NEW ORLEANS JAZZ ORCHESTRA INC (EIN 710919866) - 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

2002

Principal Officer

WILLIAM ROUSELLE

Phone

5045828100

Tax Period

2020-07-01 to 2021-06-30

NEW ORLEANS JAZZ ORCHESTRA INC, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $326K in total revenue in fiscal year 2020. Revenue fell 67% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $50K, a strong 15% operating margin.

Mission

TO CELEBRATE JAZZ MUSIC, A NATIONAL TREASURE, THROUGH LIVE MUSIC PERFORMANCES AND INTERACTIVE EDUCATION BY PROVIDING A POINT OF CONNECTION FOR CREATIVE, ENTREPRENEURS, AND NONPROFITS AT THE NEW ORLEANS JAZZ MARKET.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $313,182

Program Service Revenue $11,852

Investment Income $23

Other Revenue $953

TOTAL REVENUE $326,010

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,832

Fundraising Expenses $0

Program Expenses $56,278

Other Expenses $245,322

TOTAL EXPENSES $276,154

Year-over-Year Comparison

	2020	2019	Change
Revenue	$326,010	$982,964	-0.7%
Expenses	$276,154	$1,275,979	-0.8%
Net Income	$49,856	$-293,015	-1.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SONDRA BIBB	DIRECTOR	2.00	Director	$0	$0	$0
WINSTON BURNS	DIRECTOR	2.00	Director	$0	$0	$0
NATHAN GORDON	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS LAVEIST	DIRECTOR	2.00	Director	$0	$0	$0
ADONIS ROSE	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM ROUSELLE	CHAIR	2.00	Officer Director	$0	$0	$0
LAVERN SAULNEY	DIRECTOR	2.00	Director	$0	$0	$0
DERRICK STROZIER	DIRECTOR	2.00	Director	$0	$0	$0
KATHLEEN TURNER	VICE CHAIR	2.00	Officer Director	$0	$0	$0
CASSIE WORLEY	SECRETARY	2.00	Officer Director	$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
2021	$326,010	$276,154	$5,866,816	$49,856
2020	$982,964	$1,275,979	$5,942,791	$-293,015
2019	$1,017,512	$1,150,420	$6,112,905	$-132,908
2018	$737,626	$1,042,814	$5,941,188	$-305,188

NEW ORLEANS JAZZ ORCHESTRA INC