Jackson Music Awards Association Inc
- Assets
- $11.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, MS
- Founding
- 05/2003
- Data as of
- 12/2023
- EIN
- 20-0706580
Organization Overview
Jackson Music Awards Association Inc is located in Jackson, MS. The organization was established in 2003. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., 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. Jackson Music Awards Association 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 12/2023, Jackson Music Awards Association Inc generated $80.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 24.7% each year . All expenses for the organization totaled $81.3k during the year ending 12/2023. While expenses have increased by 21.4% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessie Thompson Chairman | 35 | $0 | |
Lee King Executive Director | 25 | $0 | |
Esther Wooten Producer | 20 | $0 | |
Percy Davis Coordinator | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,500 |
| Total Program Service Revenue | $11,094 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,400 |
| Other Revenue | $0 |
| Total Revenue | $79,994 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $45,254 |
| Occupancy, rent, utilities, and maintenance | $7,995 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,083 |
| Total expenses | $81,332 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,345 |
| Other assets | $0 |
| Total assets | $11,345 |
| Total liabilities | $4,779 |
| Net assets or fund balances | $6,566 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Orleans Film And Video Society Inc New Orleans, LA | $1,227,106 | $1,381,892 |
The Troy Andrews Foundation New Orleans, LA | $3,079,136 | $1,186,170 |
Council Of American Jewish Museums Jackson, MS | $230,203 | $318,630 |
Kelly Foundation Incorporated Little Rock, AR | $303,059 | $121,617 |
The Downtown Dream Machine Memphis, TN | $328,087 | $0 |
Jackson Music Awards Association Inc Jackson, MS | $11,345 | $0 |
Preserve Lindsley Avenue Now Inc Nashville, TN | $22,648 | $0 |
Storytelling Resource Place Jonesborough, TN | $3,897 | $0 |
Suffrage Coalition Knoxville, TN | $245,228 | $0 |