Jazz Club Of Sarasota Inc
- Assets
- $109.4k
- Revenue
- $407.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Sarasota, FL
- Founding
- 04/1981
- Data as of
- 08/2022
- EIN
- 59-1997114
Organization Overview
Jazz Club Of Sarasota Inc is located in Sarasota, FL. The organization was established in 1981. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, 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. Jazz Club Of Sarasota 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 08/2022, Jazz Club Of Sarasota Inc generated $407.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $515.0k during the year ending 08/2022. 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 JAZZ MUSIC AS AN ART FORM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDED SCHOLARSHIPS TO COLLEGE STUDENTS WHO ARE STUDYING JAZZ MUSIC WITH AN INTENT TO BECOME A PROFESSIONAL MUSICIAN.
PROVIDED VARIOUS JAZZ PERFORMANCES IN SARASOTA COUNTY, FLORIDA AS AN OUTREACH TO ITS CITIZENS AND TOURISTS. SEVERAL DIFFERENT STYLES OF JAZZ MUSIC WAS PROVIDED AT VARIOUS VENUES TO MAXIMIZE THE CLUB'S EXPOSURE AND INCREASE AWARENESS OF JAZZ MUSIC AS AN AMERICAN ART FORM.
THE JAZZ CLUB ORGANIZES AND CONDUCTS JAZZ JAM SESSIONS EVERY TWO WEEKS AT THE SARASOTA PUBLIC LIBRARY. THE JAZZ JAMMS ARE FREE AND ARE OPEN TO ANYONE WHO WANTS TO PLAY JAZZ. WE REGULARLY HAVE 75+ ATTENDEES AND 70+ MUSICIANS. LOCAL PROFESSIONAL JAZZ MUSICIANS SOMETIMES ATTEND AND GIVE TIPS AND INFORMATION TO THE ASPIRING JAZZ MUSICIANS. THIS IS A VERY SUCCESSFUL COMMUNITY DRIVEN PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert S Walker President | OfficerTrustee | 20 | $0 |
George Mclain Vice President | OfficerTrustee | 10 | $0 |
Prince Knight Vice President | OfficerTrustee | 10 | $0 |
David Murphy Treasurer | OfficerTrustee | 6 | $0 |
Judy Jones Secretary | Trustee | 6 | $0 |
Peter Anderson Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $151,679 |
| Investment income | -$3,427 |
| 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 | $407,066 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $20,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $29,120 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,106 |
| Fees for services: Management | $4,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,595 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $43,366 |
| Office expenses | $23,767 |
| Information technology | $1,763 |
| Royalties | $0 |
| Occupancy | $83,150 |
| Travel | $26,863 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $74 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,608 |
| All other expenses | $0 |
| Total functional expenses | $514,962 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,019 |
| Savings and temporary cash investments | $0 |
| 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 | $17,348 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $109,367 |
| Accounts payable and accrued expenses | $2,675 |
| Grants payable | $0 |
| Deferred revenue | $66,932 |
| 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 | $69,607 |
| Net assets without donor restrictions | $39,760 |
| 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 |
| Total liabilities and net assets/fund balances | $39,760 |
Grants Awarded
Over the last fiscal year, Jazz Club Of Sarasota Inc has awarded $30,250 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WEST COAST BLACK THEATRE PURPOSE: Arts | $24,250 |
LOCAL HIGH SCHOOL PURPOSE: Arts | $6,000 |