Monterey Jazz Festival in Monterey, California (CA)
Table of contents:
| Monterey Jazz Festival | |
| Employer Identification Number (EIN) | 946036515 |
| Name of Organization | Monterey Jazz Festival |
| Address | PO BOX JAZZ, Monterey, CA 93942-0191 |
| Activities | Other cultural or historical activities, Other school related activities |
| Subsection | Educational Organization |
| Ruling Date | 05/1960 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $2,377,027 |
| Amount of Income | $4,096,157 |
| Form 990 Revenue Amount | $3,629,191 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Music |
Non-representatives - add comments:
Amount of income in 2013: $4,096,157 (it was $3,752,437 in 2012)
| Monterey Jazz Festival: | $4,096,157 |
| Other organizations performing similar types of work: | $113,884 |
Assets in 2013: $2,377,027 (it was $2,621,476 in 2012)
| Monterey Jazz Festival: | $2,377,027 |
| Other organizations performing similar types of work: | $78,987 |
Expenses in 2012: $3,532,656
| This organization: | $3,532,656 |
| Other organizations performing similar types of work: | $104,400 |
Income to expenses ratio in 2012: 1.2
| Monterey Jazz Festival: | 1.2 |
| Other organizations performing similar types of work: | 1.0 |
Number of employees in 2012: 207
| Monterey Jazz Festival: | 207 |
| Other organizations performing similar types of work: | 4 |
Employees paid over $100,000 in 2012: 1.0%
| Monterey Jazz Festival: | 1.0% |
| Other organizations performing similar types of work: | 0.0% |
Grants share in income in 2012: 21.4%
| Monterey Jazz Festival: | 21.4% |
| Other organizations performing similar types of work: | 42.0% |
Revenue for 2012
Functional expenses for 2012
Support schedule
| Statements Regarding Other IRS Filings and Tax Compliance (for 2012) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year? | No |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Gross income from members or shareholders | $0 |
| Gross income from other sources | $0 |
| Statement of Revenue (for 2012) | |
| Total revenue | $3,452,824 |
| Contributions, Gifts, Grants and Other Similar Amounts | $738,458 |
| Program Service Revenue | $2,523,933 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $49,317 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $0 |
| Net gain from sales of assets other than inventory | $61,745 |
| Gross amount from sales of assets other than inventory (Securities / Other) | $361,358 / $0 |
| Less: cost or other basis and sales expenses (Securities / Other) | $299,613 / $0 |
| Gain or (loss) (Securities / Other) | $61,745 / $0 |
| Net income from fundraising events | $79,371 |
| Gross income from fundraising events | $79,371 |
| Less: direct expenses | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous Revenue | $0 |
| Statement of Functional Expenses (for 2012) | |
| Total functional expenses | $3,532,656 |
| Compensation of current officers, directors, trustees, and key employees | $221,923 |
| Other salaries and wages | $40,444 |
| Payroll taxes | $0 |
| Professional fundraising services | $0 |
| Other | $3,270,289 |
| Balance Sheet (for 2012) | |
| Total assets | $2,621,476 |
| Total liabilities | $400,985 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $196,606 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other | $204,379 |
| Total net assets or fund balances | $2,220,491 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Reason for Public Charity Status (for 2012) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2012) | |
| 2008 - 2012 Total | |
|---|---|
| Total support | $18,144,631 |
| Gifts, grants, contributions, and membership fees received | $3,854,436 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $14,033,778 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $256,417 |
| Write your review! |
|
|
| Recently Added Reviews |
Ackright Premier Sports Inc in San Dimas, CA
 |
|
Trust Funds Inc in San Francisco, CA
|
| Foothill High School Super Boosters Club in Santa Ana, CA |
Hoi Bac Ai Phanxico Franciscan Charity Inc in San Francisco, CA
 |
|
Cuddlybear Thrift Store Inc in Fortuna, CA
|
Apostle Paul Ministries in Hayward, CA
 |
|
Adat Ari El in N Hollywood, CA
|
| Iglesia De Jesucristo Palabra-Miel in El Cajon, CA |
|
Nze Foundation in Vista, CA
|
|
Sgi-Usa Endowment in Santa Monica, CA
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | San Francisco Jazz Organization | 201 Franklin St, San Francisco, CA 94102-5108 | CA | 1994-05 | $20,497,477 |
| 2 | Young Musicians Foundation | 244 South San Pedro Street, Los Angeles, CA 90012-3856 | CA | 1960-03 | $852,037 |
| 3 | Villa Musica | 10373 Roselle St Ste 170, San Diego, CA 92121-1587 | CA | 2006-10 | $672,285 |
| 4 | The All-American Boys Chorus | PO BOX 1527, Costa Mesa, CA 92628-1527 | CA | 1974-06 | $659,460 |
| 5 | Southern California Foundation Of The Arts | 11500 W Olympic Blvd Ste 501a, Los Angeles, CA 90064-1528 | CA | 1996-04 | $335,154 |
| 6 | Schola Cantorum Inc | 2218 Old Middlefield Way Ste G, Mountain View, CA 94043-2400 | CA | 1979-10 | $263,379 |
| 7 | Santa Barbara Mariachi Festival Inc | PO BOX 153, Santa Barbara, CA 93102-0153 | CA | 1998-06 | $245,462 |
| 8 | Youth Orchestras Of Fresno | 444 W Shaw Ave, Fresno, CA 93704-2511 | CA | 1996-05 | $229,585 |
| 9 | Yarlung Artists | 10920 Wilshire Blvd 150-9162, Los Angeles, CA 90024-6502 | CA | 2007-08 | $111,340 |
| 10 | West Coast Ragtime Society | PO BOX 13346, Sacramento, CA 95813-3346 | CA | 2000-11 | $75,948 |
| 11 | Westwind Brass Inc | PO BOX 601502, San Diego, CA 92160-1502 | CA | 1997-02 | $56,121 |
| 12 | South Bay Guitar Society Of San Jose | 72 N 5th St, San Jose, CA 95112-5417 | CA | 1996-12 | $55,598 |
| 13 | The California Ear Unit Foundation, California Ear Unit | 29654 Driver Avenue, Castaic, CA 91384 | CA | 1988-03 | $55,126 |
| 14 | Valley Artist Productions Inc | 1302 Oak Ave, Davis, CA 95616-1933 | CA | 1978-12 | $35,743 |
| 15 | Santa Cruz Bluegrass Society, Northern California Bluegrass Socie | PO BOX 390846, Mountain View, CA 94039-0846 | CA | 1994-11 | $35,325 |
| 16 | Sweet And Hot Music Foundation Inc | PO BOX 642269, Los Angeles, CA 90064-7168 | CA | 1996-07 | $20,823 |
| 17 | Bella Musica Inc | PO BOX 9343, Berkeley, CA 94709 | CA | 1998-06 | $0 |
| 18 | Pomona Valley Community Concert Association Inc, Inland Empire Community Concert Organization | Po Box 1896, Ontario, CA 91786 | CA | 1984-08 | $0 |
| 19 | Tehachapi Community Orchestra Foundation | 782 Tucker Rd Pmb 400, Tehachapi, CA 93561 | CA | 1998-08 | $0 |
| 20 | Theatre Organ Society Of San Diego | Po Box 712336, Santee, CA 92072 | CA | 1984-12 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 428 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Monterey Jazz Festival »
Non-representatives - add comments about Monterey Jazz Festival»