Mississippi Journalism and Education Group

Analysis

Mississippi Journalism and Education Group is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in June 2021, 5 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 December 2023, Mississippi Journalism and Education Group reported income of $1.5m and spending of $999k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $134k to $1.5m (+1031%), an average of +236% a year. The sharpest change came in the year to December 2022, when income rose by 491%. Over the whole period it spent 77% 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 Journalism and Education Group sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within MS. Charities of a similar size with the same main cause include Capital Stage Company ($1.5m), 24th Street Theatre Company ($1.5m) and Sojourn to the Past ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $166k (17% of expenses). Other salaries and wages came to $493k. At year end it held assets of $945k against liabilities of $90k, net assets of $855k. It reported 18 employees.