Form 990 for tax year 2024
Filed by NEW JERSEY ARTS AND CULTURE RENEWAL FUND INC.
Totals
- Total revenue
- $427,704
- Total expenses
- $43,614
- Contributions and grants received
- $427,704
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $420,465
- Total liabilities, end of year
- $36,375
- Net assets or fund balances, end of year
- $384,090
- Program services expenses (Part IX)
- $3,843
- Management and general expenses
- $39,771
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,843
Program services were 8.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$427,704
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $3,673 · management and general $3,673
-
11c · Fees: accounting
total $16,720 · management and general $16,720
-
11g · Fees: other
total $8,337 · management and general $8,337
-
13 · Office expenses
total $336 · management and general $336
-
17 · Travel
total $2,358 · management and general $2,358
-
19 · Conferences, conventions and meetings
total $97 · management and general $97
-
24a · Other expenses: INFORMATION TECHNOLOGY
total $8,102 · management and general $8,102
-
24b · Other expenses: EVENTS
total $3,843 · program services $3,843
-
24c · Other expenses: BANK FEES
total $123 · management and general $123
-
24d · Other expenses: REGISTRATION FEES
total $25 · management and general $25
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $327,757
-
4 · Accounts receivable
end of year $90,000
-
9 · Prepaid expenses and deferred charges
end of year $2,708
-
17 · Accounts payable and accrued expenses
end of year $36,375
-
27 · Net assets without donor restrictions
end of year $384,090
Mission and programs · 2024
Mission
THE NEW JERSEY ARTS AND CULTURE RENEWAL FUND WAS ESTABLISHED TO ENSURE THE SURVIVAL AND STRENGTH OF THE STATE'S ARTS, ARTS EDUCATION, CULTURAL AND HISTORICAL SECTOR DURING AND AFTER THE COVID-19 PANDEMIC.
-
THE NEW JERSEY ARTS & CULTURE RENEWAL FUND PROVIDES FINANCIAL SUPPORT TO CATALYZE A MORE EQUITABLE STATEWIDE RECOVERY AND BUILD RESILIENCE FOR ARTS, CULTURAL AND HISTORICAL ORGANIZATIONS.
-
THE NEW JERSEY ARTS & CULTURE RENEWAL FUND HOST CONVENINGS TO PROVIDE PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES.
Expenses $3,843
As filed on the 2024 return.
Listed in Part VII
-
Sharnita C JohnsonSHARNITA C JOHNSON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Jeremy GruninJEREMY GRUNIN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Nicole ButlerNICOLE BUTLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kim Alexander-CookKIM ALEXANDER-COOK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
William EngelWILLIAM ENGEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Erik EstradaERIK ESTRADA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Chiho FeindlerCHIHO FEINDLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Catherine J Fulmer-HoganCATHERINE J FULMER-HOGAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Wendy LiscowWENDY LISCOW
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lynne ToyeLYNNE TOYE
EXECUTIVE DIRECTOR
- Total calculated
- $208,087
- From this org
- $0
- From related orgs
- $185,792
- Other
- $22,295
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $185,792 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $22,295 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $208,087 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513219349315006
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.