Sacramento Jazz Education Foundation
- Assets
- $1.7m
- Revenue
- $99.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Sacramento, CA
- Founding
- 03/1997
- Data as of
- 12/2021
- EIN
- 91-1776322
Organization Overview
Sacramento Jazz Education Foundation is located in Sacramento, CA. The organization was established in 1997. 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, Sacramento Jazz Education Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sacramento Jazz Education Foundation 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, Sacramento Jazz Education Foundation generated $99.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.0%) each year. All expenses for the organization totaled $140.5k during the year ending 12/2021. 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
TO PRESERVE AND PROMOTE TRADITIONAL JAZZ MUSIC PRIMARILY THROUGH ADULT AND YOUTH EDUCATION PROGRAMS AND SCHOLARSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021 THE ORGANIZATION FUNDED COMMUNITY OUTREACH ACTIVITIES, PROVIDED YOUNG LOCAL MUSICIANS WITH INSTRUMENTS THROUGH THE INSTRUMENT MATCH PROGRAM, AND ENCOURAGED PROMISING TRADITIONAL JAZZ MUSICIANS THROUGH SCHOLARSHIPS AND AWARDS.
TRADITIONAL JAZZ FESTIVAL - THE ONLY KNOWN SCHOLASTIC JAZZ FESTIVAL DEVOTED TO THE PERFORMANCE OF TRADITIONAL JAZZ. THE TJF IS CO-SPONSORED BY THE JAZZ STUDIES PROGRAM AT SACRAMENTO STATE UNIVERSITY. APPROXIMATELY 30 YOUTH BANDS FROM ELEMENTARY THROUGH COLLEGE ATTEND FROM MULTIPLE STATES FOR A FULL DAY OF JAZZ PERFORMANCE AND FEEDBACK. JAM SESSIONS AND SPECIAL CLINICS ARE INCLUDED IN THE DAY'S EVENTS AND IN THE EVENING INDIVIDUAL STUDENTS AND BANDS RECEIVE CASH SCHOLARSHIPS AND AWARDS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patti Jones Executive Director | OfficerTrustee | 14 | $14,400 |
William Au President | OfficerTrustee | 2 | $0 |
Jill Harper Vice President | OfficerTrustee | 2 | $0 |
Greg Sabin Secretary | OfficerTrustee | 2 | $0 |
Jack Cornelius Treasurer | OfficerTrustee | 2 | $0 |
Ron Jones Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $73,747 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,747 |
| Total Program Service Revenue | $4,025 |
| Investment income | $21,373 |
| 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 | $99,145 |
| 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. | $14,400 |
| Compensation of current officers, directors, key employees. | $1,440 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,600 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,740 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,056 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,660 |
| Fees for services: Other | $1,108 |
| Advertising and promotion | $2,737 |
| Office expenses | $4,357 |
| Information technology | $3,916 |
| Royalties | $0 |
| Occupancy | $14,468 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,230 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,819 |
| All other expenses | $12,829 |
| Total functional expenses | $140,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,102 |
| 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 | $3,148 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,651,018 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,699,268 |
| Accounts payable and accrued expenses | $3,032 |
| 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 | $3,032 |
| Net assets without donor restrictions | $1,212,188 |
| Net assets with donor restrictions | $484,048 |
| 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 | $1,699,268 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sacramento Jazz Education Foundation has recieved totaling $10,014.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $14 |
Endowment Analysis
| Beg. Balance | $531,132 |
| Earnings | $52,425 |
| Ending Balance | $583,557 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
La Jolla Music Society La Jolla, CA | $84,407,602 | $5,224,613 |
San Jose Jazz San Jose, CA | $2,593,807 | $3,379,944 |
Jazzbird Foundation Carefree, AZ | $371,107 | $1,611,890 |
Chamber Music Northwest Portland, OR | $8,037,265 | $1,659,889 |
Western International Band Clinic Springfield, OR | $7,625,863 | $1,846,381 |
Kuumbwa Jazz Society Santa Cruz, CA | $2,565,296 | $1,676,350 |
Trione Family Foundation Santa Rosa, CA | $6,746 | $1,100,846 |
Southern California School Band And Orchestra Association Vista, CA | $425,330 | $770,699 |
Arizona Friends Of Chamber Music Tucson, AZ | $1,259,691 | $434,592 |
Imago The Theatre Mask Ensemble Portland, OR | $818,955 | $560,947 |
Pacific Resident Theatre Ensemble Venice, CA | $434,690 | $650,253 |
Note-Able Music Therapy Services Reno, NV | $540,745 | $726,039 |