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Nonprofiteer
← MPB FOUNDATION

Form 990 for tax year 2022

Filed by MPB FOUNDATION.

Totals

Total revenue
$2,132,267
Total expenses
$1,753,624
Contributions and grants received
$1,960,576
Grants paid
$621,115
Program service revenue
$12,500
Investment income
$154,942
Other revenue
$4,249
Total assets, end of year
$3,405,716
Total liabilities, end of year
$122,416
Net assets or fund balances, end of year
$3,283,300
Program services expenses (Part IX)
$857,817
Management and general expenses
$46,174
Fundraising expenses
$849,633
Program service expenses (Part III)
$857,817

Program services were 48.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,960,576

  • 2a · Program service revenue: UNDERWRITING INCOME

    total $12,500 · related or exempt $12,500

  • 3 · Investment income

    total $154,942 · related or exempt $154,942

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $4,249 · related or exempt $4,249

  • 11e · Other revenue, total

    $4,249

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $621,115 · program services $621,115

  • 7 · Other salaries and wages

    total $228,385 · fundraising $228,385

  • 9 · Other employee benefits

    total $12,667 · fundraising $12,667

  • 10 · Payroll taxes

    total $17,504 · fundraising $17,504

  • 11c · Fees: accounting

    total $28,589 · management and general $27,189 · fundraising $1,400

  • 11d · Fees: lobbying

    total $69,600 · program services $69,600

  • 12 · Advertising and promotion

    total $7,038 · program services $311 · fundraising $6,727

  • 13 · Office expenses

    total $21,211 · program services $6,522 · management and general $70 · fundraising $14,619

  • 17 · Travel

    total $41,933 · program services $3,992 · fundraising $37,941

  • 19 · Conferences, conventions and meetings

    total $12,281 · program services $607 · fundraising $11,674

  • 22 · Depreciation, depletion and amortization

    total $9,129 · management and general $2,137 · fundraising $6,992

  • 23 · Insurance

    total $16,370 · management and general $6,370 · fundraising $10,000

  • 24a · Other expenses: CONTRACT SERVICES-CPD

    total $201,255 · fundraising $201,255

  • 24b · Other expenses: PRINTING & GRAPHICS

    total $106,350 · program services $100,367 · fundraising $5,983

  • 24c · Other expenses: DIRECT MAIL

    total $60,602 · fundraising $60,602

  • 24d · Other expenses: PREMIUMS

    total $58,013 · fundraising $58,013

  • 24e · All other expenses

    total $241,582 · program services $55,303 · management and general $10,408 · fundraising $175,871

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,631,329 · end of year $2,030,016

  • 3 · Pledges and grants receivable

    beginning of year $294,116 · end of year $193,325

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,282 · end of year $2,551

  • 10a · Land, buildings and equipment: cost or other basis

    $49,918

  • 10b · Land, buildings and equipment: accumulated depreciation

    $20,445

  • 10c · Land, buildings and equipment, net

    beginning of year $38,602 · end of year $29,473

  • 15 · Other assets

    beginning of year $1,019,258 · end of year $1,150,351

  • 17 · Accounts payable and accrued expenses

    beginning of year $82,930 · end of year $54,916

  • 19 · Deferred revenue

    end of year $67,500

  • 27 · Net assets without donor restrictions

    beginning of year $2,770,841 · end of year $3,230,600

  • 28 · Net assets with donor restrictions

    beginning of year $133,816 · end of year $52,700

Mission and programs · 2022

Mission

Withheld by Nonprofiteer: this text may name a private individual.

Activities or mission (Part I)

The MPB Foundation is organized exclusively to provide services and resources for the benefit of, to perform functions of, or to carry out the purposes of the Mississippi Authority for Educational Television, which does business as Mississippi Public Broadcasting (MPB), and is tax-exempt as a state agency created by the Mississippi Legislature. The MPB Foundation is formed to solicit, receive, invest, and expend privately donated, non-state appropriated funds for educational and charitable purposes related to support, promotion, development and growth of educational and public broadcasting in Mississippi.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $857,817 · Grants $621,115 · Revenue $2,132,267

As filed on the 2022 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Don B Cannada

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5
  • George B Ready

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Rhea C Williams-Bishop

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Jon C Turner

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • George D Penick Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Melvin V Priester Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • John H Cocke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Grace P Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Shawn C Mackey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Andrew W Mallinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Nora F McRae

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Finney C Moore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Darden H North

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Danielle C Morgan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Royal D Aills

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Paul M Rocconi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Cynthia D Sutton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Lynn A Wilkins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • John C Hardy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • MISSISSIPPI AUTHORITY FOR EDUCATIONAL TELEVISION

    $621,115

    EDUCATIONAL BROADCASTING

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • MISSISSIPPI AUTHORITY FOR EDUCATIONAL TELEVISION

    GOVERNMENT · EDUCATIONAL · MS

Provenance

Return type
form_990
Tax year
2022
Filed
8 December 2023
IRS schema version
2022v5.0
Source object
202333459349300113

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