World Missionary Press Inc
- Assets
- $13.2m
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 69
- Location
- New Paris, IN
- Founding
- 11/1964
- Data as of
- 09/2023
- EIN
- 35-1076405
Organization Overview
World Missionary Press Inc is located in New Paris, IN. The organization was established in 1964. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, under the broad grouping of Religion-Related and related organizations. As of 09/2023, World Missionary Press Inc employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Missionary Press Inc 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 09/2023, World Missionary Press Inc generated $7.0m 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 (15.7%) each year. All expenses for the organization totaled $7.6m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CAUSE, ENCOURAGE, AND PROMOTE IN THE STATE OF INDIANA, THE UNITED STATES OF AMERICA AND THROUGHOUT THE WORLD, THE WRITING, PUBLISHING, PRINTING, AND DISTRIBUTION OF SCRIPTURE BOOKLETS AND LEAFLETS, GOSPEL LITERATURE AND BIBLE STUDIES, OR MATERIALS WHICH CONVEY THE MESSAGE OF THE GOSPEL OF JESUS CHRIST, IN VARIOUS LANGUAGES. NONE OF THE ABOVE-MENTIONED ITEMS ARE TO BE SOLD, BUT ARE TO BE DISTRIBUTED FREE OF CHARGE TO THE RECIPIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCTION COSTS INCLUDED PRINTING A TOTAL OF 95,701,814 PIECES OF SCRIPTURE BOOKLETS, BIBLE STUDIES, GOD LOVES YOU COLORING BOOKS, SCRIPTURE-TEXT DATEBOOKS, AND FOLDUP SCRIPTURE HANDOUTS FOR FREE DISTRIBUTION WORLDWIDE. THIS INCLUDES PRINTING 6,255,000 IN 3 FOREIGN COUNTRIES THIS PAST YEAR. SCRIPTURE BOOKETS HAVE NOW BEEN MADE AVAILABLE IN A TOTAL OF 351 LANGUAGES AND 211 COUNTRIES OF THE WORLD. BECAUSE OF OUR HIGH-SPEED, HIGH VOLUME OPERATION, USING HUNDREDS OF VOLUNTEERS, AND PAYING MODEST STAFF, THE AVERAGE COST TO PRODUCE A 48-PAGE BOOKLET WAS 4.7 CENTS.
SHIPPING COSTS INCLUDE SENDING SCRIPTURAL MATERIALS THROUGHT THE WORLD. BESIDES MANY SMALL ORDERS, INCLUDING 17,434 10-LB BOXES SENT VIA USPS, FED EX, AND UPS, 222,336 BOXES WERE SHIPPED BY FREIGHT SHIPMENTS, INCLUDING 69 CONTAINERS (40-40' CONTAINERS AND 29-20'). COSTS FOR OVERSEAS DISTRIBUTION BY VOLUNTEER NATIONAL COORDINATORS WHO RECEIVE WMP SHIPMENTS AND DISTRIBUTE TO COUNTRY DISTRIBUTORS SAVES WMP HUNDREDS OF THOUSANDS OF DOLLARS EVERY YEAR IN SHIPPING AND DISTRIBUTION COSTS. WE CURRENTLY HAVE 88 VOLUNTEER COORDINATORS IN 83 COUNTRIES AND A COUNTLESS NUMBER OF DISTRIBUTORS. SCRIPTURE LITERAURE HAS GONE INTO 211 NATIONS IN OUR OUR 62 YEAR-HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harold E Mack President, Director, Officer | OfficerTrustee | 45.87 | $38,082 |
Marie C Mack Treasurer, Officer | OfficerTrustee | 35.75 | $28,684 |
Scott Puckett Director, Vice-Chairman | Trustee | 0.77 | $0 |
Robert Parker Director | Trustee | 0.2 | $0 |
John Burnham Director | Trustee | 0.76 | $0 |
Dean Crowder Director | Trustee | 0.23 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,631,444 |
| Noncash contributions included in lines 1a–1f | $38,267 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,631,444 |
| Total Program Service Revenue | $0 |
| Investment income | $327,285 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,958 |
| Net Rental Income | $10,324 |
| Net Gain/Loss on Asset Sales | -$1,182 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,027,692 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $107,791 |
| Compensation of current officers, directors, key employees. | $61,967 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,633,318 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $601,075 |
| Payroll taxes | $132,942 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,595 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $56,000 |
| Fees for services: Other | $12,267 |
| Advertising and promotion | $196,051 |
| Office expenses | $44,288 |
| Information technology | $194,637 |
| Royalties | $1,917 |
| Occupancy | $162,808 |
| Travel | $33,832 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,368 |
| Interest | $833 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $188,191 |
| Insurance | $4,219 |
| All other expenses | $13,618 |
| Total functional expenses | $7,583,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130 |
| Savings and temporary cash investments | $555,605 |
| Pledges and grants receivable | $167,117 |
| Accounts receivable, net | $7,477 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $608,018 |
| Prepaid expenses and deferred charges | $99,960 |
| Net Land, buildings, and equipment | $2,930,154 |
| Investments—publicly traded securities | $8,820,901 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $41,458 |
| Total assets | $13,230,820 |
| Accounts payable and accrued expenses | $158,674 |
| Grants payable | $0 |
| Deferred revenue | $6,490 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $31,667 |
| Other liabilities | $41,458 |
| Total liabilities | $238,289 |
| Net assets without donor restrictions | $9,426,898 |
| Net assets with donor restrictions | $3,565,633 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,230,820 |