Bragg Jam Inc
- Assets
- $150.9k
- Revenue
- $24.7k
- Investments
- $82.2k
- Employees
- 0
- Location
- Macon, GA
- Founding
- 05/2008
- Data as of
- 12/2021
- EIN
- 11-3749741
Organization Overview
Bragg Jam Inc is located in Macon, GA. The organization was established in 2008. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bragg Jam Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Bragg Jam Inc generated $24.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $22.5k during the year ending 12/2021. While expenses have increased by 6.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PURPOSE IS TO BRING MACON RESIDENTS TOGETHER TO CELEBRATE AND LEARN ABOUT MUSICAL AND ART HERITAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRAGG JAM, INC. PRODUCES SEVERAL MIDDLE GEORGIA COMMUNITY EVENTS, INCLUDING THE ANNUAL CONCERT CRAWL AS WELL AS SEVERAL FREE EVENTS AS FUNDING ALLOWS. THESE INCLUDE THE SECOND SUNDAY CONCERT SERIES (APRIL THROUGH OCTOBER) AND THE BRAGG FAM ARTS AND KIDS FEST. WITH OVER 6,000 PEOPLE IN OUR AUDIENCE, BRAGG JAM STRIVES TO BRING THE BEST COMMUNITY AND ENTERTAINMENT EVENTS TO MIDDLE GEORGIA, WHILE SUPPORTING LOCAL CAUSES LIKE THE OCMULGEE HERITAGE TRAIL AND AMERSON RIVER PARK. OUR SPONSORS AND SUPPORTERS ENABLE US TO KEEP COSTS FOR THESE EVENTS FREE OR LOW, ALLOWING DIVERSE SEGMENTS OF OUR POPULATION, AS WELL AS VISITORS FROM OUT OF TOWN, TO PARTICIPATE AND ENJOY EVERYTHING WE WORK SO HARD TO CREATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kaitlynn Kressin Vice Preside | OfficerTrustee | 2 | $0 |
Jr Olive President | OfficerTrustee | 2 | $0 |
Benjamin Potter Treasurer | OfficerTrustee | 2 | $0 |
Olivia Walter Secretary | OfficerTrustee | 2 | $0 |
Jave Borkman Director | Trustee | 1 | $0 |
Taylor Braun Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,714 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,714 |
| Total Program Service Revenue | $0 |
| Investment income | $2,636 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,080 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,244 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,674 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,221 |
| Fees for services: Other | $12,006 |
| Advertising and promotion | $0 |
| Office expenses | $122 |
| Information technology | $425 |
| Royalties | $0 |
| Occupancy | $1,092 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $124 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $395 |
| All other expenses | $0 |
| Total functional expenses | $22,523 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,693 |
| Savings and temporary cash investments | $54,446 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $572 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $82,157 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $150,868 |
| Accounts payable and accrued expenses | $1,789 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,789 |
| Net assets without donor restrictions | $149,079 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $150,868 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bragg Jam Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
John S And James L Knight Foundation Inc Miami, FL PURPOSE: TO AID BRAGG JAM'S TRANSITION FROM A VOLUNTEER-LED ORGANIZATION TO ONE RUN BY PROFESSIONAL STAFF THROUGH A MULTI-YEAR GRANT TO FOSTER THE ARTS IN OUR RESIDENT CITIES. | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shearim Corp Miami, FL | $110,292 | $3,846,481 |
Nashville International Center For Empowerment Nashville, TN | $897,200 | $2,966,739 |
New Era Culture & Education Center Inc Miramar, FL | $789,322 | $2,032,523 |
Latino Leadership Inc Orlando, FL | $711,924 | $1,637,613 |
Afro-American Cultural Center Inc Charlotte, NC | $10,610,750 | $1,926,817 |
Souls Grown Deep Community Partnership Inc Atlanta, GA | $880,696 | $744,221 |
National Black Arts Festival Inc Atlanta, GA | $1,026,989 | $1,260,210 |
Our Pride Encompasses Nashville Nashville, TN | $362,350 | $788,648 |
Grandfather Mountain Highland Games Inc Linville, NC | $1,465,874 | $680,142 |
Florida Education Association Altamonte Springs, FL | $560,283 | $488,881 |
Hola Community Arts Asheville, NC | $765,095 | $804,752 |
Saurashtra Patel Cultural Samaj Morrisville, NC | $2,068,282 | $527,959 |