Friends of the Dew Drop Inn Jazz Hall

Analysis

Friends of the Dew Drop Inn Jazz Hall is a registered charity in United States, based in Mandeville, LA. It received its IRS tax-exemption ruling in June 2008, 18 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 2022, Friends of the Dew Drop Inn Jazz Hall reported income of $56k and spending of $44k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2020 to December 2022, income grew from $10k to $56k (+458%), an average of +458% a year. The sharpest change came in the year to December 2022, when income rose by 458%. 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, Friends of the Dew Drop Inn Jazz Hall sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within LA. Charities of a similar size with the same main cause include The Connecticut State Police Academy Alumni Association Museum ($56k), Simmons Stable Preservation Fund ($56k) and Chinese Cultural Society of Stockton Corporation ($56k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.