Civic Intelligence

Mardi Gras Museum Inc

EIN 64-0869724 • 501(c)3 • Biloxi, MS

Profile

To record and promote the history of mardi gras on the mississippi gulf coast through its museum of artifacts, history documentation and educational programs.

792A Howard AveBiloxi, MS 39530

coastalmardigras.com

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

60th percentile

7.2%

Higher net margin than 60% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

40th percentile

-12%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$68,523

Up $7,238 (+12%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$68,523

Up $7,238 (+12%) from 2023

Revenue

Down

$100,358

Down $13,767 (-12%) from 2023

Expenses

Down

$93,120

Down $5,200 (-5.3%) from 2023

Net Income

Down

$7,238

Down $8,567 (-54%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $108,641Liabilities 2010: $0Net Assets 2010: $108,6412010Assets 2011: $113,175Liabilities 2011: $0Net Assets 2011: $113,1752011Assets 2012: $133,443Liabilities 2012: $0Net Assets 2012: $133,4432012Assets 2013: $140,973Liabilities 2013: $0Net Assets 2013: $140,9732013Assets 2014: $142,890Liabilities 2014: $0Net Assets 2014: $142,8902014Assets 2015: $144,499Liabilities 2015: $0Net Assets 2015: $144,4992015Assets 2016: $146,143Liabilities 2016: $0Net Assets 2016: $146,1432016Assets 2017: $138,997Liabilities 2017: $0Net Assets 2017: $138,9972017Assets 2018: $74,773Liabilities 2018: $0Net Assets 2018: $74,7732018Assets 2019: $107,427Liabilities 2019: $0Net Assets 2019: $107,4272019Assets 2020: $84,110Liabilities 2020: $0Net Assets 2020: $84,1102020Assets 2021: $62,833Liabilities 2021: $0Net Assets 2021: $62,8332021Assets 2022: $45,480Liabilities 2022: $0Net Assets 2022: $45,4802022Assets 2023: $61,285Liabilities 2023: $0Net Assets 2023: $61,2852023Assets 2024: $68,523Liabilities 2024: $0Net Assets 2024: $68,5232024

Highlighted filing

2024

Assets$68,523
Liabilities$0
Net Assets$68,523

Operations Trend

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

$200K$100K$0-$100KExpenses 2010: $1,8712010Expenses 2011: $1,2662011Expenses 2012: $2,7782012Expenses 2013: $1,4682013Revenue 2014: $2,207Expenses 2014: $290Net Income 2014: $1,9172014Revenue 2015: $22,684Expenses 2015: $21,075Net Income 2015: $1,6092015Revenue 2016: $2,343Expenses 2016: $698Net Income 2016: $1,6452016Revenue 2017: $2,834Expenses 2017: $9,980Net Income 2017: -$7,1462017Revenue 2018: $3,496Expenses 2018: $67,720Net Income 2018: -$64,2242018Revenue 2019: $194,203Expenses 2019: $161,549Net Income 2019: $32,6542019Revenue 2020: $76,592Expenses 2020: $99,909Net Income 2020: -$23,3172020Revenue 2021: $74,926Expenses 2021: $96,203Net Income 2021: -$21,2772021Revenue 2022: $86,465Expenses 2022: $103,818Net Income 2022: -$17,3532022Revenue 2023: $114,125Expenses 2023: $98,320Net Income 2023: $15,8052023Revenue 2024: $100,358Expenses 2024: $93,120Net Income 2024: $7,2382024

Highlighted filing

2024

Revenue$100,358
Expenses$93,120
Net Income$7,238

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$1.00$0.93$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$1.14$0.98$0.16
2022Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.86$1.04$0.17
2021Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.75$0.96$0.21
2020Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.77$1.00$0.23
2019Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$1.94$1.62$0.33
2018Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$0.03$0.68$0.64
2017Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.03$0.10$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.02$0.01$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.23$0.21$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.43$0.00$1.43$0.02$0.00$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.00$1.41$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.00$1.33$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.00$1.13$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.00$1.09$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jan 20, 2025
Return Version
2023v6.0
Gross Receipts
$108,793
Mission and Program Overview

Mission

To record and promote the history of mardi gras on the mississippi gulf coast through its museum of artifacts, history documentation and educational programs. Operations are temporarily shut down due to the destruction of the museum by hurricane katrina, however the museum is scheduled to re-open soon

To record and promote the history of mardi gras on the mississippi gulf coast

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$61,285$68,523▲ $7,238
Cap Stk Tr Prin Current Funds$61,285$68,523▲ $7,238
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$61,285$68,523▲ $7,238
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$61,285$68,523▲ $7,238
Total Liabilities and Net Assets / Fund Balance$61,285$68,523▲ $7,238
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$66,347
Program Service Revenue
$9,020
Investment Income
$125
Other Revenue
$24,866
All Other Contributions
$2,272
Change in Net Assets
$7,238
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$53,321
Salaries, Compensation, and Employee Benefits$39,799
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$38,112-$38,112
Other Salaries and Wages-$37,583-$37,583
Insurance-$5,931-$5,931
Advertising-$3,549-$3,549
Payroll Taxes-$2,216-$2,216
Office Expenses-$1,332-$1,332
Fees for Services Other-$745-$745
Other Expenses$1,050$52-$52
Total Functional Expenses$3,600$89,520$0$93,120
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
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
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, Part VI, Section B, Line 11B

990 is presented to the board of directors before filing. It is reviewed and discussed.

Form 990, Part VI, Section C, Line 19

All documents are available upon request from any of the officers or directors. They are kept on file in the office of the mardi gras museum located at 792a howard ave biloxi ms 39530

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

Susan hunt - 2471 west shore dr, biloxi, ms 39532. Stephen theobald - 720 oleander ln, biloxi, ms 39532.

Filing and Contact Details

Filer

Filer Name
Mardi Gras Museum Inc
EIN
64-0869724
Phone
2283744141
Address
792A HOWARD AVE, BILOXI, MS 39530
Doing Business As
Coastal Ms Mardi Gras Museum

Signing Officer

Name
Stephen P Theobald
Title
Treasurer
Phone
2283744141
Signed
2025-01-20

Organization Details

Principal Officer
Stephen P Theobald
Formed
1994
Legal Domicile
Ms
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
15
Raw XML Appendix387 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
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IRS990/AllOtherContributionsAmt02272
IRS990/BackupWthldComplianceInd01
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IRS990/BooksInCareOfDetail/PhoneNum02283744141
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IRS990/BooksInCareOfDetail/USAddress/CityNm0BILOXI
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IRS990/Desc0ANNUAL CHILDRENS' MARDIS GRAS PARADE AND SHOE BOX FLOAT BUILDING CRAFTS AND EDUCATIONAL SPEAKER. ALLOWS CHILDREN TO EXPERIENCE THE RIDING IN A MARDI GRAS PARADE ON THE STREETS OF HISTORIC BILOXI. ALLOWS THEM TO EXPERIENCE THE DESIGN AND CONSTRUCTION OF A MARDI GRAS FLOAT.
IRS990/DescribedInSection501c3Ind01
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IRS990/ProgSrvcAccomActy3Grp/Desc0ADMISSION FEES BY TOURIST VISITING THE MUSEUM TO VIEW MARDI GRAS DISPLAYS AND NET PROFITS FROM GIFT SHOP SALES OF MARDI GRAS SOUVINERS
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt012479
IRS990/ProgSrvcAccomActyOtherGrp/Desc0GULF COAST CARNIVAL ASSOCIATION USE OF THE MUSUEM FOR ADMINISTRTION OF THE MARDI GRAS SEASON INCLUDING CORONATION OF KING, QUEEN, DUKES, MAIDS AND STREET PARADE IN DOWNTOWN BILOXI
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt09300
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt080181
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt025
IRS990/PYOtherExpensesAmt052488
IRS990/PYOtherRevenueAmt018809
IRS990/PYProgramServiceRevenueAmt015110
IRS990/PYRevenuesLessExpensesAmt015805
IRS990/PYSalariesCompEmpBnftPaidAmt045832
IRS990/PYTotalExpensesAmt098320
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0114125
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt07238
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02920
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt061285
IRS990/SavingsAndTempCashInvstGrp/EOYAmt068523
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt066347
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt080181
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt053500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt053519
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt015280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0268827
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0125
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt025
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt053
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0262
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0134909
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99900
IRS990ScheduleA/PublicSupportPY170Pct00.99910
IRS990ScheduleA/PublicSupportTotal170Amt0268827
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt066347
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt080181
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt053500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt053519
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt015280
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0268827
IRS990ScheduleA/TotalSupportAmt0269089
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 IS PRESENTED TO THE BOARD OF DIRECTORS BEFORE FILING. IT IS REVIEWED AND DISCUSSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DOCUMENTS ARE AVAILABLE UPON REQUEST FROM ANY OF THE OFFICERS OR DIRECTORS. THEY ARE KEPT ON FILE IN THE OFFICE OF THE MARDI GRAS MUSEUM LOCATED AT 792A HOWARD AVE BILOXI MS 39530
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUSAN HUNT - 2471 WEST SHORE DR, BILOXI, MS 39532. STEPHEN THEOBALD - 720 OLEANDER LN, BILOXI, MS 39532.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MS
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt061285
IRS990/TotalAssetsEOYAmt068523
IRS990/TotalAssetsGrp/BOYAmt061285
IRS990/TotalAssetsGrp/EOYAmt068523
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt066347
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt089520
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03600
IRS990/TotalFunctionalExpensesGrp/TotalAmt093120
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt061285
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt068523
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcRevenueAmt09300
IRS990/TotalProgramServiceExpensesAmt03600
IRS990/TotalProgramServiceRevenueAmt09020
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0125
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt033886
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0100358
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt061285
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt068523
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0720 OLEANDER LANE
IRS990/USAddress/CityNm0BILOXI
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039532
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0COASTALMARDIGRAS.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN P THEOBALD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02283744141
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARDI GRAS MUSEUM INC
ReturnHeader/Filer/BusinessNameControlTxt0MARD
ReturnHeader/Filer/EIN0640869724
ReturnHeader/Filer/PhoneNum02283744141
ReturnHeader/Filer/USAddress/AddressLine1Txt0792A HOWARD AVE
ReturnHeader/Filer/USAddress/CityNm0BILOXI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039530
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/ReturnTs02025-02-12T08:50:27-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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