Mississippi Valley Blues Society

Analysis

Mississippi Valley Blues Society is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in October 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mississippi Valley Blues Society reported income of $58k and spending of $93k, spending 161% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $99k to $58k (-41%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 112% 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 Valley Blues Society sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within IA. Charities of a similar size with the same main cause include McClanahan School Parents Association Inc Mpsa ($58k), Olustee Battlefield Citizens Support Organization Inc ($58k) and Philadelphia Stories Inc ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 157% and program service revenue 9.0% of the total. At year end it held assets of $61k against liabilities of $776, net assets of $60k.