Portland Jazz Composers Ensemble

Analysis

Portland Jazz Composers Ensemble is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 2011, 15 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, Portland Jazz Composers Ensemble reported income of $101k and spending of $116k, spending 114% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $87k to $101k (+16%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Portland Jazz Composers Ensemble sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OR. Charities of a similar size with the same main cause include Studio School of Design ($101k), Lake Houston Musical Arts Society Inc ($101k) and Wethersfield Academy for the Arts Inc ($101k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 20% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.