Jazz Project

Analysis

Jazz Project is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in August 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 (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, Jazz Project reported income of $98k and spending of $112k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $98k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 109% 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 Project sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within WA. Charities of a similar size with the same main cause include Exceptional Theater Company Inc ($98k), Laguna Beach Festival of Arts Foundation ($98k) and Little Lumpys Center for Educational Initatives ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 22% of the total. At year end it held assets of $192k against liabilities of $0, net assets of $192k.