Nonprofit screen
Screen a listMonterey Jazz Festival
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(2)
$4.2Mrevenue
FY2024 · +2% in 3 yrs145staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−17.4%
Months of reserve0.5mo
Revenue growth (annualized)−0.2%
Middle half of peersMedianMonterey Jazz Festival
Where the money goes FY2024 · $4.9M spent
Programs$4.5M90%Management and general$363k7%Fundraising$123k2%990 FY2024 · Part IX line 25
Worth checking3
A funder worth 22% of revenue stopped after FY2020
The William & Flora Hewlett Foundation gave about $123k a year for four years, 22% of revenue in FY2020.
Funders’ 990-PF grant listsGovernment grants fell 94% in FY2023
$411k in FY2022, $25k in FY2023.
990 Part VIIIDeficits in 2 of the last 3 years
−$466k in FY2023 and −$733k in FY2024. Cash covers 0.5 months, under the peer median of 3.8.
990 Part I and balance sheetIn its favor1
Strong governance
13 of 13 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI34funders
$200ka year, last 3 years
32%from its largest funder
Funder’17’18’19’20’21’22’23The David and Lucile Packard FoundationStopped after FY2022$30k$260k$25k$40k$150k–The William & Flora Hewlett FoundationStopped after FY2020$70k$70k$70k$280k–Quest FoundationOn and off$65k$70k$20k$20kJ & M FoundationStopped after FY2021$20k$20k$20k$20k$20k–Nancy Buck Ransom FoundationStopped after FY2021$20k$20k$15k$15k$10k–Monterey Peninsula FoundationNew in FY2023$50kDonor-advised giftsDonors not disclosed$100k$101k$86k$36k$79k$133k17 other fundersUp to $20k a year each$26k$11k$37k$19k$25k$29k$10k
FundedThrough a donor-advised fundStopped