Mission Possible

Analysis

Mission Possible is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 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, Mission Possible reported income of $463k and spending of $339k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $329k to $463k (+40%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mission Possible sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include Institute for Holotropics ($463k), Montgomery County Foundation for Performing Arts ($463k) and Sunriver Music Festival Inc ($463k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% of the total. Other salaries and wages came to $58k. At year end it held assets of $532k against liabilities of $0, net assets of $532k. It reported 1 employees.