Washington Jazz Arts Institute
Nonprofit profile at a glance
- EIN
- 522120676
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Washington, DC, USA
- Phone
- 2027443184
- Rating confidence
- Limited
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $72,400
- Expenses
- $86,200
- Assets
- $79,365
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- DAVEY YARBOROUGH (PRESIDENT)
People named in this filing
- DAVEY YARBOROUGH (PRESIDENT)
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
Music education
What it reported doing in 2024
The primary program of the organization has provided free music educatoin and instruments to students in the Washington dc area since 1998. We consistently serve 40 - 60 students annually.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
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: -19.1%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 0.92; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 12.3%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 20.2% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 16.4% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 2.9% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Sustainability: Operating margin scored 24/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Sustainability: Officer compensation ratio scored 9/100.