Greeley Blues Jam

Analysis

Greeley Blues Jam is a registered charity in United States, based in Greeley, CO. It received its IRS tax-exemption ruling in September 2018, 8 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, Greeley Blues Jam reported income of $128k and spending of $159k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $303k to $128k (-58%), an average of -19% a year. The sharpest change came in the year to December 2021, when income rose by 1220%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greeley Blues Jam sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within CO. Charities of a similar size with the same main cause include Labyrinth Choir ($128k), Needham Community Theatre Incorporated ($128k) and The Watermens Museum ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $59k against liabilities of $7,055, net assets of $52k.