San Francisco Jazz Organization

Nonprofit profile at a glance

EIN
942990335
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
San Francisco, CA, USA
Phone
4153985655
Rating
85
Verdict
STRONG
Rating confidence
Standard
Sector
Music

Official website

Reported finances

Revenue
$18,037,460
Expenses
$22,856,236
Assets
$62,029,757
Liabilities
$20,197,436

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

Leadership & pay

37 people listed

Executive titles in this filing

  • GREG STERN (CEO (THRU 12/31/24))

Highest reported compensation

  • GREG STERN (CEO (THRU 12/31/24)): $422,489 total reported compensation
  • TERENCE BLANCHARD (EXECUTIVE ARTISTIC DIRECTOR): $289,584 total reported compensation
  • JUDITH GUM (CFO): $224,651 total reported compensation

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

Overview

Mission

The san francisco jazz organization (the organization) is a recognized international leader in jazz creation, presentation, and education. The organization explores the full spectrum of jazz, from the music's origins in the african american community to its diverse present-day expressions around the world. As a non-profit organization, sfjazz works to develop the audience for jazz in the san francisco bay area and beyond. The organization celebrates jazz as a living art form, built on a constantly evolving tradition.

What it reported doing in 2024

Education: the organization also sponsors year-round education programs for youth and adults aimed at building the audience for jazz and deepening their understanding of jazz music.sfjazz education programs for youth are the following: jazz in the middle - throughout the academic year, sfjazz provides curriculum-based residencies, linking jazz and academic subjects in the classroom. Offered free of charge to sfusd middle schools, the program fosters the connections between classroom curricula and the arts. The goal of jazz in the middle is to build literacy skills through understanding of the historical context and cultural dimensions of music, with students responding creatively to elements of music and applying what they learn to writing and other subjects.sfjazz high school all-stars - throughout the academic year, sfjazz provides advanced jazz training and performance opportunities for talented young musicians in both big band and small ensemble formats, selected annually by competitive audition (free to participants).meet the masters - a series of workshops, school assemblies, open rehearsals, salons, master classes, mentoring sessions, community events and interactive performances by jazz masters, bring world-class jazz artists.discover jazz history and appreciation classes: discover jazz dives into the colorful mythology and history of jazz, swinging right into the music's key figures, recordings, forms, and ideas. Each class hits upon essential concepts that, when taken as a complete series, give any fan the ability to hear between the lines of great jazz performances. In addition to the class content, there will be interactive live jazz performances, giving participants immediate access to the process and practice of the jazz musician.sfjazz adult and family education programs are the following: discover jazz - weekly evening music appreciation classes for adults, offering entertaining and informative insights into jazz music, history and culture; presented in association with the jewish community center of san francisco.pre-concert talks - enlightening free pre-show discussions from the stage in which jazz artists, scholars, and industry professionals offer insights to enhance audience appreciation of selected concerts and films.jazz listening parties - free to sfjazz members, these popular events hosted by leading jazz artists feature relaxed discussion and guided listening to recorded works.family matinee concerts - created with families in mind, this series showcases leading musicians in reduced-price, hour-long, afternoon concerts, combining world-class artistry with interactive discussion and audience participation.

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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 100
  • Accountability: 98
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.1%; rating input score 86
  • Program expense ratio: 67.4%; rating input score 67
  • Fundraising efficiency: $6.53 raised per $1 spent on fundraising; rating input score 27; 27th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 6 of 6 controls in place; rating input score 100
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 96.6%; rating input score 97; 30th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -26.7%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 2.71; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0.33; rating input score 44; 44th percentile among comparable filings
  • Officer compensation ratio: 7.6%; rating input score 32; 32nd percentile among comparable filings

Growth

  • Program expense growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
  • Revenue growth: 1.6% per year; rating input score 100; 15th percentile among comparable filings
  • Asset growth: 1% per year; rating input score 100; 14th percentile among comparable filings

Details

  • Where the money goes: 86.1% of revenue deployed · 67.4% of spending went to programs
  • Governance: 28 of 29 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $15.4M in reported program spending
  • Leadership: top reported pay $422K · 37 people listed · 6 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.5M reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 27/100.
  • High — Sustainability: Operating margin scored 3/100.
  • Moderate — Sustainability: Officer compensation ratio scored 32/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 44/100.