WASHINGTON, DC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HERBIE HANCOCK INSTITUTE OF JAZZ, founded in 1987, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.6M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $661K, a strong 19% operating margin.
TO OFFER THE WORLD'S MOST PROMISING YOUNG MUSICIANS COLLEGE LEVEL TRAINING BY INTERNATIONALLY RENOWNED JAZZ MASTERS AND TO PRESENT PUBLIC SCHOOL JAZZ EDUCATION PROGRAMS FOR YOUNG PEOPLE AROUND THE WORLD.
INTERNATIONAL PROGRAMS - THE INSTITUTE OFFERS EDUCATIONAL AND CULTURAL PROGRAMS INCLUDING SPECIAL PERFORMANCES, TOURS AND INTERNATIONAL JAZZ DAY PROGRAMS THAT REACH PEOPLE WORLDWIDE. THE UNITED...
INTERNATIONAL PROGRAMS - THE INSTITUTE OFFERS EDUCATIONAL AND CULTURAL PROGRAMS INCLUDING SPECIAL PERFORMANCES, TOURS AND INTERNATIONAL JAZZ DAY PROGRAMS THAT REACH PEOPLE WORLDWIDE. THE UNITED NATIONS EDUCATIONAL, SCIENTIFIC AND CULTURAL ORGANIZATION (UNESCO) DESIGNATED APRIL 30 AS INTERNATIONAL JAZZ DAY IN ORDER TO HIGHLIGHT JAZZ AND ITS DIPLOMATIC ROLE OF UNITING PEOPLE IN ALL CORNERS OF THE GLOBE. THE FIRST INTERNATIONAL JAZZ DAY TOOK PLACE ON APRIL 30, 2012. AS THE LEAD NONPROFIT ORGANIZATION CHARGED WITH PLANNING AND PROMOTING THIS ANNUAL CELEBRATION, THE INSTITUTE PRESENTS HIGH-PROFILE CONCERTS AND EDUCATION PROGRAMS FEATURING DOZENS OF WORLD-RENOWNED MUSICIANS.
JAZZ IN THE CLASSROOM - The Institute presents Jazz in the Classroom programs in public schools around the world, exposing young people to the cultural richness of jazz. Master classes, workshops and...
JAZZ IN THE CLASSROOM - The Institute presents Jazz in the Classroom programs in public schools around the world, exposing young people to the cultural richness of jazz. Master classes, workshops and concerts are presented by leading jazz musicians and educators to help students with their musical instrument training, foster a sense of creativity and self-esteem, and provide role models. Jazz in the classroom brings music educators and major jazz artists into public schools in Washington, DC, Los Angeles, CA and other cities to teach and mentor students.
HERBIE HANCOCK INSTITUTE OF JAZZ PERFORMANCE - In September 1995, the Institute established a two-year, accredited, college level program for gifted young musicians to study on a full-time basis. The...
HERBIE HANCOCK INSTITUTE OF JAZZ PERFORMANCE - In September 1995, the Institute established a two-year, accredited, college level program for gifted young musicians to study on a full-time basis. The program offers a Master's degree in jazz performance. The students selected for the program study tuition-free with full room and board stipends provided.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $3,563,942 | $2,592,623 | +0.4% |
| Expenses | $2,903,120 | $2,761,548 | +0.1% |
| Net Income | $660,822 | $-168,925 | -4.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| THOMAS CARTER | President | 40.00 |
Officer
Director
|
$165,000 | $0 | $165,000 |
| JAMES W DYAS | VP EDU/CURRICULUM | 40.00 |
|
$139,200 | $0 | $139,200 |
| MICHELLE M DAY | VP, OPERATIONS | 40.00 |
|
$136,000 | $0 | $136,000 |
| KAMIL WALJI | MGR STRAT PTRSHPS | 40.00 |
|
$100,833 | $0 | $100,833 |
| HERBIE HANCOCK | INSTITUTE CHAIR | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| IRINA BOKOVA | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Frank O Gehry | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| BRETT HART | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| DEE DEE Bridgewater | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Marcus Miller | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| ROBERT J PILON | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| JAMES FARMER | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $3,563,942 | $2,903,120 | $3,835,714 | $660,822 |
| 2022 | $2,592,623 | $2,761,548 | $2,816,334 | $-168,925 |
| 2021 | $2,382,953 | $2,473,451 | $2,606,776 | $-90,498 |
| 2020 | $2,200,242 | $2,188,679 | $2,757,347 | $11,563 |
| 2019 | $2,539,059 | $3,275,315 | $2,451,908 | $-736,256 |
Compare HERBIE HANCOCK INSTITUTE OF JAZZ with other nonprofits in District of Columbia and across the country.