Artesia Mainstreet Inc is located in Artesia, NM. The organization was established in 1998. 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. Artesia Mainstreet 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 12/2021, Artesia Mainstreet Inc generated $723.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $384.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RESTORATION AND PRESERVATION OF HISTORIC DOWNTOWN, STIMULATION OF ECONOMICALLY VIABLE BUSINESS ENVIRONMENT IN DOWNTOWN AREA, AND PROVIDING HISTORIC AND CULTURAL RESOURCES TO RESIDENTS AND VISITORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DOWNTOWN MAINTENANCE: ARTESIA, NM AREA HAS A POPULATION OF APPROXIMATELY 15,000 CITIZENS. THE DOWNTOWN AREA ENCOMPASSES 40 CITY BLOCKS AND INCLUDES THE DERRICK FLOOR OILFIELD MONUMENT AND THE OILPATCH PLAZA WITH ITS GROUNDS AND FOUNTAIN. THERE ARE 4 ADDITIONAL BRONZE MONUMENTS IN THE DOWNTOWN AREA THAT ARE PART OF THE HISTORY IN BRONZE SERIES: SALLIE CHISUM, KNOWN AS THE FIRST LADY OF ARTESIA, TRAIL BOSS AND THE VAQUERO, BRINGING TO LIFE THE TURN OF THE CENTURY COWBOYS OF THE SOUTHWEST AND THE CATTLE RUSTLER, WHO MAY HAVE BEEN A CONTEMPORARY OF THE FAMED BILLY THE KID. ALL OF THE BRONZES REQUIRE PERIODIC WAXING AND PATINA TOUCH-UPS AND THE BRICKWORK AND LANDSCAPING REQUIRE UPKEEP. ARTESIA'S HERITAGE PLAZA AND WALKWAY IS A BEAUTIFUL CENTERPIECE IN THE DOWNTOWN DISTRICT CONTAINING A 7-FOUNTAIN RIVER DEPICTING THE CULTURE OF OUR AREA, REPRESENTED IN HANDMADE CERAMIC TILES. THE WALLS OF THE WALKWAY HOLDS A RENOVATED HISTORIC MURAL DEPICTING OUR HISTORY, THE TEXTURED FLOOR IS AN ORIGINAL MURAL AND THE ENTIRE AREA IS SHADED WITH DECORATIVE TREES AND PROVIDES SEATING AREAS TO ENCOURAGE VISITORS TO STAY AND ENJOY. ARTESIA MAINSTREET IS ALSO RESPONSIBLE FOR MAINTENANCE OF THE GROUNDS SURROUNDING THE ARTESIA PUBLIC LIBRARY LOCATED IN THE DOWNTOWN DISTRICT AS WELL AS THE BRONZE SCULPTURE LOCATED IN THE ROUNDABOUT AT ITS CORNER. MAINTENANCE, REPAIRS, UTILITIES AND INSURANCE MAKE UP THESE EXPENSES.
DOWNTOWN EVENTS: ARTESIA MAINSTREET HOLDS VARIOUS EVENTS IN THE DOWNTOWN AREA TO DRAW THE COMMUNITY INTO THE AREA TO EXPLORE, SHOP AND SOCIALIZE. THE 2021 EVENTS INCLUDED THE DOWNTOWN CHRISTMAS AND HALLOWEEN FESTIVITIES ALONG WITH TWO NEW EVENTS, RED DIRT BLACK GOLD AND DOWNTOWN MURALS. THE RED DIRT BLACK GOLD EVENT WAS AN ALL DAY LONG CELEBRATION INCLUDING FOOD, CLUBS, AND ENTERTAINMENT. THE DOWNTOWN MURALS INCLUDED FOUR DIFFERENT PIECES OF ARTWORK IN WHICH SOME AREA CITIZENS HELPED THE ARTISTS CREATE THE PIECES FOR THE ENJOYMENT OF THE TOWN.
VETERANS' PARK: AMS TAKES APPLICATIONS FOR INCLUSION ON THE BAISH VETERANS' PARK WALL OF HONOR. AN ENGRAVING FEE IS COLLECTED FROM EACH APPLICANT. ONCE THE APPLICATION PERIOD IS CLOSED, THE PANEL IS REMOVED AND TRANSPORTED TO HAVE THE NEW VETERANS' NAMES AND SERVICE INFORMATION PROFESSIONALLY ENGRAVED ONTO THE PANEL. THE PANEL IS THEN TRANSPORTED BACK AND RE-INSTALLED. FACADE IMPROVEMENT: WORK DONE ON A BUILDING ON MAIN STREET TO IMPROVE THE APPEARANCE AND CONDITION OF THE BUILDING. 1ST STREET GREENWAY: EXPENSES TO HELP FIRST STREET IN ARTESIA, NM KEEP LOOKIN GREAT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elisabeth Jackson Executive Director | Officer | 40 | $56,176 |
Jeffrey Bowman Vice-President, Director | OfficerTrustee | 0 | $0 |
Dennis Kinsey Secretary/treasurer, Director | OfficerTrustee | 0 | $0 |
Tommy Scroggin Vice-President, Director | OfficerTrustee | 0 | $0 |
Scott Taylor President/ Director | OfficerTrustee | 0 | $0 |
Greg Marrs Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $161,643 |
All other contributions, gifts, grants, and similar amounts not included above | $552,748 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $714,391 |
Total Program Service Revenue | $8,878 |
Investment income | $4 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $405 |
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 | $723,828 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $56,176 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,387 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,250 |
Fees for services: Accounting | $17,272 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $101,645 |
Advertising and promotion | $7,080 |
Office expenses | $15,466 |
Information technology | $1,436 |
Royalties | $0 |
Occupancy | $0 |
Travel | $476 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $845 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $18,566 |
All other expenses | $0 |
Total functional expenses | $384,514 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $105,394 |
Savings and temporary cash investments | $395,629 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $256 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $443,708 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $5,457,641 |
Total assets | $6,402,628 |
Accounts payable and accrued expenses | $3,477 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $3,477 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $382,510 |
Paid-in or capital surplus, or land, building, or equipment fund | $5,677,327 |
Retained earnings, endowment, accumulated income, or other funds | $339,314 |
Total liabilities and net assets/fund balances | $6,402,628 |
Over the last fiscal year, we have identified 2 grants that Artesia Mainstreet Inc has recieved totaling $116,500.
Awarding Organization | Amount |
---|---|
Py Foundation Artesia, NM PURPOSE: OPERATING | $100,000 |
Estelle H Yates Foundation Artesia, NM PURPOSE: MURALS | $16,500 |
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Avance Inc San Antonio, TX | $11,319,048 | $60,395,226 |
Operation Homefront Inc San Antonio, TX | $30,804,944 | $40,861,039 |
Gulf Coast Community Services Assn Inc Houston, TX | $4,457,612 | $33,824,576 |
Hill Country Community Action Association Inc San Saba, TX | $4,864,839 | $26,700,596 |
Community Development Institute Kansas Denver, CO | $25,496,430 | $27,631,308 |
El Paso Community Action Program Project Bravo Inc El Paso, TX | $2,433,349 | $16,653,742 |
Abilene Improvement Corporation Abilene, TX | $4,300,132 | $16,087,347 |
Waterloo Greenway Conservancy Austin, TX | $14,294,713 | $19,654,960 |
Avance Inc San Antonio, TX | $3,341,095 | $14,922,059 |
Urban Land Conservancy Denver, CO | $141,352,888 | $31,846,899 |
First Colony Community Services Association Inc Sugar Land, TX | $19,403,817 | $10,458,068 |
Community Council Of South Central Seguin, TX | $2,045,180 | $10,473,350 |