Jazz Empowers

Analysis

Jazz Empowers is a registered charity in United States, based in Nashville, TN. 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 June 2024, Jazz Empowers reported income of $866k and spending of $810k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $261k to $866k (+232%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 146%. 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 Empowers sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Universal Childrens Creations Art Academy ($866k), Fresno Arts Council Inc ($866k) and Pacific Boychoir Academy ($866k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $66k (8.2% of expenses). Other salaries and wages came to $60k. At year end it held assets of $342k against liabilities of $179k, net assets of $164k. It reported 3 employees.