Ftc Qalicb Inc

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

EIN: 842654905 ✦ Jackson, MS ✦ Designated as a 501(c)(3)

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Overview

What is Ftc Qalicb Inc?

Ftc Qalicb Inc is a nonprofit organization situated in Jackson, Mississippi, with an address at 2145 Museum Blvd. Their primary mission is to develop and construct a children's museum, aiming to support and carry out charitable purposes for the Mississippi Children's Museum. This project is funded through a New Markets Tax Credit (NMTC) transaction, which allows the organization to construct, develop, and equip the children's museum in Meridian, Mississippi. The museum aims to benefit children and families in the region, providing an educational and engaging environment. Ftc Qalicb Inc's activities are focused on promoting the well-being and development of children in Mississippi.


Official website here: www.mississippichildrensmuseum.com

Is Ftc Qalicb Inc legitimate?

Ftc Qalicb Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ftc Qalicb 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


Official website here: www.mississippichildrensmuseum.com

What is the mission statement of Ftc Qalicb Inc?

Ftc Qalicb Inc is committed to developing and constructing a museum with the aim of supporting and benefiting the charitable functions of the Mississippi Children's Museum. The organization obtained the status of a Qualified Active Low-Income Community Business, enabling it to construct, develop, and equip a children's museum through a New Markets Tax Credit transaction. This initiative is aimed at providing a charitable space for children, furthering the objectives of the Mississippi Children's Museum.


Official website here: www.mississippichildrensmuseum.com

Who is the CEO of Ftc Qalicb Inc?

Sarah Skelton is the Director of Ftc Qalicb Inc.


Official website here: www.mississippichildrensmuseum.com

What is the revenue of Ftc Qalicb Inc?

Ftc Qalicb Inc's revenue in 2022 was $737,633.


Official website here: www.mississippichildrensmuseum.com

Who are the executives of Ftc Qalicb Inc and what are their salaries?


Here are 5 key members and their salaries:


Susan Garrard (Director)
  • Compensation: $0
  • Related: $140,000
  • Other: $9,658
Sarah Skelton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Zeller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Spain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Preston Dubberly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mississippichildrensmuseum.com

Where can I find the form 990 for Ftc Qalicb Inc?

Ftc Qalicb Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mississippichildrensmuseum.com

Learn more at the official website: www.mississippichildrensmuseum.com

Mission Statement of Ftc Qalicb Inc

Ftc Qalicb Inc, a nonprofit organization, is committed to developing and constructing a museum with the aim of benefiting, supporting, and carrying out the charitable functions of the Mississippi Children's Museum. Their mission is to obtain the status of a Qualified Active Low-Income Community Business, allowing them to construct, develop, and equip a children's museum. This initiative aims to contribute to the charitable purposes of the Mississippi Children's Museum and provide a beneficial space for children. Ftc Qalicb Inc's mission is centered around the construction of a children's museum, utilizing New Markets Tax Credits (NMTC) transactions to make this vision a reality.

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Impact




October, 2024

Ftc Qalicb Inc plays a significant role in enhancing the cultural and educational landscape of Mississippi through the development and construction of a dedicated children's museum. By focusing on this initiative, the organization aims to benefit and support the charitable functions of the Mississippi Children's Museum. This project is not just about constructing a building; it represents an investment in the future of children in the region, providing them with a space for learning, exploration, and creativity.

The establishment of this museum in Meridian, Mississippi, serves multiple vital functions. It will create a stimulating environment for children, encouraging hands-on learning experiences that can foster critical thinking and creativity. Additionally, the museum is expected to become a community hub, bringing together families, educators, artists, and local organizations to engage in various programs and activities that promote arts and education.

Furthermore, by achieving the status of a Qualified Active Low-Income Community Business, Ftc Qalicb Inc is positioned to leverage financial tools, such as New Markets Tax Credits (NMTC), to support the construction and equipping of the museum. This strategic approach not only amplifies resource mobilization but also enhances the potential for economic development in the area.

Ultimately, Ftc Qalicb Inc's efforts contribute significantly to building a richer cultural landscape, improving educational resources for children, and fostering community engagement in Meridian and beyond.




This information is meant to be a general summary of Ftc Qalicb 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
$737,633 (2022)
Expenses
$773,951 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $150,000
  • Gross Receipts: $737,633

Assets and Liabilities:

  • Total Assets: $15,712,511
  • Total Liabilities: $16,046,639
  • Net Assets: -$334,128

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Programs

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

LEASE INCOME

Revenue

$150,000

Organization Details

Founding Year

2020

Principal Officer

Sarah Skelton

Main Address

2145 MUSEUM BLVD, JACKSON, MS, 39202

NTEE Category

Code: A11 - Arts

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