Dc Jazz Festival
- Assets
- $664.3k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 6
- Location
- Washington, DC
- Founding
- 03/2006
- Data as of
- 12/2023
- 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 12/2023, DC Jazz Festival employed 6 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 12/2023, DC Jazz Festival generated $2.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. While expenses have increased by 6.2% per year over the past 9 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
2023
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 Ceo/presiden | OfficerTrustee | 40 | $169,358 |
Ronald D Abramson Director | Trustee | 1 | $0 |
Claude E Bailey Founding Cha | Trustee | 1 | $0 |
Ron Carter Director | Trustee | 1 | $0 |
Felix Contreras Director | Trustee | 1 | $0 |
Jennifer Currie Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,205,380 |
| All other contributions, gifts, grants, and similar amounts not included above | $183,024 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,388,404 |
| Total Program Service Revenue | $713,711 |
| 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 | $2,154,998 |
| 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. | $169,358 |
| Compensation of current officers, directors, key employees. | $46,982 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $214,962 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $65,725 |
| Payroll taxes | $32,364 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $53,669 |
| Fees for services: Lobbying | $4,091 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $106,030 |
| Advertising and promotion | $0 |
| Office expenses | $47,951 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,000 |
| Travel | $20,161 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,314 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,718 |
| Insurance | $11,841 |
| All other expenses | $2,731 |
| Total functional expenses | $2,153,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $273,063 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $344,824 |
| 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 | $0 |
| Net Land, buildings, and equipment | $8,283 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,109 |
| Total assets | $664,279 |
| Accounts payable and accrued expenses | $80,381 |
| 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 | $38,109 |
| Total liabilities | $118,490 |
| Net assets without donor restrictions | $362,765 |
| Net assets with donor restrictions | $183,024 |
| 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 | $664,279 |