Kansas City Jazz Orchestra

Analysis

Kansas City Jazz Orchestra is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in May 2003, 23 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, Kansas City Jazz Orchestra reported income of $583k and spending of $697k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $489k to $583k (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kansas City Jazz Orchestra sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include The Niagara Arts & Cultural Center Inc ($583k), Origination ($583k) and Treehouse Theater ($583k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $84k (12% of expenses). Other salaries and wages came to $136k. At year end it held assets of $294k against liabilities of $52k, net assets of $242k. It reported 3 employees.