BASIN STREET REGULARS CENTRAL COAS… - Form 990 Financial Data

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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

1976

Legal Domicile

Principal Officer

RHONDA CARDINAL

Phone

8059252906

Tax Period

2023-01-01 to 2023-12-31

BASIN STREET REGULARS CENTRAL COAST HOT JAZZ SOCIETY, founded in 1976, is a micro nonprofit that reported $11K in total revenue in fiscal year 2023.

Mission

THE BASIN STREET REGULARS WAS FOUNDED IN 1976 TO PRESERVE AND PROPAGATE DIXIELAND/TRADITIONAL JAZZ. THE BSR ACCOMPLISHES THIS GOAL/CHARTER BY PROVIDING MONTHLY LIVE MUSIC, SUNDAY JAZZ SESSIONS FOR MEMBERS, JAZZ FESTIVALS, THE JUBILEE BY THE SEA EVENT, PROVIDING SCHOLARSHIPS TO YOUNG MUSICIANS, ENCOURAGING YOUNG MUSICIANS TO JOIN JAMMERS AT SUNDAY JAZZ, AND BY HIRING HS BANDS FOR INTERMISSION.

Program Service Accomplishments

Program 1

THE MAIN PROGRAM IS PROVIDING LIVE MUSIC FOR MONTHLY MEMBERS, GUESTS, AND THE GENERAL PUBLIC. THE MAIN PROGRAM IS HELD ON THE LAST SUNDAY OF EACH MONTH. THE PROGRAM IS HIGHLY ADVERTISED ON SOCIAL...

THE MAIN PROGRAM IS PROVIDING LIVE MUSIC FOR MONTHLY MEMBERS, GUESTS, AND THE GENERAL PUBLIC. THE MAIN PROGRAM IS HELD ON THE LAST SUNDAY OF EACH MONTH. THE PROGRAM IS HIGHLY ADVERTISED ON SOCIAL MEDIA AND THE LOCAL NEWS. A PROFESSIONAL BAND IS CONTRACTED TO PLAY TWO, ONE HOUR SETS. THE SUNDAY JAZZ SESSIONS COST MORE THAN TAKEN IN AND WE DEPEND ON THE JUBILEE TO HAVE A SURPLUS SUPPORT IN THE MONTHLY SESSIONS.

Program 2

THE JUBILEE BY THE SEA (VIRTUAL IN 2020) IS A MAJOR UNDERTAKING. THIS MULTIPLE DAY EVENT WAS HELD VIRTUALLY IN 2020 AND BAND MEMBERS FROM ALL OVER THE COUNTRY PARTICIPATED IN THE EVENT.

Program 3

THE THIRD MAJOR ACCOMPLISHMENT IS EDUCATION. WE PROVIDE EDUCATIONAL MATERIALS FOR MEMBERS AND YOUNG MUSICIANS. WE ALSO PROVIDE SCHOLARSHIPS TO YOUNG MUSICIANS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $10,906

Other Revenue $0

TOTAL REVENUE $10,906

Expense Breakdown

Grants Paid $10,906

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,906

Other Expenses $0

TOTAL EXPENSES $10,906

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,906	$10,695	+0.0%
Expenses	$10,906	$120	+89.9%
Net Income	$0	$10,575	-1.0%

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

Governance

Voting Members

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RHONDA CARDINAL	PRESIDENT	N/A	Officer	$0	$0	$0
LINDA DUTART	TREASURER	N/A	Officer	$0	$0	$0
JOHN SHORB	VICE PRESIDE	N/A	Officer	$0	$0	$0
LADEAN TALCOTT	SECRETARY	N/A	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
2023	$10,906	$10,906	No data	No data
2022	$10,695	$120	No data	$10,575
2021	$70,540	$19,501	$5,632	$51,039
2020	$242,009	$54,263	$343,393	$187,746

BASIN STREET REGULARS CENTRAL COAST HOT JAZZ SOCIETY