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Mississippi · Nonprofit

MISSISSIPPI INDUSTRIAL HERITAGE MUSEUM INC

MISSISSIPPI INDUSTRIAL HERITAGE MUSEUM INC (Mississippi) receives grants from 3 organizations whose IRS filings report $34,548 to it, the largest being MISSISSIPPI HUMANITIES COUNCIL INC ($21,548). 2 of them have funded it in more than one year.

Revenue FY2024
$129k
Funders on record
3
Grants received
$35k
Net assets
$995k
2/3 repeat funderspeak grant-dependency 11%
01What it does

What Mississippi Industrial Heritage Museum Inc does

Mission

The Mississippi Industrial Heritage Museum located in the historic Soule Steam Feed Works site promotes the heritage labor and innovation that influenced and shaped our countrys rise as an industrial and manufacturing pioneer.

As stated on its FY2024 Form 990.

Programs

  1. The Mississippi Industrial Heritage Museum continues to preserve restore and interpret historic Soule Steam Feed Works. During the past year the museum certified safety sprinkler system. In general upkeep the steam engines and other historic machine shop equipment require a great deal of care throughout the year so that they can still be operable during museum events and larger tours. It is the museums desire that equipment be displayed and shown in motion rather than as a static display.

    $62,095 spent
    55% of program spending
  2. The Mississippi Industrial Heritage Museum is open for self-guided tours Thursday through Saturday. The organization received grant funding from Visit Meridian to help cover advertising expenses outside a 90-mile radius of the museum. The Museum hosted the 22nd Annual Soule Live Steam Show again this year with more than 1,000 visitors. Since the event started in 2003 the museum has offered free admission to students and children on Fridays during this event. Programs during this event are used to educate the public with various demonstrations including blacksmithing weaving molten metal pouring steam engines operating belt-driven machine shop letter-press printing and broom-making. The museum hosted the 9th Annual Maker Faire Meridian in April attracted 186 people to attend this free event.

    $49,017 spentof which $3,200 as grants$6,844 earned by the program
    43% of program spending
  3. The museum continues its outreach by opening the museum for private events during the year. Larger groups of visitors attending private events provide an opportunity for a different public audience to experience and learn about Soule and industrial heritage. Private events open the museum to the hosts their family friends colleagues employees and business patrons. For a set fee the museum is open during the off-hours for these private events. The museum also participates in state and regional conferences and events for additional outreach with other museums preservationists and other organizations. The Museum hosted the Meridian Symphony Associations presentation of "A Night to Shine Jimmie Rodgers and Where It All Began"

    $2,600 spent$4,997 earned by the program
    2% of program spending
  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $113,712.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($187k) Expenses 100 ($224k) Net assets 100 ($1.0M)2020 Revenue 91 ($170k) Expenses 69 ($154k) Net assets 99 ($1.0M)2021 Revenue 74 ($137k) Expenses 66 ($147k) Net assets 107 ($1.1M)2022 Revenue 88 ($165k) Expenses 71 ($160k) Net assets 92 ($934k)2023 Revenue 81 ($152k) Expenses 68 ($153k) Net assets 99 ($1.0M)2024 Revenue 69 ($129k) Expenses 62 ($139k) Net assets 98 ($995k)
201920202021202220232024
Revenue (69)Expenses (62)Net assets (98)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 2021 to 2022, from $1.1M to $884k (−22%).

$1.1M
$1.1M
$1.1M
$884k
$954k
$995k
201920202021202220232024
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.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 6% · 2020 13% · 2021 25% · 2022 5% · 2023 9% · 2024 2%. Grants only. Government contracts and fees sit inside program revenue.

52% of MISSISSIPPI INDUSTRIAL HERITAGE MUSEUM INC’s revenue is contributions — about as donation-reliant as the typical peer (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. 4 of the last 6 reported years ran a deficit.

−$37k
’19
$16k
’20
−$10k
’21
$5k
’22
−$2k
’23
−$10k
’24
0.4
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.

Chief executive

Gregory W Hatcher

Treasurer and Executive Director

As listed on its FY2024 Form 990.

201920202021202220232024
Listed999998
Joined·+0+0+0+0+0
No longer listed·00001
03Who funds it

Who funds it, year by year

2017 → 2021: the base narrowed from 2 funders to 1 funder, grant income rose $5k → $15k.

From the IRS filings of MISSISSIPPI INDUSTRIAL HERITAGE MUSEUM 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.

How concentrated its funding is

MISSISSIPPI INDUSTRIAL HERITAGE MUSEUM INC leans on a few funders — its largest provides 62% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

62% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MISSISSIPPI INDUSTRIAL HERITAGE MUSEUM INC.

62%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 80% · 2018 100% · 2020 62% · 2021 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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

97% of MISSISSIPPI INDUSTRIAL HERITAGE MUSEUM INC's grant income comes from Mississippi funders.

MS
GA

In-state vs out-of-state, by year

’17
’18
’20
’21
Mississippi out of state home

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

MISSISSIPPI INDUSTRIAL HERITAGE MUSEUM INC's funding has concentrated — grant income rose while the number of funders held roughly flat.

Operating margin−7% · below the median
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)−7% · bottom quartile

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Organizations like MISSISSIPPI INDUSTRIAL HERITAGE MUSEUM 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

82% of spending goes to programs.

Program 82%Management 16%Fundraising 2%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

67%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MS

Screen this organization

A dated, signed PDF of the compliance screen for MISSISSIPPI INDUSTRIAL HERITAGE MUSEUM 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.

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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 MISSISSIPPI INDUSTRIAL HERITAGE MUSEUM INC?
MISSISSIPPI INDUSTRIAL HERITAGE MUSEUM INC (Mississippi) receives grants from 3 organizations whose IRS filings report $34,548 to it, the largest being MISSISSIPPI HUMANITIES COUNCIL INC ($21,548). 2 of them have funded it in more than one year.
How many funders does MISSISSIPPI INDUSTRIAL HERITAGE MUSEUM INC have?
IRS filings report 3 organizations giving $34,548 in grants to MISSISSIPPI INDUSTRIAL HERITAGE MUSEUM INC, 2 of which have funded it in more than one year.
Who is the largest funder of MISSISSIPPI INDUSTRIAL HERITAGE MUSEUM INC?
MISSISSIPPI HUMANITIES COUNCIL INC is the largest funder on record, with $21,548 in grants. The full list of funders is on this page.
How can an organization like MISSISSIPPI INDUSTRIAL HERITAGE MUSEUM 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.

Play a game about who funds Mississippi Industrial Heritage Museum →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 3 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