Overview
What is Junior Jazz Foundation Inc?
Junior Jazz Foundation Inc, headquartered in Hilton Head Island, South Carolina, is a nonprofit organization devoted to nurturing local musical talents. Their mission is to preserve jazz by providing instruments, scholarships, classes, and seminars to enthusiastic young students and adults. They accomplish this by soliciting donations of goods and services and raising funds to purchase new equipment, instruments, and resources for their programs. The foundation hosts jazz performances in the community, fostering a vibrant jazz culture and offering educational opportunities for aspiring musicians.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating).
The Junior Jazz Foundation Inc received a Two-Star rating from Charity Navigator, reflecting a score of 67%. This rating indicates a moderate level of accountability and financial health. The foundation excels in areas such as having a completely independent board and maintaining a low liabilities-to-assets ratio, which suggests strong financial stability.
Key strengths include a high program expense ratio of over 92%, indicating that a significant portion of its funding is directed toward its programs rather than administrative costs. Additionally, the organization has no material diversion of assets and documents its board meeting minutes, which contributes positively to its transparency and governance practices.
However, despite these strengths, the overall score suggests room for improvement in other accountability measures. Potential donors should consider this rating as part of their decision-making process to ensure alignment with their philanthropic goals.
This AI summary has been generated from information found on Charity Navigator.
Is Junior Jazz Foundation Inc legitimate?
Junior Jazz Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Junior Jazz Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Junior Jazz Foundation Inc?
The Junior Jazz Foundation's mission is centered around preserving jazz through education and performance. They achieve this by utilizing their foundation to collect donations of goods and services, raise funds for new equipment, instruments, scholarships, classes, and seminars for motivated young students and adults who show potential in jazz. The organization's primary goal is to nurture and foster the growth of jazz talent, ensuring its continued presence and appreciation.
Who is the CEO of Junior Jazz Foundation Inc?
David Masteller is the President of Junior Jazz Foundation Inc.
What is the revenue of Junior Jazz Foundation Inc?
Junior Jazz Foundation Inc's revenue in 2022 was $676,922.
Who are the executives of Junior Jazz Foundation Inc and what are their salaries?
Here are 12 key members and their salaries:
- Compensation: $36,261
- Related: $0
- Other: $0
- Compensation: $21,563
- Related: $0
- Other: $0
- Compensation: $15,575
- Related: $0
- Other: $0
- Compensation: $12,400
- Related: $0
- Other: $0
- Compensation: $11,225
- Related: $0
- Other: $0
- Compensation: $8,075
- Related: $0
- Other: $0
- Compensation: $6,050
- Related: $0
- Other: $0
- Compensation: $1,850
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Junior Jazz Foundation Inc?
Junior Jazz Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Junior Jazz Foundation Inc
The Junior Jazz Foundation, a nonprofit organization, is committed to preserving jazz music through education and performance. They achieve this mission by utilizing the Junior Jazz Foundation to solicit donations of goods and services, as well as raising funds for new equipment, instruments, scholarships, classes, and seminars. This initiative is aimed at supporting young and promising students and adults who show an interest in jazz. The foundation's goal is to foster the growth and development of these individuals, ensuring that the legacy of jazz music continues to thrive.
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Impact
July, 2024
Junior Jazz Foundation Inc's impact lies in its dedication to preserving jazz through education and performance. By providing instruments, scholarships, classes, and seminars to aspiring musicians in the community, the foundation enables individuals to pursue their passion for jazz music. Additionally, by bringing top-rated jazz performances to the local area, the foundation contributes to the cultural enrichment of the community and helps keep the jazz tradition alive.
This information is meant to be a general summary of Junior Jazz Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,500
- Program Service Revenue: $32,486
- Gross Receipts: $813,660
Assets and Liabilities:
- Total Assets: $190,205
- Total Liabilities: $18,000
- Net Assets: $172,205
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
JAZZ CAMP
Revenue
$32,486
Organization Details
Principal Officer
David Masteller
Main Address
PO BOX 4751, HILTON HEAD ISLAND, SC, 29938
NTEE Category
Code: A60 - Arts
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