Mississippi Museum Of Art Inc

Organization Overview

Mississippi Museum Of Art Inc is located in Jackson, MS. The organization was established in 1952. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Mississippi Museum Of Art Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Museum Of Art 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, Mississippi Museum Of Art Inc generated $5.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $6.2m during the year ending 06/2022. While expenses have increased by 2.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

DEVELOPMENT OF CULTURAL AND ARTISTIC ENLIGHTENMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION & INFORMATION - OPERATES MUSEUM SCHOOL IN SUMMER. OFFERS SYMPOSIUM AND ACTIVITIES THROUGHOUT THE YEAR. OFFERS STATEWIDE EDUCATIONAL OUTREACH PROGRAM FOR SCHOOLS. TRAINS VOLUNTEERS WHO WILL WORK IN ALL AREAS OF THE MUSEUM.


COLLECTION, EXHIBITONS AND ACCESSIONS OF ART - RESPONSIBLE FOR ACQUISITONS TO AND MAINTENANCE OF 3000+ ART OBJECTS ANNUALLY VISITED BY 75,000+ VISITORS.


N/A


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Board, Officers & Key Employees

Name (title)Compensation
Betsy Bradley
Director
$289,631
Christy Jones
Chairman
$0
Denise Owens
Vice Chairman
$0
Edmund Lee
At Large
$0
Laurie H Mcree
At Large
$0
Stephen C Edds
Past Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$310,381
Fundraising events$0
Related organizations$271,294
Government grants $225,601
All other contributions, gifts, grants, and similar amounts not included above$3,266,219
Noncash contributions included in lines 1a–1f $188,000
Total Revenue from Contributions, Gifts, Grants & Similar$4,073,495
Total Program Service Revenue$5,273
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $116,359
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 $49,051
Miscellaneous Revenue$0
Total Revenue $5,472,334

Grants Recieved

Over the last fiscal year, we have identified 19 grants that Mississippi Museum Of Art Inc has recieved totaling $1,886,585.

Awarding OrganizationAmount
Ford Foundation

New York, NY

PURPOSE: GENERAL SUPPORT AND FOR CORE SUPPORT FOR INSTITUTIONAL STRENGTHENING

$361,250
Community Foundation For Mississippi

Jackson, MS

PURPOSE: GENERAL OPER SUPPORT

$356,818
Andrew W Mellon Foundation

New York, NY

PURPOSE: TO SUPPORT THE MUSEUM'S ROLE AS ACADEMIC HUB AMONG FOUR COLLEGES AND UNIVERSITIES IN JACKSON, MISSISSIPPI

$350,000
Henry Luce Foundation Inc

New York, NY

PURPOSE: A MOVEMENT IN EVERY DIRECTION: LEGACIES OF THE GREAT MIGRATION

$200,000
Henry Luce Foundation Inc

New York, NY

PURPOSE: MUSEUM PARTNERS FOR SOCIAL JUSTICE PROJECT

$150,000
Selby And Richard Mcrae Foundation

Jackson, MS

PURPOSE: EXHIBIT OPENING WEEKEND GALA

$150,000
View Grant Recipient Profile

Endowment Analysis

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