Mississippi Ednet Institute Inc
- Assets
- $3.3m
- Revenue
- $503.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, MS
- Founding
- 07/1992
- Data as of
- 06/2021
- EIN
- 64-0794037
Organization Overview
Mississippi Ednet Institute Inc is located in Jackson, MS. The organization was established in 1992. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, 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. Mississippi Ednet Institute 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, Mississippi Ednet Institute Inc generated $503.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $351.9k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Mississippi Ednet Institute Inc has awarded 36 individual grants totaling $2,765,043. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, ENCOURAGE AND ASSIST ALL LEVELS OF EDUCATION, RESEARCH AND ECONOMIC DEVELOPMENT PRIMARILY WITHIN THE STATE OF MISSISSIPPI INCLUDING PRESCHOOL, ELEMENTARY, AND SECONDARY, ADULT AND HIGHER EDUCATION, ESPECIALLY IN LOCAL COMMUNITIES AND RURAL AREAS OF THE STATE, BY IMPLEMENTING A PUBLIC/PRIVATE PARTNERSHIP TO PROVIDE STATEWIDE ACCESS TO A WIRELESS TELEVISION SYSTEM FOR MISSISSIPPI - INSTRUCTIONAL TELEVISION FIXED SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEASING OF EXCESS CAPACITY AIR TIME ON ITFS CHANNELS BY MISSISSIPPI EDNET AS REQUIRED IN AGREEMENT WITH THE PROVIDER OF THE TRANSMITTER FACILITIES USED TO AIR MISSISSIPPI EDNET'S EDUCATIONAL PROGRAMMING.
LEASING OF EXCESS CAPACITY AIR TIME ON ITFS CHANNELS BY MISSISSIPPI EDNET AS REQUIRED IN AGREEMENT WITH THE PROVIDER OF THE TRANSMITTER FACILITIES USED TO AIR MISSISSIPPI EDNET'S EDUCATIONAL PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronnie Agnew End Date 123121 President/executive Director | Officer | 5 | $0 |
Craig Orgeron Director End Date: 8/7/20 | Trustee | 1 | $0 |
Dr Ford Dye Director End Date: 5/7/21 | Trustee | 1 | $0 |
Dr Andrea Mayfield Director End Date: 7/16/21 | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $500,952 |
| Investment income | $2,658 |
| 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 | $503,610 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $311,554 |
| 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 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 | $4,200 |
| Fees for services: Accounting | $10,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,000 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,627 |
| All other expenses | $0 |
| Total functional expenses | $351,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,604,619 |
| Savings and temporary cash investments | $412,067 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $275,430 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $57,431 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $975,732 |
| Total assets | $3,325,279 |
| Accounts payable and accrued expenses | $4,000 |
| Grants payable | $0 |
| Deferred revenue | $1,209,812 |
| 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 | $1,213,812 |
| Net assets without donor restrictions | $1,375,681 |
| Net assets with donor restrictions | $735,786 |
| 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 | $3,325,279 |
Grants Awarded
Over the last fiscal year, Mississippi Ednet Institute Inc has awarded $623,108 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
MS STATE BOARD FOR COMMUNITY AND JUNIOR COLLEGES PURPOSE: THIS IS A DISTRIBUTION OF EXCESS FUNDS, IN ACCORDANCE WITH THE PURPOSE OF MISSISSIPPI EDNET, SET FORTH IN THE ORGANIZATION'S BY-LAWS. | $62,311 |
MS STATE BOARD OF EDUCATION PURPOSE: THIS IS A DISTRIBUTION OF EXCESS FUNDS, IN ACCORDANCE WITH THE PURPOSE OF MISSISSIPPI EDNET, SET FORTH IN THE ORGANIZATION'S BY-LAWS. | $62,311 |
MS AUTHORITY FOR EDUCATIONAL TELEVISION PURPOSE: THIS IS A DISTRIBUTION OF EXCESS FUNDS, IN ACCORDANCE WITH THE PURPOSE OF MISSISSIPPI EDNET, SET FORTH IN THE ORGANIZATION'S BY-LAWS. | $62,311 |
MS STATE BOARD OF EDUCATION PURPOSE: THIS IS A DISTRIBUTION OF EXCESS FUNDS, IN ACCORDANCE WITH THE PURPOSE OF MISSISSIPPI EDNET, SET FORTH IN THE ORGANIZATION'S BY-LAWS. | $62,311 |
MS AUTHORITY FOR EDUCATIONAL TELEVISION PURPOSE: THIS IS A DISTRIBUTION OF EXCESS FUNDS, IN ACCORDANCE WITH THE PURPOSE OF MISSISSIPPI EDNET, SET FORTH IN THE ORGANIZATION'S BY-LAWS. | $62,311 |
MS BOARD OF TRUSTEES OF STATE INSTITUTIONS OF HIGHER LEARNING PURPOSE: THIS IS A DISTRIBUTION OF EXCESS FUNDS, IN ACCORDANCE WITH THE PURPOSE OF MISSISSIPPI EDNET, SET FORTH IN THE ORGANIZATION'S BY-LAWS. | $62,311 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memphis Fourth Estate Inc Memphis, TN | $2,591,759 | $5,585,999 |
Mid-South Public Communications Foundation Cordova, TN | $12,673,070 | $6,880,659 |
Partners For Christian Media Inc Chattanooga, TN | $2,733,948 | $3,141,174 |
Mississippi News And Information Corp Ridgeland, MS | $2,531,175 | $2,545,161 |
Wcca Inc Woodville, MS | $1,020,005 | $1,601,829 |
Acadiana Open Channel Inc Lafayette, LA | $521,946 | $724,630 |
Louisiana Association Of Broadcasters Baton Rouge, LA | $1,966,076 | $788,764 |
Shift Design Inc New Orleans, LA | $610,264 | $1,104,658 |
Cumberland Communities Communications Corporation Knoxville, TN | $529,914 | $717,404 |
Mississippi Ednet Institute Inc Jackson, MS | $3,325,279 | $503,610 |
Explorers Bible Study Association Dickson, TN | $901,380 | $497,542 |
Arkansas Broadcasters Association Little Rock, AR | $762,312 | $442,226 |