Gold Coast Jazz Society Inc

Analysis

Gold Coast Jazz Society Inc is a registered charity in United States, based in Fort Lauderdale, FL. It received its IRS tax-exemption ruling in October 1992, 34 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 2023, Gold Coast Jazz Society Inc reported income of $936k and spending of $456k, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $456k to $936k (+105%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 65%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gold Coast Jazz Society 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 78th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Oarc Inc ($936k), Spectrum Dance Theater ($937k) and Nhscot ($936k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $66k (15% of expenses). Other salaries and wages came to $55k. At year end it held assets of $2.4m against liabilities of $84k, net assets of $2.4m. It reported 2 employees.