Sioux Falls Jazz And Blues Society
EIN: 460418356 · Sioux Falls, SD · NTEE: A23Z
| Metric | Value |
|---|---|
| Total Revenue | $254K |
| Total Expenses | $163K |
| Net Assets | $75K |
Is Sioux Falls Jazz And Blues Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sioux Falls Jazz And Blues Society
Sioux Falls Jazz And Blues Society (EIN: 460418356) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code A23Z. The organization reported total revenue of $254K and total assets of $101K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sioux Falls Jazz And Blues Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sioux Falls Jazz And Blues Society is a small nonprofit that has been operating for 30 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -8.7%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $254K |
| Total Expenses | $163K |
| Surplus / Deficit | +$91K |
| Total Assets | $101K |
| Total Liabilities | $25K |
| Net Assets | $75K |
| Operating Margin | 35.7% |
| Debt-to-Asset Ratio | 25.1% |
| Months of Reserves | 7.4 months |
Financial Health Grade: A
In 2021, Sioux Falls Jazz And Blues Society reported a surplus of $91K with revenue exceeding expenses, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 25.1% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2021), Sioux Falls Jazz And Blues Society's revenue has declined at a compound annual growth rate (CAGR) of -8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +76.2% | +66.4% | +164.3% |
| 2020 | -68.1% | -84.8% | -27.2% |
| 2019 | -25.8% | +3.6% | -80.2% |
| 2018 | +3.4% | +1.2% | +30.6% |
| 2017 | -52.2% | -52.0% | -8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sioux Falls Jazz And Blues Society 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 Sioux Falls Jazz And Blues Society 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $91K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.1%.
Frequently Asked Questions about Sioux Falls Jazz And Blues Society
Is Sioux Falls Jazz And Blues Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Sioux Falls Jazz And Blues Society (EIN: 460418356) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sioux Falls Jazz And Blues Society spend its money?
Detailed spending breakdown data is not yet available for Sioux Falls Jazz And Blues Society. Check back for updated IRS 990 analysis.
Are donations to Sioux Falls Jazz And Blues Society tax-deductible?
Sioux Falls Jazz And Blues Society is registered as a tax-exempt nonprofit (EIN: 460418356). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sioux Falls Jazz And Blues Society located?
Sioux Falls Jazz And Blues Society is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 460418356. It is classified under NTEE code A23Z.
How many years of IRS 990 filings does Sioux Falls Jazz And Blues Society have?
Sioux Falls Jazz And Blues Society has 11 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 $254K in total revenue.
Filing History
IRS 990 filing history for Sioux Falls Jazz And Blues Society showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Sioux Falls Jazz And Blues Society's revenue has declined by 59.5%, moving from $627K to $254K. Total assets decreased by 4.8% over the same period, from $106K to $101K. Total functional expenses fell by 74.9%, from $651K to $163K. In its most recent filing year (2021), Sioux Falls Jazz And Blues Society reported a surplus of $91K, with revenue exceeding expenses. The organization holds $25K in liabilities against $101K in assets (debt-to-asset ratio: 25.1%), resulting in net assets of $75K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $254K | $163K | $101K | $25K | — | View 990 |
| 2020 | $144K | $98K | $38K | $53K | — | — |
| 2019 | $451K | $647K | $52K | $114K | — | View 990 |
| 2018 | $609K | $625K | $264K | $130K | — | View 990 |
| 2017 | $588K | $618K | $203K | $51K | — | View 990 |
| 2016 | $1.2M | $1.3M | $221K | $37K | — | View 990 |
| 2015 | $1.0M | $1.1M | $298K | $30K | — | View 990 |
| 2014 | $1.2M | $1.2M | $387K | $35K | — | View 990 |
| 2013 | $1.4M | $1.2M | $344K | $32K | — | — |
| 2012 | $833K | $732K | $181K | $33K | — | — |
| 2011 | $627K | $651K | $106K | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $254K, expenses of $163K, and assets of $101K (revenue +76.2% year-over-year).
- 2020: Revenue of $144K, expenses of $98K, and assets of $38K (revenue -68.1% year-over-year).
- 2019: Revenue of $451K, expenses of $647K, and assets of $52K (revenue -25.8% year-over-year).
- 2018: Revenue of $609K, expenses of $625K, and assets of $264K (revenue +3.4% year-over-year).
- 2017: Revenue of $588K, expenses of $618K, and assets of $203K (revenue -52.2% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.3M, and assets of $221K (revenue +19.5% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.1M, and assets of $298K (revenue -17.2% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $387K (revenue -11.1% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.2M, and assets of $344K (revenue +67.9% year-over-year).
- 2012: Revenue of $833K, expenses of $732K, and assets of $181K (revenue +32.9% year-over-year).
- 2011: Revenue of $627K, expenses of $651K, and assets of $106K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sioux Falls Jazz And Blues Society:
Data Sources and Methodology
This transparency report for Sioux Falls Jazz And Blues Society 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.