George H Buck Jr Jazzology Foundation Inc is located in Columbus, GA. The organization was established in 1985. 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 12/2021, George H Buck Jr Jazzology Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George H Buck Jr Jazzology Foundation 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, George H Buck Jr Jazzology Foundation Inc generated $533.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $224.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FOR THE SYSTEMATIC COLLECTION, EXHANGE AND DISTRIBUTION OF TRADITIONAL JAZZ RECORDINGS AND RELATED LITERATURE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lars Edegran Exec Dir/vp/sec | 40 | $65,823 | |
Nina Buck President | 20 | $12,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $19,390 |
Interest on Savings | $128 |
Dividends & Interest | $138,467 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $10,233 |
Capital Gain Net Income | $10,233 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $132,994 |
Other Income | $232,440 |
Total Revenue | $533,652 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $77,823 |
Other employee salaries and wages | $56,233 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $9,838 |
Depreciation | $15,897 |
Occupancy | $9,263 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $27,955 |
Total operating and administrative expenses | $224,641 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $224,641 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $66,029 |
Savings and temporary cash investments | $403,654 |
Net Accounts receivable | $74,278 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $885,969 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $1,442,799 |
Net Land, buildings, and equipment | $256,931 |
Other assets | $1,000 |
Total assets | $4,320,599 |
Accounts payable and accrued expenses | $1,872 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,872 |
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George H Buck Jr Jazzology Foundation Inc Columbus, GA | $4,320,599 | $533,652 |