Questions and postings pertaining to the usage of ImageMagick regardless of the interface. This includes the command-line utilities, as well as the C and C++ APIs. Usage questions are like "How do I use ImageMagick to create drop shadows?".
Your background JPG is CMYK (U.S. Web Coated Swop) and IM cannot composite unless both are sRGB. You need to use an sRGB.icc profile to convert the background first.
That will list out all the information. The colorspace should say CMYK or sRGB. Or at the bottom, you can see the exact profiles included with the file.