Mississippi Industrial Heritage Museum Inc
EIN: 43725572 · Meridian, MS · NTEE: A54
| Metric | Value |
|---|---|
| Total Revenue | $134K |
| Total Expenses | $153K |
| Net Assets | $1.0M |
Is Mississippi Industrial Heritage Museum Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mississippi Industrial Heritage Museum Inc
Mississippi Industrial Heritage Museum Inc (EIN: 43725572) is a nonprofit organization based in Meridian, MS, classified under NTEE code A54. The organization reported total revenue of $134K and total assets of $995K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mississippi Industrial Heritage Museum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mississippi Industrial Heritage Museum Inc is a small 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 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $152K |
| Total Expenses | $153K |
| Surplus / Deficit | $-1,369 |
| Total Assets | $954K |
| Net Assets | $1.0M |
| Operating Margin | -0.9% |
| Months of Reserves | 74.8 months |
Financial Health Grade: C
In 2023, Mississippi Industrial Heritage Museum Inc reported a deficit of $1K with expenses exceeding revenue, holds 74.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Mississippi Industrial Heritage Museum Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.0% | -4.2% | +7.8% |
| 2022 | +20.0% | +8.5% | -22.3% |
| 2021 | -19.4% | -4.5% | +7.3% |
| 2020 | -8.7% | -31.2% | -0.6% |
| 2019 | +16.4% | +31.7% | +10.4% |
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 Analysis Pending
AI enrichment for Mississippi Industrial Heritage Museum Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mississippi Industrial Heritage Museum Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
Frequently Asked Questions about Mississippi Industrial Heritage Museum Inc
Is Mississippi Industrial Heritage Museum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mississippi Industrial Heritage Museum Inc (EIN: 43725572) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mississippi Industrial Heritage Museum Inc spend its money?
Detailed spending breakdown data is not yet available for Mississippi Industrial Heritage Museum Inc. Check back for updated IRS 990 analysis.
Are donations to Mississippi Industrial Heritage Museum Inc tax-deductible?
Mississippi Industrial Heritage Museum Inc is registered as a tax-exempt nonprofit (EIN: 43725572). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mississippi Industrial Heritage Museum Inc located?
Mississippi Industrial Heritage Museum Inc is headquartered in Meridian, Mississippi and files with the IRS under EIN 43725572. It is classified under NTEE code A54.
How many years of IRS 990 filings does Mississippi Industrial Heritage Museum Inc have?
Mississippi Industrial Heritage Museum 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 $134K in total revenue.
Filing History
IRS 990 filing history for Mississippi Industrial Heritage Museum Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mississippi Industrial Heritage Museum Inc's revenue has grown by 11%, moving from $136K to $152K. Total assets increased by 8.6% over the same period, from $878K to $954K. Total functional expenses rose by 30.7%, from $117K to $153K. In its most recent filing year (2023), Mississippi Industrial Heritage Museum Inc reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $152K | $153K | $954K | $-50,000 | — | — |
| 2022 | $165K | $160K | $884K | $-50,000 | — | View 990 |
| 2021 | $137K | $147K | $1.1M | $50K | — | View 990 |
| 2020 | $170K | $154K | $1.1M | $50K | — | — |
| 2019 | $187K | $224K | $1.1M | $50K | — | View 990 |
| 2018 | $160K | $170K | $968K | $0 | — | View 990 |
| 2017 | $165K | $161K | $1.1M | $0 | — | View 990 |
| 2016 | $114K | $140K | $875K | $0 | — | View 990 |
| 2015 | $170K | $139K | $926K | $0 | — | View 990 |
| 2014 | $184K | $138K | $953K | $0 | — | View 990 |
| 2013 | $131K | $128K | $972K | $0 | — | View 990 |
| 2012 | $132K | $126K | $940K | $7K | — | View 990 |
| 2011 | $136K | $117K | $878K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $152K, expenses of $153K, and assets of $954K (revenue -8.0% year-over-year).
- 2022: Revenue of $165K, expenses of $160K, and assets of $884K (revenue +20.0% year-over-year).
- 2021: Revenue of $137K, expenses of $147K, and assets of $1.1M (revenue -19.4% year-over-year).
- 2020: Revenue of $170K, expenses of $154K, and assets of $1.1M (revenue -8.7% year-over-year).
- 2019: Revenue of $187K, expenses of $224K, and assets of $1.1M (revenue +16.4% year-over-year).
- 2018: Revenue of $160K, expenses of $170K, and assets of $968K (revenue -2.7% year-over-year).
- 2017: Revenue of $165K, expenses of $161K, and assets of $1.1M (revenue +44.6% year-over-year).
- 2016: Revenue of $114K, expenses of $140K, and assets of $875K (revenue -32.8% year-over-year).
- 2015: Revenue of $170K, expenses of $139K, and assets of $926K (revenue -7.6% year-over-year).
- 2014: Revenue of $184K, expenses of $138K, and assets of $953K (revenue +39.6% year-over-year).
- 2013: Revenue of $131K, expenses of $128K, and assets of $972K (revenue -0.5% year-over-year).
- 2012: Revenue of $132K, expenses of $126K, and assets of $940K (revenue -3.2% year-over-year).
- 2011: Revenue of $136K, expenses of $117K, and assets of $878K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mississippi Industrial Heritage Museum Inc:
Data Sources and Methodology
This transparency report for Mississippi Industrial Heritage Museum 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.