Taos Jazz Bebop Society Inc

Nonprofit profile at a glance

EIN
472719636
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Taos, NM, USA
Phone
5757583147
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Music

Reported finances

Revenue
$110,652
Expenses
$89,393
Assets
$17,892
Liabilities
$10,197

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Judy Tipton-Katzman (president)

People named in this filing

  • Eric Gladstone (treasurer)
  • Judy Tipton-Katzman (president)
  • amalio madueno (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Produce live jazz performances for the coummunity of taos

What it reported doing in 2025

Live Sunday Brunch Series -- $8k a. Featured: In-State NM jazz musicians live b. 6 single Sunday brunch performances over 12 months at 1 venue c. 500+ attendance d. Youth musician performance & education component Youth Education and Performance Program -- $2k a. Featured: In-State NM youth jazz musicians & students b. 1 single Sunday brunch performance c. 100+ attendance at all other venues and d. Youth musician selection, audition, performance & education

Operating model

Revenue model
Donor-supported. 74% of the money available for current operations came from contributions and gifts.
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. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 100
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.6%; rating input score 72
  • Program expense ratio: 88.4%; rating input score 88

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: 19.2%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 0.2; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0.57; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 12.1% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 31.5% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 79.7% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 71.6% of revenue deployed · 88.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $79K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • 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.

  • Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.