Nebraska Jazz Orchestra Inc

Analysis

Nebraska Jazz Orchestra Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in November 1988, 38 years ago. 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 August 2023, Nebraska Jazz Orchestra Inc reported income of $101k and spending of $101k, spending 100% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $84k to $101k (+20%), an average of +20% a year. The sharpest change came in the year to August 2023, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nebraska Jazz Orchestra Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NE. Charities of a similar size with the same main cause include Hernando Historical Museum Association Inc ($101k), Valley Youth Soccer League Inc ($101k) and PTA North Carolina Congress ($101k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. At year end it held assets of $173k against liabilities of $8,510, net assets of $164k.