Jazz Stepping Stones

Analysis

Jazz Stepping Stones is a registered charity in United States, based in Oceanside, CA. It received its IRS tax-exemption ruling in January 2016, 10 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 2023, Jazz Stepping Stones reported income of $176k and spending of $161k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $235k to $176k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 84% 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 Stepping Stones sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Statewide Country Music Association Inc ($176k), Harriton Association ($176k) and Coastal Islands Theater Inc ($176k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $69k against liabilities of $89k, net assets of -$20k.