Pappy Martin Legacy Jazz Collective

Analysis

Pappy Martin Legacy Jazz Collective is a registered charity in United States, based in Buffalo, NY. 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 (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, Pappy Martin Legacy Jazz Collective reported income of $235k and spending of $283k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $190k to $235k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. 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, Pappy Martin Legacy Jazz Collective sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Rochester Lesbian & Gay Film & Video Festival Inc ($235k), The Marshall County Community Theatre Inc ($235k) and Pennsylvania Public Radio Associates Inc ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $19k (6.8% of expenses). At year end it held assets of $49k against liabilities of $0, net assets of $49k.