Junior Jazz Foundation

Analysis

Junior Jazz Foundation is a registered charity in United States, based in Hilton Head, SC. It received its IRS tax-exemption ruling in May 2010, 16 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 December 2023, Junior Jazz Foundation reported income of $771k and spending of $737k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $771k (+300%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 273%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Junior Jazz Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within SC. Charities of a similar size with the same main cause include Cheyenne Symphony Orchestra ($771k), Society to Preserve the Millvale Murals of Maxo Vanka ($771k) and Town Square Television ($771k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% and program service revenue 4.1% of the total. At year end it held assets of $207k against liabilities of $393, net assets of $206k.