The Jimmie Rodgers Foundation Inc
- Assets
- $95.9k
- Revenue
- $145.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Meridian, MS
- Founding
- 04/1987
- Data as of
- 06/2021
- EIN
- 64-0656694
Organization Overview
The Jimmie Rodgers Foundation Inc is located in Meridian, MS. The organization was established in 1987. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. Jimmie Rodgers Foundation 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 06/2021, Jimmie Rodgers Foundation Inc generated $145.7k 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 (7.8%) each year. All expenses for the organization totaled $58.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (19.7%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE JIMMIE RODGERS FOUNDATION IS TO PRESENT A WORLD-CLASS TRIBUTE THAT CELEBRATES JIMMIE RODGERS AND AMERICAN MUSIC; ONE THAT ENRICHES THE CULTURAL, ECONOMIC, SOCIAL, AND EDUCATIONAL VITALITY OF THE REGION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE JIMMIE RODGERS FOUNDATION IS TO PRESENT A WORLD-CLASS TRIBUTE THAT CELEBRATES JIMMIE RODGERS AND AMERICAN MUSIC; ONE THAT ENRICHES THE CULTURAL, ECONOMIC, SOCIAL, AND EDUCATIONAL VITALITY OF THE REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Wilson Board Member | OfficerTrustee | 0 | $0 |
Jerome Trahan Vice President | OfficerTrustee | 0 | $0 |
Ken Flynt Board Member | OfficerTrustee | 0 | $0 |
Brenda Sheffield Secretary | OfficerTrustee | 1 | $0 |
Laura Carmichael Board Member | OfficerTrustee | 0 | $0 |
Ed Snodgrass Board Member | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,639 |
| Investment income | $0 |
| 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 | $145,711 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,650 |
| Office expenses | $879 |
| Information technology | $0 |
| Royalties | $7,200 |
| Occupancy | $3,108 |
| Travel | $1,070 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,054 |
| Payments to affiliates | $1,923 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,224 |
| All other expenses | $0 |
| Total functional expenses | $58,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,655 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,250 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $95,905 |
| Accounts payable and accrued expenses | $398 |
| 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 | $23,477 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $23,875 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $72,030 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Jimmie Rodgers Foundation Inc has recieved totaling $11.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tennessee Golf Foundation Franklin, TN | $24,594,928 | $7,116,069 |
Discovery Park Of America Inc Union City, TN | $88,157,973 | $11,219,580 |
Tennessee State Museum Foundation Nashville, TN | $6,574,867 | $116,981 |
Cook Museum Of Natural Science Decatur, AL | $31,863,685 | $9,083,410 |
Adventure Science Center Nashville Nashville, TN | $22,045,170 | $10,457,321 |
Tennessee Valley Railroad Museum Inc Chattanooga, TN | $14,724,108 | $5,452,372 |
Childrens Museum Of Northwestarkansas Bentonville, AR | $23,218,828 | $2,416,188 |
The Ogden Museum Of Southern Art Inc New Orleans, LA | $9,894,768 | $3,382,497 |
Museum Of Discovery Little Rock, AR | $11,251,257 | $7,522,016 |
Mast Inc Pearlington, MS | $21,017,429 | $1,438,366 |
Red River Stem Inc Shreveport, LA | $1,650,854 | $2,894,805 |
Longue Vue House And Gardens Corporation New Orleans, LA | $24,403,736 | $2,405,965 |