77
Ballet Magnificat
Arts & Culture · Jackson, Mississippi
5406 I 55 N, Jackson, MS 39211-4027
EIN: 640732185· Founded: Jan 1987· 39 years active· Filing Year: 2023
Annual Revenue
$1.9M
Total Expenses
$2.1M
Total Assets
$1.9M
Program Spending
73%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$165K
7.8% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$630K
Total Payroll
$795K
38% of total expenses
Where the Money Goes
73%
Programs: 73%
Payroll: 38%
Other overhead: 27%
Program Revenue$1.5M (79%)
Total Expenses$2.1M (100%)
Payroll$795K (38%)
Overhead (non-program)27%
Trust Score Breakdown
Program Spending Ratio
73% of expenses go to programs
Revenue & Stability
$1.9M annual revenue
Executive Compensation
$165K total officer comp (7.8% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$1.9M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.