JAZZ FOUNDATION OF AMERICA INC Charity Report

Public IRS 990 nonprofit record

JAZZ FOUNDATION OF AMERICA INC

EIN 13-3631523 · Philanthropy, Voluntarism & Grantmaking Foundations (T70Z)

What they do

The Jazz Foundation of America is A Nonprofit That Assists Jazz and Blue Musicians By Providing Emergency Assistance and Creating Work Opportunities.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders35 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

62.46%of revenue went to mission work82.1% of expenses · Program services

2.77%of revenue went to fundraising3.6% of expenses

$76.10spent for every $100 of revenueRevenue covered expenses this year.

10.87%of revenue went to management and office costs14.3% of expenses

$12.22in assets for every $1 spent this yearSome assets cannot be spent right away.

30.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $211,372 for JOSEPH PETRUCELLI (EXECUTIVE DIR.). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$7,994,679

Mission workProgram services$4,993,23962.46% of revenue82.1% of expenses

ManagementOffice and general costs$869,39210.87% of revenue14.3% of expenses

FundraisingAsking for donations$221,3362.77% of revenue3.6% of expenses

Revenue left after expensesReported annual surplus$1,910,71223.90% of revenueShown in gray on the chart

Total expenses$6,083,96776.10% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 82.1% mission · 14.3% management · 3.6% fundraisingTotal expenses: 76.10% of revenue

2023Expense mix: 68.5% mission · 23.3% management · 8.3% fundraisingTotal expenses: 9.79% of revenue

2022Expense mix: 67.9% mission · 24.6% management · 7.5% fundraisingTotal expenses: 384.13% of revenue

2021Expense mix: 73.6% mission · 19.9% management · 6.5% fundraisingTotal expenses: 125.83% of revenue

2020Expense mix: 81.7% mission · 11.7% management · 6.6% fundraisingTotal expenses: 66.42% of revenue

2019Expense mix: 77.4% mission · 16.1% management · 6.5% fundraisingTotal expenses: 14.79% of revenue

2018Expense mix: 75.8% mission · 17.3% management · 6.9% fundraisingTotal expenses: 169.86% of revenue

2017Expense mix: 81.3% mission · 12.8% management · 5.9% fundraisingTotal expenses: 101.35% of revenue

Money in and money out

Revenue$7,994,679

Expenses$6,083,967

Annual surplus $1,910,712 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,993,239 · 82.1% of expenses

Management and office costs$869,392 · 14.3% of expenses

Fundraising$221,336 · 3.6% of expenses

See all reported dollar amounts

Revenue$7,994,679

Expenses$6,083,967

Assets$74,333,954

Income$23,070,211

Contributions$2,414,686

Mission work (program services)$4,993,239

Fundraising$221,336

Management and general$869,392

Executive compensation (total)$623,154

Stocks and bonds$5,201,524

Accounting fees$38,937

Investing fees$254,932

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JOSEPH PETRUCELLIEXECUTIVE DIR. · 40 hrs/week $211,372Base $190,669 · Other $20,703

DARYL DUNBARCFO · 40 hrs/week $176,264Base $156,912 · Other $19,352

STEVE JORDANARTISTIC DIR. · 15 hrs/week $164,756Base $158,419 · Other $6,337

BRIDGET SULLIVANDIR OF GIVING · 40 hrs/week $139,251Base $121,322 · Other $17,929

PETR VERNERDIR. OF OPERATIONS · 40 hrs/week $119,938Base $102,752 · Other $17,186

WILL GLASSPGRM DIRECTOR · 40 hrs/week $118,136Base $87,438 · Other $30,698

ALISA HAFKINDIR SOCIAL SVRS · 40 hrs/week $112,116Base $95,231 · Other $16,885

VERONIKA CHATELAINPGRM DIR. JAZZ LEG · 40 hrs/week $111,589Base $94,220 · Other $17,369

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (35)

JOSEPH PETRUCELLIEXECUTIVE DIR.

DARYL DUNBARCFO

STEVE JORDANARTISTIC DIR.

BRIDGET SULLIVANDIR OF GIVING

PETR VERNERDIR. OF OPERATIONS

WILL GLASSPGRM DIRECTOR

ALISA HAFKINDIR SOCIAL SVRS

VERONIKA CHATELAINPGRM DIR. JAZZ LEG

STEPHEN SIEGELBOARD MEMBER

SANDY JORDANBOARD MEMBER

ROBERT OPARTNYBOARD MEMBER

JARRET LILIENCHAIRMAN

PETER LOWBOARD MEMBER

MICHAEL PIETROWICZBOARD MEMBER

MICHAEL NOVOGRATZBOARD MEMBER

MICHAEL DEVINSTREASURER

MARLISA VINCIGUERRABOARD MEMBER

MARC ROTHBOARD MEMBER

LEE RICHARDSBOARD MEMBER

WILLIAM DOUGLASS IIIBOARD MEMBER

JIMMY OWENSBOARD MEMBER

ABIGAIL SCHEUERBOARD MEMBER

HANK ONEALBOARD MEMBER

GEOFFREY MENINBOARD MEMBER

DR NIMESH NAGARSHETHBOARD MEMBER

DR FRANK FORTEBOARD MEMBER

DR DAVEED FRAZIERPRESIDENT

DANNY GLOVERBOARD MEMBER

DAKOTA PIPPINSBOARD MEMBER

CASEY PATTERSONBOARD MEMBER

CASEY LIPSCOMBBOARD MEMBER

BONIN BOUGHBOARD MEMBER

BILL WURTZELBOARD MEMBER

BEN GIORDIANOBOARD MEMBER

ALI MCCARTNEYBOARD MEMBER

About this charity

Recognized since: January 1992
Location: 247 WEST 37TH ST, NEW YORK, NY 10018-5706
County: New York
In care of: Joseph Petrucelli
Primary officer: Joseph Petrucelli, Executive Director

How to reach them

WebsiteVisit the charity’s website Emailinfo@jazzfoundation.org Phone(212) 245-3999

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: WATSONRICE LLP
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T70Z)
IRS tax category: Musical Groups and Artists