Main Street Of West Memphis Inc is located in West Memphis, AR. The organization was established in 1990. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Main Street Of West Memphis Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2020, Main Street Of West Memphis Inc generated $42.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $34.3k during the year ending 12/2020. While expenses have increased by 5.6% per year over the past 5 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
2020
Describe the Organization's Program Activity:
Part 3
TO ESTABLISH PARTNERSHIPS THAT BRING FRESH RESOURCES AND IDEAS TO THE DISTRICT.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $39,397 |
Total Program Service Revenue | $175 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $3,018 |
Other Revenue | $0 |
Total Revenue | $42,590 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $370 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $33,962 |
Total expenses | $34,332 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $73,507 |
Other assets | $0 |
Total assets | $73,507 |
Total liabilities | $0 |
Net assets or fund balances | $73,507 |
Over the last fiscal year, we have identified 2 grants that Main Street Of West Memphis Inc has recieved totaling $12,000.
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