Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2016.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
49 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
19 people listed on the 990.
Angela C Ferraez’s $136K as Executive Director is at the 59th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2025 | FY2024 |
|---|---|---|
| Angela C Ferraez | $136,000 | $130,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Supports educational and public broadcasting in Mississippi with private donations.
Questions for Mpb Foundation
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Benefit and support MS authority for educational television
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.6M | $2.0M |
| Land, buildings, equipmentLn 10c | $39K | $29K |
| Total assetsLn 16 | $3.0M | $3.4M |
| LiabilitiesLn 26 | $83K | $122K |
| Net assetsLn 32 | $2.9M | $3.3M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $621K | $621K | ||
| Other salaries and wagesLn 7 | $228K | $228K | ||
| Other employee benefitsLn 9 | $13K | $13K | ||
| Payroll taxesLn 10 | $18K | $18K | ||
| Accounting feesLn 11c | $29K | $27K | $1K | |
| Lobbying feesLn 11d | $70K | $70K | ||
| Advertising and promotionLn 12 | $7K | $311 | $7K | |
| Office expensesLn 13 | $21K | $7K | $70 | $15K |
| TravelLn 17 | $42K | $4K | $38K | |
| Conferences, conventions and meetingsLn 19 | $12K | $607 | $12K | |
| Depreciation, depletion and amortizationLn 22 | $9K | $2K | $7K | |
| InsuranceLn 23 | $16K | $6K | $10K | |
| Other expenses (24a–d)Ln 24 | $426K | $100K | $326K | |
| All other expensesLn 24e | $242K | $55K | $10K | $176K |
| Total functional expensesLn 25 | $1.8M | $858K | $46K | $850K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $2.6M | $2.0M | $642K | $4.3M | 990 PDF |
| FY2024 | $2.4M | $2.0M | $411K | $3.7M | 990 PDF |
| FY2023 Viewing | $2.1M | $1.8M | $379K | $3.3M | 990 PDF |
| FY2022 | Not on file | ||||
| FY2021 | $2.0M | $1.8M | $164K | $2.5M | 990 PDF |
| FY2020 | $1.9M | $1.5M | $397K | $2.1M | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $2,132,267 revenue, 12 lines filed
Part VI · Governance 18 of 18 board members independent, 2 to look at
Part VIII · Statement of revenue $2,132,267 across 6 lines filed
Part IX · Statement of functional expenses $1,753,624 across 14 lines filed
Part X · Balance sheet $3,405,716 assets, 13 lines filed
Part XI · Reconciliation of net assets $3,283,300 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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