Jazz Central Studios

Analysis

Jazz Central Studios is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2015, 11 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 Central Studios reported income of $63k and spending of $62k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $63k (-9.7%), an average of -9.7% a year. Over the whole period it spent 105% 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 Central Studios sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within MN. Charities of a similar size with the same main cause include Ifa Community of Ala Corporation ($63k), Aktina Productions Inc ($63k) and The Lansing Womens Chorus ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.