National Jazz Festival Inc

Nonprofit profile at a glance

EIN
833751080
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Middletown, DE, USA
Phone
9083308053
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts Education

Reported finances

Revenue
$76,278
Expenses
$68,716
Assets
$31,219
Liabilities
$20,245

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Joseph Bongiovi (President)
  • Wilbur Wittemann (Executive Director)

People named in this filing

  • Joseph Bongiovi (President)
  • Wilbur Wittemann (Executive Director)
  • Brian DeMan (Managing Director of Development)

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

Planning and execution of an annual high school jazz festival to inspire young musicians to take jazz to the next level through education, collaboration and celebration.

What it reported doing in 2024

On March 19-22 the festival was held in Philadelphia at the Pennsylvania Convention Center, Clef Club of Jazz and Chris's Jazz Club.. Over 1500 student musicians from 18 US states, Great Britain and Puerto Rico participated. Over 70 performances of educational clinics, professional concerts with master classes and recording sessions took place. The festival remains the largest independent high school jazz festival in the eastern US.

Operating model

Revenue model
Earned-program. 63% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.1%; rating input score 90
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 9.9%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 0.45; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.65; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -5.9% per year; rating input score 0; 34th percentile among comparable filings
  • Revenue growth: 32.4% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 20.5% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 90.1% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $69K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.