University Press Of Mississippi Inc
- Assets
- $5.3m
- Revenue
- $2.3m
- Investments
- $3.7m
- Employees
- 26
- Location
- Jackson, MS
- Founding
- 12/1970
- Data as of
- 06/2022
- EIN
- 64-0501030
Organization Overview
University Press Of Mississippi Inc is located in Jackson, MS. The organization was established in 1970. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, University Press Of Mississippi Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Press Of Mississippi 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 06/2022, University Press Of Mississippi Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $3.1m during the year ending 06/2022. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENCOURAGE SCHOLARLY RESEARCH AND CREATIVE WRITING AND DISTRIBUTE AS WIDELY AS POSSIBLE BOOKS, EBOOKS, AND MONOGRAPHS OF GENUINE WORTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIGHER EDUCATION. PUBLISHED OVER 108 NEW BOOKS IN PAPERBACK, HARDCOVER, AND ELECTRONIC EDITIONS. OUR BOOKS WERE SOLD TO LIBRARIES, WHOLESALERS, RETAILERS, AND INDIVIDUALS WORLDWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Gill Director | 40 | $115,066 | |
Steven Yates Associate Director | Officer | 40 | $81,198 |
Todd Lape Assistant Director | Officer | 40 | $73,554 |
Tonia Lonie Chief Financial Officer | Officer | 40 | $69,160 |
Katherine Keene Senior Editor | Officer | 40 | $62,687 |
Dr Mario Azevedo Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $589,881 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $589,881 |
| Total Program Service Revenue | $2,259,305 |
| Investment income | -$592,335 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,256,851 |
| 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. | $401,665 |
| Compensation of current officers, directors, key employees. | $401,665 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $721,968 |
| Pension plan accruals and contributions | $187,081 |
| Other employee benefits | $108,482 |
| Payroll taxes | $103,639 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,604 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $86,328 |
| Office expenses | $40,870 |
| Information technology | $24,648 |
| Royalties | $194,749 |
| Occupancy | $46,627 |
| Travel | $3,732 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,912 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,853 |
| Insurance | $8,412 |
| All other expenses | $899,732 |
| Total functional expenses | $3,088,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,620 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $450,949 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,012,266 |
| Prepaid expenses and deferred charges | $43,764 |
| Net Land, buildings, and equipment | $21,228 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,672,394 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,334,221 |
| Accounts payable and accrued expenses | $573,295 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $573,295 |
| Net assets without donor restrictions | $4,693,886 |
| Net assets with donor restrictions | $67,040 |
| 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 | $5,334,221 |