Juneau Jazz and Classics Inc

Analysis

Juneau Jazz and Classics Inc is a registered charity in United States, based in Juneau, AK. It received its IRS tax-exemption ruling in May 1988, 38 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, Juneau Jazz and Classics Inc reported income of $391k and spending of $347k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $201k to $391k (+95%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Juneau Jazz and Classics Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within AK. Charities of a similar size with the same main cause include Demolay International ($391k), Herald and Banner Press ($391k) and Friends of The@orchestra ($391k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $115k (33% of expenses). Other salaries and wages came to $23k. At year end it held assets of $287k against liabilities of $9,304, net assets of $277k. It reported 3 employees.