Civic Intelligence

Mississippi News and Information Corp

EIN 47-2158741 • 501(c)3 • Jackson, MS

Profile

Deep south today is a nonprofit network of local newsrooms comprising mississippi today and verite news. With its regional scale and scope, deep south today is providing critical journalism in underserved areas and ensuring its long-term growth and sustainability.

317 E Capitol St 300Jackson, MS 39201

mississippitoday.org

Siviq Scores

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

Liabilities / Assets

25th percentile

0.03x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

17th percentile

0.04x

Higher debt load relative to revenue than 17% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

86th percentile

41%

Higher net margin than 86% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

76th percentile

$292,952

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

93rd percentile

49%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

55%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$11,497,805

Up $4,765,422 (+71%) from 2022

Liabilities

Down

$349,952

Down $49,346 (-12%) from 2022

Net Assets

Up

$11,147,853

Up $4,814,768 (+76%) from 2022

Revenue

Up

$9,481,672

Up $4,759,424 (+101%) from 2022

Expenses

Up

$5,638,889

Up $2,059,053 (+58%) from 2022

Net Income

Up

$3,842,783

Up $2,700,371 (+236%) from 2022

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2015: $2,730,205Liabilities 2015: $28,656Net Assets 2015: $2,701,5492015Assets 2016: $2,759,819Liabilities 2016: $46,419Net Assets 2016: $2,713,4002016Assets 2017: $1,721,545Liabilities 2017: $34,749Net Assets 2017: $1,686,7962017Assets 2018: $2,089,688Liabilities 2018: $33,982Net Assets 2018: $2,055,7062018Assets 2019: $1,686,665Liabilities 2019: $62,078Net Assets 2019: $1,624,5872019Assets 2020: $2,531,175Liabilities 2020: $319,636Net Assets 2020: $2,211,5392020Assets 2021: $5,242,208Liabilities 2021: $51,535Net Assets 2021: $5,190,6732021Assets 2022: $6,732,383Liabilities 2022: $399,298Net Assets 2022: $6,333,0852022Assets 2024: $11,497,805Liabilities 2024: $349,952Net Assets 2024: $11,147,8532024

Highlighted filing

2024

Assets$11,497,805
Liabilities$349,952
Net Assets$11,147,853

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2015: $2,859,190Expenses 2015: $157,641Net Income 2015: $2,701,5492015Revenue 2016: $1,178,804Expenses 2016: $1,166,953Net Income 2016: $11,8512016Revenue 2017: $542,373Expenses 2017: $1,568,978Net Income 2017: -$1,026,6052017Revenue 2018: $2,117,316Expenses 2018: $1,748,406Net Income 2018: $368,9102018Revenue 2019: $1,560,107Expenses 2019: $1,990,659Net Income 2019: -$430,5522019Revenue 2020: $2,545,161Expenses 2020: $1,958,209Net Income 2020: $586,9522020Revenue 2021: $5,184,768Expenses 2021: $2,205,634Net Income 2021: $2,979,1342021Revenue 2022: $4,722,248Expenses 2022: $3,579,836Net Income 2022: $1,142,4122022Revenue 2024: $9,481,672Expenses 2024: $5,638,889Net Income 2024: $3,842,7832024

Highlighted filing

2024

Revenue$9,481,672
Expenses$5,638,889
Net Income$3,842,783

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 3, 2025
Return Version
2024v5.2
Gross Receipts
$9,481,672
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.

To provide essential local journalism to communities in louisiana and mississippi.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$6,095,657-
Pledges and Grants Receivable$2,546,568$4,352,116▲ $1,805,548
Cash and Non-Interest-Bearing Accounts$4,906,034$866,308▼ $4,039,726
Prepaid Expenses and Deferred Charges$31,306$47,671▲ $16,365
Land, Buildings, and Equipment, Net$67,818$43,343▼ $24,475
Accounts Receivable$79,222$42,732▼ $36,490
Total Assets$7,698,323$11,497,805▲ $3,799,482
Other Assets Total$67,375$49,978▼ $17,397
Liabilities
Accounts Payable and Accrued Expenses$376,755$347,952▼ $28,803
Mortgage Notes Payable Secured by Investment Property$16,498$0▼ $16,498
Deferred Revenue-$2,000-
Total Liabilities$393,253$349,952▼ $43,301
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,980,824$7,241,884▲ $2,261,060
Net Assets Without Donor Restrictions$2,324,246$3,905,969▲ $1,581,723
Total Net Assets Fund Balance$7,305,070$11,147,853▲ $3,842,783
Total Liabilities and Net Assets / Fund Balance$7,698,323$11,497,805▲ $3,799,482

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$33,495$132,496$165,991
Other Land Buildings$4,641$45,954$50,595
Leasehold Improvements$5,207$30,583$35,790
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Warwick SabinChief Executive OfficerFT$278,419$14,533$292,952
David FrancisExecutive Director VeriteFT$153,803$15,446$169,249
Terry BaquetEditor-in-chief VeriteFT$147,763$15,505$163,268
Adam GanucheauEditor-in-chiefFT$131,391$8,537$139,928
Thomas RamseyHighest Compensated EmployFT$109,980$26,916$136,896
Mary Margaret WhiteCEO of Mississippi TodayFT$121,293$13,867$135,160
Lauchlin FieldsHighest Compensated EmployFT$115,059$19,160$134,219
Linden PottsControllerFT$111,987$18,229$130,216
Dylan PennyDirector, People & CultureFT$114,222$9,889$124,111

Board Members and Trustees

NameTitle
Andrew LackExecutive Chair
Donna BarksdaleVice Chair
Bill BynumDirector
Ivy BarneyDirector
Todd McdonaldDirector
Tom PittmanDirector
Dr Ivy TaylorSecretary
Tray HairstonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Lipton Strategies LLCConsulting949 LARRABEE ST APT 211, West Hollywood, CA 90069$165,000
Kauff Mcguire & Margolis LLPConsulting950 THIRD AVE 14TH FLOOR, New York, NY 10022$141,866
Revenue and Support

Revenue Composition

Contributions and Grants
$9,148,267
Program Service Revenue
$66,120
Investment Income
$203,621
Other Revenue
$63,664
All Other Contributions
$9,148,267
Change in Net Assets
$3,842,783

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,481,672
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$59,947
Total Revenue per Audited Statements
$9,541,619
Total Revenue per Form 990
$9,481,672
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,998,470
Other Expenses$1,640,419
Total Fundraising Expense$608,830
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,530,637$369,551$175,136$2,075,324
Current Officers, Directors, Trustees, and Key Employees$946,941$228,626$108,350$1,283,917
Fees for Services Other$153,876$178,757$208,700$541,333
Information Technology$285,315$77,501$38,398$401,214
Other Employee Benefits$267,118$51,264$234$318,616
Payroll Taxes$168,786$50,123$23,074$241,983
Fees for Services Legal$8,936$140,635-$149,571
Advertising$113,759$1,514$28,753$144,026
Occupancy$95,685$21,402$10,072$127,159
Pension Plan Contributions$47,486$20,789$10,355$78,630
Travel$50,057$27,662-$77,719
Office Expenses$22,626$21,188$1,277$45,091
Conferences and Meetings$38,955$757-$39,712
Depreciation Depletion$31,523$5,780$1,764$39,067
Insurance$24,816$5,625$2,647$33,088
Fees for Services Accounting-$21,972-$21,972
Other Expenses$7,779$6,054$11$7,790
Total Functional Expenses$3,800,859$1,229,200$608,830$5,638,889

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,698,836
Expenses per Audited Statements$5,638,889
Total Expenses per Form 990$5,638,889
Expenses Not Reported on Form 990$59,947
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 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
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
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 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 another's website and upon request. 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
317 E CAPITOL ST 300, JACKSON, MS 39201

Signing Officer

Name
Warwick Sabin
Title
Chief Executive Officer
Phone
6015334860
Signed
2025-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Warwick Sabin
Formed
2014
Legal Domicile
Ms
Voting Board Members
8
Independent Board Members
8
Employees
51
Volunteers
8

Preparer

Firm
Matthews Cutrer & Lindsay Pa
Address
1020 HIGHLAND COLONY PKWY 500, RIDGELAND, MS 39157
Preparer
Shannon L Adams 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.

Raw XML AppendixShowing 400 of 628 raw XML fields

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IRS990/Desc0MISSISSIPPI TODAY WAS AWARDED THE 2023 PULITZER PRIZE FOR LOCAL REPORTING. IT IS THE STATE'S FLAGSHIP NONPROFIT, NONPARTISAN NEWSROOM, OFFERING INDEPTH INVESTIGATIVE AND ENTERPRISE REPORTING FROM ALL CORNERS OF THE STATE. THERE IS NO COST TO READ ITS REPORTING, LISTEN TO ITS PODCASTS, OR ACCESS ITS DATA SETS. THE JOURNALISM PRODUCED BY MISSISSIPPI TODAY INCREASES ACCOUNTABILITY AMONG ELECTED OFFICIALS, GOVERNMENT AGENCIES AND COMMUNITY LEADERS. ITS REPORTING IN THE AREAS OF COMMUNITY HEALTH, POLITICS, EDUCATION, CRIMINAL JUSTICE, WORKFORCE, AND POVERTY HAS BEEN ESPECIALLY IMPACTFUL, PROVIDING INSIGHT AND EXPLANATION OF SYSTEMIC ISSUES AND CORRUPTION THAT HAVE LONG GONE UNREPORTED.
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