Spirit Ministries Incorporated is located in Madisonville, TN. The organization was established in 2015. According to its NTEE Classification (X84) the organization is classified as: Religious Radio, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spirit Ministries Incorporated 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 12/2022, Spirit Ministries Incorporated generated $68.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $51.8k during the year ending 12/2022. While expenses have increased by 9.4% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE THE MADISONVILLE AREA WITH A CHRISTIAN RADIO STATION THAT SPREADS THE GOSPEL ENCOURAGES CHRISTIANS AND PROVIDES COMMUNITY PROGRAMING
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Anderson President | 10 | $0 | |
Julie Anderson Secretry And Board Member | 10 | $0 | |
Jared Anderson Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,135 |
| Total Program Service Revenue | $45,833 |
| Membership dues | $0 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,992 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,045 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $26,316 |
| Printing, publications, postage, and shipping | $84 |
| Other expenses | $19,438 |
| Total expenses | $51,780 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,330 |
| Other assets | $0 |
| Total assets | $78,139 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,139 |