Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
Corinth Area Arts Council Inc
EIN 64-0644503 • 501(c)3 • Corinth, MS
Profile
To promote art-related activities and perserve the historical coliseum
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
62nd percentile
Higher debt load relative to revenue than 62% of similar nonprofits.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
92nd percentile
Faster asset growth than 92% of similar nonprofits.
Revenue Growth
87th percentile
Faster revenue growth than 87% of similar nonprofits.
Balance Sheet
Assets
Up$146,675
Up $69,849 (+91%) from 2023
Liabilities
$182
No earlier filing loaded for comparison.
Net Assets
Up$146,493
Up $69,667 (+91%) from 2023
Revenue
Up$178,236
Up $67,684 (+61%) from 2023
Expenses
Up$108,570
Up $1,651 (+1.5%) from 2023
Net Income
Up$69,666
Up $66,033 (+1818%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $146,675
- Liabilities
- $182
- Net assets
- $146,493
- Revenue
- $178,236
- Expenses
- $108,570
- Net income
- $69,666
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 15, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $178,236
Mission and Program Overview
Mission
To promote art-related activities and perserve the historical coliseum
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PRESERVE THE HISTORICAL COLISEUM | - | $48,271 |
| SPONSOR SYMPHONY PERFORMANCES, THEATRE-RELATED ART PERFORMANCES, AND OTHER ART-RELATED FUNCTIONS | - | $43,236 |
| DEPRECIATION EXPENSE | - | $736 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| GREG KIDDY | Treasurer | - | $0 | - | - |
| BRETT GARRETT | Vice Preside | - | $0 | - | - |
| BILL YODER | President | - | $0 | - | - |
| BARBARA TRAPP | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Corinth Area Arts Council Inc
- EIN
- 64-0644503
- Phone
- 6622872038
- Address
- PO BOX 723, CORINTH, MS 38835-0723
Signing Officer
- Name
- Greg Kiddy
- Title
- Treasurer
- Phone
- 6624150770
- Signed
- 2025-05-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- The Sparks CPA Firm Pc
- Address
- PO BOX 458, CORINTH, MS 38835-0458
- Preparer
- M Elizabeth Cossitt CPA
- Phone
- 6622867082
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Ticket sales 109,574 bldg rental-cultural arts 17,706 concession sales 6,290 total 133,570”
Form 990-ez, Part I, Line 16
“Expenses advertising 600 office supplies 1,252 web design 1,125 software expense 1,212 hotel/lodging 584 insurance 6,300 operating supplies 9,081 credit card fees 1,163 contract labor 5,624 food/meals 1,839 gifts & memorials 172 rental of equipment 806 non-investment depreciation 4,594 total 34,352”
Form 990-ez, Part II, Line 24
“Furn & equip & prior depr 100,299 108,980 less accumulated depreciation 87,239 91,833 total 13,060 17,147”
Form 990-ez, Part II, Line 26
“ACCRUED PAYROLL 0 182”
Form 990-ez, Part III, Line 31
“DEPRECIATION EXPENSE”
Raw XML Appendix155 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | GREG KIDDY |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6622872038 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1803 MAPLE ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CORINTH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MS |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 38834 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 35452 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 101213 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 44664 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 69666 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 37951 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 76827 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 146675 |
| IRS990EZ/GrossReceiptsAmt | 0 | 178236 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 28315 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 28315 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 76827 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 146493 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 76827 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 146493 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 31339 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | GREG KIDDY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | BRETT GARRETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | BILL YODER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | BARBARA TRAPP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 13060 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 17147 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 34352 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 133570 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROMOTE ART-RELATED ACTIVITIES AND PERSERVE THE HISTORICAL COLISEUM |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 4928 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PRESERVE THE HISTORICAL COLISEUM |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | SPONSOR SYMPHONY PERFORMANCES, THEATRE-RELATED ART PERFORMANCES, AND OTHER ART-RELATED FUNCTIONS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | DEPRECIATION EXPENSE |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 48271 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 43236 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 736 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 182 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 108570 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 92243 |
| IRS990EZ/TotalRevenueAmt | 0 | 178236 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 44664 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 100643 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 102047 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 66300 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 25003 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 338657 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 133572 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 19037 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 43920 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 19033 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 7562 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 223124 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.05000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.95310 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 561781 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 178236 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 119680 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 145967 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 85333 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 32565 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 561781 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 178236 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 119680 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 145967 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 85333 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 32565 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 561781 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | TICKET SALES 109,574 BLDG RENTAL-CULTURAL ARTS 17,706 CONCESSION SALES 6,290 TOTAL 133,570 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES ADVERTISING 600 OFFICE SUPPLIES 1,252 WEB DESIGN 1,125 SOFTWARE EXPENSE 1,212 HOTEL/LODGING 584 INSURANCE 6,300 OPERATING SUPPLIES 9,081 CREDIT CARD FEES 1,163 CONTRACT LABOR 5,624 FOOD/MEALS 1,839 GIFTS & MEMORIALS 172 RENTAL OF EQUIPMENT 806 NON-INVESTMENT DEPRECIATION 4,594 TOTAL 34,352 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FURN & EQUIP & PRIOR DEPR 100,299 108,980 LESS ACCUMULATED DEPRECIATION 87,239 91,833 TOTAL 13,060 17,147 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCRUED PAYROLL 0 182 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DEPRECIATION EXPENSE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GREG KIDDY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6624150770 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CORINTH AREA ARTS COUNCIL INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CORI |
| ReturnHeader/Filer/EIN | 0 | 640644503 |
| ReturnHeader/Filer/PhoneNum | 0 | 6622872038 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 723 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CORINTH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MS |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 388350723 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 631208839 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | THE SPARKS CPA FIRM PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 458 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CORINTH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 388350458 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6622867082 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-16 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | M ELIZABETH COSSITT CPA |
| ReturnHeader/ReturnTs | 0 | 2025-11-16T21:57:55-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.