Cincinnati Contemporary Jazz

Analysis

Cincinnati Contemporary Jazz is a registered charity in United States, based in Cincinnati, OH. 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 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 June 2024, Cincinnati Contemporary Jazz reported income of $137k and spending of $114k, spending 83% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $198k to $137k (-31%), an average of -31% a year. The sharpest change came in the year to June 2024, when income dropped by 31%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cincinnati Contemporary Jazz sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include Elbow Room ($137k), Ballet Minnesota Inc ($137k) and Street Wise Arts ($137k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 48% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.