Pacific Jazz Orchestra

Nonprofit profile at a glance

EIN
884175363
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Burbank, CA, USA
Phone
3102287955
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Music

Reported finances

Revenue
$1,036,569
Expenses
$937,380
Assets
$248,702
Liabilities
$5,344

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

Leadership & pay

12 people listed

People named in this filing

  • Yvonne Faison (Co-Chair)
  • Rafa Sardina (Co-chair)
  • Alexander Walden (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the Pacific Jazz Orchestra is to entertain and enrich the local community of Los Angeles as well as a global community through performance and education. The Pacific Jazz Orchestra produces an annual concert season and a summer education program.

What it reported doing in 2024

In order to foster the next generation of musicians and artists the PJO will establish a week-long summer seminar workshop for young musicians. Participants will receive group lessons from orchestra members on their respective instruments and then rehearse together as an ensemble and at the end of the week perform a concert as the Pacific Youth Jazz Orchestra. Under the guidance of the artistic director the PJO will give guest conductors and arrangers the opportunity to lead concert projects in an effort to advance diversity in the field of music directors. Note: not yet operational.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 77
  • Accountability: 83
  • Sustainability: 49
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.5%; rating input score 67
  • Program expense ratio: 73.6%; rating input score 74
  • Fundraising efficiency: $5.65 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 80%; rating input score 80; 0th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90.9%; rating input score 91; 23rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 9.6%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 0.27; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 87% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 74.7% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 52.8% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 66.5% of revenue deployed · 73.6% of spending went to programs
  • Governance: 10 of 11 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $690K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 43 of 46 current checks pass · 3 findings to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Financial Efficiency: Fundraising efficiency scored 21/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Schedule G fundraiser detail did not reconcile in the filed values.