Liabilities / Assets
20th percentile
Higher debt load relative to assets than 20% of similar nonprofits.
Mississippi News and Information Corp
990 • Fiscal year 2021 • EIN 47-2158741
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
14th percentile
Higher debt load relative to revenue than 14% of similar nonprofits.
Net Margin
89th percentile
Higher net margin than 89% of similar nonprofits.
Top Officer Pay
56th percentile
Higher top officer pay than 56% of similar nonprofits.
Top officer pay equals 2.6% of source-year revenue.
Asset Growth
95th percentile
Faster asset growth than 95% of similar nonprofits.
Revenue Growth
89th percentile
Faster revenue growth than 89% of similar nonprofits.
Balance Sheet
Assets
Up$5,242,208
Up $2,711,033 (+107%) from 2020
Net Assets
Up$5,190,673
Up $2,979,134 (+135%) from 2020
Liabilities
Down$51,535
Down $268,101 (-84%) from 2020
Revenue And Expenses
Revenue
Up$5,184,768
Up $2,639,607 (+104%) from 2020
Expenses
Up$2,205,634
Up $247,425 (+13%) from 2020
Net Income
Up$2,979,134
Up $2,392,182 (+408%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Jun 15, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $5,186,235
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.
The organization provides top notch service journalism via digital dissemination.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $2,180,965 | $4,013,582 | ▲ $1,832,617 |
| Pledges and Grants Receivable | $248,071 | $1,146,911 | ▲ $898,840 |
| Land, Buildings, and Equipment, Net | $39,046 | $29,942 | ▼ $9,104 |
| Savings and Temporary Cash Investments | $33,999 | $25,000 | ▼ $8,999 |
| Prepaid Expenses and Deferred Charges | $18,095 | $13,336 | ▼ $4,759 |
| Accounts Receivable | $9,059 | $12,283 | ▲ $3,224 |
| Total Assets | $2,531,175 | $5,242,208 | ▲ $2,711,033 |
| Other Assets Total | $1,940 | $1,154 | ▼ $786 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $257,500 | $0 | ▼ $257,500 |
| Accounts Payable and Accrued Expenses | $54,335 | $48,551 | ▼ $5,784 |
| Deferred Revenue | $7,801 | $2,984 | ▼ $4,817 |
| Total Liabilities | $319,636 | $51,535 | ▼ $268,101 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $881,135 | $3,752,477 | ▲ $2,871,342 |
| Net Assets Without Donor Restrictions | $1,330,404 | $1,438,196 | ▲ $107,792 |
| Total Net Assets Fund Balance | $2,211,539 | $5,190,673 | ▲ $2,979,134 |
| Total Liabilities and Net Assets / Fund Balance | $2,531,175 | $5,242,208 | ▲ $2,711,033 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $29,533 | $116,483 | $146,016 |
| Leasehold Improvements | $409 | $5,131 | $5,540 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Thomas Ramsey | Highest Compensated Employ | FT | $104,504 | $27,802 | $132,306 |
| Mary Margaret White | Chief Executive Officer | FT | $117,088 | $15,127 | $132,215 |
| Adam Ganucheau | Editor-in-chief | FT | $82,905 | $7,638 | $90,543 |
Board Members and Trustees
| Name | Title |
|---|---|
| Donna Barksdale | Executive Chair |
| Andrew Lack | Director |
| Bill Bynum | Director |
| Charles Overby | Director |
| Jim Barksdale | Director |
| Jonathan Jones | Director |
| Tom Pittman | Director |
| Vangela Wade | Director |
| Seetha Srinivasan | Secretary |
| Tray Hairston | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $5,137,666
- Program Service Revenue
- $32,082
- Investment Income
- $15,020
- Other Revenue
- $0
- All Other Contributions
- $4,878,228
- Change in Net Assets
- $2,979,134
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $5,184,768
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $76,863
- Total Revenue per Audited Statements
- $5,261,631
- Total Revenue per Form 990
- $5,184,768
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,665,967 |
| Other Expenses | $539,667 |
| Total Fundraising Expense | $279,989 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $683,716 | $230,285 | $138,481 | $1,052,482 |
| Current Officers, Directors, Trustees, and Key Employees | $197,808 | $66,625 | $40,064 | $304,497 |
| Fees for Services Other | $132,435 | $16,219 | $37,639 | $186,293 |
| Other Employee Benefits | $113,359 | $31,695 | $25,102 | $170,156 |
| Payroll Taxes | $65,217 | $22,137 | $13,273 | $100,627 |
| Occupancy | $83,749 | $9,517 | $1,903 | $95,169 |
| Office Expenses | $70,018 | $13,342 | $10,372 | $93,732 |
| Advertising | $55,619 | - | $5,788 | $61,407 |
| Pension Plan Contributions | $24,612 | $8,498 | $5,095 | $38,205 |
| Travel | $25,779 | - | $270 | $26,049 |
| Conferences and Meetings | $24,574 | - | $8 | $24,582 |
| Depreciation Depletion | $16,967 | $2,737 | $1,120 | $20,824 |
| Insurance | $14,776 | $1,679 | $336 | $16,791 |
| Fees for Services Accounting | - | $11,700 | - | $11,700 |
| Other Expenses | $1,613 | - | $538 | $2,151 |
| Fees for Services Legal | - | $855 | - | $855 |
| Interest | $114 | - | - | $114 |
| Total Functional Expenses | $1,510,356 | $415,289 | $279,989 | $2,205,634 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $2,282,497 |
| Expenses per Audited Statements | $2,205,634 |
| Total Expenses per Form 990 | $2,205,634 |
| Expenses Not Reported on Form 990 | $76,863 |
| 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 | $65,616 |
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 35% controlled entity
- No
- Business relationship with family members
- Yes
- Business relationship with organization members
- No
- Material changes to governing documents
- Yes
- 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. Donna barksdale, executive chair, and jim barksdale, director, have a family relationship - husband and wife.”
Form 990, Part VI, Section A, Line 4
“Amendment to articles of incorporation to change name to deep south today”
Form 990, Part VI, Section B, Line 11B
“A draft of the form 990 is provided to both the chief executive officer and the board of directors. The draft is reviewed and discussed. Any questions brought up by the board members or the chief executive officer 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. Board member are supplied with a copy of the policy each year and signs an annual statement affirming that they have received a copy of the policy, have read and understand the policy, have complied with the policy and understand 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 of interest 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). The organization's governing documents and conflict of interest policy are available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Deep South Today
- EIN
- 47-2158741
- Phone
- 6015334860
- Address
- 750 WOODLANDS PARKWAY 100, RIDGELAND, MS 39157
Signing Officer
- Name
- Mary Margaret White
- Title
- Chief Executive Officer
- Phone
- 6015334860
- Signed
- 2022-06-15
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Mary Margaret White
- Formed
- 2014
- Legal Domicile
- Ms
- Voting Board Members
- 10
- Independent Board Members
- 10
- Employees
- 28
- Volunteers
- 10
Preparer
- Firm
- Matthews Cutrer & Lindsay Pa
- Address
- 1020 HIGHLAND COLONY PKWY 500, 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/Desc | 0 | MISSISSIPPI TODAY IS THE STATE'S ONLY FULLY STAFFED NONPROFIT, NONPARTISAN NEWSROOM, OFFERING IN-DEPTH INVESTIGATIVE AND ENTERPRISE REPORTING FROM ALL CORNERS OF THE STATE. THERE IS NEVER A PAYWALL TO VIEW THE REPORTING, LISTEN TO OUR 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 COVID-19, PUBLIC HEALTH, POLITICS, EDUCATION, CRIMINAL JUSTICE, WORKFORCE AND EQUITY HAS BEEN ESPECIALLY IMPACTFUL OVER THE PAST YEAR, PROVIDING INSIGHT AND EXPLANATION OF BREAKING NEWS AND SYSTEMIC ISSUES THAT HAVE LONG GONE UNREPORTED. WE HAD 7 MILLION PAGEVIEWS ON OUR SITE IN 2021, A GREAT REFLECTION OF OUR ABILIITY TO RETAIN THE COVID BUMP IN READERSHIP OF 2020 THAT TOTALED ALMOST 9 MILLION. WE REACHED 3.2 MILLION USERS IN 2021, AS COMPARED TO OUR COVID RECORD OF 3.7 MILLION IN 2020. OUR MONTHLY AVERAGE READERS WAS 268,000, AS COMPARED TO A MONTHLY AVERAGE OF ABOUT 374,000 IN 2020. WE EARNED A 38 PERCENT INCREASE IN ANNUAL MEMBER/DONORS FOR A TOTAL OF $327,000 IN READER REVENUE IN 2021. |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | CHIEF EXECUTIVE OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | EDITOR-IN-CHIEF |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | HIGHEST COMPENSATED EMPLOY |
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| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2014 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
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| IRS990/FSAuditedInd | 0 | 1 |
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| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 7909 |
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| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GovernmentGrantsAmt | 0 | 259438 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
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| IRS990/GrossReceiptsAmt | 0 | 5186235 |
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| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
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| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
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| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1679 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 14776 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 16791 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 114 |
| IRS990/InterestGrp/TotalAmt | 0 | 114 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 8578 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 8578 |
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| IRS990/IRPDocumentW2GCnt | 0 | 0 |
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| IRS990/MembersOrStockholdersInd | 0 | 0 |
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| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE ORGANIZATION IS COMMITTED TO ENGAGE READERS BY: - PROVIDING TOP-NOTCH SERVICE JOURNALISM VIA DIGITAL DESSEMINATION - CREATING A FORUM FOR PUBLIC DIALOG THROUGH SOCIAL MEDIA - HOSTING LIVE EVENTS (HTTPS://MISSISSIPPITODAY.ORG/EVENTS/) WHERE PEOPLE CAN INTERACT WITH NEWSMAKERS AND REPORTERS |
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| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 70018 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 93732 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1940 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1154 |
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| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 170156 |
| IRS990/OtherExpensesGrp/Desc | 0 | EVENTS |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1613 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2151 |
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| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 683716 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1052482 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
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| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 13273 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 22137 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 65217 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 100627 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 5095 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 8498 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 24612 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 38205 |
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| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 1146911 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 18095 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 13336 |
| IRS990/PrincipalOfficerNm | 0 | MARY MARGARET WHITE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 541800 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | ADVERTISING |
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| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 32082 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | MISSISSIPPI TODAY HOSTS A NUMBER OF PROGRAMS AND PODCASTS RANGING FROM INTIMATE CONVERSATIONS WITH POLITICIANS, AUTHORS AND NEWSMAKERS, TO PANEL DISCUSSIONS ON IMPORTANT STORIES AND ISSUES FACING MISSISSIPPIANS. THESE PROGRAMS 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. IN 2021, WE HOSTED A MONTHLY ZOOM SERIES FEATURING NOTABLE MISSISSIPPIANS, MISSISSIPPI STORIES, AS WELL AS A SERIES OF VIRTUAL TOWN HALL MEETINGS, THE MOST SUCCESSFUL BEING A COVID COMMUNITY TOWN HALL, ATTENDED BY OVER 200 PEOPLE AND FEATURING INTERVIEWS WITH THE LT. GOVERNOR AND LEADERS IN BOTH EDUCATION AND HEALTH. IN ADDITION TO OUR WEEKLY PODCAST ON POLITICS AND POLICY, THE ONLY OF ITS KIND IN THE STATE, WE ALSO LAUNCHED A SPORTS PODCAST AND CREATED A PODCAST COMPANION TO OUR MISSISSIPPI STORIES SERIES. |
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| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
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| IRS990/PYContributionsGrantsAmt | 0 | 2528142 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
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| IRS990/PYOtherRevenueAmt | 0 | 0 |
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| IRS990/PYRevenuesLessExpensesAmt | 0 | 586952 |
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| IRS990/ReconcilationRevenueExpnssAmt | 0 | 2979134 |
| 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 |
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| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 33999 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 25000 |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2528142 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1549230 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2104678 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 528162 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 11847878 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 16587 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 4322 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 70 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 55 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 19 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 21053 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.67060 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.48400 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 7960821 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 3887057 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 5137666 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2528142 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1549230 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2104678 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 528162 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 11847878 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 11871703 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1485 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1287 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 2772 |
| 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 | 76863 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 76863 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 29533 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 116483 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 146016 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 76863 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 2205634 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 409 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 5131 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 5540 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 76863 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 5184768 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 29942 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 2205634 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 5184768 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 5261631 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 2282497 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | JIM BARKSDALE |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | DIRECTOR |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 65616 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | THE ORGANIZATION RENTS OFFICE SPACE FROM THE WOODLANDS OFFICE PARK, LLC WHICH IS MAJORITY OWNED BY JIM BARKSDALE, DIRECTOR. |
| 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. DONNA BARKSDALE, EXECUTIVE CHAIR, AND JIM BARKSDALE, DIRECTOR, HAVE A FAMILY RELATIONSHIP - HUSBAND AND WIFE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AMENDMENT TO ARTICLES OF INCORPORATION TO CHANGE NAME TO DEEP SOUTH TODAY |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | A DRAFT OF THE FORM 990 IS PROVIDED TO BOTH THE CHIEF EXECUTIVE OFFICER AND THE BOARD OF DIRECTORS. THE DRAFT IS REVIEWED AND DISCUSSED. ANY QUESTIONS BROUGHT UP BY THE BOARD MEMBERS OR THE CHIEF EXECUTIVE OFFICER ARE ANSWERED AND/OR CLEARED BEFORE THE RETURN IS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE CONFLICT OF INTEREST POLICY COVERS ALL MEMBERS OF THE BOARD. BOARD MEMBER ARE SUPPLIED WITH A COPY OF THE POLICY EACH YEAR AND SIGNS AN ANNUAL STATEMENT AFFIRMING THAT THEY HAVE RECEIVED A COPY OF THE POLICY, HAVE READ AND UNDERSTAND THE POLICY, HAVE COMPLIED WITH THE POLICY AND UNDERSTAND 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 OF INTEREST 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 | 4 | 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 | 5 | THE AUDITED FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE (WWW.MISSISSIPPITODAY.ORG). THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. |
Document Assets
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Filings
Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $5,242,208
- Liabilities
- $51,535
- Net assets
- $5,190,673
- Revenue
- $5,184,768
- Expenses
- $2,205,634
- Net income
- $2,979,134