Jazz at the Ballroom Inc

Analysis

Jazz at the Ballroom Inc is a registered charity in United States, based in Burlingame, CA. It received its IRS tax-exemption ruling in August 2017, 9 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 December 2023, Jazz at the Ballroom Inc reported income of $416k and spending of $510k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $334k to $416k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jazz at the Ballroom Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Lacis Museum of Lace and Textiles Inc ($416k), Roxy-Chimes Foundation Inc ($416k) and Black Theatre United ($416k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $103k (20% of expenses). At year end it held assets of $98k against liabilities of $0, net assets of $98k. It reported 2 employees.