Civic Intelligence

Jam Room Foundation

990EZ • Fiscal year 2022 • EIN 45-5003051

Jan 01, 2022 to Dec 31, 2022 • Filed on May 07, 2023

Organization Profilejamroommusicfestival.com
201 S Prospect StColumbia, SC 29205

(803) 787-6908

Siviq Scores

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

Liabilities / Assets

99th percentile

9.73x

Higher debt load relative to assets than 99% of similar nonprofits.

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

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

Asset Growth

6th percentile

-72%

Faster asset growth than 6% of similar nonprofits.

2022 filings • 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 / Assets99th percentile

Assets

Down

$6,168

Down $16,086 (-72%) from 2021

Net Assets

Down

-$53,832

Down $76,086 (-342%) from 2021

Liabilities

Up

$60,000

Up $60,000 from 2021

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Down

-$75,986

Down $75,986 from 2021

Expenses

Up

$100

Up $48 (+92%) from 2021

Net Income

Down

-$76,086

Down $76,034 (-146219%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$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

2022

Assets$6,168
Liabilities$60,000
Net Assets-$53,832
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue-$75,986
Expenses$100
Net Income-$76,086
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 7, 2023
Return Version
2022v5.0
Gross Receipts
$14,599
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 Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wade SellersGovernance-$0--
Shelley MageeMember-$0--
David HuntMember-$0--
David CampbellFinance Chair-$0--
Phil BlairPlanning-$0--
Donna RodgersMember-$0--
Jay MathesonExecutive Director-$0--
Rachel CarterPresident-$0--
Derek RileyTreasurer-$0--
Stan GardnerVice Chair-$0--
Dan CookMember-$0--
Jill ArmbrusterSecretary-$0--
Brian DolphinMember-$0--
Trae JudyMember-$0--
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
2023-05-07
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 $100”

Total Liabilities.1

“Loans from Officers - Beginning $0 Loans from Officers - Ending $60000”

Raw XML Appendix201 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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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OtherExpensesTotalAmt0100
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Jay Matheson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-07
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ReturnHeader/Filer/EIN0455003051
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
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ReturnHeader/PreparerPersonGrp/PhoneNum08037990555
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ReturnHeader/ReturnTs02023-05-09T10:55:50-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jay
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Matheson
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,168
Liabilities
$60,000
Net assets
-$53,832
Revenue
-$75,986
Expenses
$100
Net income
-$76,086
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