Symphonic Jazz Orchestra

Analysis

Symphonic Jazz Orchestra is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in August 2001, 25 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 August 2023, Symphonic Jazz Orchestra reported income of $613k and spending of $605k, spending 99% of its income. The sharpest change came in the year to August 2023, when income rose by 51%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Symphonic Jazz Orchestra sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Edgerton Education Foundation ($613k), Aisha Cultural Centers Inc ($613k) and Friends of Montana Shakespeare in the Parks ($613k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $247k. At year end it held assets of $197k against liabilities of $2,628, net assets of $195k.