Jazz At Lincoln Center Inc
Jazz At Lincoln Center Inc. shows fluctuating operational deficits and surpluses, supported by substantial assets, with no officer compensation reported on Part VII, Section A of its 990s.
EIN: 133888641 · New York, NY · NTEE: A680 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $59.0M |
| Total Expenses | $45.0M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $40 |
| Net Assets | $222.8M |
| Transparency Score | 75/100 |
Is Jazz At Lincoln Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jazz At Lincoln Center Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Jazz At Lincoln Center Inc
Jazz At Lincoln Center Inc (EIN: 133888641) is a nonprofit organization based in New York, NY, classified under NTEE code A680. The organization reported total revenue of $59.0M and total assets of $237.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jazz At Lincoln Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jazz At Lincoln Center Inc is a major nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $34.6M |
| Total Expenses | $45.0M |
| Surplus / Deficit | $-10,402,659 |
| Total Assets | $242.0M |
| Total Liabilities | $19.2M |
| Net Assets | $222.8M |
| Operating Margin | -30.1% |
| Debt-to-Asset Ratio | 7.9% |
| Months of Reserves | 64.5 months |
Financial Health Grade: B
In 2023, Jazz At Lincoln Center Inc reported a deficit of $10.4M with expenses exceeding revenue, holds 64.5 months of operating reserves (strong position), has a debt-to-asset ratio of 7.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Jazz At Lincoln Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.3% | +13.1% | -0.2% |
| 2022 | -24.8% | +28.1% | -5.4% |
| 2021 | +99.3% | -21.3% | +15.1% |
| 2020 | -43.0% | -11.3% | -5.8% |
| 2019 | +19.6% | +0.1% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jazz At Lincoln Center Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Jazz At Lincoln Center Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.9%.
Executive Compensation Analysis
The consistent reporting of 'Officer Comp=0%' across all available IRS 990 filings is highly unusual for an organization of this size with annual expenses often exceeding $40 million. This suggests that either the leadership is entirely volunteer-based, or compensation for key personnel is reported in a different section of the 990, or falls below the reporting threshold for Part VII, Section A, which would require further investigation to fully understand executive compensation practices.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Jazz At Lincoln Center Inc's IRS 990 filings:
- 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
The following positive indicators were identified for Jazz At Lincoln Center Inc:
- 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.
Frequently Asked Questions about Jazz At Lincoln Center Inc
Is Jazz At Lincoln Center Inc a legitimate charity?
Jazz At Lincoln Center Inc (EIN: 133888641) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $59.0M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Jazz At Lincoln Center Inc spend its money?
Jazz At Lincoln Center Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Jazz At Lincoln Center Inc tax-deductible?
Jazz At Lincoln Center Inc is registered as a tax-exempt nonprofit (EIN: 133888641). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jazz At Lincoln Center Inc CEO make?
Jazz At Lincoln Center Inc's highest-compensated officer earns $40 annually. The organization reported $59.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Jazz At Lincoln Center Inc's spending goes to programs?
Jazz At Lincoln Center Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Jazz At Lincoln Center Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Jazz At Lincoln Center Inc is above average for NTEE category A680 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jazz At Lincoln Center Inc located?
Jazz At Lincoln Center Inc is headquartered in New York, New York and files with the IRS under EIN 133888641. It is classified under NTEE code A680.
How many years of IRS 990 filings does Jazz At Lincoln Center Inc have?
Jazz At Lincoln Center Inc has 13 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 $59.0M in total revenue.
Why is 'Officer Comp=0%' reported across all filings for an organization with significant revenue and expenses?
The consistent reporting of 'Officer Comp=0%' on Part VII, Section A of the Form 990 for Jazz At Lincoln Center Inc. is atypical for an organization of its scale. This could indicate that officers, directors, trustees, and key employees are not compensated, or their compensation is reported in other sections of the 990, or falls below the threshold for this specific section. Further review of the full 990 forms would be necessary to clarify this.
What caused the significant revenue drop from $79,892,519 in 2014 to $39,933,955 in 2018?
The provided data shows a substantial decrease in revenue from $79,892,519 in fiscal year 2014 to $39,933,955 in fiscal year 2018. Without access to the detailed financial statements, it's difficult to pinpoint the exact cause, but potential factors could include changes in major donor contributions, grant funding, ticket sales, or investment income during that period.
How does the organization manage to sustain operations with recurring operational deficits, such as in 2023 ($34.5M revenue vs $44.9M expenses)?
Despite experiencing operational deficits in several years (e.g., 2023, 2020, 2018, 2017, 2016), Jazz At Lincoln Center Inc. maintains a strong asset base, consistently above $220 million. This suggests that deficits might be covered by drawing from reserves, investment income not classified as program revenue, or other non-operating income sources. The organization's substantial assets provide a buffer against short-term operational shortfalls.
Filing History
IRS 990 filing history for Jazz At Lincoln Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jazz At Lincoln Center Inc's revenue has grown by 12.8%, moving from $30.7M to $34.6M. Total assets increased by 27.5% over the same period, from $189.8M to $242.0M. Total functional expenses rose by 36.2%, from $33.0M to $45.0M. In its most recent filing year (2023), Jazz At Lincoln Center Inc reported a deficit of $10.4M, with expenses exceeding revenue. The organization holds $19.2M in liabilities against $242.0M in assets (debt-to-asset ratio: 7.9%), resulting in net assets of $222.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $34.6M | $45.0M | $242.0M | $19.2M | — | View 990 |
| 2022 | $40.8M | $39.8M | $242.6M | $12.4M | — | View 990 |
| 2021 | $54.3M | $31.1M | $256.5M | $14.9M | — | View 990 |
| 2020 | $27.2M | $39.5M | $222.9M | $14.2M | — | View 990 |
| 2019 | $47.8M | $44.5M | $236.6M | $13.6M | — | View 990 |
| 2018 | $39.9M | $44.4M | $234.8M | $15.1M | — | View 990 |
| 2017 | $35.2M | $42.6M | $243.2M | $20.1M | — | View 990 |
| 2016 | $39.2M | $42.8M | $249.6M | $21.9M | — | View 990 |
| 2015 | $49.4M | $39.8M | $248.8M | $14.8M | — | View 990 |
| 2014 | $79.9M | $37.0M | $234.5M | $8.7M | — | View 990 |
| 2013 | $31.3M | $37.1M | $190.5M | $9.2M | — | View 990 |
| 2012 | $37.1M | $34.0M | $193.0M | $7.1M | — | View 990 |
| 2011 | $30.7M | $33.0M | $189.8M | $6.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $34.6M, expenses of $45.0M, and assets of $242.0M (revenue -15.3% year-over-year).
- 2022: Revenue of $40.8M, expenses of $39.8M, and assets of $242.6M (revenue -24.8% year-over-year).
- 2021: Revenue of $54.3M, expenses of $31.1M, and assets of $256.5M (revenue +99.3% year-over-year).
- 2020: Revenue of $27.2M, expenses of $39.5M, and assets of $222.9M (revenue -43.0% year-over-year).
- 2019: Revenue of $47.8M, expenses of $44.5M, and assets of $236.6M (revenue +19.6% year-over-year).
- 2018: Revenue of $39.9M, expenses of $44.4M, and assets of $234.8M (revenue +13.5% year-over-year).
- 2017: Revenue of $35.2M, expenses of $42.6M, and assets of $243.2M (revenue -10.3% year-over-year).
- 2016: Revenue of $39.2M, expenses of $42.8M, and assets of $249.6M (revenue -20.6% year-over-year).
- 2015: Revenue of $49.4M, expenses of $39.8M, and assets of $248.8M (revenue -38.2% year-over-year).
- 2014: Revenue of $79.9M, expenses of $37.0M, and assets of $234.5M (revenue +155.3% year-over-year).
- 2013: Revenue of $31.3M, expenses of $37.1M, and assets of $190.5M (revenue -15.6% year-over-year).
- 2012: Revenue of $37.1M, expenses of $34.0M, and assets of $193.0M (revenue +20.9% year-over-year).
- 2011: Revenue of $30.7M, expenses of $33.0M, and assets of $189.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jazz At Lincoln Center Inc:
Data Sources and Methodology
This transparency report for Jazz At Lincoln Center Inc 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.