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Knoxville Jazz Orchestra

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

EIN: 621827891 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Knoxville Jazz Orchestra?

The Knoxville Jazz Orchestra is a nonprofit organization, dedicated to the promotion and preservation of jazz music. They achieve this by hosting public concerts frequently throughout the year, showcasing a mix of original compositions and popular big band tunes. Despite the challenges posed by the ongoing pandemic, they managed to resume performances from June 30, 2021. The orchestra's mission is to uphold the rich heritage of jazz and share its essence with the community.


Official website here: www.knoxjazz.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% - Three-Star out of Four Star rating.

The Knoxville Jazz Orchestra has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization excels with a fully independent board, maintaining 22 members and scoring full points in both board independence and material diversion of assets. Additionally, their program expense ratio is commendable at 78.54%, showing a strong commitment to their mission-related activities.

Despite these strengths, the orchestra has notable limitations in transparency policies. They lack critical documents, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which resulted in lower scores in those areas. This gap could raise concerns regarding governance practices and transparency.

Overall, while the Knoxville Jazz Orchestra demonstrates responsible financial management and governance through its independent board, addressing the missing policies could enhance its accountability and public trust.


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

Is Knoxville Jazz Orchestra legitimate?

Knoxville Jazz Orchestra is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knoxville Jazz Orchestra 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: $42,400

For more financial information, click here


Official website here: www.knoxjazz.org

What is the mission statement of Knoxville Jazz Orchestra?

The Knoxville Jazz Orchestra, as its mission, works towards the promotion and preservation of jazz music. They achieve this by organizing public concerts throughout the year, showcasing both original and standard big band compositions. However, due to the ongoing pandemic, performances were significantly restricted until June 30, 2021.


Official website here: www.knoxjazz.org

Who is the CEO of Knoxville Jazz Orchestra?

Vance Thompson is the Board Member of Knoxville Jazz Orchestra.


Official website here: www.knoxjazz.org

What is the revenue of Knoxville Jazz Orchestra?

Knoxville Jazz Orchestra's revenue in 2021 was $126,686.


Official website here: www.knoxjazz.org

Who are the executives of Knoxville Jazz Orchestra and what are their salaries?




Official website here: www.knoxjazz.org

Where can I find the form 990 for Knoxville Jazz Orchestra?

Knoxville Jazz Orchestra's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.knoxjazz.org

Learn more at the official website: www.knoxjazz.org

Mission Statement of Knoxville Jazz Orchestra

Knoxville Jazz Orchestra, a renowned organization, is committed to promoting and preserving jazz music. They achieve this mission by organizing public concerts throughout the year, showcasing a mix of original and classic big band compositions. Unfortunately, the ongoing pandemic greatly restricted their performances until June 30, 2021. Despite the challenges, Knoxville Jazz Orchestra continues to uphold its mission, contributing to the enduring appeal and evolution of jazz music.

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Impact




October, 2024

The Knoxville Jazz Orchestra significantly impacts the community by promoting and preserving the rich heritage of jazz music. By presenting public concerts year-round, it offers both original and standard big band repertoire, enriching the cultural landscape of Knoxville. Its performances create opportunities for local musicians and engage audiences, fostering appreciation for jazz as an art form.

During challenging times, such as the ongoing pandemic that limited performances, the organization remained dedicated to its mission, eventually returning to provide live music experiences. This commitment not only sustains the musical tradition but also invigorates the local arts scene, bringing people together through the universal language of music. Through its initiatives, the Knoxville Jazz Orchestra enhances community spirit and supports the continued evolution of jazz in today's world.




This information is meant to be a general summary of Knoxville Jazz Orchestra. 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
$294,690 (2022)
Expenses
$253,381 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $1,048
  • Program Service Revenue: $2,700
  • Gross Receipts: $126,686

Assets and Liabilities:

  • Total Assets: $185,485
  • Total Liabilities: $700
  • Net Assets: $184,785

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Programs

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

GIG COMPENSATION

Revenue

$3,000

TICKET SALES

Revenue

-$300

Organization Details

Founding Year

2000

Principal Officer

Vance Thompson

Main Address

2518 SHERROD ROAD, KNOXVILLE, TN, 37920

NTEE Category

Code: T20 - Philanthropy

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