Living Traditions Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
LIVING TRADITIONS, INC. IS A MULTI-FACETED ARTS SPACE SHOWCASING EVOLVING FOLK AND TRADITIONAL MUSIC AND ART FROM NEW YORK CITY, THE AMERICAS, AND THE WORLD. OUR PROGRAMMING SUPPORTS ARTISTS, FOSTERS MUTI-GENERATIONAL COMMUNITY AND PROVIDES ENRICHMENT AND EDUCATION ABOUT OUR SHARED MUSICAL HERITAGE.
- Income
- $1.4 million
- Spending
- $1.4 million
- Spent on programs
- 80%
- Reserves
- 0.7 months of spending
- Largest source of income
- fees for its services, 43%
- Employees
- 48
- Volunteers
- 280
- Highest pay
- $52,803, secretary
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 48 out of 100. Higher than 19% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
4 of 35Spendable reserves would cover 0.7 months of spending.
Debt
2 of 20It owes 78% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
15 of 15Income rose 21% on the year before.
Spending floor
15 of 1580% of spending went to programs and raising each dollar of donations cost 20 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 257 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.1 million spent. IN FY25, JALOPY'S ANNUAL SEASON INCLUDED 6 FESTIVALS, 3-5 WEEKLY CONCERTS AT ITS HOME LOCATION AND NUMEROUS PERFORMANCES AT STAGES ACROSS THE CITY AND STATE. THE BROOKLYN FOLK FESTIVAL CELEBRATED ITS 15TH YEAR, PARTNERING WITH SMITHSONIAN FOLKWAYS FOR THEIR 75TH ANNIVERSARY AND BRINGING LEGENDARY ARTISTS TO THE STAGE. IN-HOUSE CONCERTS FEATURED BOTH LOCAL EMERGING ARTISTS, TRAVELING BANDS AND RECOGNIZED LEADERS. JALOPY BEGAN A NEW SERIES, CALLED FOLK MUSIC MASTERS, AND HOSTED 4 CONCERTS WITH AN ARRAY OF ARTISTS. JALOPY PRODUCED CONCERTS AT VENUES IN MANHATTAN, BROOKLYN, QUEENS, HUDSON NY AND SHEFFIELD MASS. JALOPY HOSTED DOZENS OF WEEKLY MUSIC CLASSES AND WORKSHOPS EACH WEEK, EMPLOYING 35 TEACHING ARTISTS AND SERVING OVER 800 ADULTS AND CHILDREN. THROUGH THE COMMUNITY THROUGH MUSIC PROGRAM, JALOPY SERVED 1200 BROOKLYN PUBLIC SCHOOL CHILDREN WITH 8-12 WEEKS OF MUSIC ENRICHMENT. JALOPY RECORDS RELEASED 6 NEW ALBUMS OF FOLK AND TRADITIONAL MUSIC. IN FY25, JALOPY'S ANNUAL SEASON INCLUDED 6 FESTIVALS, 3-5 WEEKLY CONCERTS AT ITS HOME LOCATION AND NUMEROUS PERFORMANCES AT STAGES ACROSS THE CITY AND STATE. THE BROOKLYN FOLK FESTIVAL CELEBRATED ITS 15TH YEAR, PARTNERING WITH SMITHSONIAN FOLKWAYS FOR THEIR 75TH ANNIVERSARY AND BRINGING LEGENDARY ARTISTS TO THE STAGE. IN-HOUSE CONCERTS FEATURED BOTH LOCAL EMERGING ARTISTS, TRAVELING BANDS AND RECOGNIZED LEADERS. JALOPY BEGAN A NEW SERIES, CALLED FOLK MUSIC MASTERS, AND HOSTED 4 CONCERTS WITH AN ARRAY OF ARTISTS. JALOPY PRODUCED CONCERTS AT VENUES IN MANHATTAN, BROOKLYN, QUEENS, HUDSON NY AND SHEFFIELD MASS. JALOPY HOSTED DOZENS OF WEEKLY MUSIC CLASSES AND WORKSHOPS EACH WEEK, EMPLOYING 35 TEACHING ARTISTS AND SERVING OVER 800 ADULTS AND CHILDREN. THROUGH THE COMMUNITY THROUGH MUSIC PROGRAM, JALOPY SERVED 1200 BROOKLYN PUBLIC SCHOOL CHILDREN WITH 8-12 WEEKS OF MUSIC ENRICHMENT. JALOPY RECORDS RELEASED 6 NEW ALBUMS OF FOLK AND TRADITIONAL MUSIC.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on November 15, 2019 for not filing returns for three years, and reinstated on November 15, 2019.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 1994.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.