Mississippi Theatre Association Inc

Analysis

Mississippi Theatre Association Inc is a registered charity in United States, based in Flowood, MS. It received its IRS tax-exemption ruling in June 1988, 38 years ago. 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 Theatre Association Inc reported income of $66k and spending of $61k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $66k (-10.0%), an average of -10% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mississippi Theatre Association Inc 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 26th percentile, and in the 27th percentile within MS. Charities of a similar size with the same main cause include Maxwell Hall Corp ($66k), Unima USA Inc ($66k) and Greene Community Services Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 35% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.