Eau Claire Jazz Inc

Analysis

Eau Claire Jazz Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in October 2009, 17 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 June 2023, Eau Claire Jazz Inc reported income of $139k and spending of $153k, spending 110% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $230k to $139k (-40%), an average of -40% a year. The sharpest change came in the year to June 2023, when income dropped by 40%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eau Claire Jazz Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within WI. Charities of a similar size with the same main cause include Productions Over the Rainbow Incorporated ($139k), Morongo Basin Cultural Arts Council ($139k) and Capitalbop Inc ($139k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. At year end it held assets of $118k against liabilities of $4,970, net assets of $113k.