Durham Jazz Workshop
EIN: 454956498 · Durham, NC · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $628K |
| Total Expenses | $606K |
| Net Assets | $75K |
Is Durham Jazz Workshop Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Durham Jazz Workshop
Durham Jazz Workshop (EIN: 454956498) is a nonprofit organization based in Durham, NC, classified under NTEE code A68. The organization reported total revenue of $628K and total assets of $235K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Durham Jazz Workshop's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Durham Jazz Workshop is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 30.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $546K |
| Total Expenses | $606K |
| Surplus / Deficit | $-59,700 |
| Total Assets | $222K |
| Total Liabilities | $147K |
| Net Assets | $75K |
| Operating Margin | -10.9% |
| Debt-to-Asset Ratio | 66.2% |
| Months of Reserves | 4.4 months |
Financial Health Grade: C
In 2023, Durham Jazz Workshop reported a deficit of $60K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 66.2% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Durham Jazz Workshop's revenue has grown at a compound annual growth rate (CAGR) of 30.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.8% | +25.3% | -21.8% |
| 2022 | -16.6% | +52.8% | -22.8% |
| 2021 | +143.0% | +26.9% | +78.2% |
| 2020 | -47.8% | -33.3% | +90.7% |
| 2019 | +32.8% | +17.6% | +4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Durham Jazz Workshop has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Durham Jazz Workshop with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 66.2%.
Frequently Asked Questions about Durham Jazz Workshop
Is Durham Jazz Workshop a legitimate charity?
Durham Jazz Workshop (EIN: 454956498) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $628K. No red flags identified. Financial health grade: C.
How does Durham Jazz Workshop spend its money?
Durham Jazz Workshop reported $628K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Durham Jazz Workshop tax-deductible?
Durham Jazz Workshop is registered as a tax-exempt nonprofit (EIN: 454956498). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Durham Jazz Workshop located?
Durham Jazz Workshop is headquartered in Durham, North Carolina and files with the IRS under EIN 454956498. It is classified under NTEE code A68.
How many years of IRS 990 filings does Durham Jazz Workshop have?
Durham Jazz Workshop has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $628K in total revenue.
Filing History
IRS 990 filing history for Durham Jazz Workshop showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Durham Jazz Workshop's revenue has grown by 1769.7%, moving from $29K to $546K. Total assets increased by 726.4% over the same period, from $27K to $222K. Total functional expenses rose by 4643.1%, from $13K to $606K. In its most recent filing year (2023), Durham Jazz Workshop reported a deficit of $60K, with expenses exceeding revenue. The organization holds $147K in liabilities against $222K in assets (debt-to-asset ratio: 66.2%), resulting in net assets of $75K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $546K | $606K | $222K | $147K | — | — |
| 2022 | $399K | $483K | $284K | $153K | — | — |
| 2021 | $479K | $316K | $369K | $152K | — | View 990 |
| 2020 | $197K | $249K | $207K | $153K | — | View 990 |
| 2019 | $377K | $374K | $108K | $2K | — | View 990 |
| 2018 | $284K | $318K | $103K | $995 | — | View 990 |
| 2017 | $351K | $248K | $137K | $815 | — | View 990 |
| 2016 | $197K | $194K | $51K | $19K | — | View 990 |
| 2015 | $135K | $118K | $31K | $2K | — | View 990 |
| 2014 | $89K | $83K | $22K | $10K | — | View 990 |
| 2013 | $45K | $56K | $16K | $10K | — | View 990 |
| 2012 | $29K | $13K | $27K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $546K, expenses of $606K, and assets of $222K (revenue +36.8% year-over-year).
- 2022: Revenue of $399K, expenses of $483K, and assets of $284K (revenue -16.6% year-over-year).
- 2021: Revenue of $479K, expenses of $316K, and assets of $369K (revenue +143.0% year-over-year).
- 2020: Revenue of $197K, expenses of $249K, and assets of $207K (revenue -47.8% year-over-year).
- 2019: Revenue of $377K, expenses of $374K, and assets of $108K (revenue +32.8% year-over-year).
- 2018: Revenue of $284K, expenses of $318K, and assets of $103K (revenue -19.0% year-over-year).
- 2017: Revenue of $351K, expenses of $248K, and assets of $137K (revenue +77.9% year-over-year).
- 2016: Revenue of $197K, expenses of $194K, and assets of $51K (revenue +46.2% year-over-year).
- 2015: Revenue of $135K, expenses of $118K, and assets of $31K (revenue +51.9% year-over-year).
- 2014: Revenue of $89K, expenses of $83K, and assets of $22K (revenue +98.2% year-over-year).
- 2013: Revenue of $45K, expenses of $56K, and assets of $16K (revenue +53.5% year-over-year).
- 2012: Revenue of $29K, expenses of $13K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Durham Jazz Workshop:
Data Sources and Methodology
This transparency report for Durham Jazz Workshop is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.