Jazz At Aspen-Snowmass
- Assets
- $5.3m
- Revenue
- $11.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Aspen, CO
- Founding
- 03/1993
- Data as of
- 09/2021
- EIN
- 84-1220222
Organization Overview
Jazz At Aspen-Snowmass is located in Aspen, CO. The organization was established in 1993. 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. Jazz At Aspen-Snowmass 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 09/2021, Jazz At Aspen-Snowmass generated $11.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $9.5m during the year ending 09/2021. While expenses have increased by 4.5% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF JAZZ ASPEN SNOWMASS IS TO PRESENT AND PRESERVE JAZZ AND RELATED FORMS OF MUSIC THROUGH WORLD-CLASS FESTIVALS, PERFORMANCES AND EDUCATION PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FESTIVALS AND PERFORMANCES INCLUDE THE JAS CAFE SERIES, JUNE EXPERIENCE AND LABOR DAY EXPERIENCE. DUE TO COVID RESTRICTIONS, JAS DIDN'T HOLD ANY WINTER CAFE PERFORMANCES IN 2021 BUT CAME BACK STRONG THAT SUMMER WITH A FULL LINE-UP OF 16 CAFE SHOWS, THE JUNE EXPERIENCE FEATURING 18 JAZZ ARTISTS OVER A 3-DAY FESTIVAL, AND THE LABOR DAY EXPERIENCE, JAS' LARGEST FESTIVAL, WITH NEARLY 25K IN ATTENDANCE OVER THE 3-DAY WEEKEND. THE JAS CAFE AND JUNE EXP TAKE PLACE IN SMALL VENUES IN DOWNTOWN ASPEN HIGHLIGHTING JAZZ & RELATED FORMS OF MUSIC WHILE FEATURING ARTISTS FROM ACROSS THE GLOBE. ALONG WITH PERFORMANCES, THE CAFES OFFER MUSIC EDUCATION OPPORTUNITIES THROUGH LISTEN UP! PRE-SHOW DISCUSSIONS WHERE ARTISTS ARE INTERVIEWED ABOUT THEIR MUSICAL BACKGROUNDS AND EXPERIENCES.
THE JAS ACADEMY EXPANDED IN 2021 TO INCLUDE TWO 2-WEEK SUMMER SESSIONS VS. THE ONE SESSION THAT HAD BEEN DONE IN PREVIOUS YEARS. WITH THE ADDITION JAS WELCOMED 44 STUDENTS FROM SOME OF THE TOP MUSIC SCHOOLS ACROSS THE COUNTRY TO WORK WITH FACULTY FROM THE FROST SCHOOL OF MUSIC AT THE UNIVERSITY OF MIAMI, AS WELL AS VISITING PROFESSIONAL JAZZ MUSICIANS. THE ACADEMY IS A FULL SCHOLARSHIP PROGRAM SUPPORTED ANNUALLY BY A MULTI-YEAR GIFT FROM ED AND SASHA BASS.
LOCAL EDUCATION INITIATIVES PROVIDED OVER $150,000 IN SUPPORT TO LOCAL PUBLIC MIDDLE AND HIGH SCHOOLS, REACHING 13 SCHOOLS AND OVER 1,300 STUDENTS. THESE DONATIONS INCLUDED OVER 500 HOURS OF IN-CLASSROOM ASSISTANCE PROVIDED BY PROFESSIONAL MUSICIANS; PRIVATE MUSIC LESSON FUNDING; MULTIPLE INSTRUMENT DONATIONS TO BOTH SCHOOLS AS WELL AS TO INDIVIDUAL STUDENTS IN NEED OF THE FINANCIAL CONTRIBUTION; SCHOLARSHIP FUNDS FOR GRADUATING SENIORS AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Horowitz President & CEO | OfficerTrustee | 40 | $0 |
Joseph L Sherman Director | OfficerTrustee | 1 | $0 |
Donna Di Ianni National Council Chair | OfficerTrustee | 1 | $0 |
Richard Goodman Co-Vice Chair | OfficerTrustee | 1 | $0 |
James Jackoway Programming Chair | OfficerTrustee | 1 | $0 |
Robert Mann Finance Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Steerpike Productions Artist Performance | 12/30/19 | $1,010,000 |
Rodemod Inc Artist Performance | 12/30/19 | $1,000,000 |
Portugal The Man Artist Performance | 12/30/19 | $225,000 |
Weezer Touring Artist Performance | 12/30/19 | $400,000 |
Aspen Art Museum Event Space | 12/30/19 | $205,508 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $139,797 |
| Related organizations | $0 |
| Government grants | $58,792 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,521,859 |
| Noncash contributions included in lines 1a–1f | $169,592 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,720,448 |
| Total Program Service Revenue | $3,502,779 |
| Investment income | $927 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $15,842 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,239,996 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $533,602 |
| Grants and other assistance to Foreign Orgs/Individuals | $73,578 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $591,786 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $80,300 |
| Payroll taxes | $70,910 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $811 |
| Fees for services: Accounting | $16,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $72,747 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,274 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,107 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $62,621 |
| Insurance | $48,493 |
| All other expenses | $14,077 |
| Total functional expenses | $9,472,267 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,506,778 |
| Savings and temporary cash investments | $1,032,956 |
| Pledges and grants receivable | $1,080,000 |
| Accounts receivable, net | $178,987 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $22,734 |
| Prepaid expenses and deferred charges | $39,439 |
| Net Land, buildings, and equipment | $209,948 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $254,596 |
| Total assets | $5,325,438 |
| Accounts payable and accrued expenses | $868,946 |
| Grants payable | $0 |
| Deferred revenue | $26,200 |
| 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 | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,045,146 |
| Net assets without donor restrictions | $2,606,455 |
| Net assets with donor restrictions | $1,673,837 |
| 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 | $5,325,438 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jazz At Aspen-Snowmass has recieved totaling $5,500.
| Awarding Organization | Amount |
|---|---|
Altman Family Foundation Aspen, CO PURPOSE: GENERAL SUPPORT | $5,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz At Aspen-Snowmass Aspen, CO | $5,325,438 | $11,239,996 |
Grand Teton Music Festival Inc Jackson, WY | $21,966,338 | $8,778,128 |
Colorado Music Festival Boulder, CO | $2,219,616 | $3,012,496 |
Amp The Cause Denver, CO | $134,793 | $2,222,228 |
Strings Music Festival Steamboat Springs, CO | $9,630,765 | $2,301,723 |
Swallow Hill Music Association Denver, CO | $6,215,784 | $6,402,960 |
Youth On Record Denver, CO | $1,879,684 | $1,486,408 |
Yfc Inc Omaha, NE | $650,534 | $1,235,325 |
Parlando Incorporated Boulder, CO | $1,273,068 | $2,033,961 |
Santa Fe Concert Association Santa Fe, NM | $379,174 | $1,132,324 |
Piano Technicians Guild Incorporated Kansas City, KS | $3,439,012 | $1,235,937 |
The Vail Jazz Foundation Inc Vail, CO | $1,001,642 | $1,276,123 |