Jazz Drama Program EIN 06-1722131

Jazz Drama Program FY2024 filing

EIN  06-1722131 Public charity (501(c)(3)) New York, NY Founded 2004
Form 990 (PDF)
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Size
$100K–1M
What they do
Transforms lives through jazz education and performances.
Leadership
Eli Yamin · Managing & Artistic Director · $70K
Money in and out
$834K revenue, $627K expenses
Bottom line
67% program efficiency

Transforms lives through jazz education and performances. For fiscal year 2024 it reported $834K in revenue, $627K in expenses, and $355K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$834K
Pt VIII · Ln 12
Total expenses
$627K
Pt IX · Ln 25
Net assets
$355K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $207K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.18 Fundraising $0.15
Program efficiency
67%
of spending reaches programs
Operating runway
5.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+25%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$834K
FY2024▲ +59%
Expenses
$627K
FY2024▲ +29%
Total assets
$467K
FY2024▲ +79%
Total liabilities
$111K
FY2024▼ -1%
Total revenue
$834K
Pt VIII · Ln 12
Total expenses
$627K
Pt IX · Ln 25
Net assets
$355K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$207K
Total assetsPt X · Ln 16$467K
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $419K of program spending, described in the organization's own filed words · FY2023.
01

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

$419Kprogram expense

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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 (FY2023); the FY2024 filing did not itemize Part VII
Managing & Artistic Director
$69,761Pt 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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Statement of Revenue

Part VIII
Contributions & grants$570K · 68%
Other revenue$173K · 21%
Program service revenue$91K · 11%
Contributions & grants68%$570K
Other revenue21%$173K
Program service revenue11%$91K
Investment income$790
— government grantsLn 1e$220K
Total revenueLn 12$834K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.18 Fundraising $0.15
Program services67%$419K
Management & general18%$114K
Fundraising15%$94K
Total functional expensesLn 25$627K

Balance Sheet

Part X · end of year
CashLn 1$303K
Total assetsLn 16$467K
Total liabilitiesLn 26$111K
Total net assetsLn 32$355K
Months of cash on handcomputed5.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $303K · Operating expenses/yr $627K
5.8 months
Where the money goes
Program services
Program services $419K · Total expenses $627K
67%
Management & General
Management & general $114K · Total expenses $627K
18%
Fundraising
Fundraising $94K · Total expenses $627K
15%
Cost to raise $1
Fundraising expense (3-yr avg) $74K · Solicited contributions (3-yr avg) $262K
$0.28 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $570K · Total revenue $834K
68%
Government reliance
Government grants $220K · Total revenue $834K
26%
Earned-income share
Program service revenue $91K · Total revenue $834K
11%
Investment reliance
Investment income $790 · Total revenue $834K
0%
Program self-sufficiency
Program service revenue $91K · Total expenses $627K
14%
Growth & trend
Revenue growth (YoY)
This year $834K · Prior year $525K
+59%
Revenue CAGR
FY2019 $299K · FY2023 $834K
+29%
Net-asset trend (YoY)
End of year $355K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $834K · Expenses $627K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $467K
Net-asset ratio
Net assets $355K · Total assets $467K
76%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $467K
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 $70K · Total expenses $627K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $257K · Total expenses $627K
41%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 18%
Fundraising cost ratio 17%
Revenue growth 59%
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 · viewing · ⤓ 990 PDF
FY2023$525K revenue · ⤓ 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) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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