Seattle Jazz Orchestra

Analysis

Seattle Jazz Orchestra is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 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 2024, Seattle Jazz Orchestra reported income of $442k and spending of $539k, spending 122% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $545k to $442k (-19%), an average of -4.1% a year. The sharpest change came in the year to June 2020, when income dropped by 19%. 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, Seattle Jazz Orchestra sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Somerset Union Museum ($442k), Woodstock Artists Association Inc ($442k) and Perry County Council of the Arts ($442k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $95k (18% of expenses). Other salaries and wages came to $67k. It paid $3,039 in professional fundraising fees. At year end it held assets of $58k against liabilities of $1,384, net assets of $56k. It reported 8 employees.