Jazz Institute Of Chicago Inc

Organization Overview

Jazz Institute Of Chicago Inc is located in Chicago, IL. The organization was established in 1969. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2020, Jazz Institute Of Chicago Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jazz Institute Of Chicago Inc 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 12/2020, Jazz Institute Of Chicago Inc generated $409.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $501.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO PRESERVE AND PERPETUATE JAZZ MUSIC PERFORMANCE, EDUCATION AND CULTURE IN ALL ITS FORMS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PUBLIC AND SCHOOL PERFORMANCES OF JAZZ MUSIC


JAZZ LINKS-A PROGRAM TO BRING MUSIC INSTRUCTION, MENTORING AND WORKSHOPS TO CHICAGO PUBLIC SCHOOL STUDENTS. HISTORY OF THE MUSIC, HOW TO LISTEN, DEVELOPMENT OF JAZZ VOCABULARY FOR YOUNG LEARNERS


MEMBERSHIP


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Board, Officers & Key Employees

Name (title)Compensation
Heather Robinson
Exec Director
$94,683
Timuel Black
Vice President
$0
Warren Chapman
Vice President
$0
Roxana Espoz
Vice President
$0
David Helverson
President
$0
Howard Mandel
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$25,669
Fundraising events$0
Related organizations$0
Government grants $21,975
All other contributions, gifts, grants, and similar amounts not included above$262,641
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$310,285
Total Program Service Revenue$15,916
Investment income $3,250
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $68,108
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,334
Miscellaneous Revenue$0
Total Revenue $409,122

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Jazz Institute Of Chicago Inc has recieved totaling $920,520.

Awarding OrganizationAmount
Iff

Chicago, IL

PURPOSE: Working Capital as part of the CCT program grant

$575,000
Doris Duke Charitable Foundation Inc

New York, NY

PURPOSE: GENERAL OPERATING SUPPORT

$250,000
Prince Foundation

Chicago, IL

PURPOSE: GENERAL OPERATING SUPPORT

$35,000
John D & Catherine T Macarthur Foundation

Chicago, IL

PURPOSE: IN SUPPORT OF GENERAL OPERATIONS.

$15,500
Alphawood Foundation

Chicago, IL

PURPOSE: GENERAL OPERATIONS

$15,000
Arie And Ida Crown Memorial

Chicago, IL

PURPOSE: PROGRAM SUPPORT

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$81,360
Earnings$302
Admin Expense$302
Ending Balance$81,360

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