Hot Jazz Jubilee Inc

Analysis

Hot Jazz Jubilee Inc is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in August 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, Hot Jazz Jubilee Inc reported income of $161k and spending of $151k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $161k (+119%), an average of +119% a year. The sharpest change came in the year to December 2023, when income rose by 119%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hot Jazz Jubilee Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Bach Aria Soloists ($161k), Los Angeles Live Steamer Inc ($161k) and Old Post Office Museum and Art Center ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $188k against liabilities of $390, net assets of $187k.