Hyde Park Jazz Festival

EIN: 263580954 501(c)(3) Arts, Culture & Humanities

Chicago, IL

Total Revenue
$630,827
Total Expenses
$419,771
Total Assets
$521,057
Net Assets
$506,057
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
IL
Principal Officer
Kate Dumbleton
Phone
4152605606
Tax Period
2025-01-01 to 2025-12-31

Hyde Park Jazz Festival, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $631K in total revenue in fiscal year 2025. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $211K, a strong 33% operating margin.

Mission

The Organization plans and produces the two day Hyde Park Jazz Festival, enhances cultural opportunities in the Hyde Park neighborhood of Chicago and supports the Arts in Chicago.

Program Service Accomplishments

Program 1
Expenses: $336,129 Revenue: $298

The organization plans and produces the Hyde Park Jazz Festival. This annual two-day free festival started in 2006, and brings together local, national, and international artists to the South Side of...

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The organization plans and produces the Hyde Park Jazz Festival. This annual two-day free festival started in 2006, and brings together local, national, and international artists to the South Side of Chicago, attracting 10-15,000 attendees each year. Audience members are able to experience music performed in some of the South Side's leading cultural institutions, churches, and venues, including The Logan Center for The Arts, Rockefeller Chapel, The Smart Museum, The Hyde Park Bank, Hyde Park Union Church, Augustana Church, The DuSable Black History Museum and Education Center, and on two outdoor stages on the Midway Plaisance. Additionally, the organization holds occasional concerts and hosts other cultural programs throughout the year.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $557,587
Program Service Revenue $0
Investment Income $0
Other Revenue $73,240
TOTAL REVENUE $630,827

Expense Breakdown

Grants Paid $0
Salaries & Benefits $115,953
Fundraising Expenses $15,903
Program Expenses $336,129
Other Expenses $303,818
TOTAL EXPENSES $419,771

Year-over-Year Comparison

2025 2024 Change
Revenue $630,827 $490,212 +0.3%
Expenses $419,771 $473,683 -0.1%
Net Income $211,056 $16,529 +11.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
3
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$55,000
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Ellis President 2.00
Officer Director
$0 $0 $0
Almarie Wagner Treasurer 5.00
Officer Director
$0 $0 $0
Judith Stein Secretary 5.00
Officer Director
$0 $0 $0
Cheryl Whitaker Director 2.00
Director
$0 $0 $0
Jennifer Washington Director 5.00
Director
$0 $0 $0
Paula Jones Bradford Director 2.00
Director
$0 $0 $0
Richard Stephenson Director 2.00
Director
$0 $0 $0
Robert Guttman Director 2.00
Director
$0 $0 $0
Shirley Massey Director 2.00
Director
$0 $0 $0
Susan Oppenheimer Director 2.00
Director
$0 $0 $0
Wendy Williams Director 2.00
Director
$0 $0 $0
Kate Dumbleton Executive Director 15.00
Officer
$55,000 $0 $55,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $630,827 $419,771 $521,057 $211,056
2024 $490,212 $473,683 $315,001 $16,529
2023 $479,001 $533,500 $292,872 $-54,499
2022 $445,410 $549,655 $432,971 $-104,245
2021 $562,315 $331,053 $437,216 $231,262
2020 $231,988 $195,751 $205,954 $36,237
2019 $330,731 $325,852 $169,717 $4,879
2018 $381,585 $341,790 $164,838 $39,795
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