Civic Intelligence

Jazz at Aspen-Snowmass

EIN 84-1220222 • 501(c)3 • Aspen, CO

Profile

The mission of jazz aspen snowmass is to present and preserve jazz and related forms of music through world-class festivals, performances and education programs.

110 E Hallam Street No 118Aspen, CO 81611

www.jazzaspen.org

Siviq Scores

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

Liabilities / Assets

24th percentile

0.04x

Higher debt load relative to assets than 24% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

14th percentile

0.04x

Higher debt load relative to revenue than 14% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

92nd percentile

59%

Higher net margin than 92% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$373,687

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

97th percentile

96%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

44%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$34,667,641

Up $16,940,944 (+96%) from 2023

Liabilities

Down

$1,333,585

Down $987,669 (-43%) from 2023

Net Assets

Up

$33,334,056

Up $17,928,613 (+116%) from 2023

Operations
Liabilities / Revenue14th percentileNet Margin92nd percentile

Revenue

Up

$30,394,725

Up $9,228,656 (+44%) from 2023

Expenses

Down

$12,466,112

Down $1,200,635 (-8.8%) from 2023

Net Income

Up

$17,928,613

Up $10,429,291 (+139%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth97th percentile

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

$40M$30M$20M$10M$0-$10MAssets 2010: $909,123Liabilities 2010: $1,311,443Net Assets 2010: -$402,3202010Assets 2011: $784,931Liabilities 2011: $1,208,886Net Assets 2011: -$423,9552011Assets 2012: $978,180Liabilities 2012: $910,030Net Assets 2012: $68,1502012Assets 2013: $1,329,893Liabilities 2013: $805,629Net Assets 2013: $524,2642013Assets 2014: $1,738,547Liabilities 2014: $663,673Net Assets 2014: $1,074,8742014Assets 2015: $1,713,444Liabilities 2015: $505,497Net Assets 2015: $1,207,9472015Assets 2016: $1,899,368Liabilities 2016: $772,146Net Assets 2016: $1,127,2222016Assets 2017: $2,795,015Liabilities 2017: $1,038,100Net Assets 2017: $1,756,9152017Assets 2018: $3,186,165Liabilities 2018: $1,332,909Net Assets 2018: $1,853,2562018Assets 2019: $3,398,335Liabilities 2019: $1,578,622Net Assets 2019: $1,819,7132019Assets 2020: $4,359,966Liabilities 2020: $1,847,403Net Assets 2020: $2,512,5632020Assets 2021: $5,325,438Liabilities 2021: $1,045,146Net Assets 2021: $4,280,2922021Assets 2022: $8,959,166Liabilities 2022: $1,053,045Net Assets 2022: $7,906,1212022Assets 2023: $17,726,697Liabilities 2023: $2,321,254Net Assets 2023: $15,405,4432023Assets 2024: $34,667,641Liabilities 2024: $1,333,585Net Assets 2024: $33,334,0562024

Highlighted filing

2024

Assets$34,667,641
Liabilities$1,333,585
Net Assets$33,334,056
Open 2024 Filing

Operations Trend

Revenue Growth86th percentile

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $7,331,4182010Expenses 2011: $6,434,6502011Expenses 2012: $5,484,8992012Revenue 2013: $6,337,971Expenses 2013: $5,881,857Net Income 2013: $456,1142013Revenue 2014: $6,967,579Expenses 2014: $6,416,969Net Income 2014: $550,6102014Revenue 2015: $7,115,898Expenses 2015: $6,982,825Net Income 2015: $133,0732015Revenue 2016: $8,973,768Expenses 2016: $9,028,608Net Income 2016: -$54,8402016Revenue 2017: $9,746,560Expenses 2017: $9,116,867Net Income 2017: $629,6932017Revenue 2018: $10,560,682Expenses 2018: $10,464,341Net Income 2018: $96,3412018Revenue 2019: $10,230,272Expenses 2019: $10,263,817Net Income 2019: -$33,5452019Revenue 2020: $2,832,641Expenses 2020: $2,139,791Net Income 2020: $692,8502020Revenue 2021: $11,239,996Expenses 2021: $9,472,267Net Income 2021: $1,767,7292021Revenue 2022: $14,085,027Expenses 2022: $10,459,198Net Income 2022: $3,625,8292022Revenue 2023: $21,166,069Expenses 2023: $13,666,747Net Income 2023: $7,499,3222023Revenue 2024: $30,394,725Expenses 2024: $12,466,112Net Income 2024: $17,928,6132024

Highlighted filing

2024

Revenue$30,394,725
Expenses$12,466,112
Net Income$17,928,613
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$34,667,641
Liabilities
$1,333,585
Net assets
$33,334,056
Revenue
$30,394,725
Expenses
$12,466,112
Net income
$17,928,613
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.7$1.33$33.3$30.4$12.5$17.9
2023Summary only. Only limited summary data is available for this year.$17.7$2.32$15.4$21.2$13.7$7.50
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.96$1.05$7.91$14.1$10.5$3.63
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.33$1.05$4.28$11.2$9.47$1.77
2020Summary only. Only limited summary data is available for this year.$4.36$1.85$2.51$2.83$2.14$0.69
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.40$1.58$1.82$10.2$10.3$0.03
2018Summary only. Only limited summary data is available for this year.$3.19$1.33$1.85$10.6$10.5$0.10
2017Summary only. Only limited summary data is available for this year.$2.80$1.04$1.76$9.75$9.12$0.63
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.77$1.13$8.97$9.03$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$0.51$1.21$7.12$6.98$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.74$0.66$1.07$6.97$6.42$0.55
2013Detailed filing. Detailed filing data is available for this year.$1.33$0.81$0.52$6.34$5.88$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.91$0.07$5.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$1.21$0.42$6.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$1.31$0.40$7.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jul 16, 2025
Return Version
2023v6.0
Gross Receipts
$30,410,900
Mission and Program Overview

Mission

The mission of jazz aspen snowmass is to present and preserve jazz and related forms of music through world-class festivals, performances and education programs.

The mission of jaz aspen snowmass is to present and preserve jazz and related forms of music through world-class festivals, performances and education programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,116,475$16,819,812▲ $14,703,337
Pledges and Grants Receivable$8,741,730$13,735,075▲ $4,993,345
Savings and Temporary Cash Investments$6,131,204$2,579,339▼ $3,551,865
Land, Buildings, and Equipment, Net$76,402$778,465▲ $702,063
Accounts Receivable$329,467$381,071▲ $51,604
Prepaid Expenses and Deferred Charges$62,465$102,723▲ $40,258
Inventories for Sale or Use$14,376$16,578▲ $2,202
Total Assets$17,726,697$34,667,641▲ $16,940,944
Other Assets Total$254,578$254,578→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,227,418$1,246,721▼ $980,697
Deferred Revenue$92,336$86,864▼ $5,472
Mortgage Notes Payable Secured by Investment Property$1,500$0▼ $1,500
Total Liabilities$2,321,254$1,333,585▼ $987,669
Net Assets / Fund Balance
Net Assets With Donor Restrictions$11,069,361$26,971,273▲ $15,901,912
Net Assets Without Donor Restrictions$4,336,082$6,362,783▲ $2,026,701
Total Net Assets Fund Balance$15,405,443$33,334,056▲ $17,928,613
Total Liabilities and Net Assets / Fund Balance$17,726,697$34,667,641▲ $16,940,944

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$709,334-$709,334
Equipment$33,195$429,161$462,356
Leasehold Improvements$35,936$59,975$95,911
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James HorowitzPresident & CEOFT$351,809$21,878$373,687
Andrea BeardChief Operating OfficerFT$171,915$22,481$194,396
Holly UpperSenior Vice PresidentFT$156,101$9,635$165,736
Cheryl RuppelDirector of FinanceFT$127,236-$127,236

Board Members and Trustees

NameTitle
Rick CrandallChairman Emeritus & Strate
Andrew PaulChairman of the Board
Donna Di IanniCo-national Council Chair
Nat ZilkhaCo-national Council Chair
Judith SteinbergCompensation Chair
Donna SladeEducation Chair
Scott MillerGovernance Chair
James S LevineProgramming Chair
Cari KuhlmanTreasurer & Finance Chair
John SeyboldCo-vice Chair
Richard GoodmanCo-vice Chair
Bill MadsenDirector
Chris BankDirector
Chris LacroixDirector
David RothDirector
Deborah Newman SharpeDirector
Don RosenbergDirector
Earl MichieDirector
Elisha ZanderDirector
Gerald GraysonDirector
James MarcusDirector
James R JackowayDirector
Joseph L FelsonDirector
Joseph L ShermanDirector
Kiki EsrickDirector
Mone Jim AnathanDirector
Rob FaktorowDirector
Robert MannDirector
Shawn ThomsonDirector
Sidney BrownDirector
Susan CrownDirector
Tim LaroseAt-large
Kathryn Fleck PeisachJas Center Campaign Liaiso

Highest Paid Contractors

ContractorServicesLocationCompensation
Zenith Touring INCMusicians10510 NORTHUP WAY STE 300, Kirkland, WA 98033$2,000,000
Three Flights Touring INCMusicians700 HARRIS ST 201, Chartlottesville, VA 22903$1,250,000
Two Up Two Down LLCMusiciansPO BOX 121859, Nashville, TN 37212$750,000
Aspen Skiing CompanyCatering And Event Operations407 ABC STE S, Aspen, CO 81611$592,753
Brown Note ProductionsAv And Staging471 EAST 124TH AVE, Thornton, CO 80241$250,574
Revenue and Support

Revenue Composition

Contributions and Grants
$26,134,569
Program Service Revenue
$3,654,431
Investment Income
$535,514
Other Revenue
$70,211
All Other Contributions
$26,048,244
Change in Net Assets
$17,928,613

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded10$1,250,865Fair Market Value (FMV)
Total Noncash Contributions10$1,250,865-

Audited Revenue Reconciliation

Revenue per Audited Statements
$30,394,725
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$539,492
Total Revenue per Audited Statements
$30,934,217
Total Revenue per Form 990
$30,394,725
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,081,782
Salaries, Compensation, and Employee Benefits$1,323,210
Total Fundraising Expense$482,031
Grants and Similar Amounts Paid$61,120
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$501,400$207,458$239,000$947,858
Other Employee Benefits-$276,895-$276,895
Office Expenses$2,450$181,165-$183,615
Insurance-$177,893-$177,893
Other Expenses$79,155$4,895$42,000$126,050
Payroll Taxes$33,835$45,999$18,623$98,457
Occupancy-$57,861-$57,861
Grants to Domestic Individuals$51,120--$51,120
Advertising--$37,312$37,312
Fees for Services Accounting-$31,514-$31,514
All Other Expenses$2,783$26,618-$29,401
Fees for Services Legal-$25,897-$25,897
Depreciation Depletion$9,771$6,000-$15,771
Grants to Domestic Orgs$10,000--$10,000
Fees for Services Other--$750$750
Total Functional Expenses$10,936,886$1,047,195$482,031$12,466,112

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$13,005,604
Expenses per Audited Statements$12,466,112
Total Expenses per Form 990$12,466,112
Expenses Not Reported on Form 990$539,492
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Roaring Fork School District Crystal River Elementary SchoolCarbondale, CO-Donation to Local Schools$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$86,386
Fundraising Direct Expenses$16,175
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Silent Auction$94,585$86,386$16,175$70,211
Other----
Total Events$94,585$86,386$16,175$70,211
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
Backup withholding compliance
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Three members of the board have a business relationship.”

Form 990, Part VI, Section B, Line 11B

“A draft of the form 990 is presented to key members of management and board officers for review. Once reviewed and approved by these members the return is filed.”

Form 990, Part VI, Section B, Line 12C

“Each director, officer and employee shall be provided with and asked to review a copy of the conflict of interest policy and acknowledge in writing that he or she has done so. Annually each director, officer and employee shall complete a disclosure form identifying any relationship, positions or circumstances in which he/she is involved that he/she believes could contribute to a conflict of interest.”

Form 990, Part VI, Section B, Line 15

“15a - executive committee 15b - board makes the recommendation and ceo makes final decision”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Jazz at Aspen-snowmass
EIN
84-1220222
Phone
9709204996
Address
110 E HALLAM STREET NO 118, ASPEN, CO 81611

Signing Officer

Name
James Horowitz
Title
President, CEO
Phone
9709264996
Signed
2025-07-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Horowitz
Formed
1992
Legal Domicile
Co
Voting Board Members
34
Independent Board Members
32
Employees
134
Volunteers
175

Preparer

Firm
Mcmahan and Associates LLC
Address
PO BOX 5850, AVON, CO 81620
Preparer
Paul J Backes CPA
Phone
9708458800
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. The tax-exempt status of the organization and various positions related to the potential sources of unrelated business taxable income (ubit). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the year ended september 30 2021.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising event expenses”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising event expenses”

Raw XML AppendixShowing 400 of 837 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01246721
IRS990/AccountsReceivableGrp/BOYAmt0329467
IRS990/AccountsReceivableGrp/EOYAmt0381071
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF JAZ ASPEN SNOWMASS IS TO PRESENT AND PRESERVE JAZZ AND RELATED FORMS OF MUSIC THROUGH WORLD-CLASS FESTIVALS, PERFORMANCES AND EDUCATION PROGRAMS.
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IRS990/ConsolidatedAuditFinclStmtInd00
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0ZENITH TOURING INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1THREE FLIGHTS TOURING INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2TWO UP TWO DOWN LLC
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IRS990/ContractorCompensationGrp/ServicesDesc1MUSICIANS
IRS990/ContractorCompensationGrp/ServicesDesc2MUSICIANS
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IRS990/Desc0FESTIVALS AND PERFORMANCES INCLUDE THE JAS CAF SERIES, JUNE EXPERIENCE AND LABOR DAY EXPERIENCE. THE JAS CAF HOSTED 20 NIGHTS OF PERFORMANCES OVER THE WINTER AND SUMMER SERIES, WHILE THE JAS JUNE EXPERIENCE TOOK OVER DOWNTOWN ASPEN WITH OVER 40 PERFORMANCES TAKING PLACE IN 12 DIFFERENT VENUES. THE JAS LABOR DAY EXPERIENCE ATTRACTED 28,514 ATTENDEES AT THE ANNUAL 3-DAY EVENT. ALONG WITH PERFORMANCES, THE CAFS OFFER MUSIC EDUCATION OPPORTUNITIES THROUGH LISTEN UP! PRE-SHOW DISCUSSIONS WHERE ARTISTS ARE INTERVIEWED ABOUT THEIR MUSICAL BACKGROUNDS AND EXPERIENCES AS WELL AS OFFERING "JAS CAF CORNER" BLOGS AND PROGRAM ADDITIONS HIGHLIGHTING THE HISTORY OF JAZZ.
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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR
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