Main Street Texarkana

Organization Overview

Main Street Texarkana is located in Texarkana, TX. The organization was established in 1992. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Main Street Texarkana employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Main Street Texarkana 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 12/2023, Main Street Texarkana generated $250.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $250.8k during the year ending 12/2023. While expenses have increased by 7.5% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PRESERVE DOWNTOWN AREA AS AN ECONOMICAL AND COMMERCIAL CENTER BY BRINGING CULTURE AND BUSINESS ENTERPRISES TO THE AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRESERVE DOWNTOWN AREA AS AN ECONOMICAL AND COMMERCIAL CENTER BY BRINGING CULTURE AND BUSINESS ENTERPRISES TO THE AREA.


CITY GUIDE PUBLICATION TO PROMOTE TOURISM


DOWNTOWN HOLIDAY & FESTIVAL PROMOTIONS


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Board, Officers & Key Employees

Name (title)Compensation
Ina M Mcdowell
Executive Dir.
$58,000
Philip Mobley
Officer
$0
Dr Beverly Rowe
Officer
$0
Steve Thompson
Treasurer
$0
James Bright
President
$0
Jon Shepard
Officer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$13,458
Fundraising events$0
Related organizations$0
Government grants $71,188
All other contributions, gifts, grants, and similar amounts not included above$161,970
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$246,616
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 $2,588
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $997
Miscellaneous Revenue$0
Total Revenue $250,201

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