Al Downing Tampa Bay Jazz Association Inc

Analysis

Al Downing Tampa Bay Jazz Association Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in June 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, Al Downing Tampa Bay Jazz Association Inc reported income of $78k and spending of $73k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $78k (+14%), an average of +14% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Al Downing Tampa Bay Jazz Association Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Columcille Inc ($78k), Woodland Masters Swim Team ($78k) and R J Taylor Jr Foundation Trust 09374 Trust Co of Georgia Ttee ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 44% of the total. At year end it held assets of $300k against liabilities of $29k, net assets of $271k.