Steve Coleman and Five Elements were deep into one of their horizonless, hypnotic inventions at the Newport Jazz Festival this month, and the tent-sheltered crowd seemed duly absorbed. Mr. Coleman’s alto saxophone slashed through the air, often in off-kilter counterpoint with the vocalist Jen Shyu. The shifting rhythmic base was punctuated by the drummer Tyshawn Sorey, who called to mind an octopus, limbs moving in steady flow. It was all a vivid barometer reading from Mr. Coleman’s pressure system and, by extension, a reflection on Pi Recordings, his current label home.

Small but significant, with a recent track record that includes some of the most acclaimed releases in jazz, Pi is celebrating its 10th anniversary this year, in typical style. “The Mancy of Sound,” Mr. Coleman’s sharp new album with Five Elements, was released in late July; “Synastry,” a chamberlike duo outing by Ms. Shyu and the bassist Mark Dresser, is due out next week; and Mr. Sorey will make his label debut as a bandleader in September, with “Oblique 1,” a state-of-the-art quintet album. And from Wednesday through the end of August, Pi has programmed the Stone in the East Village, featuring artists either on the label’s roster or just one degree of separation away.

“I don’t think there’s any other label — major, indie, mainstream or otherwise — that has had such a consistent string of recordings widely considered, at least among critics, to be among the most important releases of the year,” said Steve Lehman, a saxophonist whose 2009 octet album, “Travail, Transformation, and Flow,” was one example. (Along with Mr. Sorey and the pianist Vijay Iyer, Mr. Lehman is also a member of Fieldwork, the collective trio that will kick things off at the Stone on Wednesday and Thursday.)