Mississippi Talent Education Inc
- Assets
- $31.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, MS
- Founding
- 05/2002
- Data as of
- 12/2021
- EIN
- 64-0924243
Organization Overview
Mississippi Talent Education Inc is located in Madison, MS. The organization was established in 2002. 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. Mississippi Talent Education 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 12/2021, Mississippi Talent Education Inc generated $57.2k 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 (7.5%) each year. All expenses for the organization totaled $35.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) 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
PROVIDE CHILDREN WITH PRIVATE AND GROUP MUSIC LESSONS. OFFERED VIOLIN, PIANO, GUITAR, CELLO AND CHORUS TO APPROXIATELY 70 CHILDREN, PROVIDE CHILDREN WITH PRIVATE LESSONS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $57,214 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,214 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,722 |
| Professional fees and other payments to independent contractors | $763 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $661 |
| Total expenses | $35,146 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,924 |
| Other assets | $0 |
| Total assets | $31,924 |
| Total liabilities | $0 |
| Net assets or fund balances | $31,924 |
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