Jackson Metro Sponsoring Committee in Jackson, Mississippi (MS)

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Jackson Metro Sponsoring Committee
Employer Identification Number (EIN)900780418
Name of OrganizationJackson Metro Sponsoring Committee
In Care of NameRev Frank Spencer
Address1770 Ellis Ave Ste 100, Jackson, MS 39204-3613
SubsectionCharitable Organization
Ruling Date10/2011
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$46,571
Amount of Income$220,502
Form 990 Revenue Amount$220,502
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Community, Neighborhood Development, Improvement (General)


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$117,608
Contributions, gifts, grants, and similar amounts received$101,758
Program service revenue including government fees and contracts$0
Membership dues and assessments$15,850
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$150,885
Total net assets$117,835
Deficit for the year$-33,277
Net assets or fund balances at beginning of year$151,112
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$117,835
Total liabilities$0
Net assets or fund balances$117,835
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$302,780
Gifts, grants, contributions, and membership fees received$302,780
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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