Civic Intelligence

Jam Room Foundation

EIN 45-5003051 • 501(c)3 • Columbia, SC

Profile

The mission of the Jam Room Foundation is to provide performance opportunities for local and regional talent, as well as nationally acclaimed acts, and to encourage and support musicians of all ages in pursuit of their artistic ambitions in an effort to improve the arts scene and contribute to the overall livability of central South Carolina

201 S Prospect StColumbia, SC 29205

jamroommusicfestival.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

9.73x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

13th percentile

-72%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$12,705

Up $438 (+3.6%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$12,705

Up $438 (+3.6%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin99th percentile

Revenue

Down

$5,958

Down $60,193 (-91%) from 2023

Expenses

Down

$50

Down $2 (-3.8%) from 2023

Net Income

Down

$5,908

Down $60,191 (-91%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth13th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0-$50K-$100KAssets 2016: $21,913Liabilities 2016: $0Net Assets 2016: $21,9132016Assets 2017: $8,456Liabilities 2017: $0Net Assets 2017: $8,4562017Assets 2018: $13,283Liabilities 2018: $0Net Assets 2018: $13,2832018Assets 2019: $31,136Liabilities 2019: $0Net Assets 2019: $31,1362019Assets 2020: $22,306Liabilities 2020: $0Net Assets 2020: $22,3062020Assets 2021: $22,254Liabilities 2021: $0Net Assets 2021: $22,2542021Assets 2022: $6,168Liabilities 2022: $60,000Net Assets 2022: -$53,8322022Assets 2023: $12,267Liabilities 2023: $0Net Assets 2023: $12,2672023Assets 2024: $12,705Net Assets 2024: $12,7052024

Highlighted filing

2024

Assets$12,705
Liabilities-
Net Assets$12,705
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50K-$100KRevenue 2016: $56,189Expenses 2016: $56,023Net Income 2016: $1662016Revenue 2017: $61,433Expenses 2017: $74,890Net Income 2017: -$13,4572017Revenue 2018: $89,034Expenses 2018: $84,207Net Income 2018: $4,8272018Revenue 2019: $88,010Expenses 2019: $70,157Net Income 2019: $17,8532019Revenue 2020: $23,125Expenses 2020: $2,050Net Income 2020: $21,0752020Revenue 2021: $0Expenses 2021: $52Net Income 2021: -$522021Revenue 2022: -$75,986Expenses 2022: $100Net Income 2022: -$76,0862022Revenue 2023: $66,151Expenses 2023: $52Net Income 2023: $66,0992023Revenue 2024: $5,958Expenses 2024: $50Net Income 2024: $5,9082024

Highlighted filing

2024

Revenue$5,958
Expenses$50
Net Income$5,908
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,705
Liabilities
-
Net assets
$12,705
Revenue
$5,958
Expenses
$50
Net income
$5,908
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.7$12.7$5.96$0.05$5.91
2023Detailed filing. Detailed filing data is available for this year.$12.3$0.00$12.3$66.2$0.05$66.1
2022Detailed filing. Detailed filing data is available for this year.$6.17$60.0$53.8$76.0$0.10$76.1
2021Detailed filing. Detailed filing data is available for this year.$22.3$0.00$22.3$0.00$0.05$0.05
2020Detailed filing. Detailed filing data is available for this year.$22.3$0.00$22.3$23.1$2.05$21.1
2019Detailed filing. Detailed filing data is available for this year.$31.1$0.00$31.1$88.0$70.2$17.9
2018Detailed filing. Detailed filing data is available for this year.$13.3$0.00$13.3$89.0$84.2$4.83
2017Detailed filing. Detailed filing data is available for this year.$8.46$0.00$8.46$61.4$74.9$13.5
2016Detailed filing. Detailed filing data is available for this year.$21.9$0.00$21.9$56.2$56.0$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 1, 2025
Return Version
2024v5.1
Gross Receipts
$134,880
Mission and Program Overview

Mission

The mission of the Jam Room Foundation is to provide performance opportunities for local and regional talent, as well as nationally acclaimed acts, and to encourage and support musicians of all ages in pursuit of their artistic ambitions in an effort to improve the arts scene and contribute to the overall livability of central South Carolina

Program Services

DescriptionGrantsExpenses
The mission of the Jam Room Foundation is to provide performance opportunities for local and regional talent, as well as nationally acclaimed acts, and to encourage and support musicians of all ages in pursuit of their artistic ambitions in an effort to improve the arts scene and contribute to the overall livability of central South Carolina--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David StringerBoard Chairman-$0--
Phill BlairVice-Chairman-$0--
Beth LawsonSecretary-$0--
Dana WitoskiDirector-$0--
Laura CaskeyDirector-$0--
Mazie CookDirector-$0--
Jay MathesonExecutive Director-$0--
Gabe CrawfordDirector-$0--
Derek RileyTreasurer-$0--
Steve GibsonDirector-$0--
Sara ThomasDirector-$0--
Tiffany WiderDirector-$0--
Trey LoftonDirector-$0--
Marcum CoreDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Jam Room Music Festival$25,119$25,119$128,922$-103,803
Total Events$25,119$25,119$128,922$-103,803
Filing and Contact Details

Filer

Filer Name
Jam Room Foundation
EIN
45-5003051
Address
201 S PROSPECT ST, Columbia, SC 29205

Signing Officer

Name
Jay Matheson
Title
Executive Director
Signed
2025-05-01
Discuss with paid preparer
Yes

Preparer

Firm
The Hobbs Group PA
Address
1704 Laurel Street, Columbia, SC 29201
Preparer
Jeff Nates CPA
Phone
8037990555
Supplemental Narrative

Additional Explanations

Other Expenses.1

“Registration & Dues (mgt) $50”

Raw XML Appendix198 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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