Midsouth Music Institute
- Assets
- $39.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Senatobia, MS
- Founding
- 12/2012
- Data as of
- 12/2021
- EIN
- 45-5379797
Organization Overview
Midsouth Music Institute is located in Senatobia, 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 12/2021, Midsouth Music Institute generated $130.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $103.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 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
2021
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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joelle Norris Executive Director | 35 | $36,041 | |
J Reese Norris Artistic Director | 20 | $24,441 | |
Jabarie Glass Director | 1 | $0 | |
Ann Burton Director | 1 | $0 | |
Will Brown Secretary | 1 | $0 | |
Doug Thorton Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,783 |
| Total Program Service Revenue | $60,106 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,764 |
| Other Revenue | $0 |
| Total Revenue | $130,653 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $88,417 |
| Professional fees and other payments to independent contractors | $420 |
| Occupancy, rent, utilities, and maintenance | $1,411 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,627 |
| Total expenses | $103,875 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,575 |
| Other assets | $0 |
| Total assets | $39,575 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,575 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Midsouth Music Institute has recieved totaling $6,500.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Northwest Mississippi Inc Hernando, MS PURPOSE: MUSIC EDUCATION | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Orleans Jazz & Heritage Foundation Inc New Orleans, LA | $55,852,647 | $11,473,899 |
Riser Foundation Nashville, TN | $49,165 | $0 |
Playback Memphis Memphis, TN | $2,216,872 | $146,708 |
Parkway High School Band Boosters Inc Bossier City, LA | $66,264 | $251,167 |
The Vigil Project Inc Mandeville, LA | $22,670 | $97,621 |
Music City Youth In The Arts Inc Nashville, TN | $122,900 | $169,405 |
Mcm Productions Nashville, TN | $186,729 | $250,718 |
A Certain Sound Knoxville, TN | $38,851 | $0 |
Huntsville Community Drumline Huntsville, AL | $69,483 | $156,855 |
Manhattan Chamber Players Inc New Orleans, LA | $108,165 | $0 |
West Ridge High School Band Parents Organization Inc Blountville, TN | $140,543 | $224,272 |
Midsouth Music Institute Senatobia, MS | $39,575 | $0 |