Afro-Latin Jazz Alliance Of New York Inc is located in New York, NY. The organization was established in 2012. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Afro-Latin Jazz Alliance Of New York Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Afro-Latin Jazz Alliance Of New York 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 06/2022, Afro-Latin Jazz Alliance Of New York Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 55.9% each year . All expenses for the organization totaled $2.0m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE THE MUSIC AND HERITAGE OF BIG BAND LATIN JAZZ.
Describe the Organization's Program Activity:
Part 3 - Line 4a
-EDUCATION TEACHING YOUNG MUSICIANS THE PRINCIPLES OF MUSIC AND THE SIGNIFICANCE OF CULTURE IN A SETTING OF MUTUAL RESPECT AND UNDERSTANDING.-PERFORMANCES BRINGING LATIN JAZZ TO VARIOUS SITES IN NEW YORK AND AROUND THE COUNTRY BY PROVIDING A SERIES OF CONCERTS AND PERFORMANCES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eduardo Castell Chairman | OfficerTrustee | 3 | $0 |
M Carlota Perez-Applebaum Vice-Chair | OfficerTrustee | 3 | $0 |
Michelle Gee Treasurer | OfficerTrustee | 1 | $0 |
Arturo O'farrill Director | Trustee | 40 | $60,000 |
Claude Salzberger Director | Trustee | 1 | $0 |
Erroll Louis Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $338,170 |
All other contributions, gifts, grants, and similar amounts not included above | $1,402,119 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,740,289 |
Total Program Service Revenue | $401,183 |
Investment income | $231 |
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 | $2,141,703 |
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. | $143,999 |
Compensation of current officers, directors, key employees. | $43,826 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $483,350 |
Pension plan accruals and contributions | $3,254 |
Other employee benefits | $35,938 |
Payroll taxes | $78,021 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $15,831 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $314,209 |
Advertising and promotion | $7,531 |
Office expenses | $75,693 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,150 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $13,184 |
Total functional expenses | $1,953,085 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $852,805 |
Savings and temporary cash investments | $210,085 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,062,890 |
Accounts payable and accrued expenses | $90 |
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 | $90 |
Net assets without donor restrictions | $987,800 |
Net assets with donor restrictions | $75,000 |
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 | $1,062,890 |