Mississippi School of the Arts Foundation Inc

Public charity · Grantmaker Brookhaven, MS EIN: 64-0926726

The organization's purpose is to exclusively benefit, directly or indirectly, perform the functions of, or carry out the purposes of the Mississippi School of the Arts.

Key facts about Mississippi School of the Arts Foundation Inc

EIN
64-0926726
Latest 990 filing
Form 990, 2024
Total assets
$709,334

Data from IRS Form 990, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$709K

-0.2% YoY

Revenue

$171K

+19.6% YoY

Net Investment Income

$138

-74.6% YoY

Expenses

$172K

+53.5% YoY

About Mississippi School of the Arts Foundation Inc

Based on IRS filings

Mississippi School of the Arts Foundation Inc is a public charity focused on Education, based in Brookhaven, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $709K in total assets. Net investment income was $138.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Brookhaven

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K1 grant2020 Total only2021 0 grants2022 0 grants2023 0 grants2024

From 2020 to 2021, annual grant giving ranged from $4K (2021) to $7K (2020). In 2021 it reported $4K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$709,334$710,682$680,099
Revenue$170,733$142,724$187,959
Expenses$172,081$112,141$116,007
Net Investment Income$138$544$116

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS June 28, 2022)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Mississippi School of the Arts Foundation Inc is led by Bill Sones, Chairman on every filing since 2020; none of the 14 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Bill Sones

    Chairman

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Amy Jacobs

    Board Member

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Jere Johnson Clark

    Board Member

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Kenny Goza

    Board Member

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Lucius Lampton

    Board Member

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Patti Perkins

    Vice Chairman

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Robert E. Tyler

    Board Member

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Stan L. Foster

    Secretary

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Danita Hobbs

    Board Member

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Carla Snider

    Board Member

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Isabel Smith

    Board Member

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Paul Barnett

    Board Member

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Roberto Bonillo

    Board Member

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Robin Tyler Faust

    Board Member

    New on the 2024 filing

    5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Lu C. Becker (2020–2023) — Board Member

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Mississippi School of the Arts Foundation Inc

How large is Mississippi School of the Arts Foundation Inc?

Mississippi School of the Arts Foundation Inc reported $709K in total assets on its 2024 IRS Form 990. Its revenue that year was $171K.

What is Mississippi School of the Arts Foundation Inc?

Mississippi School of the Arts Foundation Inc is a public charity focused on Education, based in Brookhaven, MS. It holds $709K in total assets as of 2024.

Where does Mississippi School of the Arts Foundation Inc operate?

Mississippi School of the Arts Foundation Inc has awarded grants in Mississippi.

What is Mississippi School of the Arts Foundation Inc's EIN?

Mississippi School of the Arts Foundation Inc's EIN (Employer Identification Number) is 64-0926726. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990 filings.

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