Theodicy Jazz Collective

Analysis

Theodicy Jazz Collective is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 2016, 10 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 June 2023, Theodicy Jazz Collective reported income of $114k and spending of $149k, spending 131% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $136k to $114k (-17%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theodicy Jazz Collective sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within GA. Charities of a similar size with the same main cause include Pinellas Youth Symphony Inc ($114k), South Fork Performing Arts Inc ($114k) and United Square Dancer of America ($114k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.