Jazzmn Inc
Nonprofit profile at a glance
- EIN
- 411919519
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- St Paul, MN, USA
- Phone
- 6123863483
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $103,394
- Expenses
- $90,178
- Assets
- $36,348
- Liabilities
- $5,084
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Andrew Walesch (President/Artistic Director)
- John Langlais (Executive Director/Treasurer)
- William Bushnell (Vice President/Advertising Director)
People named in this filing
- Andrew Walesch (President/Artistic Director)
- John Langlais (Executive Director/Treasurer)
- William Bushnell (Vice President/Advertising Director)
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
JazzMN promotes excellence in the jazz art from through concerts and educational experiences.
What it reported doing in 2024
Presented 6 concerts featuring outstanding local and national musicians to audiences from the greater Minneapolis Region.
Operating model
- Revenue model
- Earned-program. 62% of the money available for current operations came from fees and other program revenue.
- 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 100
- Sustainability: 44
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.2%; rating input score 76
- Program expense ratio: 87.4%; rating input score 87
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: 12.8%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 5%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: -6.4% per year; rating input score 0; 18th percentile among comparable filings
- Revenue growth: -5.1% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: 2.8% per year; rating input score 100; 37th percentile among comparable filings
Details
- Where the money goes: 76.2% of revenue deployed · 87.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $79K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- High — Sustainability: Officer compensation ratio scored 23/100.