Jackson Music Awards Association Inc
Jackson Music Awards Association Inc. shows fluctuating revenues and tight operating margins, with volunteer leadership.
EIN: 200706580 · Jackson, MS · NTEE: A196 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $46K |
| Total Expenses | $81K |
| Program Spending | 70% |
| Net Assets | $7K |
| Transparency Score | 65/100 |
Search Intent Cockpit
Jackson Music Awards Association Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Jackson Music Awards Association Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Jackson Music Awards Association Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $80K and expenses of $81K.
Revenue and Expenses
Jackson Music Awards Association Inc reported $80K in revenue and $81K in expenses, a deficit of $1K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
65/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.
Is Jackson Music Awards Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $57K (70%) |
Across stored filings, Jackson Music Awards Association Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade C | 13 stored filing years |
| Peer context | Compare with Mending Hearts Youth Ranch Inc | Mississippi and Arts & Culture context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
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Local and Sector Spokes
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Jackson, MS nonprofitsArts & Culture in Mississippi
Arts & Culture in Mississippi
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Donation Decision Flow
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Keep the Investigation Moving
Jackson Music Awards Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Jackson Music Awards Association Inc
Jackson Music Awards Association Inc (EIN: 200706580) is a nonprofit organization based in Jackson, MS, classified under NTEE code A196. The organization reported total revenue of $46K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jackson Music Awards Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jackson Music Awards Association Inc is a micro nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $81K |
| Surplus / Deficit | $-1,338 |
| Total Assets | $11K |
| Total Liabilities | $5K |
| Net Assets | $7K |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 42.1% |
| Months of Reserves | 1.7 months |
Financial Health Grade: C
In 2023, Jackson Music Awards Association Inc reported a deficit of $1K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited), has a debt-to-asset ratio of 42.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Jackson Music Awards Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +88.6% | +122.0% | +43.5% |
| 2022 | -0.1% | -2.8% | +272.3% |
| 2020 | -100.0% | -100.0% | — |
| 2019 | +1.7% | +0.0% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jackson Music Awards Association Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Jackson Music Awards Association Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.1%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's officers are unpaid volunteers. This is a positive sign for a small organization with fluctuating revenues, as it ensures donor funds are not used for executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Jackson Music Awards Association Inc's IRS 990 filings:
- Inconsistent revenue generation, including zero revenue in 2020
- Periods of negative net assets (e.g., 2019, 2018)
- Expenses occasionally exceeding revenue (e.g., 2023, 2019, 2018)
Strengths
The following positive indicators were identified for Jackson Music Awards Association Inc:
- Consistent 0% officer compensation, indicating volunteer leadership
- Regular IRS 990 filings, demonstrating transparency in reporting
- Recent positive net assets of $11,345 in 2023
Frequently Asked Questions about Jackson Music Awards Association Inc
Is Jackson Music Awards Association Inc a legitimate charity?
Jackson Music Awards Association Inc (EIN: 200706580) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $46K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Jackson Music Awards Association Inc spend its money?
Jackson Music Awards Association Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Jackson Music Awards Association Inc tax-deductible?
Jackson Music Awards Association Inc is registered as a tax-exempt nonprofit (EIN: 200706580). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jackson Music Awards Association Inc's spending goes to programs?
Jackson Music Awards Association Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Jackson Music Awards Association Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Jackson Music Awards Association Inc is above average for NTEE category A196 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jackson Music Awards Association Inc located?
Jackson Music Awards Association Inc is headquartered in Jackson, Mississippi and files with the IRS under EIN 200706580. It is classified under NTEE code A196.
How many years of IRS 990 filings does Jackson Music Awards Association Inc have?
Jackson Music Awards Association Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $46K in total revenue.
Is Jackson Music Awards Association Inc. financially stable?
The organization's financial stability is inconsistent. While it reported positive net assets of $11,345 in 2023, it has experienced periods of negative assets and significant revenue fluctuations, including zero revenue in 2020.
How does the organization manage its expenses?
In 2023, expenses ($81,332) slightly exceeded revenue ($79,994), indicating a tight operating margin. Without a detailed breakdown of expenses, it's challenging to assess specific spending efficiency across programs, administration, and fundraising.
Does the organization pay its executives?
No, the organization consistently reports 0% officer compensation, indicating that its leadership serves on a volunteer basis.
What caused the negative assets in previous years?
The negative assets reported in years like 2019 ($-2,623) and 2018 ($-3,065) suggest that liabilities exceeded assets during those periods, potentially due to expenses outpacing revenue or accumulated debt.
Filing History
IRS 990 filing history for Jackson Music Awards Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jackson Music Awards Association Inc's revenue has grown by 57.9%, moving from $51K to $80K. Total assets increased by 190.4% over the same period, from $4K to $11K. Total functional expenses rose by 74%, from $47K to $81K. In its most recent filing year (2023), Jackson Music Awards Association Inc reported a deficit of $1K, with expenses exceeding revenue. The organization holds $5K in liabilities against $11K in assets (debt-to-asset ratio: 42.1%), resulting in net assets of $7K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $80K | $81K | $11K | $5K | — | View 990 |
| 2022 | $42K | $37K | $8K | $0 | — | — |
| 2021 | $42K | $38K | $2K | $0 | — | — |
| 2020 | $0 | $0 | $0 | $0 | — | View 990 |
| 2019 | $27K | $31K | $-2,623 | $0 | — | View 990 |
| 2018 | $26K | $31K | $-3,065 | $0 | — | View 990 |
| 2017 | $60K | $58K | $2K | $0 | — | View 990 |
| 2016 | $42K | $0 | $122 | $0 | — | View 990 |
| 2015 | $40K | $40K | $122 | $0 | — | View 990 |
| 2014 | $19K | $19K | $-100 | $0 | — | View 990 |
| 2013 | $27K | $26K | $2K | $0 | — | View 990 |
| 2012 | $50K | $54K | $-205 | $0 | — | View 990 |
| 2011 | $51K | $47K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $80K, expenses of $81K, and assets of $11K (revenue +88.6% year-over-year).
- 2022: Revenue of $42K, expenses of $37K, and assets of $8K (revenue -0.1% year-over-year).
- 2021: Revenue of $42K, expenses of $38K, and assets of $2K.
- 2020: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2019: Revenue of $27K, expenses of $31K, and assets of $-2,623 (revenue +1.7% year-over-year).
- 2018: Revenue of $26K, expenses of $31K, and assets of $-3,065 (revenue -56.2% year-over-year).
- 2017: Revenue of $60K, expenses of $58K, and assets of $2K (revenue +40.8% year-over-year).
- 2016: Revenue of $42K, expenses of $0, and assets of $122 (revenue +5.3% year-over-year).
- 2015: Revenue of $40K, expenses of $40K, and assets of $122 (revenue +108.5% year-over-year).
- 2014: Revenue of $19K, expenses of $19K, and assets of $-100 (revenue -28.0% year-over-year).
- 2013: Revenue of $27K, expenses of $26K, and assets of $2K (revenue -46.9% year-over-year).
- 2012: Revenue of $50K, expenses of $54K, and assets of $-205 (revenue -0.5% year-over-year).
- 2011: Revenue of $51K, expenses of $47K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jackson Music Awards Association Inc:
Data Sources and Methodology
This transparency report for Jackson Music Awards Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.