Colorado Jazz Inc

Analysis

Colorado Jazz Inc is a registered charity in United States, based in Lone Tree, CO. It received its IRS tax-exemption ruling in July 2015, 11 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, Colorado Jazz Inc reported income of $266k and spending of $194k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $226k to $266k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colorado Jazz Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Colt Coeur Theater Company Inc ($266k), Central Community Theatre Inc ($266k) and Cleveland Arts Prize ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $143k against liabilities of $1,924, net assets of $141k.