Mississippi Blues Foundation
- Assets
- $186.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, MS
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-5453462
Organization Overview
Mississippi Blues Foundation is located in Jackson, MS. The organization was established in 2007. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Blues Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Mississippi Blues Foundation generated $50.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $59.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luther Brown Director | 0 | $0 | |
Aven Whittington Director | 0 | $0 | |
John Sistrunk Director | 0 | $0 | |
Stacy White Director | 0 | $0 | |
Wilma Wilbanks Director | 0 | $0 | |
Alphonso Sanders Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,189 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $28,904 |
| Total Revenue | $50,093 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,323 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $112 |
| Other expenses | $41,419 |
| Total expenses | $59,497 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $186,877 |
| Other assets | $0 |
| Total assets | $186,877 |
| Total liabilities | $0 |
| Net assets or fund balances | $186,877 |