Mardi Gras Museum Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO RECORD AND PROMOTE THE HISTORY OF MARDI GRAS ON THE MISSISSIPPI GULF COAST THROUGH ITS MUSEUM OF ARTIFACTS, HISTORY DOCUMENTATION AND EDUCATIONAL PROGRAMS.
- Income
- $100,358
- Spending
- $93,120
- Spent on programs
- 4%
- Reserves
- 8.8 months of spending
- Largest source of income
- government grants, 64%
- Employees
- 1
- Volunteers
- 15
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 68 out of 100. Higher than 39% of charities in its peer group (arts and culture, under $250k).
Reserves
28 of 35Spendable reserves would cover 8.8 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 7% of income.
Income trend
5 of 15Income fell 12% on the year before.
Spending floor
0 of 154% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 62 out of 100. Higher than 48% of charities in its peer group (arts and culture, under $250k).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $1,050 spent. ANNUAL CHILDRENS' MARDIS GRAS PARADE AND SHOE BOX FLOAT BUILDING CRAFTS AND EDUCATIONAL SPEAKER. ALLOWS CHILDREN TO EXPERIENCE THE RIDING IN A MARDI GRAS PARADE ON THE STREETS OF HISTORIC BILOXI. ALLOWS THEM TO EXPERIENCE THE DESIGN AND CONSTRUCTION OF A MARDI GRAS FLOAT.
- $2,550 spent. SPONSOR EVENTS AND EXHIBIT FEATURES HELD AT MUSEUM.
- ADMISSION FEES BY TOURIST VISITING THE MUSEUM TO VIEW MARDI GRAS DISPLAYS AND NET PROFITS FROM GIFT SHOP SALES OF MARDI GRAS SOUVINERS
- GULF COAST CARNIVAL ASSOCIATION USE OF THE MUSUEM FOR ADMINISTRTION OF THE MARDI GRAS SEASON INCLUDING CORONATION OF KING, QUEEN, DUKES, MAIDS AND STREET PARADE IN DOWNTOWN BILOXI
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2003.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.