Jazz Becuzz Arts Group Inc

Analysis

Jazz Becuzz Arts Group Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 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 2021, Jazz Becuzz Arts Group Inc reported income of $109k and spending of $107k, spending 99% of its income. Across the 2 years on record, from December 2019 to December 2021, income fell from $177k to $109k (-39%), an average of -39% a year. The sharpest change came in the year to December 2021, when income dropped by 39%. Over the whole period it spent 94% 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 Becuzz Arts Group Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include International Friendship Through the Performing Arts ($109k), Bengali Association of North Carolina ($109k) and Federation of India Community Associations of N E Ohio Inc ($109k).

On its Form 990-EZ for the period ending December 2021, revenue came from contributions and grants 104% and program service revenue 12% of the total. At year end it held assets of $64k against liabilities of $37k, net assets of $27k.