Jazz Drama Program EIN 06-1722131 Form 990 (PDF) Claim this org

Jazz Drama Program FY2023 filing

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Transforms lives through jazz education and performances. For fiscal year 2023 it reported $525K in revenue, $488K in expenses, and $148K in net assets.Pt I

Founded
2004
Type
Public charity (501(c)(3)) · Arts & Culture
Location
New York, NY
Website
www.jazzpower.org
Filings
5 on file (2020–2023)
Revenue
$525KFY2023
Expenses
$488K
Net assets
$148K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  06-1722131 Public charity (501(c)(3)) New York, NY Founded 2004
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Transforms lives through jazz education and performances.
Leadership
Eli Yamin · Managing & Artistic Director · $61K
Money in and out
$525K revenue, $488K expenses
Bottom line
66% program efficiency
Where the money goes · FY2023
Total revenue
$525K
Pt VIII · Ln 12
Total expenses
$488K
Pt IX · Ln 25
Net assets
$148K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $37K
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.19 Fundraising $0.15
Program efficiency
66%
of spending reaches programs
Operating runway
4.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$525K
FY2023▲ +47%
Expenses
$488K
FY2023▲ +13%
Total assets
$260K
FY2023▲ +37%
Total liabilities
$112K
FY2023▲ +8%
Total revenue
$525K
Pt VIII · Ln 12
Total expenses
$488K
Pt IX · Ln 25
Net assets
$148K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$37K
Total assetsPt X · Ln 16$260K
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJazz Drama Program
EINHdr · item D06-1722131
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.jazzpower.org
Year of formationHdr · item L2004
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A68)
Ruling yearIRS BMFSep 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Managing & Artistic Director
$60,558Pt VII · Sec A
Board President
$0Pt VII · Sec A
Board Vice President
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Eli Yamin’s $77K as Managing & Artistic Director is at the 72nd percentile of top reported officer pay among 2212 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Eli Yamin$76,759$69,761$60,558$70,600$65,000$60,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $322K of program spending, described in the organization's own filed words · FY2022.
01

Providing jazz music, piano and theater education and performance programing to youth, educators, seniors and general audiences.

$322Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$509K · 97%
Program service revenue$15K · 3%
Contributions & grants97%$509K
Program service revenue3%$15K
Investment income$43
— government grantsLn 1e$223K
Total revenueLn 12$525K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.19 Fundraising $0.15
Program services66%$322K
Management & general19%$91K
Fundraising15%$74K
Total functional expensesLn 25$488K

Balance Sheet

Part X · end of year
CashLn 1$183K
Total assetsLn 16$260K
Total liabilitiesLn 26$112K
Total net assetsLn 32$148K
Months of cash on handcomputed4.5

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $183K · Operating expenses/yr $488K
4.5 months
Where the money goes
Program services
Program services $322K · Total expenses $488K
66%
Management & General
Management & general $91K · Total expenses $488K
19%
Fundraising
Fundraising $74K · Total expenses $488K
15%
Cost to raise $1
Fundraising expense (3-yr avg) $60K · Solicited contributions (3-yr avg) $204K
$0.30 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $509K · Total revenue $525K
97%
Government reliance
Government grants $223K · Total revenue $525K
43%
Earned-income share
Program service revenue $15K · Total revenue $525K
3%
Investment reliance
Investment income $43 · Total revenue $525K
<0.01%
Program self-sufficiency
Program service revenue $15K · Total expenses $488K
3%
Growth & trend
Revenue growth (YoY)
This year $525K · Prior year $358K
+47%
Net-asset trend (YoY)
End of year $148K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $525K · Expenses $488K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $260K
Net-asset ratio
Net assets $148K · Total assets $260K
57%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $260K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Eli Yamin · Reported title Managing & Artistic Director · Highest reported compensation $61K · Total expenses $488K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $236K · Total expenses $488K
48%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 66%
Overhead ratio 19%
Fundraising cost ratio 15%
Revenue growth 47%
Legal fee ratio 0.1%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$15K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$834K revenue · ⤓ 990 PDF
FY2023$525K revenue · viewing · ⤓ 990 PDF
FY2022$358K revenue · ⤓ 990 PDF
FY2021$305K revenue · ⤓ 990 PDF
FY2020$299K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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