Mississippi Songwriters Festival Inc

Analysis

Mississippi Songwriters Festival Inc is a registered charity in United States, based in Moss Point, MS. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mississippi Songwriters Festival Inc reported income of $85k and spending of $77k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $85k (+15%), an average of +15% a year. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mississippi Songwriters Festival Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within MS. Charities of a similar size with the same main cause include Plone Foundation ($85k), New York Dance & Arts Innovations ($85k) and Ottoman Studies Foundation Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.