Denver Jazz
Nonprofit profile at a glance
- EIN
- 320752391
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Denver, CO, USA
- Phone
- 6104208470
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $23,378
- Expenses
- $17,556
- Assets
- $52,322
- Liabilities
- $47,500
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- DON LUCOFF (PRESIDENT)
- DAVID FROMAN (VICE PRESIDENT)
People named in this filing
- NANCY REID (TREASURER)
- DON LUCOFF (PRESIDENT)
- DAVID FROMAN (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o
What it reported doing in 2024
Jazz concert was held in denver to introduce the upcoming jazz festival. Attendance was 120 people
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 46
- Transparency & Controls: 100
- Sustainability: 60
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41.1%; rating input score 41
- Program expense ratio: 54.8%; rating input score 55
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 24.9%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 2.98; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.91; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 2.8%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 162.3% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: Limited
- Asset growth: 196.2% per year; rating input score 100; 100th percentile among comparable filings
Details
- Where the money goes: 41.1% of revenue deployed · 54.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $10K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
- Review — Financial Efficiency: Program expense ratio scored 55/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- High — Sustainability: Officer compensation ratio scored 11/100.