Northwest Arkansas Jazz Society Inc

Analysis

Northwest Arkansas Jazz Society Inc is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in November 1996, 30 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, Northwest Arkansas Jazz Society Inc reported income of $139k and spending of $104k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $135k to $139k (+2.9%), an average of +2.9% a year. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northwest Arkansas Jazz Society Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within AR. Charities of a similar size with the same main cause include Morongo Basin Cultural Arts Council ($139k), Byrdies Pottery ($139k) and Eau Claire Jazz Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 23% of the total. At year end it held assets of $189k against liabilities of $1,234, net assets of $188k.