Charitable and educational - provide charitable and educational programs to encourage, preserve and promote the appreciation and love of the art of Jazz

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Run by 3 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $96K a year · 10% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$925K
-23% vs prior year
Spent
$728K
To programs
100%
Net assets
$254K
By yearFY2019–FY2024
Revenue
$925K
FY2024▼ -23%
Tap a bar for its year
Revenue by fiscal year
FY2019$665K
FY2023$1.2M
FY2024$925K
Expenses
$728K
FY2024▼ -37%
Tap a bar for its year
Expenses by fiscal year
FY2019$616K
FY2023$1.2M
FY2024$728K
Net assets
$254K
FY2024▲ +342%
Tap a bar for its year
Net assets by fiscal year
FY2019−$76K
FY2023$57K
FY2024$254K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Exemption reinstated (2023-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Mar 2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $728K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Board Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Jerilyn Horne’s $47K as Treasurer is at the 41st percentile of top reported officer pay among 2216 $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 · 3 named individuals · Part VII

NameFY2023FY2019
Jerilyn Horne$47,000$28,000
Alvin Keels$19,300—
Alvin E Keels—$11,000

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.

See Jazz Legacy Foundation Incorporated executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promote jazz appreciation and love through charitable and educational programs.

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Provided by the organization

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1 program · $728K · in their own filed words · FY2024
01

Annually, the Jazz Legacy Foundation sponsors a series of jazz events and performances to foster public appreciation for the diversity of jazz music. These events provide opportunities for aspiring music students and novice jazz musicians to interact with and learn from internationally renowned jazz artists.

$728Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$10K
Grants paid · 3 grants · $6K · 2019–2019
Individual RecipientFY2019$2,000
Individual RecipientFY2019$2,000
Individual RecipientFY2019$2,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$925K
Ln 12
Gifts and grantsLn 1h$925K
Money outPt IX
$728K
Ln 25
Programscol B$728K
Owns and owesPt X
$254K
net assets · Ln 32
Cash and savingsLn 1–2$116K
Total assetsLn 16$254K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$925K
Total revenueLn 12$925K
Assets in detailPt X, end of year
CashLn 1$116K
Cash and savings togetherLn 1–2$116K
Other assetsLn 15$138K
Total assetsLn 16$254K
LiabilitiesLn 26$0
Net assetsLn 32$254K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$57K$116K
Total assetsLn 16$57K$254K
LiabilitiesLn 26$0$0
Net assetsLn 32$57K$254K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$55K$55K
Pay of current officers, directors and key staffLn 5$56K$56K
Accounting feesLn 11c$6K$6K
Other fees for servicesLn 11g$15K$15K
Advertising and promotionLn 12$10K$10K
Office expensesLn 13$2K$2K
Information technologyLn 14$90$90
TravelLn 17$26K$26K
Other expenses (24a–d)Ln 24$559K$559K
Total functional expensesLn 25$728K$728K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $925K$728K$197K$254K 990 PDF
FY2023 $1.2M$1.2M$42K$57K 990 PDF
FY2022 Not on file
FY2021 Not on file
FY2020 Not on file
FY2019 $665K$616K$49K−$76K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $925,304 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,201,704$925,304
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $1,201,704$925,304
I-13 Grants and similar amounts paidPrior year $3,173$55,220
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $66,300$56,000
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,090,304$617,032
I-18 Total expensesPrior year $1,159,777$728,252
I-19 Revenue less expensesPrior year $41,927$197,052
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $925,304 across 4 lines filed
VIII-1f All other contributions, gifts and grants$925,304
VIII-1h Total contributions, gifts and grants$925,304
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$925,304
Part IX · Statement of functional expenses $728,252 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $55,220$55,220
IX-5 Pay of current officers, directors and key staffPrograms $56,000$56,000
IX-11c Accounting feesPrograms $5,750$5,750
IX-11g Other fees for servicesPrograms $14,924$14,924
IX-12 Advertising and promotionPrograms $10,009$10,009
IX-13 Office expensesPrograms $1,588$1,588
IX-14 Information technologyPrograms $90$90
IX-17 TravelPrograms $25,872$25,872
IX-24 Other expenses (24a–d)Programs $558,799$558,799
IX-25 Total functional expensesPrograms $728,252 · Management $0 · Fundraising $0$728,252
Part X · Balance sheet $253,879 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $57,450$116,269
X-15 Other assets$137,610
X-16 Total assetsStart of year $57,450$253,879
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $57,450$253,879
X-33 Total liabilities and net assetsStart of year $57,450$253,879
Part XI · Reconciliation of net assets $253,879 net assets at year end
XI-1 Total revenue$925,304
XI-2 Total expenses$728,252
XI-3 Revenue less expenses$197,052
XI-4 Net assets at start of year$57,450
XI-8 Prior period adjustments−$623
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$253,879

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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