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Arts, Culture, Humanities : Performing Arts

Herbie Hancock Institute of Jazz

Expanding jazz as a global art form

three stars

85.61

5225 Wisconsin Avenue NW Suite 605
Washington, DC 20015
tel: (202) 364-7272   Web Site
EIN: 52-1544030

Board Leadership
Herbie Hancock
Chairman

CEO
Thomas R. Carter
President

  Score
(out of 100)
Rating
Overall Score & Rating 85.61 three stars
  Financial 86.25 three stars
  Accountability & Transparency 85.00 three stars
This rating was published 07/01/2020 and includes data from FY2018, the most recent 990 received at that time.

The Herbie Hancock Institute of Jazz is a nonprofit education organization with a mission to offer the world's most promising young musicians college level training by internationally acclaimed jazz masters and to present public school music education programs for young people around the world. The Institute preserves, perpetuates and expands jazz as a global art form, and utilizes jazz as a means to unite people of all ages, backgrounds and nationalities. All of the Institute's programs are provided free of charge to students, schools and communities worldwide. The Institute's programs use jazz as the medium to encourage imaginative thinking, creativity, a positive self-image, and a respect for one's own and others' cultural heritage. Founded in 1986 as the Thelonious Monk Institute of Jazz, the organization began operating as the Herbie Hancock Institute of Jazz in January 2019.

The Herbie Hancock Institute of Jazz is a nonprofit education organization with a mission to offer the world's most promising young musicians college level training by internationally acclaimed jazz masters and to present public school music education programs for young people around the world. The Institute preserves, perpetuates and expands jazz as a global art form, and utilizes jazz as a means to unite people of all ages, backgrounds and nationalities. All of the Institute's programs are provided free of charge to students, schools and communities worldwide. The Institute's programs use jazz as the medium to encourage imaginative thinking, creativity, a positive self-image, and a respect for one's own and others' cultural heritage. Founded in 1986 as the Thelonious Monk Institute of Jazz, the organization began operating as the Herbie Hancock Institute of Jazz in January 2019.

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Financial

three stars

86.25

Accountability & Transparency

three stars

85.00

This rating was published 07/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
92.2%
  Administrative Expenses 4.7%
  Fundraising Expenses 2.9%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 0.45
  Program Expenses Growth 0.8%
  Liabilities to Assets 21.2%
All data for Financial Performance Metrics calculations was provided by Herbie Hancock Institute of Jazz on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Herbie Hancock Institute of Jazz on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Herbie Hancock Institute of Jazz (DC) 85.61 three stars
Santa Barbara Bowl Foundation (CA) 92.02 four stars
The Kitchen (NY) 87.28 three stars
The Sphinx Organization (MI) 85.99 three stars
Community Center for the Arts (WY) 85.36 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,890,619
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $129,355
Total Contributions $4,019,974
   Program Service Revenue $0
Total Primary Revenue $4,019,974
   Other Revenue $9,435
TOTAL REVENUE $4,029,409
   
EXPENSES  
   Program Expenses $3,314,787
   Administrative Expenses $146,666
   Fundraising Expenses $93,952
TOTAL FUNCTIONAL EXPENSES $3,555,405
   
Payments to Affiliates $0
Excess (or Deficit) for the year $474,004
   
Net Assets $2,282,298

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Jazz In The Classroom $1,141,175 34.4%
International Jazz Day $978,438 29.5%
College Level Program $884,740 26.7%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 07/01/2020 85.61 three stars
2017-12 08/01/2019 91.45 four stars
2017-12 04/01/2019 88.81 three stars
2016-12 04/01/2018 85.55 three stars
2015-12 05/01/2017 88.81 three stars
2014-12 12/21/2016 88.81 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 52-1544030
Name in IRS Master File HERBIE HANCOCK INSTITUTE OF JAZZ
NTEE Code A68
NTEE Classification Music
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (30) School, college, trade school, etc.
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1988
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$300,000 8.43% Thomas Carter President

Highly Rated

Charity Name & State Overall Score Overall Rating
Herbie Hancock Institute of Jazz (DC) 85.61 three stars
The Actors Fund (NY) 94.28 four stars
Alliance for California Traditional Arts (CA) 86.70 three stars
The Field (NY) 85.85 three stars
OPERA America (NY) 93.62 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Herbie Hancock Institute of Jazz
5225 Wisconsin Avenue NW
Suite 605
Washington, DC 20015
tel: (202) 364-7272
fax: (202) 364-0176
EIN: 52-1544030

Visit Web Site

Board Leadership

Herbie Hancock
Chairman

CEO

Thomas R. Carter
President

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