Civic Intelligence

Jazz Education Network

990 • Fiscal year 2022 • EIN 26-2880358

Jul 01, 2021 to Jun 30, 2022 • Filed on May 04, 2023

1440 W Taylor St 1135Chicago, IL 60607-4623

(312) 781-6299

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.08x

Higher debt load relative to assets than 65% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

57th percentile

0.04x

Higher debt load relative to revenue than 57% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

63rd percentile

15%

Higher net margin than 63% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

64th percentile

$42,694

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

71st percentile

16%

Faster asset growth than 71% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

87th percentile

91%

Faster revenue growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$375,214

Up $51,975 (+16%) from 2021

Net Assets

Up

$346,322

Up $62,915 (+22%) from 2021

Liabilities

Down

$28,892

Down $10,940 (-27%) from 2021

Revenue

Up

$724,320

Up $345,244 (+91%) from 2021

Expenses

Up

$619,282

Up $254,128 (+70%) from 2021

Net Income

Up

$105,038

Up $91,116 (+654%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2014: $210,098Liabilities 2014: $0Net Assets 2014: $210,0982014Assets 2015: $267,376Liabilities 2015: $0Net Assets 2015: $267,3762015Assets 2016: $294,889Liabilities 2016: $0Net Assets 2016: $294,8892016Assets 2017: $334,408Liabilities 2017: $0Net Assets 2017: $334,4082017Assets 2018: $308,881Liabilities 2018: $388Net Assets 2018: $308,4932018Assets 2019: $343,104Liabilities 2019: $2,856Net Assets 2019: $340,2482019Assets 2020: $297,890Liabilities 2020: $28,405Net Assets 2020: $269,4852020Assets 2021: $323,239Liabilities 2021: $39,832Net Assets 2021: $283,4072021Assets 2022: $375,214Liabilities 2022: $28,892Net Assets 2022: $346,3222022Assets 2023: $321,750Liabilities 2023: $63,674Net Assets 2023: $258,0762023Assets 2024: $495,935Liabilities 2024: $67,066Net Assets 2024: $428,8692024

Highlighted filing

2022

Assets$375,214
Liabilities$28,892
Net Assets$346,322

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2014: $355,194Expenses 2014: $321,636Net Income 2014: $33,5582014Revenue 2015: $441,770Expenses 2015: $384,492Net Income 2015: $57,2782015Revenue 2016: $370,292Expenses 2016: $342,779Net Income 2016: $27,5132016Revenue 2017: $491,053Expenses 2017: $451,534Net Income 2017: $39,5192017Revenue 2018: $512,627Expenses 2018: $525,051Net Income 2018: -$12,4242018Revenue 2019: $608,695Expenses 2019: $576,940Net Income 2019: $31,7552019Revenue 2020: $567,100Expenses 2020: $632,150Net Income 2020: -$65,0502020Revenue 2021: $379,076Expenses 2021: $365,154Net Income 2021: $13,9222021Revenue 2022: $724,320Expenses 2022: $619,282Net Income 2022: $105,0382022Revenue 2023: $562,075Expenses 2023: $650,321Net Income 2023: -$88,2462023Revenue 2024: $772,491Expenses 2024: $601,698Net Income 2024: $170,7932024

Highlighted filing

2022

Revenue$724,320
Expenses$619,282
Net Income$105,038
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 4, 2023
Return Version
2021v4.0
Gross Receipts
$735,118
Mission and Program Overview

Mission

The jazz education network is dedicated to building the jazz arts community by advancing education, promoting performance, and developing new audiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$288,236$266,144▼ $22,092
Investments in Publicly Traded Securities$30,381$86,943▲ $56,562
Accounts Receivable-$12,325-
Prepaid Expenses and Deferred Charges$4,622$9,802▲ $5,180
Total Assets$323,239$375,214▲ $51,975
Liabilities
Mortgage Notes Payable Secured by Investment Property$39,832--
Deferred Revenue-$26,690-
Accounts Payable and Accrued Expenses-$2,202-
Total Liabilities$39,832$28,892▼ $10,940
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$155,314$206,904▲ $51,590
Net Assets With Donor Restrictions$128,093$139,418▲ $11,325
Total Net Assets Fund Balance$283,407$346,322▲ $62,915
Total Liabilities and Net Assets / Fund Balance$323,239$375,214▲ $51,975

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$4,739$4,739
Equipment-$2,545$2,545
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sharon BurchManaging DirectorFT$42,694$42,694

Board Members and Trustees

NameTitle
Lonnie DavisPresident
Ayn InsertoDirector
Bob BreithauptDirector
Doug DuboffDirector
Johnaye KendrickDirector
Jose DiazDirector
Laura GentryDirector
Mary Jo PapichDirector
Pharez WhittedDirector
Roxy CossDirector
Tia FullerDirector
Tim FellowDirector
Trineice Robinson MartinDirector
Sean JonesPast Preside
Todd StollPast Preside
David KauffmanSecretary
Dustin RohrerTreasurer
Ashley ShabankarehVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$547,073
Program Service Revenue
$174,789
Investment Income
$0
Other Revenue
$2,458
All Other Contributions
$108,204
Change in Net Assets
$105,038

Audited Revenue Reconciliation

Revenue per Audited Statements
$724,320
Revenue Not Reported on Form 990
$-13,438
Total Revenue per Audited Statements
$710,882
Total Revenue per Form 990
$724,320
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$388,348
Salaries, Compensation, and Employee Benefits$217,634
Total Fundraising Expense$51,970
Grants and Similar Amounts Paid$13,300
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$159,272--$159,272
Other Salaries and Wages$98,734$11,165$10,724$120,623
Travel$99,335$6,605$3,139$109,079
Current Officers, Directors, Trustees, and Key Employees$59,268$11,854$7,903$79,025
Office Expenses$18,335$4,205$8,913$31,453
Advertising$3,373-$16,028$19,401
Payroll Taxes$14,233$2,074$1,679$17,986
Fees for Services Other$11,611$2,863$3,150$17,624
Fees for Services Accounting-$15,666-$15,666
Grants to Domestic Individuals$13,300--$13,300
Information Technology$1,745$322$402$2,469
Insurance$1,305$990-$2,295
Other Expenses$7,616$11$32$11
Total Functional Expenses$499,929$67,383$51,970$619,282

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$619,282
Total Expenses per Audited Statements$619,282
Total Expenses per Form 990$619,282
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The members of this corporation shall be those persons or organizations who support the purposes of the corporation and pay the required dues for membership. Members shall be entitled to all rights and benefits in accordance wiht the provisions of these bylaws. No person shall be rejected from membership due to race, religion, physical or mental impairment, national origin, sex or age.

Form 990, Page 6, Part VI, Line 7A

Each member in a voting eligible membership category and in good standing shall be entitled to a single vote on such matters as: the election of the board, ratify amendments to the bylaws as per article viii, section 8.1; proposal of a merger or dissolution; the sale of major assets of the corporation or other issues submitted to a vote of the membership. Each corporate, institutional, or affiliate network member shall designate one representative to vote on any matters submitted to the general membership.

Form 990, Page 6, Part VI, Line 7B

Each member in a voting eligible membership category and in good standing shall be entitled to a single vote on such matters as: the election of the board, ratify amendments to the bylaws as per article viii, section 8.1; proposal of a merger or dissolution; the sale of major assets of the corporation or other issues submitted to a vote of the membership. Each corporate, institutional, or affiliate network member shall designate one representative to vote on any matters submitted to the general membership.

Form 990, Page 6, Part VI, Line 11B

The board of directors review the form 990 prior to filing with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

The board of directors and officers of the corporation shall conduct its affairs under the provisions of illinois state law and shall annually disclose their involvement or interest in any contract relating to or incidental to the operations before the corporation, which may be the subject of consideration for the award of a contract, agreement or grant to or from the corporation; and abstain from participation in the consideration of any contract, agreement, purchase or grant award to any agency or vendor with which such member is associated or which he/she has a personal interest or as trustees of trusts, or as agents for other persons or corporations, or may be interested in the same matters as stockholders, directors, or otherwise; provided, however, that any contract transaction, or act on behalf of the corporation in a matter in which the board of directors and officers are personally interested as stockholders, directors, or otherwise shall be at arm's length on any transaction or would result in the denial of tax exemption under the internal revenue code and its regulations as they now exist or as they may hereafter be amended.

Form 990, Page 6, Part VI, Line 15A

The executive and personnel committees review relevant data and propose salary increased for board approval. The full board then reviews and acts on the proposal.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Jazz Education Network
EIN
26-2880358
Phone
3127816299
Address
1440 W TAYLOR ST 1135, CHICAGO, IL 60607-4623

Signing Officer

Name
Dustin Rohrer
Title
Treasurer
Phone
3127816299
Signed
2023-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dustin Rohrer
Formed
2008
Legal Domicile
Il
Voting Board Members
18
Independent Board Members
18
Employees
6
Volunteers
25

Preparer

Firm
Bountiful Peak Advisors
Address
1564 SOUTH 500 WEST SUITE 201, BOUNTIFUL, UT 84010-7400
Preparer
Justin R Shaw CPA Cfe Cgma
Phone
8012943155
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IRS990/Form990PartVIISectionAGrp/TitleTxt10PAST PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt17PAST PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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IRS990/MissionDesc0THE JAZZ EDUCATION NETWORK IS DEDICATED TO BUILDING THE JAZZ ARTS COMMUNITY BY ADVANCING EDUCATION, PROMOTING PERFORMANCE, AND DEVELOPING NEW AUDIENCES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF THIS CORPORATION SHALL BE THOSE PERSONS OR ORGANIZATIONS WHO SUPPORT THE PURPOSES OF THE CORPORATION AND PAY THE REQUIRED DUES FOR MEMBERSHIP. MEMBERS SHALL BE ENTITLED TO ALL RIGHTS AND BENEFITS IN ACCORDANCE WIHT THE PROVISIONS OF THESE BYLAWS. NO PERSON SHALL BE REJECTED FROM MEMBERSHIP DUE TO RACE, RELIGION, PHYSICAL OR MENTAL IMPAIRMENT, NATIONAL ORIGIN, SEX OR AGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER IN A VOTING ELIGIBLE MEMBERSHIP CATEGORY AND IN GOOD STANDING SHALL BE ENTITLED TO A SINGLE VOTE ON SUCH MATTERS AS: THE ELECTION OF THE BOARD, RATIFY AMENDMENTS TO THE BYLAWS AS PER ARTICLE VIII, SECTION 8.1; PROPOSAL OF A MERGER OR DISSOLUTION; THE SALE OF MAJOR ASSETS OF THE CORPORATION OR OTHER ISSUES SUBMITTED TO A VOTE OF THE MEMBERSHIP. EACH CORPORATE, INSTITUTIONAL, OR AFFILIATE NETWORK MEMBER SHALL DESIGNATE ONE REPRESENTATIVE TO VOTE ON ANY MATTERS SUBMITTED TO THE GENERAL MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER IN A VOTING ELIGIBLE MEMBERSHIP CATEGORY AND IN GOOD STANDING SHALL BE ENTITLED TO A SINGLE VOTE ON SUCH MATTERS AS: THE ELECTION OF THE BOARD, RATIFY AMENDMENTS TO THE BYLAWS AS PER ARTICLE VIII, SECTION 8.1; PROPOSAL OF A MERGER OR DISSOLUTION; THE SALE OF MAJOR ASSETS OF THE CORPORATION OR OTHER ISSUES SUBMITTED TO A VOTE OF THE MEMBERSHIP. EACH CORPORATE, INSTITUTIONAL, OR AFFILIATE NETWORK MEMBER SHALL DESIGNATE ONE REPRESENTATIVE TO VOTE ON ANY MATTERS SUBMITTED TO THE GENERAL MEMBERSHIP.

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