Bay Area Jazz and Arts Inc

Analysis

Bay Area Jazz and Arts Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 2013, 13 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bay Area Jazz and Arts Inc reported income of $573k and spending of $573k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $344k to $573k (+67%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bay Area Jazz and Arts Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include River West Theater Inc ($573k), Catv Inc ($573k) and American Filtration and Seperations Society Inc ($573k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. At year end it held assets of $41k against liabilities of $41k, net assets of $0.