HERBIE HANCOCK INSTITUTE OF JAZZ

WASHINGTON, DC, 20015-2024 (202) 364-7272 Est. 1987 EIN 52-1544030

A680 - Arts, Culture & Humanities 990 - Public charity return 501(c)(3)

www.hancockinstitute.org

Mission

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.

Financials

Total Revenue

$3,863,373

Total Expenses

$4,043,820

Net Assets

$1,779,198

7 employees 20 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

5.3 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 8.4%

Expenses ↑ 39.3%

Revenue Sources

Contributions 100.0%

Expense Breakdown

Program 91.6% Management 5.8% Fundraising 2.7%

Officers & Key Employees (12)

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Grants Received (68)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$3,863,373 ↑	$4,043,820	$1,779,198
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$3,563,942 ↑	$2,903,120	$1,959,645
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$2,592,623 ↑	$2,761,548	$1,298,182
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$2,200,242 ↓	$2,188,679	$1,557,605
2019 990 - Public charity return Jan 1, 2019 to Dec 31, 2019	$2,539,059	$3,275,315	$1,546,042