Living Jazz

Analysis

Living Jazz is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in July 1985, 41 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 July 2023, Living Jazz reported income of $1.1m and spending of $900k, spending 85% of its income. Across the 5 years on record, from December 2019 to July 2023, income grew from $892k to $1.1m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2022, when income rose by 89%. 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, Living Jazz sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Cine Billings ($1.1m), Refuge Productions Inc ($1.1m) and Nantucket Community Television Inc ($1.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $69k (7.6% of expenses). Other salaries and wages came to $217k. At year end it held assets of $899k against liabilities of $98k, net assets of $801k. It reported 20 employees.