Mississippi Humanities Council Inc

Analysis

Mississippi Humanities Council Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in May 1979, 47 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 October 2023, Mississippi Humanities Council Inc reported income of $2.3m and spending of $1.4m, leaving 39% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $898k to $2.3m (+161%), an average of +27% a year. The sharpest change came in the year to October 2023, when income rose by 128%. Over the whole period it spent 80% 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 Humanities Council Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within MS. Charities of a similar size with the same main cause include Miami Music Project Inc ($2.3m), Childrens Museum Corporation of Rutherford County ($2.3m) and Palos Verdes Art Center Beverly G Alpay Center for Arts Education ($2.3m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $121k (8.5% of expenses). Other salaries and wages came to $316k. At year end it held assets of $2.8m against liabilities of $220k, net assets of $2.6m. It reported 9 employees.