Downtown Waynesville Association

Organization Overview

Downtown Waynesville Association is located in Waynesville, NC. The organization was established in 1987. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Downtown Waynesville Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Waynesville Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, Downtown Waynesville Association generated $139.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $118.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

UNDERTAKING REVITALIZATION ACTIVITIES WITHIN THE MUNCIPIAL SERVICE DISTRICT AND DOWNTOWN AREA OF WAYNESVILLE, NORTH CAROLINA WHILE PRESERVING AND SUSTAINING THE SOCIAL, CULTURAL,ECONOMIC AND HISTORICAL ROLE OF DOWNTOWN AS THE CENTER OF THE COMMUNITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

REVITALIZATION ACTIVITIES WITHIN THE MUNICIPAL SERVICE DISTRIC AND DOWNTOWN ARE OF WAYNESVILLE, NORTH CAROLINA


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$12,935
Related organizations$0
Government grants $126,410
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$139,345
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $139,345

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