MISSISSIPPI CENTER FOR INVESTIGATIVE REPORTING INC

EIN: 833619348 501(c)(3) Arts, Culture & Humanities

Brandon, MS

Total Revenue
$378,973
Total Expenses
$478,102
Total Assets
$59,498
Net Assets
$59,720
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MS
Principal Officer
Jerry Mitchell
Phone
5105999309
Tax Period
2022-01-01 to 2022-12-31

MISSISSIPPI CENTER FOR INVESTIGATIVE REPORTING INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $379K in total revenue in fiscal year 2022. Expenses of $478K exceeded revenue, resulting in a 26% operating deficit.

Mission

MCIR is an independent nonprofit news organization, tasked with educating and informing the people of Mississippi with in-depth, fact-based, nonpartisan information. MCIR focuses on institutionalized injustice and generational poverty.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $378,973
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $378,973

Expense Breakdown

Grants Paid $0
Salaries & Benefits $239,950
Fundraising Expenses $0
Program Expenses $393,597
Other Expenses $238,152
TOTAL EXPENSES $478,102

Year-over-Year Comparison

2022 2021 Change
Revenue $378,973 $355,917 +0.1%
Expenses $478,102 $283,110 +0.7%
Net Income $-99,129 $72,807 -2.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
6
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$132,533
Total Directors
7
$0
Key Employees
2
$132,533
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jerry Mitchell President 40
Officer Key Emp
$93,600 $0 $93,600
Ian Isaacs Executive Director and Secretary/Treasurer 40
Officer Key Emp
$38,933 $0 $38,933
Ronnie Agnew Board Chairman 1
Officer Director
$0 $0 $0
Marshall Bush Director 1
Director
$0 $0 $0
Barbara Laker Director 1
Director
$0 $0 $0
George Haywood Director 1
Director
$0 $0 $0
Rhonda Schwartz Director 1
Director
$0 $0 $0
Jack Reed Director 1
Director
$0 $0 $0
Mark Rochester Director 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $378,973 $478,102 $59,498 $-99,129
2021 $355,917 $283,110 $159,804 $72,807
2020 $299,837 $261,771 $86,042 $38,066
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