Gulf Coast Carnival & Literary Association of Biloxi Mississippi is a 501(c)(4) organization based in Biloxi, Mississippi, registered in 1978, with $501,078 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$501K
▲ 0.2% vs prior year
Expenses (FY2024)
$423K
Net assets
$819K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Gulf Coast Carnival & Literary Association of Biloxi Mississippi— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Gulf Coast Carnival & Literary Association of Biloxi Mississippi: 23 mo reserves · +16% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Gulf Coast Carnival & Literary Association of Biloxi Mississippi— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Gulf Coast Carnival & Literary Association of Biloxi Mississippi: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $353K (FY2013) to $501K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
15.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$361K
Net assets
$819K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $501,078▲0.2% | $423,308▲4.6% | $819,096▲10.5% | $1,180,117▲3.0% | 990 |
| 2023 | $500,276▲4.5% | $404,790▼3.4% | $741,326▲14.8% | $1,145,431▲7.1% | 990 |
| 2022 | $478,649▲0.2% | $418,824▲4.6% | $645,840▲10.2% | $1,069,730▲5.3% | 990 |
| 2021 | $477,585▲303% | $400,291▲194% | $586,015▲15.2% | $1,015,707▼1.9% | 990 |
| 2020 | $118,553▼70.2% | $136,228▼63.8% | $508,721▼3.4% | $1,035,775▲3.9% | 990 |
| 2019 | $397,598▼5.9% | $376,298▼3.3% | $526,396▲4.2% | $996,837▲1.6% | 990 |
| 2018 | $422,587▲3.3% | $389,267▲7.8% | $505,096▲7.1% | $981,437▲10.5% | 990 |
| 2017 | $408,981▼13.1% | $361,028▲1.0% | $471,776▲11.3% | $887,808▲2.0% | 990 |
| 2016 | $470,371▲28.2% | $357,290▲3.2% | $423,823▲36.4% | $870,538▼4.4% | 990 |
| 2015 | $366,960▼0.4% | $346,090▲1.1% | $310,742▲7.2% | $910,203▼1.0% | 990 |
| 2014 | $368,573▲4.6% | $342,376▲10.7% | $289,872▲9.9% | $919,646▲0.7% | 990 |
| 2013 | $352,518 | $309,178▼0.6% | $263,675▲19.7% | $912,996▲11.4% | 990 |
| 2012 | — | $311,113▼1.8% | $220,335▲17.8% | $819,529▼2.5% | 990 |
| 2011 | — | $316,850▲24.2% | $187,096▲37.7% | $840,839▲14.2% | 990 |
| 2010 | — | $255,199 | $135,899 | $736,121 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Gulf Coast Carnival & Literary Association of Biloxi Mississippi (EIN 64-0409646) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.