Overview
What is The Wharton Institute For The Performing Arts Inc?
The Wharton Institute for the Performing Arts Inc., based in Berkeley Heights, New Jersey, is a renowned nonprofit organization committed to providing performing arts education. Serving nearly 2,000 individuals annually, their programs cater to individuals of all ages, backgrounds, and abilities. Their offerings include music lessons in various instruments and voice, musical theater and drama classes, and summer camps for children, teens, and adults. The organization's mission is to make performing arts education accessible, fostering personal growth and building inclusive communities. They extend their reach beyond their institutional walls, engaging in community outreach activities such as offering on-site instruction at local schools, performing at community events, and providing music lessons for senior citizens and chronically ill children in long-term pediatric care. With a team of 187 dedicated employees, Wharton Arts is deeply rooted in New Jersey's arts community.
Official website here: www.whartonarts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
The Wharton Institute For The Performing Arts Inc has received an 81% rating on Charity Navigator, reflecting a generally positive assessment of its accountability and financial management. This score is solely derived from its Accountability & Finance category, indicating a strong emphasis on these aspects within the organization. The charity's independent board comprises 100% independent members, demonstrating a commitment to governance integrity.
Strengths highlighted in the rating include an excellent program expense ratio of nearly 77%, indicating that a significant portion of its funds is directed towards its programs. The organization has also met all criteria for financial oversight, including having an audit and oversight committee in place, as well as strong policies related to conflicts of interest and whistleblowing. These factors contribute to a transparent operational environment.
While the overall score is strong, with no material diversion of assets noted, the single focus on the Accountability & Finance beacon means that other potential areas of performance, such as program effectiveness or community impact, are not evaluated here. This limitation suggests that while the organization is financially sound, further information on its effectiveness in fulfilling its mission would provide a more comprehensive picture.
This AI summary has been generated from information found on Charity Navigator.
Is The Wharton Institute For The Performing Arts Inc legitimate?
The Wharton Institute For The Performing Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wharton Institute For The Performing Arts Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $203,373
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,376,660
For more financial information, click here
Official website here: www.whartonarts.org
What is the mission statement of The Wharton Institute For The Performing Arts Inc?
The Wharton Institute for the Performing Arts Inc., as a non-profit organization, aims to make performing arts education accessible to all, fostering personal growth and promoting inclusive communities. Through their programs, they serve a diverse range of individuals, from toddlers in early childhood education classes to advanced student musicians in the renowned Youth Symphony. Their Performing Arts School offers private and group music lessons, as well as drama classes and summer camps, catering to beginners and advanced students alike, regardless of financial ability. Beyond providing education, the institution is actively involved in the community, offering on-site instruction at local schools, performing at community events, and engaging in initiatives such as a cafe choir program for senior citizens and bringing the joy of music to chronically ill children in long-term pediatric care.
Official website here: www.whartonarts.org
What is the revenue of The Wharton Institute For The Performing Arts Inc?
The Wharton Institute For The Performing Arts Inc's revenue in 2024 was $6,304,269.
Official website here: www.whartonarts.org
Who are the executives of The Wharton Institute For The Performing Arts Inc and what are their salaries?
The average compensation at The Wharton Institute For The Performing Arts Inc during 2024 was $10,706. There are 241 employees and 83 volunteers at The Wharton Institute For The Performing Arts Inc.
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- Compensation: $117,654
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Official website here: www.whartonarts.org
Where can I find the form 990 for The Wharton Institute For The Performing Arts Inc?
The Wharton Institute For The Performing Arts Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.whartonarts.org
Learn more at the official website: www.whartonarts.org
Mission Statement of The Wharton Institute For The Performing Arts Inc
The Wharton Institute for the Performing Arts Inc is dedicated to making high-quality performing arts education accessible to all, fostering personal growth and building inclusive communities. This non-profit organization, serving nearly 2,000 students of various ages, backgrounds, and abilities, achieves this mission through a range of classes, ensembles, and programs.
The organization's Performing Arts School (PAS) plays a significant role in this mission. PAS offers private and group music lessons in various instruments, voice, musical theater, and drama classes, as well as summer camp programs for children, teens, and adults. It welcomes beginners as well as advanced students, ensuring that performing arts education is accessible to everyone. PAS is actively involved in the community, offering on-site instruction at local schools, performing at community events and festivals, running a café choir program for senior citizens, and bringing the joy of music to chronically ill children in long-term pediatric care.
In essence, The Wharton Institute for the Performing Arts Inc strives to make performing arts an integral part of everyone's life, fostering growth and unity among its students and the broader community. Through its diverse range of programs and outreach efforts, it ensures that performing arts education is not only accessible but also enriching for individuals of all abilities and backgrounds.
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Impact
October, 2024
The Wharton Institute for the Performing Arts Inc significantly enhances the cultural fabric of New Jersey by providing accessible, high-quality performing arts education to nearly 2,000 students of diverse ages, backgrounds, and abilities. Through its various programs, such as the New Jersey Youth Symphony and the Paterson Music Project, it fosters personal growth and creativity while bridging gaps in arts education.
The Performing Arts School (PAS) serves as a vital resource, offering a wide range of music lessons and classes that cater to both beginners and advanced students across instruments and vocal training. This inclusivity ensures that anyone, regardless of their financial situation, can participate in the arts. The outreach efforts extend the impact beyond the classroom, bringing music to local schools, community events, and underserved populations, including at-risk youth and the chronically ill.
Furthermore, initiatives like the intergenerational community choir not only promote artistic expression but also strengthen community bonds by fostering connections across generations. By championing accessible arts education and community engagement, the Wharton Institute nurtures talent, promotes personal development, and inspires a lifelong appreciation for the performing arts.
This information is meant to be a general summary of The Wharton Institute For The Performing Arts Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $479
- Program Service Revenue: $3,340,604
- Gross Receipts: $6,345,401
Assets and Liabilities:
- Total Assets: $1,847,827
- Total Liabilities: $1,231,699
- Net Assets: $616,128
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$2,541,438
PROGRAM SERVICE FEES
Revenue
$738,059
PERFORMANCES
Revenue
$54,779
RENTAL INCOME
Revenue
$6,328
Organization Details
Founding Year
1985
Principal Officer
Gina Caruso
Website
www.whartonarts.orgNTEE Category
Code: A61 - Arts
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