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MAGNOLIA TRIBUNE INSTITUTE

EIN 92-0605404 FLORA, MS

Largest nonprofits in Mississippi

Revenue 2024
$699,365
Expenses 2024
$642,959

Program services were 73.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
A30
Classification
1200
Street
128 CHESTNUT HILL RD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

WE ARE DEDICATED TO THE MISSION OF SUPPLYING CITIZENS WITH RELEVANT, TIMELY, AND TRUSTWORTHY INFORMATION ON THE ISSUES THAT IMPACT THEIR LIVES.

Activities or mission (Part I)

THE INSTITUTE IS A NON-PROFIT NEWSROOM DEDICATED TO THE MISSION OF EDUCATING THE PUBLIC ON ISSUES THAT MATTER THE MOST TO THEIR LIVES, CONDUCTING IN-DEPTH INVESTIGATIVE REPORTING, AND TRAINING THE NEXT GENERATION OF JOURNALISTS. AS PART OF THIS MISSION, MAGNOLIA TRIBUNE INSTITUE WILL MAKE ANY CONTENT PRODUCED BY IT FREE TO THE GENERAL PUBLIC AND WILL ALLOW ANY OTHER NEWS OUTLET TO REPRODUCE THE CONTENT WITH ATTRIBUTION AT NO COST.

  • THE INSTITUTE'S PRIMARY PROGRAM SERVICE IS THE OPERATION OF A NON-PROFIT DIGITAL ONLY NEWSROOM THAT PROVIDES DAILY NEWS, A DIVERSITY OF PERSPECTIVES ON IMPORTANT ISSUES, BUSINESS COVERAGE, AND CULTURAL COVERAGE OF ARTS AND ENTERTAINMENT. THE INSTITUTE PUBLISHES NEW ORIGINAL CONTENT 6 DAYS A WEEK AND DISTRIBUTES THAT CONTENT THROUGH ITS OWN NEWS SITE, A DAILY NEWSLETTER, SOCIAL MEDIA, AND THROUGH REPUBLICATION IN OTHER NEWS OUTLETS. TO EXECUTE ON ITS MISSION, THE INSTITUTE EMPLOYS BOTH FULL-TIME REPORTERS, AS WELL AS A STABLE OF INDEPENDENT CONTRACT WRITERS. ALL CONTENT PRODUCED BY THE INSTITUTE IS MADE AVAILABLE TO THE GENERAL PUBLIC AND TO OTHER NEWS PUBLICATIONS WHO WISH TO REPUBLISH FREE OF CHARGE.

    Expenses $471,668

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Russell Latino

    CEO/SECRETARY

    Total calculated
    $166,957
    From this org
    $166,957
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,957
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $166,957

  • Spencer Ritchie

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Lucien Smith

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Spence Flatgard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $699,365
    Expenses
    $642,959
    Contributions
    $696,702
    Grants paid
    $0
  • 2023
    Revenue
    $951,699
    Expenses
    $747,179
    Contributions
    $948,853
    Grants paid
    $0
  • 2022
    Revenue
    $686,601
    Expenses
    $353,482
    Contributions
    $686,601
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.