Midsouth Music Institute is located in Hernando, MS. The organization was established in 2012. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, 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. Midsouth Music Institute 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, Midsouth Music Institute generated $101.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $111.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WEEKLY VOCAL MUSIC INSTUCTION/PROGRAMS FOR NEARLY 90 STUDENTS AND 50 ADULTS 3 PUBLIC CONCERTS FOR A AUDIENCE OF 2000 SUMMER CAMP FOR 80 STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joelle Norris Executive Director | 40 | $35,550 | |
J Reese Norris Artistic Director | 15 | $24,441 | |
Jabarie Glass Director | 1 | $0 | |
Ann Burton Director | 1 | $0 | |
Will Brown Secretary | 1 | $0 | |
Doug Thorton Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $42,307 |
Total Program Service Revenue | $51,609 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $7,248 |
Other Revenue | $0 |
Total Revenue | $101,164 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $90,912 |
Professional fees and other payments to independent contractors | $1,090 |
Occupancy, rent, utilities, and maintenance | $600 |
Printing, publications, postage, and shipping | $1,669 |
Other expenses | $16,873 |
Total expenses | $111,144 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |