Reno Jazz Orchestra

Analysis

Reno Jazz Orchestra is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in February 1998, 28 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, Reno Jazz Orchestra reported income of $77k and spending of $155k, spending 201% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $349k to $77k (-78%), an average of -32% a year. The sharpest change came in the year to December 2021, when income rose by 177%. 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, Reno Jazz Orchestra sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within NV. Charities of a similar size with the same main cause include Filarmonica Artista Amadora de San Leandro ($77k), Minnesota Masonic Historic Buildings ($77k) and Harrison County Arts Inc ($77k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Other salaries and wages came to $77k. At year end it held assets of $74k against liabilities of $2,547, net assets of $71k. It reported 7 employees.