Nonprofit · EIN 47-2158741
DEEP SOUTH TODAY
Tax-exempt · JACKSON, MS 39201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $9,481,672 | $5,638,889 | $3,842,783 | $11,497,805 | $349,952 | $11,147,853 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $9,148,267
- Program service revenue
- $66,120
- Investment income
- $203,621
- Other revenue
- $63,664
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,283,917
- Other salaries and wages
- $2,075,324
- Salaries, compensation and benefits (total)
- $3,998,470
- Professional fundraising fees
- $0
- Legal fees
- $149,571
- Accounting fees
- $21,972
- Occupancy
- $127,159
- Travel
- $77,719
- Depreciation
- $39,067
- Program services (functional)
- $3,800,859
- Management and general (functional)
- $1,229,200
- Fundraising (functional)
- $608,830
Balance sheet and other
- Total assets, start of year
- $7,698,323
- Total assets, end of year
- $11,497,805
- Total liabilities, end of year
- $349,952
- Net assets, end of year
- $11,147,853
- Land, buildings and equipment
- $43,343
- Net assets without donor restrictions
- $3,905,969
- Net assets with donor restrictions
- $7,241,884
- Gross unrelated business income
- $66,120
- Gross receipts
- $9,481,672
- Employees
- 51
- Volunteers
- 8
- Year formed
- 2014
- State of legal domicile
- MS
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WARWICK SABIN | CHIEF EXECUTIVE OFFICER Officer | 40 | $278,419 | $14,533 |
| DAVID FRANCIS | EXECUTIVE DIRECTOR VERITE Officer | 40 | $153,803 | $15,446 |
| TERRY BAQUET | EDITOR-IN-CHIEF VERITE Officer | 40 | $147,763 | $15,505 |
| ADAM GANUCHEAU | EDITOR-IN-CHIEF Officer | 40 | $131,391 | $8,537 |
| THOMAS RAMSEY | HIGHEST COMPENSATED EMPLOY Highest-paid employee | 40 | $109,980 | $26,916 |
| MARY MARGARET WHITE | CEO OF MISSISSIPPI TODAY Officer | 40 | $121,293 | $13,867 |
| LAUCHLIN FIELDS | HIGHEST COMPENSATED EMPLOY Highest-paid employee | 40 | $115,059 | $19,160 |
| LINDEN POTTS | CONTROLLER Officer | 40 | $111,987 | $18,229 |
| DYLAN PENNY | DIRECTOR, PEOPLE & CULTURE Officer | 40 | $114,222 | $9,889 |
| IVY BARNEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TODD MCDONALD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TOM PITTMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BILL BYNUM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW LACK | EXECUTIVE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DR IVY TAYLOR | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRAY HAIRSTON | TREASURER Trustee or director, Officer | 1 | $0 |
| DONNA BARKSDALE | VICE CHAIR Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 317 E CAPITOL ST STE 300, JACKSON, MS 39201-3409
- In care of
- % WARWICK SABIN
- Mailing address (990-N for 2014)
- 800 WOODLANDS PARKWAY STE 107, RIDGELAND MS 39157
- Principal officer (990 for 2024)
- WARWICK SABIN, 317 E CAPITOL ST 300, JACKSON, MS 39201
- Principal officer (990-N for 2014)
- ANDREW LACK, 800 WOODLANDS PARKWAY STE 107, RIDGELAND MS 39157
- Signed the 990
- WARWICK SABIN, CHIEF EXECUTIVE OFFICER
- Phone
- (601) 533-4860
- Return prepared by
- MATTHEWS CUTRER & LINDSAY PA
Mission
DEEP SOUTH TODAY IS A NONPROFIT NETWORK OF LOCAL NEWSROOMS COMPRISING MISSISSIPPI TODAY AND VERITE NEWS. WITH ITS REGIONAL SCALE AND SCOPE, DEEP SOUTH TODAY IS PROVIDING CRITICAL JOURNALISM IN UNDERSERVED AREAS AND ENSURING ITS LONG-TERM GROWTH AND SUSTAINABILITY.
Program accomplishments
- MISSISSIPPI TODAY WAS AWARDED THE 2023 PULITZER PRIZE FOR LOCAL REPORTING. IT IS THE STATE'S FLAGSHIP NONPROFIT, NONPARTISAN NEWSROOM, OFFERING INDEPTH INVESTIGATIVE AND ENTERPRISE REPORTING FROM ALL CORNERS OF THE STATE. THERE IS NO COST TO READ ITS REPORTING, LISTEN TO ITS PODCASTS, OR ACCESS ITS DATA SETS. THE JOURNALISM PRODUCED BY MISSISSIPPI TODAY INCREASES ACCOUNTABILITY AMONG ELECTED OFFICIALS, GOVERNMENT AGENCIES AND COMMUNITY LEADERS. ITS REPORTING IN THE AREAS OF COMMUNITY HEALTH, POLITICS, EDUCATION, CRIMINAL JUSTICE, WORKFORCE, AND POVERTY HAS BEEN ESPECIALLY IMPACTFUL, PROVIDING INSIGHT AND EXPLANATION OF SYSTEMIC ISSUES AND CORRUPTION THAT HAVE LONG GONE UNREPORTED.Expenses $2,851,410 · revenue $66,120
- VERITE NEWS PRODUCES IN-DEPTH JOURNALISM THAT SERVES THE REGION IN AND AROUND NEW ORLEANS, WHILE ALSO EDUCATING, DEVELOPING, AND MENTORING A NEW GENERATION OF JOURNALISTS. VERITE NEWS AT NO COST PROVIDES ITS READERS WITH THE INFORMATION THEY NEED TO UNDERSTAND THE ECONOMIC, SOCIAL AND POLITICAL ISSUES IN THEIR COMMUNITIES AND BEYOND. WITH AN EDITORIAL FOCUS ON THE CIVIC AND CULTURAL COMMUNITIES IN NEW ORLEANS, VERITE NEWS REPORTS ON THE EVENTS AND PERSONALITIES SHAPING THE LIFE OF THE CITY.Expenses $949,449
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-2158741
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A30)
- Assets (IRS master file)
- $11,497,805
- Income (IRS master file)
- $9,481,672
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $6,122,140 | $5,150,155 | $7,698,323 | IRS |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $4,722,248 | $3,579,836 | $6,732,383 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2014 Officer: ANDREW LACK | December 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about DEEP SOUTH TODAY
- What is the EIN of DEEP SOUTH TODAY?
- The employer identification number (EIN) of DEEP SOUTH TODAY is 47-2158741.
- Is DEEP SOUTH TODAY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to DEEP SOUTH TODAY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DEEP SOUTH TODAY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DEEP SOUTH TODAY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DEEP SOUTH TODAY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DEEP SOUTH TODAY?
- The 990 for the year ended December 31, 2024 names WARWICK SABIN.
- Who are the officers and directors of DEEP SOUTH TODAY?
- The 990 for the year ended December 31, 2024 lists 17 people; 9 received compensation from the organization, the highest $278,419 (WARWICK SABIN, CHIEF EXECUTIVE OFFICER).
- How much revenue does DEEP SOUTH TODAY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $9,481,672, expenses of $5,638,889 and total assets of $11,497,805 at year end.
Other nonprofits in JACKSON
- MISSISSIPPI CHILDRENS MUSEUM EIN 64-0850010 · last filed 990 for 2025
- MISSISSIPPI MUSEUM OF ART INC EIN 64-6025771 · last filed 990 for 2025
- UNIVERSITY PRESS OF MISSISSIPPI INC EIN 64-0501030 · last filed 990 for 2025
- MPB FOUNDATION EIN 81-3063377 · last filed 990 for 2025
- MISSISSIPPI SYMPHONY ORCHESTRA ASSOCIATION EIN 64-0273405 · last filed 990 for 2025
- BALLET MAGNIFICAT EIN 64-0732185 · last filed 990 for 2025
- INSTITUTE OF SOUTHERN JEWISH LIFE INC EIN 64-0762027 · last filed 990 for 2025
- INTERNATIONAL MUSEUM OF MUSLIM CULTURE EIN 36-4495799 · last filed 990 for 2024
All nonprofits in JACKSON · Mississippi · Arts, culture and humanities