Miss Mississippi Corporation
- Assets
- $98.9k
- Revenue
- $502.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Vicksburg, MS
- Founding
- 06/1995
- Data as of
- 12/2022
- EIN
- 64-0838547
Organization Overview
Miss Mississippi Corporation is located in Vicksburg, MS. The organization was established in 1995. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Miss Mississippi Corporation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miss Mississippi Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Miss Mississippi Corporation generated $502.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $529.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SCHOLARSHIP OPPORTUNITIES TO INSTITUTIONS OF HIGHER LEARNING TO YOUNG WOMEN IN MISSISSIPPI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THIS ORGANIZATION IS TO ADMINISTER AND PRODUCE THE MISS MISSSISSIPPI PAGEANT. THROUGH THIS ENDEAVOR SEVERAL YOUNG WOMEN ARE PROVIDED SCHOLARSHIPS TO INSTITUTIONS OF HIGHER LEARNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammy Folger-Sutter Pageant Trea | Officer | $0 | |
Winky Freeman Director | Officer | $0 | |
Kim Blackwell Director | Officer | $0 | |
Johnny L Reynolds Director | Officer | $0 | |
David Blackledge Executive Di | Officer | $0 | |
Karen Jones Director | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $48,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $100,887 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $148,887 |
| Total Program Service Revenue | $353,900 |
| Investment income | $123 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $502,910 |
| 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 | $16,774 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,273 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,934 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,286 |
| All other expenses | $46,061 |
| Total functional expenses | $529,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,467 |
| Savings and temporary cash investments | $80,392 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $98,859 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $98,859 |
| Total liabilities and net assets/fund balances | $98,859 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Liberty Bowl Festival Assn Memphis, TN | $2,194,602 | $10,839,086 |
Gentilly Carnival Club Jefferson, LA | $3,366,886 | $4,740,044 |
Arkansas Livestock Show Assoc Little Rock, AR | $4,870,203 | $5,931,539 |
Friends Of The Festival Inc Chattanooga, TN | $2,789,360 | $3,355,227 |
National Peanut Festival Assn Inc Dothan, AL | $12,226,185 | $2,754,478 |
Mississippi Gulf Coast Billfish Classic Inc Biloxi, MS | $441,854 | $1,839,419 |
Neshoba County Fair Association Inc Philadelphia, MS | $894,951 | $1,686,579 |
Alabama National Fair Montgomery, AL | $1,396,624 | $1,744,335 |
Four States Fair Association Incorporated Texarkana, AR | $4,598,098 | $1,680,169 |
Appalachian Fair Association Incorporated Johnson City, TN | $1,397,358 | $1,047,623 |
Williamson County Fair Association Inc Franklin, TN | $1,512,257 | $1,256,705 |
Krewe Of Pygmalion Inc New Orleans, LA | $457,087 | $1,137,003 |