Twin Cities Mobile Jazz Project

Analysis

Twin Cities Mobile Jazz Project is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in December 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 (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, Twin Cities Mobile Jazz Project reported income of $60k and spending of $57k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $135k to $60k (-56%), an average of -18% a year. The sharpest change came in the year to December 2021, when income dropped by 57%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Twin Cities Mobile Jazz Project sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include Ng9-1-1 Institute ($60k), Central Heritage Society ($60k) and Cleveland Photographic Society ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $32k. At year end it held assets of $13k against liabilities of $0, net assets of $13k.