Mississippi Press Association Inc
- Assets
- $487.7k
- Revenue
- $178.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, MS
- Founding
- 06/1981
- Data as of
- 12/2021
- EIN
- 64-0467577
Organization Overview
Mississippi Press Association Inc is located in Jackson, MS. The organization was established in 1981. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, 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 Press Association 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 12/2021, Mississippi Press Association Inc generated $178.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $147.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE BUSINESS INTERESTS OF MISSISSIPPI NEWSPAPERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT CONVENTION AND MID-WINTER CONFERENCE FORMEMBERS AND ASSOCIATES
CONDUCT VARIOUS CLINICS AND WORKSHOPS THROUGHOUT THE YEAR FOR MEMBERS AND ASSOCIATES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Layne Bruce Secretary | Officer | 10 | $0 |
George Turner 2nd Vice President | Officer | 2 | $0 |
Jack Ryan President | Officer | 5 | $0 |
Kevin Cooper Immediate Past President | Officer | 3 | $0 |
Stephanie Patton 1st Vice President | Officer | 2 | $0 |
Amanda S Ferguson Director | Trustee | 1 | $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 | $131,534 |
| Investment income | $8,495 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,334 |
| Net Gain/Loss on Asset Sales | $9,789 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $178,473 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $42,000 |
| Fees for services: Legal | $5,000 |
| Fees for services: Accounting | $5,845 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,163 |
| Fees for services: Other | $11,750 |
| Advertising and promotion | $2,414 |
| Office expenses | $68 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,120 |
| Travel | $7,185 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,025 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,970 |
| Insurance | $0 |
| All other expenses | $9,580 |
| Total functional expenses | $147,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $420 |
| Savings and temporary cash investments | $9,418 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $220,369 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $127,271 |
| Intangible assets | $0 |
| Other assets | $130,199 |
| Total assets | $487,677 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,400 |
| Total liabilities | $1,400 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $486,277 |
| Total liabilities and net assets/fund balances | $487,677 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mississippi Press Association Inc has recieved totaling $156,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation For Mississippi Jackson, MS PURPOSE: GENERAL OPER SUPPORT | $156,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Press Of Mississippi Inc Jackson, MS | $6,089,219 | $4,042,971 |
Randall House Publications Of The National Assn Of Free Will Baptist Nashville, TN | $2,277,903 | $2,957,319 |
Walls Newspapers Consultants Employees Medical Plan Trust Birmingham, AL | $262,087 | $1,254,361 |
Oxford American Literary Project Inc Little Rock, AR | $826,347 | $1,575,021 |
Apologetics Press Incorporated Montgomery, AL | $1,709,297 | $1,250,838 |
Mississippi Center For Investigative Reporting Inc Brandon, MS | $59,498 | $378,973 |
Shearman Foundation Lake Charles, LA | $4,398,136 | $222,853 |
The Full Life Ahead Foundation Birmingham, AL | $670,999 | $332,413 |
Arkansas Press Association Little Rock, AR | $1,277,181 | $179,925 |
Focus Press Inc Franklin, TN | $27,688 | $169,380 |
Promise Network Inc Birmingham, AL | $708,332 | $22,321 |
Mississippi Press Association Inc Jackson, MS | $487,677 | $178,473 |