New Jersey Jazz Society
- Assets
- $68.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Summit, NJ
- Founding
- 09/1974
- Data as of
- 12/2023
- EIN
- 23-7229339
Organization Overview
New Jersey Jazz Society is located in Summit, NJ. The organization was established in 1974. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Jersey Jazz Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, New Jersey Jazz Society generated $42.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $52.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cydney Halpin President | 10 | $0 | |
Michael Katz Treasurer | 10 | $0 | |
Mitchell Seidel VP - Music Programming | 5 | $0 | |
Sanford Josephson VP - Publicity | 10 | $7,200 | |
Irene Miller Recording Secretary | 5 | $0 | |
Jay Dougherty Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,197 |
| Total Program Service Revenue | $6,710 |
| Membership dues | $8,890 |
| Investment income | $648 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $42,587 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,200 |
| Professional fees and other payments to independent contractors | $1,135 |
| Occupancy, rent, utilities, and maintenance | $1,416 |
| Printing, publications, postage, and shipping | $20,664 |
| Other expenses | $18,606 |
| Total expenses | $52,021 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,792 |
| Other assets | $0 |
| Total assets | $68,790 |
| Total liabilities | $0 |
| Net assets or fund balances | $68,790 |