Delaware Celebration of Jazz Inc

Analysis

Delaware Celebration of Jazz Inc is a registered charity in United States, based in Lewes, DE. It received its IRS tax-exemption ruling in October 1997, 29 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, Delaware Celebration of Jazz Inc reported income of $959k and spending of $831k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $706k to $959k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 1229%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Delaware Celebration of Jazz Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 74th percentile within DE. Charities of a similar size with the same main cause include Institute of Chinese Culture ($958k), Houston Youth Symphony ($959k) and Richard Ellis Radio ($958k).

On its Form 990 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 $616k against liabilities of $125k, net assets of $491k.