PALM SPRINGS INTERNATIONAL JAZZ FESTIVAL

EIN: 843009152 501(c)(3) Philanthropy & Grantmaking

LOS ANGELES, CA

Total Revenue
N/A
Total Expenses
$70
Total Assets
$76,074
Net Assets
$40,447
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CA
Principal Officer
MICHAEL B SELIGMAN
Phone
3108207600
Tax Period
2023-01-01 to 2023-12-31

Mission

THE PALM SPRINGS INTERNATIONAL JAZZ FESTIVAL SEEKS TO FOSTER AN APPRECIATION FOR JAZZ, THE UNIQUELY AMERICAN ART FORM, THROUGH PERFORMANCE AND EDUCATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $70
TOTAL EXPENSES $70

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $90,500 -1.0%
Expenses $70 $99,605 -1.0%
Net Income N/A $-9,105 N/A
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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL SELIGMAN PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $0 $0
TRACY CONRAD SECRETARY/DIRECTOR 1.00
Officer Director
$0 $0 $0
ALAN REBACK TREASURER/DIRECTOR 1.00
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
2024 No data No data No data No data
2023 No data $70 $76,074 No data
2022 $90,500 $99,605 $32,073 $-9,105
2021 No data $225 $54,439 No data
2020 $1,500 $35 $39,464 $1,465
2019 $45,504 $7,505 $64,598 $37,999
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