George H Buck Jr Jazzology Foundation Inc is located in Columbus, GA. The organization was established in 1985. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, George H Buck Jr Jazzology Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George H Buck Jr Jazzology Foundation 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 12/2022, George H Buck Jr Jazzology Foundation Inc generated $129.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (23.2%) each year. All expenses for the organization totaled $263.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FOR THE SYSTEMATIC COLLECTION, EXHANGE AND DISTRIBUTION OF TRADITIONAL JAZZ RECORDINGS AND RELATED LITERATURE
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Nina Buck Dir/pres/treas/ | 20 | $12,000 | |
| Lars Edegran Exec Dir/vp/sec | 40 | $65,823 | |
| Edmond Haase III Director | 1 | $0 | |
| Duke Heitger Director | 1 | $7,300 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $107 | 
| Dividends & Interest | $132,841 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | -$108,450 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $105,305 | 
| Total Revenue | $129,803 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $85,123 | 
| Other employee salaries and wages | $65,829 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $13,183 | 
| Depreciation | $16,021 | 
| Occupancy | $8,980 | 
| Travel, conferences, and meetings | $2,417 | 
| Printing and publications | $0 | 
| Other expenses | $45,703 | 
| Total operating and administrative expenses | $263,260 | 
| Contributions, gifts, grants paid | $0 | 
| Total expenses and disbursements | $263,260 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,049 | 
| Savings and temporary cash investments | $499,837 | 
| Net Accounts receivable | $1,328 | 
| Net Pledges Receivable | $0 | 
| Grants receivable | $0 | 
| Receivables from Officers, Directors, or Controlling Persons | $0 | 
| Net other notes and loans receivable | $0 | 
| Inventories for sale or use | $899,551 | 
| Prepaid expenses and deferred charges | $0 | 
| Net Investments - land, buildings, equipment | $0 | 
| Investments—mortgage loans | $0 | 
| Investments—other | $852,414 | 
| Net Land, buildings, and equipment | $245,036 | 
| Other assets | $0 | 
| Total assets | $4,186,395 | 
| Accounts payable and accrued expenses | $1,125 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Mortgages and other notes payable | $0 | 
| Other liabilities | $0 | 
| Total liabilities | $1,125 |