Portland Jazz Festival Incorporated
Portland Jazz Festival Incorporated shows consistent revenue growth and zero reported officer compensation.
EIN: 200969679 · Portland, OR · NTEE: A6C · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| Net Assets | $828K |
| Transparency Score | 90/100 |
Is Portland Jazz Festival Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Portland Jazz Festival Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Portland Jazz Festival Incorporated
Portland Jazz Festival Incorporated (EIN: 200969679) is a nonprofit organization based in Portland, OR, classified under NTEE code A6C. The organization reported total revenue of $1.2M and total assets of $867K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portland Jazz Festival Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Portland Jazz Festival Incorporated is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$261K |
| Total Assets | $1.2M |
| Total Liabilities | $340K |
| Net Assets | $828K |
| Operating Margin | 19.0% |
| Debt-to-Asset Ratio | 29.1% |
| Months of Reserves | 12.6 months |
Financial Health Grade: A
In 2023, Portland Jazz Festival Incorporated reported a surplus of $261K with revenue exceeding expenses, holds 12.6 months of operating reserves (strong position), has a debt-to-asset ratio of 29.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Portland Jazz Festival Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.8% | +43.2% | +82.7% |
| 2022 | +42.7% | +90.1% | +6.2% |
| 2021 | -13.3% | -33.4% | +40.5% |
| 2020 | -9.3% | -7.1% | +76.5% |
| 2019 | -1.9% | -17.6% | +73.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Portland Jazz Festival Incorporated with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Portland Jazz Festival Incorporated allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $261K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and suggests a volunteer-led or very lean operational structure at the executive level.
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 Portland Jazz Festival Incorporated's IRS 990 filings:
- Unusually high liabilities in 2023 compared to previous years, though still covered by assets.
- Lack of reported officer compensation could indicate an unsustainable reliance on volunteer leadership or an alternative compensation structure not transparently disclosed.
Strengths
The following positive indicators were identified for Portland Jazz Festival Incorporated:
- Consistent and strong revenue growth, from $487,522 in 2014 to $1,376,796 in 2023.
- Significant growth in assets, reaching $1,167,598 in 2023, demonstrating financial stability.
- Expenses consistently lower than revenue, indicating efficient financial management.
- Zero reported officer compensation across all filings, suggesting a strong commitment to directing funds to programs.
- Positive net assets and increasing financial reserves over time.
Frequently Asked Questions about Portland Jazz Festival Incorporated
Is Portland Jazz Festival Incorporated a legitimate charity?
Portland Jazz Festival Incorporated (EIN: 200969679) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Portland Jazz Festival Incorporated spend its money?
Portland Jazz Festival Incorporated directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Portland Jazz Festival Incorporated tax-deductible?
Portland Jazz Festival Incorporated is registered as a tax-exempt nonprofit (EIN: 200969679). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Portland Jazz Festival Incorporated's spending goes to programs?
Portland Jazz Festival Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Portland Jazz Festival Incorporated compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Portland Jazz Festival Incorporated is above average for NTEE category A6C nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Portland Jazz Festival Incorporated located?
Portland Jazz Festival Incorporated is headquartered in Portland, Oregon and files with the IRS under EIN 200969679. It is classified under NTEE code A6C.
How many years of IRS 990 filings does Portland Jazz Festival Incorporated have?
Portland Jazz Festival Incorporated 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 $1.2M in total revenue.
How does Portland Jazz Festival Incorporated manage to operate without reporting officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be entirely volunteer-based, or compensation is structured in a way that it is not reported as 'officer compensation' on the 990, which would warrant further investigation into their operational model.
What is the primary source of the organization's revenue growth?
While the filings show consistent revenue growth from $487,522 in 2014 to $1,376,796 in 2023, the specific breakdown of revenue sources (e.g., ticket sales, grants, donations) is not detailed in the provided summary, requiring a deeper dive into the full 990 forms.
Are the recent increases in liabilities a concern?
Liabilities increased significantly from $72,909 in 2022 to $339,928 in 2023. While this is a notable jump, the organization's assets also grew substantially to $1,167,598 in the same period, meaning liabilities remain well-covered by assets, indicating a manageable financial position rather than a red flag.
Filing History
IRS 990 filing history for Portland Jazz Festival Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Portland Jazz Festival Incorporated's revenue has grown by 272.8%, moving from $369K to $1.4M. Total assets increased by 19305% over the same period, from $6K to $1.2M. Total functional expenses rose by 191.9%, from $382K to $1.1M. In its most recent filing year (2023), Portland Jazz Festival Incorporated reported a surplus of $261K, with revenue exceeding expenses. The organization holds $340K in liabilities against $1.2M in assets (debt-to-asset ratio: 29.1%), resulting in net assets of $828K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.1M | $1.2M | $340K | — | — |
| 2022 | $851K | $779K | $639K | $73K | — | View 990 |
| 2021 | $596K | $410K | $602K | $108K | — | View 990 |
| 2020 | $688K | $615K | $428K | $121K | — | View 990 |
| 2019 | $758K | $662K | $243K | $8K | — | View 990 |
| 2018 | $773K | $804K | $140K | $279 | — | View 990 |
| 2017 | $705K | $679K | $172K | $384 | — | View 990 |
| 2016 | $768K | $715K | $146K | $1K | — | View 990 |
| 2015 | $600K | $568K | $92K | $0 | — | View 990 |
| 2014 | $488K | $491K | $66K | $6K | — | View 990 |
| 2013 | $444K | $406K | $74K | $11K | — | View 990 |
| 2012 | $356K | $325K | $34K | $9K | — | View 990 |
| 2011 | $369K | $382K | $6K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.1M, and assets of $1.2M (revenue +61.8% year-over-year).
- 2022: Revenue of $851K, expenses of $779K, and assets of $639K (revenue +42.7% year-over-year).
- 2021: Revenue of $596K, expenses of $410K, and assets of $602K (revenue -13.3% year-over-year).
- 2020: Revenue of $688K, expenses of $615K, and assets of $428K (revenue -9.3% year-over-year).
- 2019: Revenue of $758K, expenses of $662K, and assets of $243K (revenue -1.9% year-over-year).
- 2018: Revenue of $773K, expenses of $804K, and assets of $140K (revenue +9.6% year-over-year).
- 2017: Revenue of $705K, expenses of $679K, and assets of $172K (revenue -8.2% year-over-year).
- 2016: Revenue of $768K, expenses of $715K, and assets of $146K (revenue +27.9% year-over-year).
- 2015: Revenue of $600K, expenses of $568K, and assets of $92K (revenue +23.1% year-over-year).
- 2014: Revenue of $488K, expenses of $491K, and assets of $66K (revenue +9.9% year-over-year).
- 2013: Revenue of $444K, expenses of $406K, and assets of $74K (revenue +24.6% year-over-year).
- 2012: Revenue of $356K, expenses of $325K, and assets of $34K (revenue -3.6% year-over-year).
- 2011: Revenue of $369K, expenses of $382K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Portland Jazz Festival Incorporated:
Data Sources and Methodology
This transparency report for Portland Jazz Festival Incorporated 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.