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University Press of Mississippi Inc

RegisteredEIN 64-0501030Jackson, MSArts, culture, heritage and science
Income$3.2m2023-06
Spending$3.5msame year
Spent / received105%5-year average
Size in its cause94th pctArts, culture, heritage and science
Exempt since1970Organisation supporting a go
Employees27latest return

Analysis

University Press of Mississippi Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in December 1970, 56 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 organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University Press of Mississippi Inc reported income of $3.2m and spending of $3.5m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $3.2m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2021, when income rose by 76%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, University Press of Mississippi Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within MS. Charities of a similar size with the same main cause include Beaverton Arts Foundation Inc ($3.2m), Emerson Umbrella Inc ($3.2m) and District Bridges ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $407k (12% of expenses). Other salaries and wages came to $718k. At year end it held assets of $4.9m against liabilities of $676k, net assets of $4.2m. It reported 27 employees.

Income and spending

$0$1.0m$2.0m$3.0m$4.0m2019 Income: $2,684,4552019 Spending: $2,761,02220192020 Income: $2,291,2832020 Spending: $2,847,23720202021 Income: $4,042,9712021 Spending: $2,880,61420212022 Income: $2,256,8512022 Spending: $3,088,93520222023 Income: $3,180,1262023 Spending: $3,537,6392023
IncomeSpending

Where the income comes from

  • Contributions & grants 19%
  • Program services 66%
  • Other 15%

Similar-sized charities, same cause

CharityLocationIncome
Beaverton Arts Foundation IncBeaverton$3.2m
Emerson Umbrella IncConcord$3.2m
District BridgesWashington$3.2m
Inner City Youth Orchestra of Los Angeles IncorporatedLos Angeles$3.2m