Civic Intelligence

Mississippi Maritime Museum Inc

EIN 20-8271687 • 501(c)3 • Pascagoula, MS

Profile

The maritime museum will tell the story of the state's 300 year maritime history and will serve as a repository to archive, preserve, and display maritime artifacts and historical documents as well as provide extensive educational programs for k-12 school children.

PO Box 243Pascagoula, MS 39568

msmaritimemuseum.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.30x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

21.83x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

2nd percentile

-206%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

30th percentile

-2.7%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-79%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$1,166,975

Down $32,795 (-2.7%) from 2023

Liabilities

Flat

$347,674

Flat from 2023

Net Assets

Down

$819,301

Down $32,795 (-3.8%) from 2023

Operations
Liabilities / Revenue99th percentileNet Margin2nd percentile

Revenue

Down

$15,928

Down $61,734 (-79%) from 2023

Expenses

Down

$48,723

Down $88,387 (-64%) from 2023

Net Income

Up

-$32,795

Up $26,653 (+45%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth30th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2015: $463,755Liabilities 2015: $149,028Net Assets 2015: $314,7272015Assets 2016: $707,565Liabilities 2016: $302,805Net Assets 2016: $404,7602016Assets 2017: $846,500Liabilities 2017: $382,666Net Assets 2017: $463,8342017Assets 2018: $909,048Liabilities 2018: $382,666Net Assets 2018: $526,3822018Assets 2019: $1,579,848Liabilities 2019: $377,531Net Assets 2019: $1,202,3172019Assets 2020: $1,639,337Liabilities 2020: $369,322Net Assets 2020: $1,270,0152020Assets 2021: $1,453,409Liabilities 2021: $360,485Net Assets 2021: $1,092,9242021Assets 2022: $1,257,972Liabilities 2022: $346,428Net Assets 2022: $911,5442022Assets 2023: $1,199,770Liabilities 2023: $347,674Net Assets 2023: $852,0962023Assets 2024: $1,166,975Liabilities 2024: $347,674Net Assets 2024: $819,3012024

Highlighted filing

2024

Assets$1,166,975
Liabilities$347,674
Net Assets$819,301
Open 2024 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2015: $306,620Expenses 2015: $32,400Net Income 2015: $274,2202015Revenue 2016: $319,151Expenses 2016: $229,118Net Income 2016: $90,0332016Revenue 2017: $197,258Expenses 2017: $138,184Net Income 2017: $59,0742017Revenue 2018: $161,244Expenses 2018: $98,696Net Income 2018: $62,5482018Revenue 2019: $743,522Expenses 2019: $67,587Net Income 2019: $675,9352019Revenue 2020: $179,295Expenses 2020: $111,597Net Income 2020: $67,6982020Revenue 2021: $47,145Expenses 2021: $224,236Net Income 2021: -$177,0912021Revenue 2022: $100,652Expenses 2022: $282,032Net Income 2022: -$181,3802022Revenue 2023: $77,662Expenses 2023: $137,110Net Income 2023: -$59,4482023Revenue 2024: $15,928Expenses 2024: $48,723Net Income 2024: -$32,7952024

Highlighted filing

2024

Revenue$15,928
Expenses$48,723
Net Income-$32,795
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,166,975
Liabilities
$347,674
Net assets
$819,301
Revenue
$15,928
Expenses
$48,723
Net income
-$32,795
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.35$0.82$0.02$0.05$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.20$0.35$0.85$0.08$0.14$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.26$0.35$0.91$0.10$0.28$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.45$0.36$1.09$0.05$0.22$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.64$0.37$1.27$0.18$0.11$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.58$0.38$1.20$0.74$0.07$0.68
2018Detailed filing. Detailed filing data is available for this year.$0.91$0.38$0.53$0.16$0.10$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.38$0.46$0.20$0.14$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.71$0.30$0.40$0.32$0.23$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.46$0.15$0.31$0.31$0.03$0.27
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 24, 2025
Return Version
2024v5.0
Gross Receipts
$15,928
Mission and Program Overview

Mission

The maritime museum will tell the story of the state's 300 year maritime history and will serve as a repository to archive, preserve, and display maritime artifacts and historical documents as well as provide extensive educational programs for k-12 school children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,190,848$1,158,608▼ $32,240
Cash and Non-Interest-Bearing Accounts$4,601$4,475▼ $126
Intangible Assets$4,321$3,892▼ $429
Total Assets$1,199,770$1,166,975▼ $32,795
Liabilities
Mortgage Notes Payable Secured by Investment Property$347,674$347,674→ $0
Total Liabilities$347,674$347,674→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$852,096$819,301▼ $32,795
Total Net Assets Fund Balance$852,096$819,301▼ $32,795
Total Liabilities and Net Assets / Fund Balance$1,199,770$1,166,975▼ $32,795

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$968,975$160,431$1,129,406
Land$150,000-$150,000
Other Land Buildings$34,800$21,653$56,453
Equipment$4,833$2,297$7,130
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Lorren WestPresident/tr
Adam AskewDirector
Jeri HeidelDirector
Patti BrooksDirector
Steve NailDirector
Jack Nail IiVice Board C
Betty CarterSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$15,928
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$15,030
Change in Net Assets
$-32,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$48,723
Total Fundraising Expense$1,730
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$32,669--$32,669
Occupancy$5,498--$5,498
Fees for Services Management$2,700$900$900$4,500
Fees for Services Accounting-$2,398-$2,398
Advertising$1,015-$269$1,284
Office Expenses$224$336$561$1,121
Fees for Services Legal-$670-$670
Conferences and Meetings$530--$530
Other Expenses-$53-$53
Total Functional Expenses$42,636$4,357$1,730$48,723
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 is provided to the board of directors prior to filing for approval.”

Form 990, Page 6, Part VI, Line 19

“Governing documents available upon request”

Filing and Contact Details

Filer

Filer Name
Mississippi Maritime Museum Inc
EIN
20-8271687
Phone
6789796023
Address
PO BOX 243, PASCAGOULA, MS 39568

Signing Officer

Name
Jack Nail Ii
Title
Vice Board Chair
Phone
6017096000
Signed
2025-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jack Nail Ii
Formed
2007
Legal Domicile
Ms
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Rankin & Associates Pllc
Address
3103 PASCAGOULA ST, PASCAGOULA, MS 39567-4214
Preparer
C Scott Rankin CPA
Phone
2287626343
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The maritime museum will tell the story of the state's 300 year maritime history and will serve as a repository to archive, preserve, and display maritime artifacts and historical documents as well as provide extensive educational programs for k-12 school children.”

Form 990, Page 2, Part III, Line 4D

“The maritime museum will tell the story of the state's 300 year maritime history and will serve as a repository to archive, preserve, and display maritime artifacts and historical documents as well as provide extensive educational programs for k-12 school children.”

Raw XML Appendix327 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/EquipmentGrp/DepreciationAmt02297
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07130
IRS990ScheduleD/LandGrp/BookValueAmt0150000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0150000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt034800
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021653
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MARITIME MUSEUM WILL TELL THE STORY OF THE STATE'S 300 YEAR MARITIME HISTORY AND WILL SERVE AS A REPOSITORY TO ARCHIVE, PRESERVE, AND DISPLAY MARITIME ARTIFACTS AND HISTORICAL DOCUMENTS AS WELL AS PROVIDE EXTENSIVE EDUCATIONAL PROGRAMS FOR K-12 SCHOOL CHILDREN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MARITIME MUSEUM WILL TELL THE STORY OF THE STATE'S 300 YEAR MARITIME HISTORY AND WILL SERVE AS A REPOSITORY TO ARCHIVE, PRESERVE, AND DISPLAY MARITIME ARTIFACTS AND HISTORICAL DOCUMENTS AS WELL AS PROVIDE EXTENSIVE EDUCATIONAL PROGRAMS FOR K-12 SCHOOL CHILDREN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04357
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt042636
IRS990/TotalFunctionalExpensesGrp/TotalAmt048723
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0347674
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IRS990/TotalLiabilitiesGrp/EOYAmt0347674
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0819301
IRS990/TotalOtherProgSrvcExpenseAmt09392
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07538 OLD CANTON RD
IRS990/USAddress/CityNm0MADISON
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039110
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IRS990/WebsiteAddressTxt0MSMARITIMEMUSEUM.ORG
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JACK NAIL II
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum06017096000
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MISSISSIPPI MARITIME MUSEUM INC
ReturnHeader/Filer/BusinessNameControlTxt0MISS
ReturnHeader/Filer/EIN0208271687
ReturnHeader/Filer/PhoneNum06789796023
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 243
ReturnHeader/Filer/USAddress/CityNm0PASCAGOULA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460686567
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RANKIN & ASSOCIATES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03103 PASCAGOULA ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PASCAGOULA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0395674214
ReturnHeader/PreparerPersonGrp/PhoneNum02287626343
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0C SCOTT RANKIN CPA
ReturnHeader/ReturnTs02025-10-31T14:01:16-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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