Overview
What is Florida Smooth Jazz Foundation Inc?
Florida Smooth Jazz Foundation Inc, based in Daytona Beach, Florida, is a nonprofit organization that serves the Volusia County area and its surroundings. Their primary mission is to contribute positively to the community by organizing and hosting music events, specifically jazz concerts. They promote charitable and educational causes through their activities, aiming to enhance the local community's cultural landscape. In 2022, they successfully produced four jazz concerts as part of their initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Stars)
The Florida Smooth Jazz Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. With a score of 67%, the organization demonstrates strengths in areas such as having a fully independent board and a solid program expense ratio of 96.39%, which reflects a strong commitment to its mission and effective use of funds for program-related activities.
However, the organization faces significant challenges regarding transparency and governance. It lacks essential financial documentation and policies, including conflict of interest and whistleblower policies, which contributed to a low score in the Accountability & Finance category. Additionally, the absence of financial statements and certain required documents on its website raises concerns about its openness to the public.
While the foundation shows promise in its programmatic focus, the issues related to governance practices and financial disclosures highlight the need for improvements. Enhancing transparency and addressing these shortcomings would not only strengthen the organization’s credibility but also better serve its mission in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Smooth Jazz Foundation Inc legitimate?
Florida Smooth Jazz Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Smooth 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 Florida Smooth Jazz Foundation Inc?
The Florida Smooth Jazz Foundation Inc is dedicated to serving charitable and educational purposes primarily through the promotion and production of music events. Their mission is to contribute positively to communities, with a specific focus on jazz music. In 2022, they showcased their commitment by organizing and hosting four jazz concerts. These events aim to bring joy, unity, and cultural enrichment to the community. The foundation's activities are geared towards fostering a love for jazz music and contributing to the greater good.
Who is the CEO of Florida Smooth Jazz Foundation Inc?
Cathryn Powers is the President of Florida Smooth Jazz Foundation Inc.
What is the revenue of Florida Smooth Jazz Foundation Inc?
Florida Smooth Jazz Foundation Inc's revenue in 2022 was $1,617,478.
Who are the executives of Florida Smooth Jazz Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- 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 Florida Smooth Jazz Foundation Inc?
Florida Smooth Jazz Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Florida Smooth Jazz Foundation Inc
Florida Smooth Jazz Foundation Inc is a charitable organization with a mission to serve the community through music events. Established with educational purposes in mind, the foundation is dedicated to promoting and producing jazz concerts. Their primary goal is to contribute positively to the community, using music as a medium for this purpose. In 2022, they showcased this commitment by organizing and hosting four jazz concerts. These events not only provided entertainment but also served as a platform for promoting the art of jazz music.
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Impact
July, 2024
Florida Smooth Jazz Foundation Inc's impact can be seen in the vibrant music events it produces, specifically focusing on promoting jazz music for the greater good of Volusia County and surrounding areas. By organizing four jazz concerts in 2022 alone, the foundation has successfully brought communities together through the power of music. Through these events, the foundation not only entertains audiences but also supports charitable and educational purposes, contributing to the cultural enrichment and well-being of the community.
This information is meant to be a general summary of Florida Smooth 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: $251
- Program Service Revenue: $1,617,227
- Gross Receipts: $1,617,478
Assets and Liabilities:
- Total Assets: $823,128
- Total Liabilities: $114,566
- Net Assets: $708,562
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT & EVENT INCOME
Revenue
$1,617,227
Organization Details
Founding Year
2009
Phone
(813) 323-7947Principal Officer
Cathryn Powers
Main Address
PO BOX 11116, DAYTONA BEACH, FL, 32120
NTEE Category
Code: A68 - Arts
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