True Blue Jazz Inc
- Assets
- $4.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lewes, DE
- Founding
- 01/2015
- Data as of
- 12/2021
- EIN
- 47-1429059
Organization Overview
True Blue Jazz Inc is located in Lewes, DE. The organization was established in 2015. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, 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. True Blue Jazz 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 12/2021, True Blue Jazz Inc generated $125.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $127.9k during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CULTIVATED SUPPORT FOR A YOUTH JAZZ PROGRAM AND ASSISTED STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherman Ward President | 20 | $0 | |
Margaret I Raley-Ward Vice President | 4 | $0 | |
Terry Plowman Director | 0 | $0 | |
Fred Hughes Director | 0 | $0 | |
Barbara Passikoff Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,481 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $125,481 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,268 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $122,757 |
| Total expenses | $127,942 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,095 |
| Other assets | $0 |
| Total assets | $4,369 |
| Total liabilities | $36,786 |
| Net assets or fund balances | -$32,417 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kimmel Center Inc Philadelphia, PA | $245,953,445 | $41,081,924 |
South Street Theater Co Inc Morristown, NJ | $25,009,095 | $16,372,684 |
Joshua M Freeman Foundation Selbyville, DE | $7,026,329 | $10,885,831 |
Performing Arts Consultants Inc Brick, NJ | $2,328,922 | $7,486,685 |
Delaware College Of Art And Design Wilmington, DE | $12,063,919 | $5,103,900 |
Associated Production Services Inc Trevose, PA | $3,216,743 | $4,781,597 |
Germantown Cultural Arts Center Inc Germantown, MD | $1,282,498 | $3,689,211 |
The Avalon Foundation Inc Easton, MD | $5,588,979 | $2,877,348 |
The Mattress Factory Pittsburgh, PA | $6,739,687 | $2,768,754 |
Weinberg Center For The Arts Inc Frederick, MD | $1,941,791 | $2,451,910 |
Chesapeake Shakespeare Company Baltimore, MD | $6,775,926 | $2,236,169 |
Energy Innovation Center Institute Inc Pittsburgh, PA | $1,205,835 | $1,830,774 |