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Friends Of John Coltrane Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 272375364 ✦ High point, NC ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of John Coltrane Inc?

Friends of John Coltrane Inc. is a nonprofit organization situated in High Point, North Carolina. Their primary mission is to preserve the legacy of renowned jazz musician John Coltrane in their city while promoting and educating the jazz and blues genres of music. To achieve this, they organize an annual international jazz and blues festival, attracting around 6,000 attendees. Their efforts extend beyond the music festival, as they also provide in-kind services, such as police officer support and rental expenses, in the amount of $34,111. The organization's work serves to celebrate and champion John Coltrane's musical heritage, contributing to the cultural richness of High Point, NC.


Official website here: www.friendsofjohncoltrane.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating

Friends Of John Coltrane Inc has received a 73% rating from Charity Navigator, indicating some strengths in governance but significant shortcomings in financial transparency. The organization boasts a fully independent board, which is a positive indicator for accountability. However, the lack of financial statements and policies such as a whistleblower policy raises concerns about the organization's overall financial transparency and management practices.

User feedback highlights these concerns, with one reviewer expressing frustration over the absence of any accounting for tax funds spent by the nonprofit. This lack of communication and transparency has led to skepticism among some members of the public regarding the organization's legitimacy and financial stewardship. The review underscores the need for the organization to improve its reporting and accountability to gain public trust.

Despite these criticisms, the organization has a high program expense ratio of 99.82%, suggesting that funds are being directed towards its programs rather than administrative costs. However, the absence of essential financial documentation and policies indicates that improvements are necessary for Friends Of John Coltrane Inc to enhance its credibility and foster greater donor confidence.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Friends Of John Coltrane Inc legitimate?

Friends Of John Coltrane Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of John Coltrane 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: $28,333
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.friendsofjohncoltrane.com

What is the mission statement of Friends Of John Coltrane Inc?

The mission of Friends Of John Coltrane Inc is centered around preserving the rich history of renowned jazz musician John Coltrane and promoting the genres of jazz and blues music. Their primary objective is to educate people about these musical styles. This organization strives to accomplish this mission by hosting events, such as the annual International Jazz & Blues Festival, which attracts approximately 6,000 attendees. They also provide in-kind services to support such events, contributing to the overall cost through various means.


Official website here: www.friendsofjohncoltrane.com

Who is the CEO of Friends Of John Coltrane Inc?

Patrick Harman is the Director of Friends Of John Coltrane Inc.


Official website here: www.friendsofjohncoltrane.com

What is the revenue of Friends Of John Coltrane Inc?

Friends Of John Coltrane Inc's revenue in 2022 was $1,452,730.


Official website here: www.friendsofjohncoltrane.com

Who are the executives of Friends Of John Coltrane Inc and what are their salaries?

There 100 volunteers at Friends Of John Coltrane Inc.


Here are 7 key members and their salaries:


Joe Williams (Director)
  • Compensation: $28,333
  • Related: $0
  • Other: $0
Bruce Davis (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Harman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Rogers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernita Sims (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Clopton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Hauser (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.friendsofjohncoltrane.com

Where can I find the form 990 for Friends Of John Coltrane Inc?

Friends Of John Coltrane Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.friendsofjohncoltrane.com

Learn more at the official website: www.friendsofjohncoltrane.com

Mission Statement of Friends Of John Coltrane Inc

Friends of John Coltrane Inc is an organization dedicated to preserving the legacy of the renowned jazz musician John Coltrane. Their mission is twofold: to safeguard the history of Coltrane in the city where he once resided, High Point, NC, and to promote and educate the jazz and blues genres of music. This nonprofit aims to keep Coltrane's memory alive and share his music with a wider audience, fostering an appreciation for these musical styles.

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Impact




October, 2024

Friends Of John Coltrane Inc plays a significant role in preserving the legacy of jazz legend John Coltrane in High Point, NC, while also promoting jazz and blues music education. By organizing events like the International Jazz & Blues Festival, they bring together approximately 6,000 attendees, fostering a vibrant community around these music genres. The festival not only showcases talented musicians but also strengthens the cultural fabric of the city by providing enjoyable and educational experiences for attendees. Furthermore, by facilitating in-kind services such as the provision of police officers and park rentals, they ensure that such gatherings are safe and accessible, bolstering community engagement and support for the arts. The organization's commitment to honoring Coltrane’s history and enriching the local music scene contributes significantly to High Point's cultural identity.




This information is meant to be a general summary of Friends Of John Coltrane 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.

Revenue
$1,452,730 (2022)
Expenses
$623,956 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $596
  • Program Service Revenue: $256,715
  • Gross Receipts: $1,469,768

Assets and Liabilities:

  • Total Assets: $1,014,744
  • Total Liabilities: $0
  • Net Assets: $1,014,744

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FESTIVAL TICKET SALES

Revenue

$232,050

VENDOR FEES INCOME

Revenue

$14,101

FESTIVAL PARKING

Revenue

$10,564

Organization Details

Founding Year

2010

Principal Officer

Patrick Harman

Main Address

PO BOX 2392, HIGH POINT, NC, 272612392

NTEE Category

Code: A68 - Arts

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