The Houston Jazz Collective

Analysis

The Houston Jazz Collective is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Houston Jazz Collective reported income of $55k and spending of $56k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $209k to $55k (-73%), an average of -74% a year. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Houston Jazz Collective sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include M S Community Stars of Performing Arts and Academics Inc ($55k), Pranam Collaborative Learning Services Inc NFP ($55k) and Society for Preservation & Encourmt of Barbershop Quartet Singing Amer ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.