Pappy Martin Legacy Jazz Collective Inc

Nonprofit profile at a glance

EIN
831103609
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022, Form 990-N 2021
Location
Buffalo, NY, USA
Phone
7164910994
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Music

Official website

Reported finances

Revenue
$399,278
Expenses
$289,588
Assets
$158,914
Liabilities
$0

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

Leadership & pay

9 people listed

Executive titles in this filing

  • DAWN BERRY-WALKER (Executive Director)

Highest reported compensation

  • DAWN BERRY-WALKER (Executive Director): $10,500 total reported compensation
  • ROSLYN OWENS (Treasurer): $100 total reported compensation

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

Overview

Mission

Our mission is to execute a multi-pronged approach to perpetuate the historical, cultural, spritual and artistic significance of Jazz for current and future generations through live performances and various other outreach programming.

What it reported doing in 2024

PAPPY MARTIN LEGACY-MASTEN JAZZ FESTIVAL: The Annual Pappy Martin Legacy-Masten Jazz Festival presents ten live jazz performances during this free 2-day outdoor festival and is the most popular and well attended of our presentations. Held in the heart of Buffalo on the last two Sundays in July from 2pm-8pm, it continues to welcome one of the most diverse Western New York audiences. This years audience of approximately 3,500 attendees were treated to performances featuring 52 stellar Jazz artists that included two National Endowment of the Arts Jazz Masters Kenny Garrett and the late Louis Hayes, creating an impressive line-up. The festival offers an atmosphere within audience members have the opportunity to elevate their consciousness and love of a culture called jazz. By keeping the festival free, centrally located and open to all in the community it executes its mission to create opportunities for diverse community engagement.

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 99% 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: 73
  • Transparency & Controls: 92
  • Accountability: 91
  • Sustainability: 59
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.3%; rating input score 65
  • Program expense ratio: 90%; rating input score 90
  • Fundraising efficiency: $29.17 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 27.5%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 0.55; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 3.7%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: -1.8% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: 38.2% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 30.6% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 65.3% of revenue deployed · 90% of spending went to programs
  • Governance: 8 of 8 board members independent · 7 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $261K in reported program spending
  • Leadership: top reported pay $10K · 9 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.