Skip to content
ProPublica Donate
ProPublica Donate

Herbie Hancock Institute Of Jazz

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Arts, Culture and Humanities / Music (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$2.59M (2022)

Expenses
$2.76M (2022)

Total Assets
$2.82M (2022)

Total Liabilities
$1.52M (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,592,623
Expenses
$2,761,548
Net Income
-$168,925
Net Assets
$1,298,182
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,582,791
99.6%
Program Services $0
Investment Income $147
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,685
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $150,000
5.4%
Professional Fundraising Fees $0
Other Salaries and Wages $596,370
21.6%
Assets/Debt
Total Assets $2,816,334
Total Liabilities $1,518,152
Net Assets $1,298,182
Compensation
Key Employees and Officers Compensation Related Other
Thomas Carter (President) $150,000 $0 $0
James W Dyas (Vp Edu/Curricum) $139,200 $0 $0
Michelle M Day (Vp, Operations) $136,000 $0 $0
Herbie Hancock (Institute Chair) $0 $0 $0
Irina Bokova (Trustee) $0 $0 $0
Frank O Gehry (Trustee) $0 $0 $0
Brett Hart (Trustee) $0 $0 $0
Dee Dee Bridgewater (Trustee) $0 $0 $0
Marcus Miller (Trustee) $0 $0 $0
Robert J Pilon (Trustee) $0 $0 $0
James Farmer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,382,953
Expenses
$2,473,451
Net Income
-$90,498
Net Assets
$1,467,107
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,382,007
100.0%
Program Services $0
Investment Income $379
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $567
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $150,000
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $616,200
24.9%
Assets/Debt
Total Assets $2,606,776
Total Liabilities $1,139,669
Net Assets $1,467,107
Compensation
Key Employees and Officers Compensation Related Other
Thomas Carter (President) $150,000 $0 $0
James W Dyas (Vp Edu/Curricum) $139,200 $0 $0
Michelle M Day (Vp, Operations) $136,000 $0 $0
Herbie Hancock (Institute Chair) $0 $0 $0
Irina Bokova (Trustee) $0 $0 $0
Frank O Gehry (Trustee) $0 $0 $0
Brett Hart (Trustee) $0 $0 $0
Dee Dee Bridgewater (Trustee) $0 $0 $0
Wayne Shorter (Trustee) $0 $0 $0
Marcus Miller (Trustee) $0 $0 $0
James Farmer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,200,242
Expenses
$2,188,679
Net Income
$11,563
Net Assets
$1,557,605
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,200,240
100.0%
Program Services $0
Investment Income $37
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$502
Net Inventory Sales $0
Other Revenue $467
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $150,000
6.9%
Professional Fundraising Fees $0
Other Salaries and Wages $654,567
29.9%
Assets/Debt
Total Assets $2,757,347
Total Liabilities $1,199,742
Net Assets $1,557,605
Compensation
Key Employees and Officers Compensation Related Other
Thomas Carter (President) $150,000 $0 $0
James W Dyas (Vp Edu/Curricum) $139,200 $0 $0
Michelle M Day (Vp, Operations) $137,700 $0 $0
Herbie Hancock (Institute Chair) $0 $0 $0
Irina Bokova (Trustee) $0 $0 $0
Frank O Gehry (Trustee) $0 $0 $0
Dee Dee Bridgewater (Trustee) $0 $0 $0
Wayne Shorter (Trustee) $0 $0 $0
Marcus Miller (Trustee) $0 $0 $0
James Farmer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,539,059
Expenses
$3,275,315
Net Income
-$736,256
Net Assets
$1,546,042
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,512,297
98.9%
Program Services $0
Investment Income $136
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $26,626
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $300,000
9.2%
Professional Fundraising Fees $0
Other Salaries and Wages $636,717
19.4%
Assets/Debt
Total Assets $2,451,908
Total Liabilities $905,866
Net Assets $1,546,042
Compensation
Key Employees and Officers Compensation Related Other
Thomas Carter (President) $300,000 $0 $0
James W Dyas (Vp Edu/Curricum) $136,800 $0 $0
Michelle M Day (Vp, Operations) $136,000 $0 $0
Herbie Hancock (Institute Chair) $0 $0 $0
Irina Bokova (Trustee) $0 $0 $0
Stuart Subotnick (Vice Chairman) $0 $0 $0
Jimmy Heath (Trustee) $0 $0 $0
Wayne Shorter (Trustee) $0 $0 $0
Lynda Thomas (Secretary) $0 $0 $0
James Farmer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,029,409
Expenses
$3,555,405
Net Income
$474,004
Net Assets
$2,282,298
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,019,974
99.8%
Program Services $0
Investment Income $178
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,257
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $300,000
8.4%
Professional Fundraising Fees $0
Other Salaries and Wages $548,843
15.4%
Assets/Debt
Total Assets $2,899,068
Total Liabilities $616,770
Net Assets $2,282,298

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,166,801
Expenses
$4,330,076
Net Income
-$163,275
Net Assets
$1,808,294
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,153,482
99.7%
Program Services $0
Investment Income $169
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,150
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $300,000
6.9%
Professional Fundraising Fees $0
Other Salaries and Wages $536,753
12.4%
Assets/Debt
Total Assets $1,993,995
Total Liabilities $185,701
Net Assets $1,808,294
Compensation
Key Employees and Officers Compensation Related Other
Thomas Carter (President) $300,000 $0 $0
Michelle M Day (Vp, Operations) $136,000 $0 $0
James W Dyas (Vp Edu/Curricum) $132,000 $0 $0
Herbie Hancock (Institute Chair) $0 $0 $0
Lynda Thomas (Secretary) $0 $0 $0
Jimmy Heath (Trustee) $0 $0 $0
Wayne Shorter (Trustee) $0 $0 $0
Stuart Subotnick (Vice Chair Man) $0 $0 $0
James Farmer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,160,819
Expenses
$6,229,892
Net Income
-$69,073
Net Assets
$1,971,569
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,137,536
99.6%
Program Services $0
Investment Income $194
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$68
Net Inventory Sales $0
Other Revenue $23,157
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $300,000
4.8%
Professional Fundraising Fees $0
Other Salaries and Wages $504,541
8.1%
Assets/Debt
Total Assets $2,890,834
Total Liabilities $919,265
Net Assets $1,971,569
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Thomas Carter (President) $300,000 $0 $0
James W Dyas (Vp Edu/Curricum) $132,000 $0 $0
Herbie Hancock (Institute Chair) $0 $0 $0
Lynda Thomas (Trustee) $0 $0 $0
Paxton K Baker (Trustee) $0 $0 $0
Jimmy Heath (Trustee) $0 $0 $0
Wayne Shorter (Trustee) $0 $0 $0
Stuart Subotnick (Vice Chair) $0 $0 $0
Sonya Jackson (Trustee) $0 $0 $0
James Farmer (Sec/Treas) $0 $0 $0
Carolyn Powers (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,824,834
Expenses
$3,562,762
Net Income
$262,072
Net Assets
$2,040,642
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,726,126
97.4%
Program Services $0
Investment Income $3,793
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $72,155
1.9%
Net Inventory Sales $0
Other Revenue $22,760
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $300,000
8.4%
Professional Fundraising Fees $0
Other Salaries and Wages $577,292
16.2%
Assets/Debt
Total Assets $2,595,480
Total Liabilities $554,838
Net Assets $2,040,642
Compensation
Key Employees and Officers Compensation Related Other
Thomas Carter (President) $300,000 $0 $0
James W Dyas (Vp Edu/Curricum) $132,000 $0 $0
Herbie Hancock (Institute Chair) $0 $0 $0
Paxton K Baker (Trustee) $0 $0 $0
Jimmy Heath (Trustee) $0 $0 $0
Wayne Shorter (Trustee) $0 $0 $0
Stuart Subotnick (Trustee) $0 $0 $0
Sonya Jackson (Trustee) $0 $0 $0
James Farmer (Trustee) $0 $0 $0
Carolyn Powers (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,314,363
Expenses
$3,279,413
Net Income
$34,950
Net Assets
$1,842,789
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,144,257
94.9%
Program Services $0
Investment Income $7,905
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $11,734
0.4%
Net Inventory Sales $0
Other Revenue $150,467
4.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $300,000
9.1%
Professional Fundraising Fees $0
Other Salaries and Wages $577,000
17.6%
Assets/Debt
Total Assets $2,424,974
Total Liabilities $582,185
Net Assets $1,842,789
Compensation
Key Employees and Officers Compensation Related Other
Thomas Carter (President) $300,000 $0 $0
James W Dyas (Vp Edu/Curricum) $124,000 $0 $0
Herbie Hancock (Institute Chair) $0 $0 $0
Clark Terry (Trustee) $0 $0 $0
Thelonious S Monk Jr (Chairman) $0 $0 $0
Paxton K Baker (Trustee) $0 $0 $0
Jimmy Heath (Trustee) $0 $0 $0
Wayne Shorter (Trustee) $0 $0 $0
Stuart Subotnick (Trustee) $0 $0 $0
Sonya Jackson (Trustee) $0 $0 $0
James Farmer (Trustee) $0 $0 $0
Carolyn Powers (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,248,887
Expenses
$3,109,130
Net Income
$139,757
Net Assets
$1,798,070
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,154,488
97.1%
Program Services $0
Investment Income $7,180
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $38,204
1.2%
Net Inventory Sales $0
Other Revenue $49,015
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $293,500
9.4%
Professional Fundraising Fees $0
Other Salaries and Wages $538,083
17.3%
Assets/Debt
Total Assets $2,214,090
Total Liabilities $416,020
Net Assets $1,798,070

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,096,932
Expenses
$3,514,007
Net Income
$582,925
Net Assets
$1,632,767
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,063,240
99.2%
Program Services $0
Investment Income $4,246
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $10,739
0.3%
Net Inventory Sales $0
Other Revenue $18,707
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $298,700
8.5%
Professional Fundraising Fees $0
Other Salaries and Wages $474,833
13.5%
Assets/Debt
Total Assets $2,204,168
Total Liabilities $571,401
Net Assets $1,632,767

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,920,223
Expenses
$2,752,320
Net Income
$167,903
Net Assets
$1,031,154
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,859,002
97.9%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $61,221
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $300,000
10.9%
Professional Fundraising Fees $0
Other Salaries and Wages $489,585
17.8%
Assets/Debt
Total Assets $1,632,506
Total Liabilities $601,352
Net Assets $1,031,154

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »