All real and personal property, excepting motor vehicles, owned by incorporated or unincorporated little theatres which promote the dramatic arts and are created as or for a literary institution, a civic improvement society, or for fraternal and benevolent purposes, shall be and the same is hereby exempt from ad valorem taxation, both state, county and municipal; provided, however, that this section shall not apply to such little theatre organizations which are operated as profit-making institutions or organizations.
Structure Mississippi Code
Title 27 - Taxation and Finance
Chapter 31 - Ad Valorem Taxes-General Exemptions
§ 27-31-3. Turpentine, etc.; agricultural products
§ 27-31-5. Little theatre property
§ 27-31-9. Parking garages not operated for profit; exemption by counties
§ 27-31-11. Parking garages not operated for profit; exemption by municipalities
§ 27-31-13. Commodities in transit
§ 27-31-17. Bonds, etc., of agricultural agencies
§ 27-31-19. Oil, gas and other petroleum products refined in state
§ 27-31-21. Public school libraries and buildings
§ 27-31-23. Confederate soldiers' home
§ 27-31-27. Registered or licensed aircraft
§ 27-31-29. Newly constructed single-family dwellings
§ 27-31-30. Certain military housing units and ancillary supporting facilities
§ 27-31-35. Property related to project defined in Mississippi Superconducting Super Collider Act
§ 27-31-39. Public trust tidelands