Mississippi Gulf Coast Billfish Classic Inc

Organization Overview

Mississippi Gulf Coast Billfish Classic Inc is located in Biloxi, MS. The organization was established in 1999. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Gulf Coast Billfish Classic Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 09/2022, Mississippi Gulf Coast Billfish Classic Inc generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $1.8m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE TOURISM ON THE MISSISSIPPI GULF COAST

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORPORATION ORGANIZES, COORDINATES, AND FACILITATES A COMMUNITY EVENT IN ORDER TO SUPPORT AND PROMOTE TOURISM ON THE MISSISSIPPI GULF COAST.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Carter
President/treasurer
$30,000
Robbie Carter
Vice President/secretary
$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$1,839,419
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 $1,839,419

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