Greater Hartford Festival of Jazz

Analysis

Greater Hartford Festival of Jazz is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Greater Hartford Festival of Jazz reported income of $464k and spending of $493k, spending 106% of what it took in. Across the 6 years on record, from September 2019 to September 2024, income grew from $245k to $464k (+89%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 187%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greater Hartford Festival of Jazz sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include Silver Beach Carousel Society Inc ($464k), Fort Smith Music and Arts Festival Inc ($464k) and Pacific Northwest School of Music ($463k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $0 against liabilities of $6,686, net assets of -$6,686.