Young Lions Jazz Conservatory

Analysis

Young Lions Jazz Conservatory is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Young Lions Jazz Conservatory reported income of $335k and spending of $262k, leaving 22% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $250k to $335k (+34%), an average of +34% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Young Lions Jazz Conservatory sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Mendocino Performing Arts Company Inc ($335k), Community Doula Alliance ($335k) and West Michigan Youth Ballet ($334k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. At year end it held assets of $274k against liabilities of $0, net assets of $274k.