Mississippi Chorus Inc

Analysis

Mississippi Chorus Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in March 1993, 33 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 June 2023, Mississippi Chorus Inc reported income of $74k and spending of $91k, spending 124% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $47k to $74k (+55%), an average of +55% a year. The sharpest change came in the year to June 2023, when income rose by 55%. Over the whole period it spent 114% 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 Chorus Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within MS. Charities of a similar size with the same main cause include Harmonic South String Orchestra Inc ($74k), Indian Horizon of Florida Inc ($74k) and Marshalltown Community Concert Association ($74k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 12% of the total. At year end it held assets of $45k against liabilities of $11k, net assets of $34k.