Is Jazz At Lincoln Center Inc Legit?

Quick charity verification for Jazz At Lincoln Center Inc (EIN: 133888641)

Verdict: Jazz At Lincoln Center Inc appears trustworthy

75/100Mission Score

$59.0MRevenue

$237.7MAssets

2Red Flags

3Strengths

Red Flags

Inconsistent operational financial performance with recurring deficits (e.g., 2023, 2020, 2018, 2017, 2016)
Unexplained 'Officer Comp=0%' across all filings for a large organization, requiring further investigation into executive compensation practices.

Strengths

Strong and consistent asset base (over $220 million) providing financial stability and resilience.
Significant revenue generation capacity, with latest revenue at $58,952,742 and historical highs near $80 million.
Relatively stable and manageable liabilities in proportion to assets.

Spending Breakdown

How Jazz At Lincoln Center Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Jazz At Lincoln Center Inc

Is Jazz At Lincoln Center Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Jazz At Lincoln Center Inc (EIN: 133888641) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Jazz At Lincoln Center Inc a good charity to donate to?

Jazz At Lincoln Center Inc has a Mission Score of 75/100. Revenue: $59.0M. Assets: $237.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Jazz At Lincoln Center Inc?

The Employer Identification Number (EIN) for Jazz At Lincoln Center Inc is 133888641. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Jazz At Lincoln Center Inc spend its money?

Jazz At Lincoln Center Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Jazz At Lincoln Center Inc's tax-exempt status?

You can verify Jazz At Lincoln Center Inc's tax-exempt status using EIN 133888641 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Jazz At Lincoln Center Inc. demonstrates a fluctuating financial performance over the past decade, with revenues and expenses showing significant year-to-year variations. For instance, in fiscal year 2023, the organization reported revenues of $34,594,092 against expenses of $44,996,751, indicating a deficit. This contrasts sharply with fiscal year 2021, where revenues of $54,281,975 significantly outpaced expenses of $31,062,735. The organization maintains substantial assets, consistently above $220 million, with the latest reported at $241,998,437, suggesting a strong underlying financial base despite operational fluctuations. Liabilities have remained relatively stable and manageable in proportion to assets.

While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the consistent reporting of 'Officer Comp=0%' across all filings is a notable aspect of its transparency. This indicates that no compensation was reported for officers, directors, trustees, or key employees on Part VII, Section A of the Form 990, which could imply either a volunteer leadership structure or that compensation is reported differently or below the threshold for this section. Further investigation would be needed to fully understand executive compensation practices.

Overall, the organization appears to be financially stable due to its significant asset base, but its operational efficiency in terms of revenue generation versus expenses has been inconsistent. The lack of reported officer compensation on Part VII, Section A of the 990s is a unique characteristic that warrants deeper scrutiny for a complete transparency assessment.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.