Liabilities / Assets
30th percentile
Higher debt load relative to assets than 30% of similar nonprofits.
Mississippi News and Information Corp
990 • Fiscal year 2018 • EIN 47-2158741
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
25th percentile
Higher debt load relative to revenue than 25% of similar nonprofits.
Net Margin
75th percentile
Higher net margin than 75% of similar nonprofits.
Top Officer Pay
72nd percentile
Higher top officer pay than 72% of similar nonprofits.
Top officer pay equals 5.2% of source-year revenue.
Asset Growth
82nd percentile
Faster asset growth than 82% of similar nonprofits.
Revenue Growth
98th percentile
Faster revenue growth than 98% of similar nonprofits.
Balance Sheet
Assets
Up$2,089,688
Up $368,143 (+21%) from 2017
Net Assets
Up$2,055,706
Up $368,910 (+22%) from 2017
Liabilities
Down$33,982
Down $767 (-2.2%) from 2017
Revenue And Expenses
Revenue
Up$2,117,316
Up $1,574,943 (+290%) from 2017
Expenses
Up$1,748,406
Up $179,428 (+11%) from 2017
Net Income
Up$368,910
Up $1,395,515 (+136%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Oct 31, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $2,117,316
Mission and Program Overview
Mission
Mississippi news and information corporation, operating as mississippi today, is a nonpartisan, nonprofit digital news and information resource that aggresively and objectively covers state and local government affairs and community issues, including education, health, economic development, poverty and race, as well as mississippi's social culture. The staff produces high-quality reporting to act as a government watchdog, support the functioning democracy and helping shape the future of the state. Increasing citizen awareness, including how government action affects people and communities, may lead to greater civic engagement. Mississippi today helps create the next generation of distinguished journalists by recruiting exceptional graduates of journalism, communications and public policy educational institutions and working with current students at the state's colleges and universities to develop skills that will prepare them for productive careers.
Digital news and information resource covering state and local government affairs and community issues, including education, health, economic development, poverty and race, as well as mississippi's social culture.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Pledges and Grants Receivable | $1,155,278 | $1,559,778 | ▲ $404,500 |
| Cash and Non-Interest-Bearing Accounts | $469,623 | $438,587 | ▼ $31,036 |
| Land, Buildings, and Equipment, Net | $75,216 | $48,623 | ▼ $26,593 |
| Savings and Temporary Cash Investments | - | $28,568 | - |
| Prepaid Expenses and Deferred Charges | $12,624 | $9,275 | ▼ $3,349 |
| Accounts Receivable | $3,019 | $1,293 | ▼ $1,726 |
| Total Assets | $1,721,545 | $2,089,688 | ▲ $368,143 |
| Other Assets Total | $5,785 | $3,564 | ▼ $2,221 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $30,100 | $29,374 | ▼ $726 |
| Deferred Revenue | $4,649 | $4,608 | ▼ $41 |
| Total Liabilities | $34,749 | $33,982 | ▼ $767 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $1,155,278 | $1,618,374 | ▲ $463,096 |
| Unrestricted Net Assets | $531,518 | $437,332 | ▼ $94,186 |
| Total Net Assets Fund Balance | $1,686,796 | $2,055,706 | ▲ $368,910 |
| Total Liabilities and Net Assets / Fund Balance | $1,721,545 | $2,089,688 | ▲ $368,143 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $44,890 | $64,580 | $109,470 |
| Leasehold Improvements | $3,733 | $1,807 | $5,540 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Mary Margaret White | Executive Director | FT | $98,346 | $10,928 | $109,274 |
| Fred Anklam | Co-chief Editorial Officer - Former | FT | $74,694 | $13,846 | $88,540 |
| Dennis Moore | Co-chief Editorial Officer - Former | FT | $77,066 | $8,445 | $85,511 |
| Ryan L Nave | Editor-in-chief | FT | $75,928 | $7,500 | $83,428 |
| Mandy Pope | Chief Operating Officer - Former | FT | $45,722 | $11,834 | $57,556 |
Board Members and Trustees
| Name | Title |
|---|---|
| Donna Barksdale | Director and Chair |
| Andrew Lack | Director |
| Charles Overby | Director |
| Jim Barksdale | Director |
| Seetha Srinivasan | Director |
| Tom Pittman | Director |
| Tray Hairston | Director |
| Will Norton | Director |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $2,104,678
- Program Service Revenue
- $12,583
- Investment Income
- $55
- Other Revenue
- $0
- All Other Contributions
- $2,104,678
- Change in Net Assets
- $368,910
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $2,117,316
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $3,376
- Total Revenue per Audited Statements
- $2,120,692
- Total Revenue per Form 990
- $2,117,316
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,223,698 |
| Other Expenses | $524,708 |
| Total Fundraising Expense | $151,717 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $533,655 | $60,319 | $36,919 | $630,893 |
| Current Officers, Directors, Trustees, and Key Employees | $314,458 | $35,543 | $21,754 | $371,755 |
| Fees for Services Other | $83,449 | $12,042 | $67,875 | $163,366 |
| Other Employee Benefits | $103,596 | $10,492 | $5,671 | $119,759 |
| Occupancy | $89,332 | $8,520 | $1,704 | $99,556 |
| Payroll Taxes | $64,704 | $7,168 | $4,404 | $76,276 |
| Travel | $64,761 | - | - | $64,761 |
| Office Expenses | $38,419 | $3,178 | $2,090 | $43,687 |
| Other Expenses | $29,133 | - | $9,712 | $38,845 |
| Depreciation Depletion | $26,441 | $1,139 | $168 | $27,748 |
| Pension Plan Contributions | $23,489 | $903 | $623 | $25,015 |
| Conferences and Meetings | $22,169 | - | - | $22,169 |
| Advertising | $19,389 | - | $498 | $19,887 |
| Insurance | $13,149 | $1,494 | $299 | $14,942 |
| Fees for Services Legal | $2,015 | $11,525 | - | $13,540 |
| Fees for Services Accounting | - | $12,568 | - | $12,568 |
| Information Technology | $3,639 | - | - | $3,639 |
| Total Functional Expenses | $1,431,798 | $164,891 | $151,717 | $1,748,406 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,751,782 |
| Expenses per Audited Statements | $1,748,406 |
| Total Expenses per Form 990 | $1,748,406 |
| Expenses Not Reported on Form 990 | $3,376 |
| Expenses Not Reported on Financial Statements | $0 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Interested-Person Transactions
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Jim Barksdale | Director | The Organization Rents Office Space From the Woodlands Office Park, LLC Which Is Majority Owned by Jim Barksdale, Director | No | $84,038 |
| Jim Barksdale | Director | Edgetheory, LLC Provided Technology Consulting During the Tax Year for the Organization. Jim Barksdale, Director, Has a Direct Ownership in Edgetherory, Llc. | No | $6,000 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- Yes
- 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
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 2
“Mississippi news and information corp rents office space from the woodlands office park, llc which is majority owned by jim barksdale, board director. Edgetheory, llc provided technology consulting during the tax year for mississippi news and information corp. Jim barksdale, director, has a direct ownership in edgetheory, llc. Donna barksdale, executive chair, and jim barksdale, director, have a family relationship - husband and wife.”
Form 990, Part VI, Section B, Line 11B
“A draft of the form 990 is provided to both the executive director and the board of directors. The draft is reviewed and discussed. Any questions brought up by the board members or the executive director are answered and/or cleared before the return is filed.”
Form 990, Part VI, Section B, Line 12C
“The conflict of interest policy covers all members of the board. Each board member is supplied with a copy of the policy each year and signs an annual statement which affirms that the director has received a copy of the policy, has read and understands the policy, has complied with the policy and understands that the organization is charitable and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax exempt purposes. Board members have a duty to disclose potential or actual conflicts to the executive chair and the remaining board members decide if a potential or actual conflict exists. If applicable, identified conflicts of interest and appropriate recusals are documented in the board minutes.”
Form 990, Part VI, Section B, Line 15
“The process for determining compensation for the chief executives includes a review and approval by the compensation committee of the board of directors. Comparability data used in the review process is obtained through review of compensation of positions of comparable organizations. The decisions are documented in committee meeting and/or board meeting minutes.”
Form 990, Part VI, Section C, Line 19
“The audited financial statements and tax returns are available on the organization's website (www.mississippitoday.org). Governing documents and conflict of interest policy are available upon request”
Filing and Contact Details
Filer
- Filer Name
- Mississippi News and Information Corp
- EIN
- 47-2158741
- Phone
- 6015334860
- Address
- 750 WOODLANDS PARKWAY STE 100, RIDGELAND, MS 39157
Signing Officer
- Name
- Mary Margaret White
- Title
- Executive Director
- Phone
- 6015334860
- Signed
- 2019-10-31
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Mary Margaret White
- Formed
- 2014
- Legal Domicile
- Ms
- Voting Board Members
- 8
- Independent Board Members
- 8
- Employees
- 23
- Volunteers
- 8
Preparer
- Firm
- Matthews Cutrer & Lindsay Pa
- Address
- 599 C STEED ROAD, RIDGELAND, MS 39157
- Preparer
- Charles R Lindsay CPA
- Phone
- 6018988875
Supplemental Narrative
Additional Explanations
Form 990, Page 12, Part XII, Line 2C
“The auditor meets with the board of directors making a full presentation at the completion of the audit answering any questions. The auditor works closely with the board of directors during the year should any concerns arise.”
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| IRS990/ActivityOrMissionDesc | 0 | DIGITAL NEWS AND INFORMATION RESOURCE COVERING STATE AND LOCAL GOVERNMENT AFFAIRS AND COMMUNITY ISSUES, INCLUDING EDUCATION, HEALTH, ECONOMIC DEVELOPMENT, POVERTY AND RACE, AS WELL AS MISSISSIPPI'S SOCIAL CULTURE. |
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| IRS990/Desc | 0 | MISSISSIPPI TODAY IS THE STATE'S ONLY FULLY STAFFED NONPROFIT, NONPARTISAN NEWSROOM, OFFERING INDEPTH INVESTIGATIVE AND ENTERPRISE REPORTING FROM ALL CORNERS OF THE STATE. THERE IS NEVER A PAYWALL TO VIEW THE REPORTING, LISTEN TO THE PODCAST OR ACCESS THE DATA SETS ON OUR SITE. THE PRESENCE OF MISSISSIPPI TODAY JOURNALISTS CREATES A HIGHER LEVEL OF ACCOUNTABILITY AMONG ELECTED OFFICIALS, GOVERNMENT AGENCIES AND COMMUNITY LEADERS THAN SEEN IN RECENT HISTORY. MISSISSIPPI TODAY REPORTING IN THE AREAS OF POLITICS, EDUCATION, INFRASTRUCTURE AND EQUITY HAS BEEN ESPECIALLY IMPACTFUL OVER THE PAST YEAR, PROVIDING INSIGHT AND EXPLANATION OF BREAKING NEWS AND SYSTEMIC ISSUES THAT HAS LONG GONE UNREPORTED. MISSISSIPPI TODAY HAD NEARLY 1 MILLION PAGE VIEWS IN 2018, WITH 625,000 USERS. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | EXECUTIVE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | EDITOR-IN-CHIEF |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | CHIEF OPERATING OFFICER - FORMER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | CO-CHIEF EDITORIAL OFFICER - FORMER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | CO-CHIEF EDITORIAL OFFICER - FORMER |
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| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2014 |
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| IRS990/FSAuditedInd | 0 | 1 |
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| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 2117316 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 3639 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 3639 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 299 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1494 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 13149 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 14942 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 55 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 55 |
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| IRS990/IRPDocumentCnt | 0 | 26 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
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| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 75216 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 48623 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 115010 |
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| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | MISSISSIPPI NEWS AND INFORMATION CORPORATION, OPERATING AS MISSISSIPPI TODAY, IS A NONPARTISAN, NONPROFIT DIGITAL NEWS AND INFORMATION RESOURCE THAT AGGRESIVELY AND OBJECTIVELY COVERS STATE AND LOCAL GOVERNMENT AFFAIRS AND COMMUNITY ISSUES, INCLUDING EDUCATION, HEALTH, ECONOMIC DEVELOPMENT, POVERTY AND RACE, AS WELL AS MISSISSIPPI'S SOCIAL CULTURE. THE STAFF PRODUCES HIGH-QUALITY REPORTING TO ACT AS A GOVERNMENT WATCHDOG, SUPPORT THE FUNCTIONING DEMOCRACY AND HELPING SHAPE THE FUTURE OF THE STATE. INCREASING CITIZEN AWARENESS, INCLUDING HOW GOVERNMENT ACTION AFFECTS PEOPLE AND COMMUNITIES, MAY LEAD TO GREATER CIVIC ENGAGEMENT. MISSISSIPPI TODAY HELPS CREATE THE NEXT GENERATION OF DISTINGUISHED JOURNALISTS BY RECRUITING EXCEPTIONAL GRADUATES OF JOURNALISM, COMMUNICATIONS AND PUBLIC POLICY EDUCATIONAL INSTITUTIONS AND WORKING WITH CURRENT STUDENTS AT THE STATE'S COLLEGES AND UNIVERSITIES TO DEVELOP SKILLS THAT WILL PREPARE THEM FOR PRODUCTIVE CAREERS. |
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| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2055706 |
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| IRS990/NondeductibleContributionsInd | 0 | 0 |
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| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 8520 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 89332 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 99556 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 2090 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3178 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 38419 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 43687 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 5785 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 3564 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 5671 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 10492 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 103596 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 119759 |
| IRS990/OtherExpensesGrp/Desc | 0 | EVENTS |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 9712 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 29133 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 38845 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 36919 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 60319 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 533655 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 630893 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 4404 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 7168 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 64704 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 76276 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 623 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 903 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 23489 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 25015 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 1155278 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 1559778 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 12624 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 9275 |
| IRS990/PrincipalOfficerNm | 0 | MARY MARGARET WHITE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 541800 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | ADVERTISING |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 12583 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 12583 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | MISSISSIPPI TODAY HOSTS A NUMBER OF EVENTS RANGING FROM FREE PUBLIC PROGRAMMING TO TICKETED EVENTS WITH NATIONAL NEWSMAKERS. THESE EVENTS ARE ESSENTIAL TO OUR MISSION OF PUBLIC SERVICE JOURNALISM, OFFERING A VENUE FOR READERS TO ENGAGE WITH REPORTERS, PUBLIC OFFICIALS AND COMMUNITY LEADERS WHO ARE SHAPING MISSISSIPPI. MISSISSIPPI TODAY HOSTED 11 EVENTS IN 2018 REACHING MORE THAN 2,000 PATRONS THROUGH OUR PUBLIC PROGRAMMING AND TICKETED EVENTS. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 29133 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 528162 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 19 |
| IRS990/PYOtherExpensesAmt | 0 | 522921 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 14192 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -1026605 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1046057 |
| IRS990/PYTotalExpensesAmt | 0 | 1568978 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 542373 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
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| IRS990/ReconcilationRevenueExpnssAmt | 0 | 368910 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 12583 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 28568 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 2104678 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 528162 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1202081 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2858549 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 6693470 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 55 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 19 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 641 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 716 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 2445070 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 4248400 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 2104678 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 528162 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1202081 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2858549 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 6693470 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 6697513 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt | 0 | 1485 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1287 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 555 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 3327 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 3376 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 3376 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 44890 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 64580 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 109470 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 3376 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1748406 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 3733 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 1807 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 5540 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 3376 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 2117316 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 48623 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1748406 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 2117316 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 2120692 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1751782 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | JIM BARKSDALE |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 1 | JIM BARKSDALE |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | DIRECTOR |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 1 | DIRECTOR |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 1 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 84038 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 1 | 6000 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | THE ORGANIZATION RENTS OFFICE SPACE FROM THE WOODLANDS OFFICE PARK, LLC WHICH IS MAJORITY OWNED BY JIM BARKSDALE, DIRECTOR |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 1 | EDGETHEORY, LLC PROVIDED TECHNOLOGY CONSULTING DURING THE TAX YEAR FOR THE ORGANIZATION. JIM BARKSDALE, DIRECTOR, HAS A DIRECT OWNERSHIP IN EDGETHERORY, LLC. |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MISSISSIPPI NEWS AND INFORMATION CORP RENTS OFFICE SPACE FROM THE WOODLANDS OFFICE PARK, LLC WHICH IS MAJORITY OWNED BY JIM BARKSDALE, BOARD DIRECTOR. EDGETHEORY, LLC PROVIDED TECHNOLOGY CONSULTING DURING THE TAX YEAR FOR MISSISSIPPI NEWS AND INFORMATION CORP. JIM BARKSDALE, DIRECTOR, HAS A DIRECT OWNERSHIP IN EDGETHEORY, LLC. DONNA BARKSDALE, EXECUTIVE CHAIR, AND JIM BARKSDALE, DIRECTOR, HAVE A FAMILY RELATIONSHIP - HUSBAND AND WIFE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | A DRAFT OF THE FORM 990 IS PROVIDED TO BOTH THE EXECUTIVE DIRECTOR AND THE BOARD OF DIRECTORS. THE DRAFT IS REVIEWED AND DISCUSSED. ANY QUESTIONS BROUGHT UP BY THE BOARD MEMBERS OR THE EXECUTIVE DIRECTOR ARE ANSWERED AND/OR CLEARED BEFORE THE RETURN IS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE CONFLICT OF INTEREST POLICY COVERS ALL MEMBERS OF THE BOARD. EACH BOARD MEMBER IS SUPPLIED WITH A COPY OF THE POLICY EACH YEAR AND SIGNS AN ANNUAL STATEMENT WHICH AFFIRMS THAT THE DIRECTOR HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS COMPLIED WITH THE POLICY AND UNDERSTANDS THAT THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. BOARD MEMBERS HAVE A DUTY TO DISCLOSE POTENTIAL OR ACTUAL CONFLICTS TO THE EXECUTIVE CHAIR AND THE REMAINING BOARD MEMBERS DECIDE IF A POTENTIAL OR ACTUAL CONFLICT EXISTS. IF APPLICABLE, IDENTIFIED CONFLICTS OF INTEREST AND APPROPRIATE RECUSALS ARE DOCUMENTED IN THE BOARD MINUTES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE PROCESS FOR DETERMINING COMPENSATION FOR THE CHIEF EXECUTIVES INCLUDES A REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. COMPARABILITY DATA USED IN THE REVIEW PROCESS IS OBTAINED THROUGH REVIEW OF COMPENSATION OF POSITIONS OF COMPARABLE ORGANIZATIONS. THE DECISIONS ARE DOCUMENTED IN COMMITTEE MEETING AND/OR BOARD MEETING MINUTES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE AUDITED FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE (WWW.MISSISSIPPITODAY.ORG). GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE AUDITOR MEETS WITH THE BOARD OF DIRECTORS MAKING A FULL PRESENTATION AT THE COMPLETION OF THE AUDIT ANSWERING ANY QUESTIONS. THE AUDITOR WORKS CLOSELY WITH THE BOARD OF DIRECTORS DURING THE YEAR SHOULD ANY CONCERNS ARISE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 12, PART XII, LINE 2C |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | AR |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 1 | CT |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 2 | FL |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 3 | MS |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 4 | NY |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 5 | TN |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 6 | CA |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 7 | NJ |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $2,089,688
- Liabilities
- $33,982
- Net assets
- $2,055,706
- Revenue
- $2,117,316
- Expenses
- $1,748,406
- Net income
- $368,910