Jazz Arts Group of Columbus

Analysis

Jazz Arts Group of Columbus is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in December 1974, 52 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 June 2023, Jazz Arts Group of Columbus reported income of $2.4m and spending of $2.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.4m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2022, when income rose by 114%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jazz Arts Group of Columbus sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Multicultural Community Family Services Inc ($2.4m), Sbca Foundation and Endowment ($2.4m) and Salt Lick Incubator Incorporated ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $114k (5.1% of expenses). Other salaries and wages came to $784k. At year end it held assets of $1.3m against liabilities of $253k, net assets of $1.0m. It reported 33 employees.