Charleston Jazz EIN 83-0504523

Charleston Jazz

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Promotes jazz through performances, education, and outreach, preserving Charleston's history. For fiscal year 2024 it reported $1.4M in revenue, $1.3M in expenses, and $457K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
N Charleston, SC
Website
charlestonjazz.com
Filings
5 on file (2020–2024)
Revenue
$1.4MFY2024
Expenses
$1.3M
Net assets
$457K
People
20
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-0504523 Public charity (501(c)(3)) N Charleston, SC
Form 990 (PDF)
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Size
$1–10M
What they do
Promotes jazz through performances, education, and outreach, preserving Charleston's history.
Leadership
Tatjana Beylotte · Executive Director · $95K
Money in and out
$1.4M revenue, $1.3M expenses
Bottom line
84% program efficiency
Where the money goes · FY2024
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$457K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $66K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.11 Fundraising $0.06
Program efficiency
84%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
4.1mo
months of highly liquid reserves at operating expense rate▲ +71% vs prior filing year
Surplus margin
+5%
revenue over expenses, this year▲ +336% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.4M
FY2024▲ +2%
Expenses
$1.3M
FY2024▼ -4%
Total assets
$765K
FY2024▲ +48%
Total liabilities
$308K
FY2024▲ +146%
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$457K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$66K
Total assetsPt X · Ln 16$765K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416
Mission & Programs · Part III

Where the work happens

3 program services account for $1.1M of program spending, described in the organization's own filed words · FY2024.
01

Charleston Jazz Orchestra Led by Music Director Robert Lewis, the Charleston Jazz Orchestra is an accomplished ensemble of 18 accomplished jazz musicians, joined each season by renowned guest artists.

$485Kprogram expense
02

The Charleston Jazz AcademyThe Academy brings together students of all backgrounds and ages in a collaborative, fun, and challenging environment to expand their repertoire and nurture the skills of music and improvisation while emphasizing the importance of teamwork, creativity, and self-expression.The purpose of the Charleston Jazz…

$455Kprogram expense
03

The 8th Charleston Jazz Festival The Festival was held on April 18-21, 2024. The event drew music-lovers from around the globe to Charleston, SC for a four-day celebration of jazz.

$180Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCharleston Jazz
EINHdr · item D83-0504523
Principal addressHdr · item CN Charleston, SC
WebsiteHdr · item Jcharlestonjazz.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A68)
Ruling yearIRS BMFMar 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b16
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
Executive Director
$94,953Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Tatjana Beylotte’s $95K as Executive Director is at the 29th percentile of top reported officer pay among 3916 $1–10M 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Tatjana Beylotte$103,372$101,068$109,385$82,192
Tatjana Beylotte$94,953

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$937K · 67%
Program service revenue$443K · 32%
Investment income$17K · 1%
Other revenue$8K · 1%
Contributions & grants67%$937K
Program service revenue32%$443K
Investment income1%$17K
Other revenue1%$8K
— government grantsLn 1e$195K
Total revenueLn 12$1.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.11 Fundraising $0.06
Program services84%$1.1M
Management & general11%$144K
Fundraising6%$75K
Total functional expensesLn 25$1.3M

Balance Sheet

Part X · end of year
CashLn 1$251K
Total assetsLn 16$765K
Total liabilitiesLn 26$308K
Total net assetsLn 32$457K
Months of cash on handcomputed2.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $455K · Operating expenses/yr $1.3M
4.1 months
Where the money goes
Program services
Program services $1.1M · Total expenses $1.3M
84%
Management & General
Management & general $144K · Total expenses $1.3M
11%
Fundraising
Fundraising $75K · Total expenses $1.3M
6%
Cost to raise $1
Fundraising expense (3-yr avg) $63K · Solicited contributions (3-yr avg) $675K
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $937K · Total revenue $1.4M
67%
Government reliance
Government grants $195K · Total revenue $1.4M
14%
Earned-income share
Program service revenue $443K · Total revenue $1.4M
32%
Investment reliance
Investment income $17K · Total revenue $1.4M
+1%
Program self-sufficiency
Program service revenue $443K · Total expenses $1.3M
33%
Growth & trend
Revenue growth (YoY)
This year $1.4M · Prior year $1.4M
+2%
Revenue CAGR
FY2020 $856K · FY2024 $1.4M
+13%
Net-asset trend (YoY)
End of year $457K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.4M · Expenses $1.3M
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $765K
Net-asset ratio
Net assets $457K · Total assets $765K
60%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $204K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $765K
27%
People & payroll
Highest Reported Total Compensation
Individual Tatjana Beylotte · Reported title Executive Director · Highest reported compensation $95K · Total expenses $1.3M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $424K · Total expenses $1.3M
32%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 11%
Fundraising cost ratio 8%
Revenue growth 2%
Accounting fee ratio 4%

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 · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$100K
Grants paid · 4 grants · $273K · 2021–2024
Unitemized GrantFY2024$71,000
Unitemized GrantFY2023$86,000
Unitemized GrantFY2022$56,304
Unitemized GrantFY2021$59,400

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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 (Latest)$1.4M revenue · viewing · ⤓ 990 PDF
FY2023$1.4M revenue · ⤓ 990 PDF
FY2022$1.1M revenue · ⤓ 990 PDF
FY2021$1.0M revenue · ⤓ 990 PDF
FY2020$856K 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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