Mystics Of Time Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 630987495 ✦ Mobile, AL ✦ Designated as a 501(c)(7)

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Overview

What is Mystics Of Time Inc?

Mystics of Time Inc, situated in Mobile, Alabama, is a fraternal organization with a distinctive mission. Their primary objective is to celebrate the annual Mardi Gras tradition by organizing a parade and hosting a grand ball. This event, held annually, serves as a significant cultural celebration within their community.

Is Mystics Of Time Inc legitimate?

Mystics Of Time Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Mystics Of Time Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Mystics Of Time Inc?

Mystics of Time is an organization that annually hosts a Mardi Gras Parade and Ball as its primary mission. Their objective is to organize and present this traditional event, promoting community spirit and celebration during the Mardi Gras season. The organization's activities are centered around the preparation and execution of this annual event, which serves as a significant cultural and social event in their community. The parade and ball are intended to bring joy, unity, and festivity, offering an opportunity for people to participate and celebrate together.

Who is the CEO of Mystics Of Time Inc?

J Thad Hendrix is the Past President of Mystics Of Time Inc.

What is the revenue of Mystics Of Time Inc?

Mystics Of Time Inc's revenue in 2022 was $854,471.

Who are the executives of Mystics Of Time Inc and what are their salaries?


Here are 7 key members and their salaries:


Jason Richardson (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Thad Hendrix (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hagan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wacker (3Rd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Steven Hanley (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lewis Copeland (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Curtis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mystics Of Time Inc?

Mystics Of Time Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mystics Of Time Inc

Mystics of Time, a fraternal organization, is devoted to the celebration of Mardi Gras. Their primary mission is to organize an annual parade and ball, bringing the spirit of Mardi Gras to life. This event is a significant part of their activities, serving as a focal point for their community engagement and cultural celebration. By presenting this annual parade and ball, Mystics of Time contributes to the festive atmosphere and traditions associated with Mardi Gras, offering a unique experience for participants and spectators alike.

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Impact




October, 2024

Mystics Of Time Inc has a significant cultural and social impact in Mobile, Alabama, primarily through its organization of the annual Mardi Gras Parade and Ball. This event not only highlights the rich traditions of Mardi Gras but also fosters community engagement and brings residents together in celebration. The parade attracts participants and spectators from various backgrounds, promoting a sense of unity and local pride.

The grand spectacle of the parade features elaborate floats, colorful costumes, and community participation, drawing visitors and tourists to Mobile, which boosts the local economy. Additionally, the ball serves as a social gathering, providing a space for networking and camaraderie among attendees, enhancing the fraternal spirit of the organization. Overall, Mystics Of Time Inc plays a vital role in preserving the cultural heritage of Mardi Gras while contributing positively to the community’s social fabric and economic vitality.




This information is meant to be a general summary of Mystics Of Time Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$854,471 (2022)
Expenses
$922,524 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $546
  • Program Service Revenue: $792,872
  • Gross Receipts: $969,922

Assets and Liabilities:

  • Total Assets: $1,352,508
  • Total Liabilities: $247,000
  • Net Assets: $1,105,508

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES & FEES

Revenue

$792,872

Organization Details

Founding Year

1948

Principal Officer

J Thad Hendrix

Main Address

P O BOX 1087, MOBILE, AL, 366331087

NTEE Category

Code: Y40 - Mutual benefit

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