Watertown Main Street Program Inc is located in Watertown, WI. The organization was established in 2002. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Watertown Main Street Program Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Watertown Main Street Program Inc generated $84.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $76.1k during the year ending 12/2022. While expenses have increased by 11.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTE AND REVILTALIZE THE DOWNTOWN AREA INCLUDING THE BUILDINGS, PROPERTIES AND PUBLIC AREAS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amber Smith President | 0 | $0 | |
Sandra Budewitz Vice President | 0 | $0 | |
Peg Checkai Director | 0 | $0 | |
Ron Counsell Director | 0 | $0 | |
Kevin Clifford Director | 0 | $0 | |
Brian Konz Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $31,172 |
Total Program Service Revenue | $1,150 |
Membership dues | $0 |
Investment income | $62 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $51,850 |
Other Revenue | $636 |
Total Revenue | $84,870 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $44,347 |
Professional fees and other payments to independent contractors | $740 |
Occupancy, rent, utilities, and maintenance | $6,000 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $25,056 |
Total expenses | $76,143 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $80,468 |
Other assets | $0 |
Total assets | $80,468 |
Total liabilities | $0 |
Net assets or fund balances | $80,468 |