Dc Jazz Festival
- Assets
- $509.6k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 7
- Location
- Washington, DC
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 20-1799842
Organization Overview
Dc Jazz Festival is located in Washington, DC. The organization was established in 2006. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, DC Jazz Festival employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. DC Jazz Festival 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, DC Jazz Festival generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 2.4% 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 MISSION OF THE DC JAZZ FESTIVAL IS TO PRESENT INTERNATIONALLY WORLD- RENOWNED AND EMERGING ARTISTS IN CELEBRATION OF JAZZ; UNIFY DIVERSE COMMUNITIES AND ENABLE CONNECTIONS BETWEEN ARTISTS AND AUDIENCE YEAR-ROUND; ADVANCE JAZZ AND MUSIC EDUCATION BY PROVIDING EXCITING, ADVENTUROUS AND DIVERSE MUSIC EXPERIENCES FOR AUDIENCES OF ALL AGES AND BACKGROUNDS IN GREATER DC AS WELL AS OUT-OF-TOWN VISITORS; PROVIDE PERFORMANCE OPPORTUNITIES FOR DC-BASED JAZZ MUSICIANS; AND HIGHLIGHT DC AS A MAJOR AND VIBRANT CENTER FOR JAZZ; AND AS A PREMIER CULTURAL DESTINATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELD EXEMPT PURPOSE CULTURAL AND EDUCATIONAL PROGRAMS AND ACTIVITIES IN WASHINGTON DC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sunny Sumter President | OfficerTrustee | 40 | $122,728 |
Peter M Gillon Vice Chair | OfficerTrustee | 1 | $0 |
Conrad D Kenley Chairman | OfficerTrustee | 1 | $0 |
Harriet Sanford Secretary | OfficerTrustee | 1 | $0 |
Roger Schagrin Treasurer | OfficerTrustee | 1 | $0 |
Ronald D Abramson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,214,306 |
| All other contributions, gifts, grants, and similar amounts not included above | $144,226 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,358,532 |
| Total Program Service Revenue | $107,457 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,492,287 |
| 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. | $122,727 |
| Compensation of current officers, directors, key employees. | $35,806 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $245,608 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $52,837 |
| Payroll taxes | $35,311 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,000 |
| Fees for services: Accounting | $34,984 |
| Fees for services: Lobbying | $5,455 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,370 |
| Advertising and promotion | $100 |
| Office expenses | $45,855 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,779 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,780 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,361 |
| Insurance | $11,061 |
| All other expenses | $0 |
| Total functional expenses | $1,483,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $269,704 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $234,026 |
| 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 | $3,559 |
| Net Land, buildings, and equipment | $2,333 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $509,622 |
| Accounts payable and accrued expenses | $35,727 |
| 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 | $35,727 |
| Net assets without donor restrictions | $329,669 |
| Net assets with donor restrictions | $144,226 |
| 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 | $509,622 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Dc Jazz Festival has recieved totaling $354,024.
| Awarding Organization | Amount |
|---|---|
Doris Duke Charitable Foundation Inc New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |
Galena-Yorktown Foundation Washington, DC PURPOSE: UNRESTRICTED FUNDS | $55,000 |
Morris And Gwendolyn Cafritz Foundation Washington, DC PURPOSE: ARTS & HUMANITIES | $52,500 |
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $25,000 |
Venable Baetjer And Howard Foundation Baltimore, MD PURPOSE: DC JAZZ FESTIVAL 2021-2022 EDUCATION PROGRAM | $10,000 |
Dallas Morse Coors Foundation For The Performing Arts Tr Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Capital Concerts Inc Washington, DC | $5,908,234 | $11,646,682 |
Herbie Hancock Institute Of Jazz Washington, DC | $2,606,776 | $2,382,953 |
Opera Lafayette Washington, DC | $934,993 | $1,317,563 |
Dc Jazz Festival Washington, DC | $509,622 | $1,492,287 |
National Association Of Securities Professionals Washington, DC | $381,412 | $1,369,032 |
Garth Newel Music Center Foundation Corp Warm Springs, VA | $11,030,155 | $3,286,449 |
Alliance For Middle East Peace Inc Washington, DC | $1,104,153 | $1,242,168 |
Washington Bach Consort Washington, DC | $1,833,165 | $1,410,889 |
Virginia Musical Theatre Inc Virginia Beach, VA | $428,462 | $648,568 |
Williamsburg Music Association Williamsburg, VA | $1,263,975 | $1,022,675 |
Prince Georges Cultural Arts Foundation Mitchellville, MD | $187,525 | $778,067 |
Jazz Legacy Foundation Incorporated Portsmouth, VA | $138,246 | $665,223 |