Jazz Institute Of Chicago Inc
EIN: 362668093 · Chicago, IL · NTEE: A68Z
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $978K |
| Net Assets | $376K |
Is Jazz Institute Of Chicago Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jazz Institute Of Chicago Inc
Jazz Institute Of Chicago Inc (EIN: 362668093) is a nonprofit organization based in Chicago, IL, classified under NTEE code A68Z. The organization reported total revenue of $1.2M and total assets of $700K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jazz Institute Of Chicago Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jazz Institute Of Chicago Inc is a mid-size nonprofit that has been operating for 57 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $978K |
| Surplus / Deficit | +$144K |
| Total Assets | $693K |
| Total Liabilities | $317K |
| Net Assets | $376K |
| Operating Margin | 12.9% |
| Debt-to-Asset Ratio | 45.7% |
| Months of Reserves | 8.5 months |
Financial Health Grade: A
In 2023, Jazz Institute Of Chicago Inc reported a surplus of $144K with revenue exceeding expenses, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 45.7% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Jazz Institute Of Chicago Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +87.5% | +34.2% | -13.4% |
| 2022 | +46.3% | +45.2% | +78.2% |
| 2020 | -50.7% | -32.3% | -8.0% |
| 2019 | +1.1% | -12.9% | +34.1% |
| 2018 | +19.1% | -3.5% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jazz Institute Of Chicago Inc 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 Jazz Institute Of Chicago Inc 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 surplus of $144K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.7%.
Frequently Asked Questions about Jazz Institute Of Chicago Inc
Is Jazz Institute Of Chicago Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jazz Institute Of Chicago Inc (EIN: 362668093) insufficient data. 0 red flags identified, 0 strengths noted.
How does Jazz Institute Of Chicago Inc spend its money?
Detailed spending breakdown data is not yet available for Jazz Institute Of Chicago Inc. Check back for updated IRS 990 analysis.
Are donations to Jazz Institute Of Chicago Inc tax-deductible?
Jazz Institute Of Chicago Inc is registered as a tax-exempt nonprofit (EIN: 362668093). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jazz Institute Of Chicago Inc located?
Jazz Institute Of Chicago Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 362668093. It is classified under NTEE code A68Z.
How many years of IRS 990 filings does Jazz Institute Of Chicago Inc have?
Jazz Institute Of Chicago Inc 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Jazz Institute Of Chicago Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Jazz Institute Of Chicago Inc's revenue has grown by 101.1%, moving from $558K to $1.1M. Total assets increased by 107.7% over the same period, from $334K to $693K. Total functional expenses rose by 71.8%, from $569K to $978K. In its most recent filing year (2023), Jazz Institute Of Chicago Inc reported a surplus of $144K, with revenue exceeding expenses. The organization holds $317K in liabilities against $693K in assets (debt-to-asset ratio: 45.7%), resulting in net assets of $376K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $978K | $693K | $317K | — | — |
| 2022 | $598K | $728K | $801K | $692K | — | View 990 |
| 2020 | $409K | $502K | $449K | $529K | — | View 990 |
| 2019 | $829K | $741K | $488K | $131K | — | View 990 |
| 2018 | $820K | $851K | $364K | $71K | — | View 990 |
| 2017 | $689K | $882K | $342K | $18K | — | View 990 |
| 2016 | $951K | $787K | $529K | $11K | — | View 990 |
| 2015 | $782K | $764K | $368K | $14K | — | View 990 |
| 2014 | $702K | $702K | $340K | $5K | — | View 990 |
| 2013 | $725K | $737K | $338K | $3K | — | View 990 |
| 2012 | $623K | $606K | $351K | $4K | — | View 990 |
| 2011 | $558K | $569K | $334K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $978K, and assets of $693K (revenue +87.5% year-over-year).
- 2022: Revenue of $598K, expenses of $728K, and assets of $801K (revenue +46.3% year-over-year).
- 2020: Revenue of $409K, expenses of $502K, and assets of $449K (revenue -50.7% year-over-year).
- 2019: Revenue of $829K, expenses of $741K, and assets of $488K (revenue +1.1% year-over-year).
- 2018: Revenue of $820K, expenses of $851K, and assets of $364K (revenue +19.1% year-over-year).
- 2017: Revenue of $689K, expenses of $882K, and assets of $342K (revenue -27.6% year-over-year).
- 2016: Revenue of $951K, expenses of $787K, and assets of $529K (revenue +21.6% year-over-year).
- 2015: Revenue of $782K, expenses of $764K, and assets of $368K (revenue +11.4% year-over-year).
- 2014: Revenue of $702K, expenses of $702K, and assets of $340K (revenue -3.2% year-over-year).
- 2013: Revenue of $725K, expenses of $737K, and assets of $338K (revenue +16.5% year-over-year).
- 2012: Revenue of $623K, expenses of $606K, and assets of $351K (revenue +11.6% year-over-year).
- 2011: Revenue of $558K, expenses of $569K, and assets of $334K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jazz Institute Of Chicago Inc:
Data Sources and Methodology
This transparency report for Jazz Institute Of Chicago 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.