Milwaukee Jazz Festival is located in Sussex, WI. The organization was established in 2018. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Milwaukee 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 12/2022, Milwaukee Jazz Festival generated $135.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 28.2% each year . All expenses for the organization totaled $196.8k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $135,028 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $135,028 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $45,667 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $18,957 |
Taxes | $3,968 |
Depreciation | $0 |
Occupancy | $6,190 |
Travel, conferences, and meetings | $3,541 |
Printing and publications | $0 |
Other expenses | $107,454 |
Total operating and administrative expenses | $187,758 |
Contributions, gifts, grants paid | $9,000 |
Total expenses and disbursements | $196,758 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $57,696 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $57,696 |
Accounts payable and accrued expenses | $0 |
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 | $299,037 |
Total liabilities | $299,037 |
Over the last fiscal year, Milwaukee Jazz Festival has awarded $9,000 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
THE BETTER PROJECT AWARENESS INC PURPOSE: GENERAL | $1,000 |
THE LEAGUE OF MARTIN PURPOSE: GENERAL | $500 |
THE BUSINESS COUNCIL INC PURPOSE: GENERAL | $2,500 |
CRISTO REY JESUIT HIGH SCHOOL PURPOSE: GENERAL | $2,500 |
BAY VIEW HIGH SCHOOL PURPOSE: GENERAL | $2,500 |