AArts, Culture & HumanitiesEIN: 221487275· Ruling Year: 1927

Newark Museum Association

Newark, New Jersey

BHealth Score
59B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 25 peers in Arts, Culture & Humanities with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.04×
Peer Median4.61×
💰
$18.2M
Total Revenue
📊
$20.1M
Total Expenses
🏦
$60.9M
Net Assets
📋
$4.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+41.1%
Year-over-year change (2022 → 2023)
Net Margin
-10.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.04
Net assets divided by total expenses
Liabilities-to-Assets
6.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$18,158,76541%$20,058,46822%$65,299,4153%
2022$12,872,61162%$25,733,52944%$63,384,63424%
2021$33,964,570189%$17,816,14118%$83,186,39529%
2020$11,736,7493%$15,130,7601%$64,370,8921%
2019$12,081,10144%$15,251,382$63,813,0282%
2018$21,537,63826%$15,286,99224%$62,426,4947%
2017$17,076,24933%$20,015,20314%$67,207,830
2016$12,812,0607%$17,485,20110%$67,261,9325%
2015$13,818,56814%$15,911,0268%$70,444,7018%
2014$16,108,8673%$14,771,8591%$76,219,7394%
2013$15,674,3933%$14,886,47319%$73,505,2206%
2012$16,224,6117%$18,300,5065%$69,286,2071%
2011$17,408,316$17,376,790$68,267,558

Frequently Asked Questions

What does Newark Museum Association do?

Newark Museum Association is a arts, culture & humanities nonprofit organization based in New Jersey. It is classified under NTEE code A500 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Newark Museum Association financially healthy?

Based on our 9-metric Financial Health Score model, Newark Museum Association has a score of 59/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Newark Museum Association generate?

Newark Museum Association reports $23.8M in annual revenue and holds $70.4M in total assets, based on IRS filings.

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Newark Museum Association — Newark, NJ | GiveScope