $ 83,186,395
Total assets at beginning of fiscal yearUSD $ 64,370,892
Revenues less expenses for current yearUSD $ 16,148,429
Revenues less expenses for previous yearUSD $ -3,394,011
Total expenses for current yearUSD $ 17,816,141
Total expenses for previous yearUSD $ 15,130,760
Other expenses in current yearUSD $ 9,240,032
Other expenses in previous yearUSD $ 6,038,606
Total fundraising expenses in current yearUSD $ 2,656,480
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 8,576,109
Employee salary and benefits paid in previous yearUSD $ 9,092,154
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 33,964,570
Total revenue in previous fiscal yearUSD $ 11,736,749
Contributions and grants from current yearUSD $ 10,258,347
Contributions and grants from previous yearUSD $ 10,716,404
Gross income from fundraising eventsUSD $ 105,250
Cost of goods soldUSD $ 16,346
Revenue from membership duesUSD $ 351,300
Gross sales of inventory assetsUSD $ 76,679
Total of other revenueUSD $ 457,496
2020-12-31
Total unrelated business incomeUSD $ 77,403
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 821,091
Program Service Revenue from current yearUSD $ 183,463
Investment Income from prior yearUSD $ 1,482,155
Investment Income from current yearUSD $ 774,458
Other Revenue from prior yearUSD $ 674,856
Other Revenue from current yearUSD $ 62,424
Gross receipts from all sourcesUSD $ 25,539,243
Net assets / fund balances at end of fiscal yearUSD $ 62,462,330
Net assets / fund balances at beginning of fiscal yearUSD $ 62,172,251
Total liabilities at end of fiscal yearUSD $ 1,908,562
Total liabilities at beginning of fiscal yearUSD $ 1,640,777
Total assets at end of fiscal yearUSD $ 64,370,892
Total assets at beginning of fiscal yearUSD $ 63,813,028
Revenues less expenses for current yearUSD $ -3,394,011
Revenues less expenses for previous yearUSD $ -3,170,281
Total expenses for current yearUSD $ 15,130,760
Total expenses for previous yearUSD $ 15,251,382
Other expenses in current yearUSD $ 6,038,606
Other expenses in previous yearUSD $ 6,552,432
Total fundraising expenses in current yearUSD $ 2,834,311
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 9,092,154
Employee salary and benefits paid in previous yearUSD $ 8,698,950
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 11,736,749
Total revenue in previous fiscal yearUSD $ 12,081,101
Contributions and grants from current yearUSD $ 10,716,404
Contributions and grants from previous yearUSD $ 9,102,999
Gross income from fundraising eventsUSD $ 9,300
Cost of goods soldUSD $ 35,425
Revenue from membership duesUSD $ 387,090
Gross sales of inventory assetsUSD $ 44,826
Total of other revenueUSD $ 86,287
2019-12-31
Total unrelated business incomeUSD $ 209,197
Net unrelated business incomeUSD $ -47,434
Program Service Revenue from prior yearUSD $ 537,722
Program Service Revenue from current yearUSD $ 821,091
Investment Income from prior yearUSD $ 9,694,921
Investment Income from current yearUSD $ 1,482,155
Other Revenue from prior yearUSD $ 749,552
Other Revenue from current yearUSD $ 674,856
Gross receipts from all sourcesUSD $ 29,862,174
Net assets / fund balances at end of fiscal yearUSD $ 62,172,251
Net assets / fund balances at beginning of fiscal yearUSD $ 61,239,791
Total liabilities at end of fiscal yearUSD $ 1,640,777
Total liabilities at beginning of fiscal yearUSD $ 1,186,703
Total assets at end of fiscal yearUSD $ 63,813,028
Total assets at beginning of fiscal yearUSD $ 62,426,494
Revenues less expenses for current yearUSD $ -3,170,281
Revenues less expenses for previous yearUSD $ 6,250,646
Total expenses for current yearUSD $ 15,251,382
Total expenses for previous yearUSD $ 15,286,992
Other expenses in current yearUSD $ 6,552,432
Other expenses in previous yearUSD $ 6,815,688
Total fundraising expenses in current yearUSD $ 2,933,238
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 8,698,950
Employee salary and benefits paid in previous yearUSD $ 8,471,304
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 12,081,101
Total revenue in previous fiscal yearUSD $ 21,537,638
Contributions and grants from current yearUSD $ 9,102,999
Contributions and grants from previous yearUSD $ 10,555,443
Gross income from fundraising eventsUSD $ 112,060
Cost of goods soldUSD $ 85,945
Revenue from membership duesUSD $ 494,850
Gross sales of inventory assetsUSD $ 244,894
Total of other revenueUSD $ 278,439
2018-12-31
Total unrelated business incomeUSD $ 196,678
Net unrelated business incomeUSD $ -10,537
Program Service Revenue from prior yearUSD $ 293,609
Program Service Revenue from current yearUSD $ 537,722
Investment Income from prior yearUSD $ 3,622,704
Investment Income from current yearUSD $ 9,694,921
Other Revenue from prior yearUSD $ 134,836
Other Revenue from current yearUSD $ 749,552
Gross receipts from all sourcesUSD $ 56,801,947
Net assets / fund balances at end of fiscal yearUSD $ 61,239,791
Net assets / fund balances at beginning of fiscal yearUSD $ 65,704,654
Total liabilities at end of fiscal yearUSD $ 1,186,703
Total liabilities at beginning of fiscal yearUSD $ 1,503,176
Total assets at end of fiscal yearUSD $ 62,426,494
Total assets at beginning of fiscal yearUSD $ 67,207,830
Revenues less expenses for current yearUSD $ 6,250,646
Revenues less expenses for previous yearUSD $ -2,938,954
Total expenses for current yearUSD $ 15,286,992
Total expenses for previous yearUSD $ 20,015,203
Other expenses in current yearUSD $ 6,815,688
Other expenses in previous yearUSD $ 10,687,933
Total fundraising expenses in current yearUSD $ 2,776,891
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 8,471,304
Employee salary and benefits paid in previous yearUSD $ 9,327,270
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 21,537,638
Total revenue in previous fiscal yearUSD $ 17,076,249
Contributions and grants from current yearUSD $ 10,555,443
Contributions and grants from previous yearUSD $ 13,025,100
Gross income from fundraising eventsUSD $ 109,775
Cost of goods soldUSD $ 94,765
Revenue from membership duesUSD $ 518,510
Gross sales of inventory assetsUSD $ 554,419
Total of other revenueUSD $ 249,888
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 382,106
Program Service Revenue from current yearUSD $ 293,609
Investment Income from prior yearUSD $ 2,432,366
Investment Income from current yearUSD $ 3,622,704
Other Revenue from prior yearUSD $ 325,906
Other Revenue from current yearUSD $ 134,836
Gross receipts from all sourcesUSD $ 38,803,207
Net assets / fund balances at end of fiscal yearUSD $ 65,704,654
Net assets / fund balances at beginning of fiscal yearUSD $ 65,905,285
Total liabilities at end of fiscal yearUSD $ 1,503,176
Total liabilities at beginning of fiscal yearUSD $ 1,356,647
Total assets at end of fiscal yearUSD $ 67,207,830
Total assets at beginning of fiscal yearUSD $ 67,261,932
Revenues less expenses for current yearUSD $ -2,938,954
Revenues less expenses for previous yearUSD $ -4,673,141
Total expenses for current yearUSD $ 20,015,203
Total expenses for previous yearUSD $ 17,485,201
Other expenses in current yearUSD $ 10,687,933
Other expenses in previous yearUSD $ 8,300,491
Total fundraising expenses in current yearUSD $ 2,686,081
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 9,327,270
Employee salary and benefits paid in previous yearUSD $ 9,184,710
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 17,076,249
Total revenue in previous fiscal yearUSD $ 12,812,060
Contributions and grants from current yearUSD $ 13,025,100
Contributions and grants from previous yearUSD $ 9,671,682
Gross income from fundraising eventsUSD $ 89,475
Cost of goods soldUSD $ 93,524
Revenue from membership duesUSD $ 781,172
Gross sales of inventory assetsUSD $ 347,201
Total of other revenueUSD $ 2,545

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 221487275

USA Mailing Address
49 WASHINGTON STREET
NEWARK
NJ
07102
Date first seen: 2007-01-01
Date last seen: 2025-11-22

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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