Public Charity

FTC QALICB INC

FTC QALICB INC is a Public Charity headquartered in JACKSON, MS. Financial data from the 2025 filing: $245K revenue, $849K expenses, $14.2M total assets. 2 publicly reported grants to this organization, totaling roughly $24K, appear in IRS filings.

EIN: 842654905 JACKSON, MS Single Organization Support NTEE: A11 Latest filing: 2025
Total Revenue$245K
Total Expenses$849K
Total Assets$14.2M
Grant Records2
Funding Total$24K
Filing Years2021–2025

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.

Where $100 goes at Ftc Qalicb Inc

How Ftc Qalicb Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$98
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
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Barbara Zeller
DIRECTOR Janet Spain
DIRECTOR Mary Preston Dubberly
DIRECTOR Sarah Skelton
DIRECTOR Susan Garrard

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$23,757 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $245K $849K $14.2M
2024 $245K $781K $14.8M
2023 $161K $780K $15.1M
2022 $738K $774K $15.7M
2021 $131K $234K $16.3M

Between 2021 and 2025, reported annual revenue grew from $131K to $245K (+88%), with total assets most recently reported at $14.2M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FTC QALICB INC

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