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.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023
| Position | Total |
|---|---|
Director Officer (Unspecified) | $11k $11k |
Director Officer (Unspecified) | $9k $10k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 3 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at FTC QALICB INC equaled 1% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 3%
from 2022
From $10k in 2022 to $11k in 2023.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about FTC QALICB INC
What are FTC QALICB INC's revenue and expenses?
In 2023, FTC QALICB INC reported $245k in total revenue and $781k in total expenses on its IRS Form 990.
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