CLEVELAND JAZZ ORCHESTRA (EIN 341483824) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

GEORGE BLAKE

Phone

8553015299

Tax Period

2023-07-01 to 2024-06-30

CLEVELAND JAZZ ORCHESTRA, founded in 1984, is a small nonprofit in the Arts, Culture & Humanities sector that reported $351K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $406K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE MISSION OF THE CLEVELAND JAZZ ORCHESTRA IS TO INCREASE AWARENESS AND APPRECIATION OF JAZZ BY ENGAGING THE COMMUNITY WITH ORIGINAL MUSIC, EXCEPTIONAL PERFORMANCES, AND INSPIRATIONAL EDUCATIONAL PROGRAMMING.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $187,344

Program Service Revenue $156,776

Investment Income $780

Other Revenue $6,497

TOTAL REVENUE $351,397

Expense Breakdown

Grants Paid $0

Salaries & Benefits $322,688

Fundraising Expenses $26,555

Program Expenses $330,935

Other Expenses $83,051

TOTAL EXPENSES $405,739

Year-over-Year Comparison

	2023	2022	Change
Revenue	$351,397	$295,031	+0.2%
Expenses	$405,739	$326,753	+0.2%
Net Income	$-54,342	$-31,722	+0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$55,000

Total Directors

$38,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT GARLOCK	EXECUTIVE DI	30.00	Officer	$55,000	$0	$55,000
THERESA LESH	BUSINESS MAN	30.00	Director	$38,400	$0	$38,400
GEORGE BLAKE	PRESIDENT	1.00	Officer Director	$0	$0	$0
GEORGE CARR	DIRECTOR	1.00	Director	$0	$0	$0
ERIC DANIEL	DIRECTOR	1.00	Director	$0	$0	$0
LYNNE GERACE	EDUCATIONAL	1.00	Director	$0	$0	$0
SAM GERACE	DIRECTOR	1.00	Director	$0	$0	$0
CALVIN GRIFFITH	DIRECTOR	1.00	Director	$0	$0	$0
LOLITA MCDAVID	DIRECTOR	1.00	Director	$0	$0	$0
MARC PAIGE	VP OF GOVERN	1.00	Officer Director	$0	$0	$0
GREGORY PICKETT	MARKETING CO	1.00	Director	$0	$0	$0
LARRY POPE	DIRECTOR	1.00	Director	$0	$0	$0
MARK RIBBANS	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN RICHARDS	DIRECTOR	1.00	Director	$0	$0	$0
VINCE ROBINSON	DIRECTOR	1.00	Director	$0	$0	$0
NANCY L STOKES	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT WALSER	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN WILLIAMS	FINANCE CHAI	1.00	Director	$0	$0	$0
JASON NEDLEY	TREASURER	1.00	Officer	$0	$0	$0
MUSETTE VINCENT	SECRETARY	1.00	Officer	$0	$0	$0

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	No data	No data	No data	No data
2024	$351,397	$405,739	$409,241	$-54,342
2023	$295,031	$326,753	$414,948	$-31,722
2022	$252,407	$242,713	$261,574	$9,694
2021	$152,422	$128,411	$240,303	$24,011
2020	$273,610	$170,790	$230,562	$102,820
2019	$287,813	$227,110	$126,960	$60,703

CLEVELAND JAZZ ORCHESTRA