Durham Jazz Workshop

Analysis

Durham Jazz Workshop is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in September 2012, 14 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, Durham Jazz Workshop reported income of $546k and spending of $606k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $377k to $546k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 143%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Durham Jazz Workshop sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Utsav ($546k), Non Resident Nepali Association National Coordination Council of U ($546k) and North Attleboro Communitytelevision Inc ($546k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $157k (26% of expenses). Other salaries and wages came to $30k. At year end it held assets of $222k against liabilities of $147k, net assets of $75k. It reported 3 employees.