Tucson Jazz Music Foundation

Analysis

Tucson Jazz Music Foundation is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tucson Jazz Music Foundation reported income of $53k and spending of $59k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $59k to $53k (-10%), an average of -10% a year. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tucson Jazz Music Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within AZ. Charities of a similar size with the same main cause include Ranch Heights Elementary School Parent-Teacher Organization PTO ($53k), Fir Grove Elementary School Parent Teacher Organization Inc ($53k) and Killian Cavanaugh Foundation ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.