Skip to content

Mississippi · Nonprofit

FTC QALICB INC

FTC QALICB INC (Mississippi) receives grants from 1 organization whose IRS filings report $23,757 to it, the largest being MISSISSIPPI CHILDREN'S MUSEUM ($23,757). 1 of them have funded it in more than one year.

Revenue FY2025
$245k
Funders on record
1
Grants received
$24k
Net assets
$-1891204
1/1 repeat funders
01What it does

What Ftc Qalicb Inc does

Mission

To develop and construct a museum to benefit, support, perform the charitable functions of, or to carry out the charitable purposes, of the mississippi children's museum. Ftc obtained the status of a qualified active low-income community business in order to construct, develop and equip a children's museum in meridian, mississippi through a new markets tax credit (nmtc) transaction.

As stated on its FY2025 Form 990.

Program

  1. To develop and construct a museum to benefit, support, perform the charitable functions of, or to carry out the charitable purposes, of the mississippi children's museum.

    $827,210 spentof which $90,016 as grants$233,333 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $827,210.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($827k) Expenses 100 ($114k)2021 Revenue 16 ($131k) Expenses 207 ($234k)2022 Revenue 89 ($738k) Expenses 682 ($774k)2023 Revenue 19 ($161k) Expenses 687 ($780k)2024 Revenue 30 ($245k) Expenses 688 ($781k)2025 Revenue 30 ($245k) Expenses 748 ($849k)
202020212022202320242025
Revenue (30)Expenses (748)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $15M to $14M (−4%).

$17M
$16M
$16M
$15M
$15M
$14M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

5% of FTC QALICB INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 6 reported years ran a deficit.

$714k
’20
−$104k
’21
−$36k
’22
−$619k
’23
−$536k
’24
−$604k
’25
2.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202020212022202320242025
Listed555555
Joined·+0+1+0+0+0
No longer listed·01000
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
'25*
total
funders
1
1

From the IRS filings of FTC QALICB INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of FTC QALICB INC's grant income comes from Mississippi funders.

MS

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FTC QALICB INC's revenue fell 70% between 2020 and 2025.

Operating margin−246% · bottom quartile
Months of reserve2.1mo · bottom quartile
Revenue growth (annualized)−22% · bottom quartile

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Organizations like FTC QALICB INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Mississippi

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

97% of spending goes to programs.

Program 97%Management 3%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MS

Part of a family of 2 related entities

  • Mississippi Children's Museum · exempt
  • Mississippi Children's Museum - Mer · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FTC QALICB INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FTC QALICB INC?
FTC QALICB INC (Mississippi) receives grants from 1 organization whose IRS filings report $23,757 to it, the largest being MISSISSIPPI CHILDREN'S MUSEUM ($23,757). 1 of them have funded it in more than one year.
How many funders does FTC QALICB INC have?
IRS filings report 1 organization giving $23,757 in grants to FTC QALICB INC, 1 of which have funded it in more than one year.
Who is the largest funder of FTC QALICB INC?
MISSISSIPPI CHILDREN'S MUSEUM is the largest funder on record, with $23,757 in grants. The full list of funders is on this page.
How can an organization like FTC QALICB INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Mississippi. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing