Jazz Night School

Analysis

Jazz Night School is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 2014, 12 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jazz Night School reported income of $915k and spending of $713k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $492k to $915k (+86%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 94% 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 Night School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include Friends of the Denver School of the Arts ($915k), Association of the Los Altos Historical Museum ($915k) and Idabel Museum Society Inc ($915k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $119k (17% of expenses). Other salaries and wages came to $195k. At year end it held assets of $520k against liabilities of $110k, net assets of $410k. It reported 4 employees.